Vietnam threatens to revoke licenses of Trung Nguyen’s tourism projects
Authorities in the Central Highlands province of Dak Lak has ordered Trung Nguyen Corporation, one of Vietnam’s largest coffee producers, to speed up construction work on four long-delayed tourism projects, local media reported on 10 March.
Trung Nguyen will lose its licenses to develop the projects totaling over VND2.38 trillion (US$105.58 million) if it fails to complete and open them over the next five years, Tuoi Tre newspaper said, citing the province’s statement.
