expressway giant vec owes over 38 billion Expressway giant VEC owes over $3.8 billion

13:38 | 03/07/2019

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 CMSC to supervise finance of 19 State-owned groups

11:04 | 01/06/2019

The Committee for Management of State Capital at Enterprises (CMSC) will oversee the finance of 19 State-owned groups and corporations this year.

31000 overloaded vehicles refused entry to highways vec 31,000 overloaded vehicles refused entry to highways: VEC

10:00 | 08/10/2018

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 ...

vec warns of risk of bankruptcy VEC warns of risk of bankruptcy

17:43 | 07/06/2018

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 ...

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