Prime Minister Pham Minh Chinh has asked the Committee for Management of State Capital at Enterprises (CMSC) to resolutely handle loss-making projects and enterprises in May and to report to him on the results.

Such projects include expansions to the Thai Nguyen iron and steel plant in northern Thai Nguyen province, exploiting iron ore at the Quy Xa mine in northern Lao Cai province, developing an iron and steel plant in Lao Cai, and building Dung Quat Shipyard in central Quang Ngai province.

He also asked the CMSC to complete its production and trade and development investment strategy during 2021-2025 for State-owned corporations and groups before May 30.

It was also instructed to complete the restructuring plan for each State-owned corporation and group during the 2021-2025 period, for his consideration.