Chinese contractor of Hanoi's metro line withdraws demand for US$50 million down payment
Vietnam's transport ministry sees the obstacles encountered by the Chinese contractor but the payment is unjustifiable.
19:27, 2020/06/02
Vietnam refuses Chinese contractor’s demand for US$50-million advance payment
A transport ministry official said that Vietnam has so far paid about 80% of the contracted amount and the rest would be paid just before the contractor hands over the project.
15:48, 2020/06/02
Chinese contractor demands extra US$50 million to operate Hanoi’s first metro line
Vietnam's Ministry of Transport will organize meetings with the Chinese contractor to discuss the capital issue for the trial operation of Hanoi’s first metro line.