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Government agencies slow with online bidding process

Government agencies slow with online bidding process

Vietnam targets having 50 percent of its bidding packages auctioned online this year, but government bodies have only achieved 30.8 percent so far.
Contractor for Hanoi metro demands compensation for land handover delay

Contractor for Hanoi metro demands compensation for land handover delay

Vietnamese contractor offers visionary choice to foreign real estate giants

Vietnamese contractor offers visionary choice to foreign real estate giants

Hanoi metro contractor demands $115 mln compensation for project delays

Hanoi metro contractor demands $115 mln compensation for project delays

Hyundai E&C-Ghella (HGU), main contractor for the Nhon - Hanoi Station metro route, has stopped construction of its underground section, demanding $114.7 million in compensation for losses caused by repeated delays.
October 29, 2021 | 08:48 am PT
Govt allows picking contractors for north-south expressway extension

Govt allows picking contractors for north-south expressway extension

The government has approved a proposal to choose contractors for 12 expressway projects to extend Vietnam's North-South Expressway instead of organizing bidding.
February 11, 2022 | 01:49 am PT
Construction giant Hoa Binh eyes billion-dollar profit, overseas expansion

Construction giant Hoa Binh eyes billion-dollar profit, overseas expansion

Hoa Binh Construction should focus on expansion to increase its annual profits to US$1 billion and revenues to $20 billion by 2032, its chairman has said.
April 26, 2022 | 09:20 pm PT
New bidding launched to find Long Thanh airport builder

New bidding launched to find Long Thanh airport builder

The investor of the Long Thanh Airport project has launched a second bidding invitation to find a contractor ready to build the facility's passenger terminal after a false start last year.
February 2, 2023 | 05:07 pm PT
Chinese contractor loses $1.5B bid for Long Thanh airport terminal

Chinese contractor loses $1.5B bid for Long Thanh airport terminal

Chinese consortium CHEC-BCEG-Vietnam Contractors and Vietnamese consortium Hoa Lu have lost in a bidding for the construction of a terminal at Long Thanh International Airport in southern Vietnam.
August 2, 2023 | 06:52 am PT
South Korean contractors reject expressway compensation demand

South Korean contractors reject expressway compensation demand

South Korean contractors Posco E&C and Lotte E&C have refused to pay compensation for damages in the billion-dollar Da Nang – Quang Ngai Expressway, saying their work was faultless.
October 17, 2023 | 07:42 pm PT
 
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