Chinese contractors

Update news Chinese contractors

Fate of five of 12 loss-making projects uncertain with EPC contractors out of reach

The fate of five of the 12 notorious loss-making projects remain uncertain because the Chinese contractors cannot be taken to court.

Debt payment for urban railway to proceed despite ongoing delay

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.

 

North-South Expressway: way cleared for Vietnamese contractors

Deo Ca, Vinaconex, Tasco, Sungroup and Vingroup all hope to participate in implementation of the North-South Expressway project.

Will the North-South expressway attract investors?

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.

Chinese contractors’ low quality: know your own faults before blaming neighbor

To Vietnamese, Chinese contractors means ‘low quality’. However, they are not be the fatal problem of Vietnam’s infrastructure works.

More Chinese contractors buy solar power projects in Vietnam

VietNamNet Bridge - More and more solar power projects have kicked off in Vietnam, especially in the central region, by Chinese contractors. 

Chinese investors flock to Vietnam to develop coal-fired thermopower plants

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.

Blacklisted Chinese contractors continue to undertake important projects

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).

Chinese contractors' delays frustrate minister, businesses

VietNamNet Bridge - Slow pace, inefficiency and higher-than-expected investment capital are the common characteristics of projects related to Chinese contractors.

Vietnamese people have lost confidence in Chinese contractors

VietNamNet Bridge - Many key projects in Vietnam with big problems in quality were implemented by Chinese contractors.

Self-interestedness?

  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.

Chinese urban railway contractors admit to violations

 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.

Transport Minister backs buying Chinese trains

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.

Vietnam insecure about Chinese contractors

VietNamNet Bridge – Seven construction incidents executed by Chinese contractors within a short period of time have raised major concerns.

Why does China win bids so easily in Vietnam?

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.

BUSINESS IN BRIEF 24/8

 Huge hotel project in BR-VT remains stalled after years; Inter-bank rates tend to rise; Expressway opens to all autos next week; No recalled Ford autos shipped to Vietnam; HPG expansion to make it Vietnam's biggest steel producer

Vietnamese investors regret Chinese technology purchases

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.

Lacking skilled workers, Chinese contractors stop project

VietNamNet Bridge – Chinese contractors at the Thuong Kon Tum hydropower plant have threatened to stop the project, citing problems in worker recruitment.

Vietnamese contractors capable of replacing Chinese counterparts on projects: MOT

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.