Blue Sky · Technical Service EngineerDec 31

At first, China was very interested in Vietnam’s ‘North-South High-Speed Rail’ project, but many things happened along the way, causing Chinese companies to have concerns and be unwilling to invest further.

In 2011, China Railway Sixth Group undertook the Hanoi Jileng – Ha Dong Light Rail Project. It was originally planned to be completed in 3-4 years, but upon the completion of the project, the Vietnamese side demanded an additional 50 million USD from the Chinese side as a ‘service testing fee.’ When the Chinese side refused, the Vietnamese side withheld the final payment. In order to avoid settling the final payment, the Vietnamese side hired the French consulting company ACT to assess the entire plant. The results showed that the project met quality standards. Ultimately, after the construction period was extended to 10 years, the project was only completed for acceptance and final payment settlement in 2021, and the disputed 50 million USD was never paid.

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