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Stalled Vietnam rail project pushes Hyundai Engineering venture to seek damages

Contractor considers international arbitration if $115m payment is not made

The Hanoi Metro Line 3 project has faced extensive delays.   © Vietnam News Agency

HANOI -- A joint venture involving South Korea's Hyundai Engineering and Construction seeks $114.7 million in damages from the city of Hanoi for delays in completing an urban rail project in the Vietnamese capital.

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