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Tisco halts many projects due to lack of funding.
Many projects at Tisco are behind schedule or have been halted due to a lack of funding and difficulties with land compensation and site clearance.
Infographic: Tisco's stalled 8.000 trillion VND project leads to the arrest of several leaders.
A comprehensive overview of the irregularities in the Phase 2 production expansion project of Thai Nguyen Iron and Steel Company (Tisco), which led to the arrest of several leaders.
Many former Tisco executives arrested, Thai Hung's boss steps down from his 'hot seat'.
Mr. Nguyen Van Tuan, chairman of the board of directors of Thai Hung Trading Joint Stock Company, has stepped down from his "hot seat" at Tisco amidst numerous violations by the company.
Over 8.000 trillion VND project stalled: Thai Nguyen Iron and Steel Joint Stock Company is reviewing accountability.
Tisco's leadership is reviewing and assessing the responsibilities of organizations and individuals involved in the violations concluded by the Government Inspectorate.
Tisco's profits plummet after findings of wrongdoing.
Net revenue increased by 6%, from over VND 2.648 billion to over VND 2.810 billion, but Tisco's net profit decreased by approximately 30%, reaching only VND 8,1 billion.
Thai Nguyen Steel Group aims for huge profits after stalled projects.
Despite the controversies surrounding irregularities in the phase 2 expansion project, Thai Nguyen Steel Corporation still aims for a pre-tax profit of 90 billion VND in 2019.
Irregularities at Thai Nguyen Steel Plant: Case transferred to the Ministry of Public Security.
The Government Inspectorate has transferred the inspection conclusions and related documents concerning violations at Thai Nguyen Iron and Steel Company to the Ministry of Public Security for investigation as per regulations.
Thai Nguyen Steel Company's stock remains stable.
The stock code TIS of Thai Nguyen Steel Corporation has remained unchanged for four consecutive trading days, following the Government Inspectorate's identification of numerous violations in the second phase of the factory expansion project.
When will Thai Nguyen Steel Company be able to repay its trillion-dong debt?
Once considered the "leading light" of Vietnam's metallurgical industry, Thai Nguyen Iron and Steel Company (TISCO) is now increasingly mired in debt and its competitiveness is declining, making the company's picture even bleaker.
Thai Nguyen Steel Company commits numerous violations, over 18 million shares remain unsold.
Shares of TIS, the stock of Thai Nguyen Iron and Steel Joint Stock Company (Tisco), remained unchanged for the second consecutive session with no trading activity, following the Government Inspectorate's announcement of findings detailing a series of violations.
The bidding company at Thai Nguyen Steel Plant is doing poorly.
Vinaincon has total assets worth trillions of VND (as of September 30, 2018; its Q4 2018 financial report has not yet been published), but its profits are meager, and it even incurred a loss of 112,5 billion VND in the first six months of the year.
Thai Nguyen Steel Company's stock continues to plummet.
This stock has fallen for four consecutive sessions and has lost 18,7% in 2018.
Thai Nguyen Iron and Steel Project: Investor plans to sue Chinese general contractor.
Vietnam Steel Corporation (Vnsteel) has instructed its capital representative at Thai Nguyen Iron and Steel Joint Stock Company (TISCO) to definitively resolve outstanding issues and disputes with contractors in EPC contracts...
Who will inject 2.000 trillion VND to save Thai Nguyen Steel Plant?
Following SCIC's withdrawal of all its capital, Tisco is convening an extraordinary general meeting of shareholders, scheduled for the end of June, to approve the plan to issue additional shares worth up to VND 2.000 billion and to elect additional or replacement members to the board of directors.
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