"Vietnam's prime minister halted work at a $10.6 billion steel plant on concern over its environmental impact, in an effort to prevent another 'Formosa incident', local media reported, citing a government statement.
Steel maker Hoa Sen Group, the plant's investor, was not immediately available for comments. The company announced plans last year for the project, a complex of more than 1,700 hectares (4,200 acres) that could produce 16 million tons of steel a year.
Prime Minister Nguyen Xuan Phuc requested related parties to clarify market demand and environmental impact, state-run Vietnam television (VTV)'s website said."
My Pham reports for Reuters April 16, 2017.
Source: Reuters, 04/17/2017
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