The article mentioned the example of a project to produce pulp mill in Con Cuong bank loans but production was delayed for about a year. Hong Tan is the owner of this project was to exchange some information about the company confirmed that inaccuracies in the article.
According to the announcement 19027 from the company Tan Hong, total investment for the plant is nearly 660 billion VND 1,300 billion, not like in the paper. Loans to banks in the medium term of the contract is 320 billion and has not yet matured. The company also never send documents 19027 for a loan of Agribank Nghe An.
The company said after a pause time due to technical problems, the company has invited foreign experts from Finland, the Netherlands, Singapore combined with Vietnam Paper Corporation overcome. To date the plant was operational again. Currently Tan Hong have mastered this technology and fully operational pulp mill as set out plans.
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