Posco

Update news Posco

Slush funds and bribery scandals overshadow Vietnam’s highway procurement

Vietnam’s citing of figures showing the efficient use of Official Development Assistance (ODA) have been overshadowed by news about embezzlement of funds in highway projects.

Korean contractors blamed for slow pace of railway project

Hanoi Chair Nguyen The Thao has shown his dissatisfaction with the sluggishness of the urban rail project from Nhon to the Hanoi Railway station, which is being carried out by Vietnam's Hancorp and Korean contractors Posco and Daelim.