70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Hanoinews
Chinese contractor of Hanoi's metro line withdraws demand for US$50 million down payment
Anh Kiet 13:14, 2020/06/18
Vietnam's transport ministry sees the obstacles encountered by the Chinese contractor but the payment is unjustifiable.

The Chinese contractor has withdrawn its request for an upfront payment of US$50 million for putting the final touches for the Cat Linh-Ha Dong urban railway project, local media quoted Deputy Minister of Transport Nguyen Ngoc Dong as saying at a recent press meeting.

Following meetings between Chinese contractor China Railway 6 Bureau Group and the Vietnamese transport ministry, the deputy minister explained that the two sides have reached an understanding on the issue.

 A train on the Cat Linh-Ha Dong urban railway in Hanoi. Photo: Nam Tran

The ministry sees the obstacles encountered by the Chinese contractor but the payment of the sum is unjustifiable. The Vietnamese side only makes payments based on the regulations on the engineering procurement and construction contract and in line with Vietnam’s laws, Dong said.

Besides, the transport ministry has requested the relevant agencies to expedite the project so that it can be put into operation in 2020, as requested by Prime Minister Nguyen Xuan Phuc.

Deputy Minister Dong confirmed that 28 Chinese experts have arrived in Vietnam after the cross border travel restrictions were eased. Other more than 100 Chinese personnel are undergoing procedures to return to Vietnam.

The Chinese experts are expected to enter Vietnam by train through the northern province of Lao Cai. Upon arrival, they must make health declarations, undergo health checkups and be disinfected before moving to Hanoi to be quarantined for 14 days.

Aside from them, three French consultants have not been able to arrive in Vietnam due to the travel restrictions. The Vietnamese Ministry of Transport is working with the Vietnamese embassy in France to facilitate their return.

According to the transport official, the French experts play a crucial role in the project, and the trial operation of Cat Linh - Ha Dong urban railway depends on the French team’s evaluation.

RELATED NEWS
TAG: Chinese contractor demand for US$50 million Hanoi’s first metro line
Other news
20:44, 2024/03/27
Hanoi promotes cooperation in developing specialty crop varieties
Hanoi is encouraging rural areas to promote the value chain of high-quality rice varieties, while attracting enterprises to join the rice specialty chain for export.
20:28, 2024/03/27
French education group Odyssey keen on strengthening cooperation with Hanoi
Odyssey Education Group and Hanoi are set to sign a memorandum of cooperation to implement French language teaching and educational programs in the capital.
14:44, 2024/03/27
Hanoi, Shanghai strengthen investment cooperation
Building and consolidating relations with China and its regions have always been a high priority for Hanoi.
05:00, 2024/03/27
A host of activities await visitors to Hanoi on Liberation Day
The city is a magnet for both local and international visitors during the autumnal days of October.
20:29, 2024/03/26
Hanoi kicks off communication contest on Dien Bien Phu victory
A vast array of activities will be held to commemorate the 70th anniversary of the Battle of Dien Bien Phu in 1954.
13:44, 2024/03/25
Hanoi to build more than 140 national-standard schools
The number of schools in the city's districts and towns on track to meet national standards is 141 this year, up from a target of 114.