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Latest News about bot projects

VNR concerned over loss of entire equityicon
BUSINESS10/01/20210

VNR concerned over loss of entire equity

The Vietnam Railway Corporation (VNR) incurred losses of some VND1.3 trillion last year due to Covid-19 and continuous storms in the central region.

 
State Audit of VN notes high pay for foreign specialists in ODA projectsicon

State Audit of VN notes high pay for foreign specialists in ODA projects

BUSINESS
05/07/2020

A foreign specialist in an ODA (Official Development Assistance) project can receive VND500-700 million a month, while pay for a Vietnamese specialist is just tens of millions of VND.

Delayed BOT projects threaten to disrupt future power supplyicon

Delayed BOT projects threaten to disrupt future power supply

BUSINESS
12/06/2020

A series of build-operate-transfer power projects are lagging behind set schedules by as much as a year due to the global pandemic, threading concern into the power supply issue in the coming time.

Local businesses disturbed about many new policiesicon

Local businesses disturbed about many new policies

BUSINESS
03/06/2020

The attempts to increase budget collection may neutralize the policies aiming to recover the economy after the epidemic.

Nearly US$3 billion worth of loans to BOT projects likely to become bad debticon

Nearly US$3 billion worth of loans to BOT projects likely to become bad debt

BUSINESS
27/05/2020

Forty-nine BOT (build-operate-transfer) transport projects have been reported as having revenue below expectations.

Transport Ministry proposes State to compensate controversial BOT tollgatesicon

Transport Ministry proposes State to compensate controversial BOT tollgates

BUSINESS
25/05/2020

The Ministry of Transport has proposed that the Government compensate developers of two out of four build-operate-transfer (BOT) tollgates and shut them down due to protests among road users.

Thousands of bank officers lose jobs as ebanking growsicon

Thousands of bank officers lose jobs as ebanking grows

BUSINESS
01/11/2019

More than 2,320 bank officers have lost jobs at VP Bank, and the figure is 1,248 at OCB. The two banks had the highest number of officers losing jobs this year.

Financing for BOT projects in Vietnam on iceicon

Financing for BOT projects in Vietnam on ice

FEATURE
23/10/2019

Vietnam has closed its doors to international investors joining the Eastern Cluster of the North-South Expressway initiative, catering to domestic groups only. 

BOT projects need careful considerationicon

BOT projects need careful consideration

SOCIETY
14/09/2019

The Government's website (baochinhphu.vn) recently published an interview with Dr Tran Chung, President of the Association of Private Investors in Road Transport, on strong and weak points of BOT projects in Vietnam.

Fee collection suspension lifted at three BOT projectsicon

Fee collection suspension lifted at three BOT projects

SOCIETY
12/07/2019

The Directorate for Roads of Viet Nam (DRVN) on Wednesday lifted the suspension of fee collection at three build-operate-transfer (BOT) projects.

VN State Audit pinpoints violations at BT, BOT projects, banksicon

VN State Audit pinpoints violations at BT, BOT projects, banks

BUSINESS
22/05/2019

The State Audit of Vietnam (SAV) has uncovered several violations in the execution of build-transfer (BT) and build-operate-transfer (BOT) projects as well as at local banks.

Banks are worried as BOT projects incur lossesicon

Banks are worried as BOT projects incur losses

BUSINESS
11/05/2019

Nearly half of the transport BOT projects under the management of the Directorate for Roads of Vietnam (DFRV) report low revenue, with many of them incurring big losses.

Defense Ministry firm found to forge applications for transport projectsicon

Defense Ministry firm found to forge applications for transport projects

SOCIETY
13/04/2019

Thai Son Development and Investment JSC, a business under the Defense Ministry, was found to have falsified bank statements to win construction contracts and BOT transport projects before transferring them to other contractors.