China’s alleged ban on Vietnamese contracts irrelevant: transport minister

In response to reports that China has prohibited state-owned companies from bidding on public projects in Vietnam, Transport Minister Dinh La Thang said the ban, if true, will have no effect on Vietnam.

Thang, speaking to press on the sidelines of the National Assembly meeting, said that many Vietnamese projects are being built by Japanese and South Korean contractors, and local companies are also capable of building transport projects.

In the event that Chinese contractors opt to withdraw, Vietnam will replace them with others who will be able to work even more effectively, according to the minister. …read more