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Hanoi’s metro line contractors want $81 mln compensation for delays

Hanoi’s metro line contractors want $81 mln compensation for delays

Contractors of the Nhon-Hanoi Station metro line have demanded $81 million in compensation for delays in handing over construction land.

Contractors suffer as steel prices surge

Contractors suffer as steel prices surge

A 40-50 percent surge in steel prices since the beginning of the year is troubling construction companies, forcing them to report losses and turn down contracts.

Ministry proposes picking contractors for north-south expressway extension

Ministry proposes picking contractors for north-south expressway extension

To soon complete the extension on Vietnam's North-South Expressway, the Ministry of Transport proposed appointing contractors instead of organizing bidding.

February 8, 2022 | 04:00 am PT

Construction contractors hit hard by surging costs

Construction contractors hit hard by surging costs

Contractor Hoa in the southern province of Dong Nai is in distress as the cost of one of his road projects has risen by 70 percent in five months.

June 24, 2022 | 05:00 am PT

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