The Ministry of Transport (MoT) will allocate the funding for the Cat Linh-Ha Dong urban railway project to its main contractor, in line with the signed Engineering-Procurement and Construction (EPC) contract, Deputy Minister of Transport Nguyen Ngoc Dong has said.
About 22.7 percent of construction firms said they performed better in Quarter 3 while 40.9 percent said their business remained stable, according to the General Statistics Office (GSO).
The Ministry of Transport has requested the contractor of the Hanoi’s Cat Linh-Ha Dong metro line to commit to ensuring their behind schedule proposal.
The test run of the Cat Linh-Ha Dong urban railway project, the first of its kind in Hanoi, has been delayed until September 2, 2018, after it missed a scheduled test in October.
The country experienced a noticeable fall of registered foreign direct investment (FDI) capital, while seeing an increase in the capital disbursement, in the first five months of this year.
By April 2014, Vietnam had 16,323 valid foreign-invested projects, with a total registered capital of US$237 billion, according to Deputy Minister of Planning and Investment Dang Huy Dong.
(VOV) - In an effort to optimise national development, Vietnam is becoming more selective regarding foreign direct investment (FDI), screening and declining projects incompatible with long-term goals.
(VOV) - Ministry of Planning and Investment (MPI) statistics show that the national economy has made substantial progress in the first seven months of this year, with major economic indexes on track.
(VOV) - National Assembly Standing Committee deputies have warned more difficulties will burden the national economy unless effective policies are introduced.