Deputy general director of VEC arrested
May 12, 2020 | 12:43
A senior manager of state-run Vietnam Expressway Corporation (VEC) was arrested for violations in the management of the Danang-Quang Ngai Expressway project.
Expressway giant VEC owes over $3.8 billion
July 03, 2019 | 13:38
Vietnam Expressway Corporation (VEC) took up significant loans in USD and Japanese yen for terms of 16-40 years to develop expressway projects.
CMSC to supervise finance of 19 State-owned groups
June 01, 2019 | 11:04
The Committee for Management of State Capital at Enterprises (CMSC) will oversee the finance of 19 State-owned groups and corporations this year.
31,000 overloaded vehicles refused entry to highways: VEC
October 08, 2018 | 10:00
Transport authorities have prevented 31,000 trucks overloaded with goods or passengers from entering highways since early this year, the Vietnam Expressway Service Joint Stock Company has said.
VEC warns of risk of bankruptcy
June 07, 2018 | 17:43
If the government does not provide bailout, Vietnam's largest state-owned highway developer could face bankruptcy after spending VND90 trillion ($4 billion) on the construction of 415 kilometres of expressways in 14 years.
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