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Update news Chinese contractors
The fate of five of the 12 notorious loss-making projects remain uncertain because the Chinese contractors cannot be taken to court.
When a finished urban railway in Hanoi is put into service remains unknown but Vietnam must pay a US$6.5 million debt for the project this year to the Chinese side, according to the local media.
Deo Ca, Vinaconex, Tasco, Sungroup and Vingroup all hope to participate in implementation of the North-South Expressway project.
Vietnamese investors registering to attend the bid for eight component projects of the north-south expressway have complained that they have found it difficult to compete with foreign investors to win the bids.
To Vietnamese, Chinese contractors means ‘low quality’. However, they are not be the fatal problem of Vietnam’s infrastructure works.
VietNamNet Bridge - More and more solar power projects have kicked off in Vietnam, especially in the central region, by Chinese contractors.
VietNamNet Bridge - Many coal-fired thermopower projects have been proposed recently despite environmentalists’ call to stop developing thermal power. Most of them are Chinese invested.
VietNamNet Bridge - Contractors fulfilling transport infrastructure projects are mostly from South Korea and China, according to a report released by the Ministry of Transport (MOT).
VietNamNet Bridge - Slow pace, inefficiency and higher-than-expected investment capital are the common characteristics of projects related to Chinese contractors.
VietNamNet Bridge - Many key projects in Vietnam with big problems in quality were implemented by Chinese contractors.
Vietnamese economists have long voiced concerns about the country’s heavy economic dependence on China, alleging certain groups and individuals have got kickbacks from Chinese contractors.
The Project Management Unit of Railway of the Cat Linh-Ha Dong urban railway project admitted that it violated regulations pertaining to labour and occupational safety standards during construction.
VietNamNet Bridge - Transport Minister Dinh La Thang backed the purchase of 13 trains from China for the Cat Linh-Ha Dong urban railway project, at a cost of USD63m, despite public concerns about quality and safety.
VietNamNet Bridge – Seven construction incidents executed by Chinese contractors within a short period of time have raised major concerns.
The recent incident in which two Chinese contractors suddenly abandoned their contracts in VN has aroused great concern. VietNamNet talks with Tran Dinh Thien, Head of the Vietnam Economics Institute, about this issue.
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Using Chinese production line and equipment, a fertilizer plant of the Ninh Binh Nitrate Company has been taking losses, while eight northern provinces periodically suffer outages because of Chinese transformers.
VietNamNet Bridge – Chinese contractors at the Thuong Kon Tum hydropower plant have threatened to stop the project, citing problems in worker recruitment.
Minister of Transport Dinh La Thang was quoted in Dat Viet as saying that rumors that China had prohibited its state-owned businesses to offer bids for projects in Vietnam were not a cause for concern.