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Update news bidding
Regarding the wrongdoing at the VND34 trillion Da Nang – Quang Ngai Expressway project, many foreigners left for their home countries before the case was prosecuted.
The mega infrastructure project North-South Expressway has started inviting domestic enterprises to apply for bidding, a month after the Ministry of Transport ruled foreign companies ineligible to participate in the project.
Nguyen Minh Cuong, Principal Country Economist at the Asian Development Bank (ADB), talks to bizline.vn on the effect of halting international bidding for eight projects on the North-South expressway.
VietNamNet Bridge – Holding bidding for trash collection contracts is a positive step in theory for HCM City, but the city’s administration has struggled to turn the idea into reality.
VietNamNet Bridge - While the State calls to use Vietnamese goods, state agencies refuse contractors that offer Vietnamese products.
Most Vietnamese exports to China, either through official channels or across the border, have been meeting obstacles, except for rice. Experts question why this is happening.
Some 15 tons of gold has been sold by the State Bank of Vietnam through bidding. It is estimated that VND15 trillion has been taken back from the gold sale.
The major purpose of the gold bidding is to stabilize the market. However, the goal remains unattainable after 6 bidding sessions were organized.
The delay in the site clearance work has become so commonly seen in Vietnam. However, things may change a lot after a Japanese contractor asked for additional expenses to compensate the losses it incurred due to the delay in the site clearance.
No investment capital from the states, but a lot of non-state science institutions show that they have been operating very well and they are in no way inferior to the organizations funded by the State.