Vietnamese builders catching up with, surpassing foreign rivals

1476905-contractors1-vdgi Weakness


Dr Vu Gia Quynh, former general secretary of the Vietnam Construction Contractors Association, said many Vietnamese contractors opt to hire foreigners once they win a deal.


Though that is technically an ideal choice, it is a sign that Vietnamese firms do not trust each other, he said, calling it a weakness among local contractors.


“Since (most) Vietnamese contractors do not have deep pockets, they need to join hands with one another to be really able to compete.”


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Dinh Son – Le QuanThanh Nien News


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