Prime Minister Nguyen Tan Dung has approved a plan to raise the charter
capital of Vietnam Expressway Corporation (VEC) under the Ministry of
Transport (MoT).
The Ministry of Transport (MOT) has issued a draft decree calling for
enterprises paid to fix damaged roads and make them safe. They will be
punished if they do not complete the work on time.
Viet Nam Expressway Company (VEC) held a ceremony on Saturday marking
the start of construction on the Phuoc Khanh cable-stayed bridge over
Long Tau River in HCM City''s Can Gio District.
The Viet Nam Expressway Corporation (VEC) plans to boost its current
charter capital 22-fold to more than VND22.16 trillion (US$1.04
billion), ahead of its privatisation.
