Hoang Son I Joint Stock Company was facing serious difficulties due to the regulations in Decree 15, which did not allow cashews imported from Africa to be sold domestically but only for export
Hoang Son I Joint Stock Company was facing serious difficulties due to the regulations in Decree 15, which did not allow cashews imported from Africa to be sold domestically but only for export. This caused large inventories, reduced competitiveness, and put the company at risk of bankruptcy. The company's Chairman of the Board of Directors believed that the company was "tied up" because it could not flexibly change its business purposes to respond to fluctuations in the domestic market.
Hoang Son I Joint Stock Company was facing serious difficulties due to the regulations in Decree 15, which did not allow cashews imported from Africa to be sold domestically but only for export. This caused large inventories, reduced competitiveness, and put the company at risk of bankruptcy. The company's Chairman of the Board of Directors believed that the company was "tied up" because it could not flexibly change its business purposes to respond to fluctuations in the domestic market.
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