Tag: "chinese contractors"

Imports from China on the rise

Imports from China on the rise

VOV.VN - In the first quarter of this year, imports from China jumped by 18.9% to nearly US$12.7 billion against the same period last year, making up 27.3% of the country’s total imports, according to preliminary statistics from the General Department of Vietnam Customs.

Ministries disagree on Chinese-funded highway project

Ministries disagree on Chinese-funded highway project

The Ministry of Transport (MOT) believes Vietnam should borrow US$300 million from China if it chooses Chinese contractors for the highway project, while the ministries of Planning & Investment (MPI) and Finance (MOF) say Vietnam needs to be more cautious about the project.

China’s suspension of bidding does not affect Vietnam

China’s suspension of bidding does not affect Vietnam

(VOV) - Deputy Prime Minister Hoang Trung Hai has provided assurances that Vietnam will not suffer any dire consequences as a result of China’s recent suspension of bidding on projects in the Southeast Asian nation.