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General

VNPT accused of wastefulness

Monday 29 July 2013 | 01:30 CET | News
Vietnam's Government Inspectorate has accused the Viet Nam Posts and Telecommunications Group (VNPT) of being wasteful. According to the Inspectorate, the state-owned company has made significant investment mistakes which have been costly. Inspectors found that many projects were seven to eight months behind schedule, pushing up investment costs and causing a decline in capital efficiency, Viet Nam News writes. Furthermore, in providing telecommunications services, VNPT failed to assess development potential, competitor abilities, and market and technology development trends. Also, the

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Categories: General
Companies: VNPT
Countries: Vietnam
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