Deputy Prime Minister requested to handle the petition of Mr. Duong "Bia" company

(Dan Tri) - The Deputy Prime Minister requested the Ministry of Construction to study and handle the proposal of Hoa Binh Company Limited according to its authority. The Ministry also needs to conduct work or issue a document guiding the enterprise to comply with regulations.

The Government Office has just sent a document to the Minister of Construction regarding the handling of the petition of Hoa Binh Company Limited.

According to the document, considering the proposal of Hoa Binh Company Limited on the application of scientific and technological innovation in the construction of highways according to the new solution proposed by Hoa Binh Heavy War Invalids Company, Deputy Prime Minister Tran Hong Ha had some guiding opinions.

The Minister of Construction urgently reports to the General Secretary, Head of the Central Steering Committee on Science, Technology, Innovation and Digital Transformation under the direction of the Government leaders. The Ministry will also study and handle the proposals and recommendations of Hoa Binh Company Limited according to its authority. The Ministry will work or issue a document guiding enterprises to comply with legal regulations.

Previously, on March 4, Deputy Prime Minister Tran Hong Ha chaired a working session with Hoa Binh Company, scientific experts, the Ministry of Construction, and the Ministry of Science and Technology on the construction of expressways, viaducts, and elevated urban railways using hollow slab bridge technology on high-strength concrete piles (PRC) V+.

According to the report of Hoa Binh Company, PRC V+ pile bridge technology uses prestressed centrifugal concrete piles and hollow slab panels with prestressed ribs to build elevated expressways and elevated urban railways, replacing the technology of building expressways and viaducts using in-situ concrete piles and beams, which is more costly and time-consuming.

This enterprise has invited design consulting companies to examine and design, and signed a contract to build a trial 2-storey overpass using PRC high-strength concrete pile bridge technology in the Xuan Cau - Lach Huyen duty-free zone, Hai Phong City.

In conclusion, Deputy Prime Minister Tran Hong Ha said that, in addition to the advantages of the solution to construct overpasses in flooded areas, weak ground, coastal areas, etc., it is necessary to continue to clarify the economic and technical basis to show that the above company's solution has lower investment costs and shorter construction time compared to overpass technologies currently applied in Vietnam.

Hoa Binh Company Limited is a company associated with the name of Mr. Nguyen Huu Duong (commonly known as Duong "Bia"). This company introduces itself as the first and only company in Vietnam and Southeast Asia to produce malt - the main ingredient for beer production.

Mr. Nguyen Huu Duong (Photo: Manh Quan).

Recently, Duong Man Joint Stock Company, a business belonging to the ecosystem of Hoa Binh Company Limited, has just announced information on its financial situation for the first half of 2025 with a loss after tax of more than 17.4 billion VND - an improvement compared to the loss of more than 50 billion VND in the same period last year.

As of June 30, Duong Man's equity was more than VND6.3 billion, down 73.5% compared to the previous period. Of which, the owner's investment capital remained at VND277.5 billion. Undistributed profit after tax was negative by nearly VND271.2 billion. The coefficient of profit after tax on equity recorded a negative 276%, while the same period last year recorded a negative 211%.

The debt to equity ratio increased from 46.9 times to 174.66 times, equivalent to a debt of more than VND 1,100 billion. Of which, bank loans recorded nearly VND 286.7 billion; other liabilities nearly VND 616.1 billion and debt from bond issuance nearly VND 199.4 billion.

Source: https://dantri.com.vn/kinh-doanh/pho-thu-tuong-yeu-cau-xu-ly-kien-nghi-cua-cong-ty-ong-duong-bia-20250910225828801.htm