The People's Court of Ca Mau province on August 12 sentenced former Chairwoman and General Director of the Advanced International Joint Stock Company (AIC) Nguyen Thi Thanh Nhan to ten years in prison for "violating bidding regulations, causing serious consequences" in a case involving the inflation of equipment prices for environmental monitoring stations in the former Bac Lieu province (now Ca Mau province).
The State Bank of Vietnam (SBV) on February 20 net injected more than 5 trillion VND (nearly 204 million USD) into the banking system through the open market operation (OMO) channel to support capital for commercial banks.
The project management boards and contractors are working day and night to complete the three sub-projects of the west part of the North-South expressway phase 2017-2020, including Mai Son-National Expressway 45, Vinh Hao-Phan Thiet and Phan Thiet-Dau Giay, ahead of the upcoming holiday on April 30.
The Hanoi People’s Court on January 4 passed sentences against 36 defendants for violations related to equipment procurement bidding packages for a hospital project at Dong Nai General Hospital.
Five component projects implemented in the form of public-private partnership (PPP) of the North-South Expressway need a proper mechanism to attract investors, according to insiders.
T&T Group defeated won a bidding to purchase more than 13,600 tonnes out of over 20,000 tonnes of raw cashew nuts from Tanzania at an auction session held by the Tanzanian government on October 31.
The Ministry of Transport will conduct the selection of investors for the North-South expressway via bidding for projects in the public-private partnership (PPP) form.
Thai Industry Minister Uttama Savanayana has expressed confidence that bidding for five major projects in the Eastern Economic Corridor (EEC) will be completed in 2018.
Bidding must open soon for investors to carry out the 11 projects needed to complete the North-South Expressway, Deputy Prime Minister Trinh Dinh Dung has said.
The State Capital Investment Corporation (SCIC) has confirmed it will continue its scheduled competitive share offerings in four companies in the latter half of this month.
A training conference for the project “Strengthening capacity of cost estimation, contract management, quality and safety of construction works” opened in the Mekong Delta city of Can Tho on June 23.
The Hanoi Stock Exchange (HNX) raised 25.083 trillion VND (1.103 billion USD) worth of government bonds, down 23.9 percent from March during 18 bidding sessions last month.
The Prime Minister allowed the HCM City administration to apply bidding selection forms in special cases under the Law on Bidding to select a contractor for a tidal flood control project for the city.
Vietnam exported 432,000 tonnes of rice for 191 million USD in August, bringing the total volume and value in the first eight months of this year to 3.37 million tonnes and 1.51 billion USD.
