TOKYO -- One of Vietnam's biggest automakers has stepped up with a plan to be the lead builder of a government-proposed high-speed railway covering much of the country's coast.
Transportation
Vietnam's THACO bids to build and operate a $61bn high-speed railway
Bidding war emerges as conglomerate Vingroup has issued a similar proposal
THACO founder and chairman Tran Ba Duong at a year-opening ceremony in Quang Nam province on Feb. 3. THACO's bid is something of a wild card, as media have reported the government supports a rival bid. (From the company's homepage)
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