Wednesday 30 January 2013

Vietnam metro bans 443 constructors for unpaid fines

Vietnam latest news - Thanh Nien Daily | Vietnam metro bans 443 constructors for unpaid fines: Ho Chi Minh City has blacklisted 443 constructors who will not be given new jobs or allowed to continue current work as punishment for failing to pay fines resulting from delayed or unapproved projects.

Nguyen Bat Han, deputy chief inspector of the city Transport Department, said in a Tuesday report posted by news website VnExpress that the contractors were involved in major undertakings such as the urban development project, the East-West Highway, the environmental improvement project at local canals, and the water and power system projects.

By the end of last year, they owed nearly VND6.7 billion (US$321,730) in unpaid fines, Han said.

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