Business

ADB, WB steps up online bidding in Vietnam

The Asian Development Bank (ADB) and the World Bank (WB) have decided to use the Vietnam National E-Procurement System (VNEPS) to conduct online bidding for construction and goods supply contracts for their projects.
ADB, WB steps up online bidding in Vietnam ảnh 1The ADB and the WB will use the Vietnam National E-Procurement System to conduct online bidding for construction and goods supply contracts for their projects (Photo: VNA)

Hanoi (VNA) – The Asian Development Bank (ADB) andthe World Bank (WB) have decided to use the Vietnam National E-ProcurementSystem (VNEPS) to conduct online bidding for construction and goods supplycontracts for their projects.

The move aims to improve the competitiveness, effectivenessand transparency of project procurement.

Initially, the ADB, the WB and relevant agenciesplan to carry out online bidding for 15 procurement packages worth more than 71million USD in projects funded by the two banks. Detailed information aboutthese packages will be published on http://muasamcong.mpi.gov.vn.

Bid invitation documents will be publicised bythe VNEPS and bidders will compile and submit their bid dossiers online.

Earlier, thanks to coordination between thePublic Procurement Agency under the Ministry of Planning and Investment and thetwo banks, modules for online bidding for these packages were built andintegrated into the VNEPS on January 1 this year.

The VNEPS, run by the national e-procurementcentre, was put into operation nationwide in 2016.-VNA
VNA
#Asian Development Bank#ADB#World Bank#WB#Vietnam National E-Procurement System#VNEPS#online bidding#public procurement#e-procurement#Public Procurement Agency#updated Vietnam news#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Green public procurement benefits economy, society: workshop

Green public procurement benefits economy, society: workshop

Green public procurement will bring many benefits to not only buyers and sellers but also the environment and the whole economy and society, said Deputy Director General of the Vietnam Environment Administration (VEA) Hoang Van Thuc said.
E-procurement must ensure quality

E-procurement must ensure quality

The building of a Government e-procurement platform needs strict regulations on management procedures and product quality.

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.