Hoang Quan Mekong Corporation faced significant project delays and financial concerns
Hoang Quan Mekong Corporation social housing project has not been completed after a decade, with a provincial inspection revealing serious violations. The company has failed to meet project timelines and collect customer money without proper legal conditions. Moreover, Hoang Quan Mekong Corporation recently announced a delay in bond interest payments exceeding VND 30 billion, raising concerns about its financial capacity. The company also mortgaged land designated for social housing, violating land laws.
Hoang Quan Mekong Corporation social housing project has not been completed after a decade, with a provincial inspection revealing serious violations. The company has failed to meet project timelines and collect customer money without proper legal conditions. Moreover, Hoang Quan Mekong Corporation recently announced a delay in bond interest payments exceeding VND 30 billion, raising concerns about its financial capacity. The company also mortgaged land designated for social housing, violating land laws.
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