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The company that claimed to have $100 billion available to build high-speed railways sent an urgent petition.

Mr. Truong said he sent an urgent petition about not being invited to the meeting on the North-South High-Speed ​​Railway project and requested to work directly to explain the investment proposal, capital...

VTC NewsVTC News29/11/2025

On the morning of November 29, Mr. Vo Xuan Truong - Chairman of Mekolor, representative of the Mekolor - Great USA alliance, continued to inform about the incident of not participating in the North - South high-speed railway project meeting organized by the Government on November 27.

On his personal page, Mr. Truong shared a photo of a petition letter sent to the leaders of the Party, State, and Government, claiming that he had not received any invitation to the meeting.

“We propose to work directly to explain the investment proposal, prove the capital, and at the same time request to review the invitation letter sending process, correct false statements that affect the reputation. The Union's capital is clean capital - supervised by the IMF, WB, FATF - fully legalized and we always seriously accompany the national development strategy" , Mr. Truong wrote.

On his personal page, Mr. Truong continuously updates his information and images and shares about the North-South High-Speed ​​Railway project.

On his personal page, Mr. Truong continuously updates his information and images and shares about the North-South High-Speed ​​Railway project.

According to the letter, the representative said that recently, the joint venture has accessed information about the North-South high-speed railway project - a project that is a symbol of Vietnam's future strategy, and has sent 3 documents proposing to participate. At the same time, it proposed to deposit 100% - equivalent to 100 billion USD to invest in the project, to be determined to participate in the project.

However, up to now, the Mekolor and Great USA Joint Venture has not received any response regarding interest in this project.

But through the press about the meeting on November 27, the joint venture read the statement of Deputy Prime Minister Nguyen Hoa Binh, that the Mekolor and Great USA Investor Alliance had registered but did not attend the meeting. The government also contacted but could not find the address.

“We are shocked and regretful about this information. Up to now, we have not received any invitation to attend the meeting; while our phone number, office, and representative address in Vietnam still exist and operate normally,” Mr. Truong added.

According to the petition, this unit also wants to organize an official meeting between the Mekolor - Great USA Alliance and the Government. Because in the past, it has sent many documents, petitions, pre-feasibility reports and investment proposals for key infrastructure projects, including the North-South High-Speed ​​Railway, but has not yet received a response. The meeting is for this joint venture to fully explain its financial capacity, legal documents, implementation capabilities and long-term investment commitments.

The recommendations were shared by Mr. Truong on his personal page.

The recommendations were shared by Mr. Truong on his personal page.

The meeting also aimed to provide all legalized documents related to the registered capital, and to establish a direct communication mechanism to avoid any misunderstandings; to review the organization and process of sending invitations to businesses.

This representative also requested to correct the statement related to the Mekolor - Great USA Alliance, saying that the statements in the press saying that the Alliance was not serious because "the address could not be contacted" had affected its reputation. It is necessary to consider publicly correcting or officially announcing the status of the coordination, to avoid incorrect assessments being used as a basis for untrue media.

Mr. Truong added that he is still in Vietnam. The representative office of the Alliance in Vietnam is Mekolor Joint Stock Company with business code and address located in Ninh Kieu Ward, Can Tho City. It is still operating normally and seriously in the investment proposal for the North-South high-speed railway project up to this point.

Previously, on November 27, the Government invited 6 enterprises to propose the North-South high-speed railway project, but only 5 enterprises attended the meeting, including: Vietnam 3000 Company Limited - Vietnam Investment and Development Group, Discovery Group Joint Stock Company, Vietnam Railway Transport Joint Stock Company, Truong Hai Group Joint Stock Company, VinSpeed ​​High-Speed ​​Railway Investment and Development Joint Stock Company.

Only the Mekolor - Great USA Alliance - the unit that announced to invest 100 billion USD in this project, did not attend the meeting.

The headquarters of Mekolor Joint Stock Company in alley 24 Ly Tu Trong street, Thoi Binh ward, Ninh Kieu district, Can Tho city is a level 4 house located deep in a small alley.

The headquarters of Mekolor Joint Stock Company in alley 24 Ly Tu Trong street, Thoi Binh ward, Ninh Kieu district, Can Tho city is a level 4 house located deep in a small alley.

According to Permanent Deputy Prime Minister Nguyen Hoa Binh, through the working session, we also learned about the goodwill of the enterprises, which enterprises have goodwill, which enterprises are serious, and which enterprises are not serious. The Deputy Prime Minister emphasized that this is a large-scale project, extremely important to the economy, with high technology content, so exchanging and learning information with enterprises and investors is very necessary.

In the document proposing to participate in the North-South high-speed railway project in June, Mekolor introduced itself as a private organization, founded in Vietnam, operating as an "economic innovation brain", with the mission: Developing humane economic models, not dependent on debt; combining blockchain technology with labor value to redefine the concepts of "credit" and "asset".

But business registration information data shows that Mekolor's main business line is trade promotion and introduction organization, with a charter capital of 1 billion VND, operating on October 27, 2016.

GREAT USA was established in Florida (USA), is the legal entity representing the entire Great Network ecosystem in the US and international markets.

GREAT USA is responsible for issuing and operating stablecoupons - a type of encrypted cryptocurrency such as USDG (tied to USD) and EURG; connecting international capital from investment funds, governments and ESG (Environmental - Social - Governance) partners; coordinating data systems - smart contracts - distributing assets globally.

The North-South high-speed railway project was approved by the National Assembly in November 2024, with a total initial capital of about 1.7 quadrillion VND (equivalent to 67 billion USD). The 1,541 km long route, starting from Ngoc Hoi station (Hanoi) and ending at Thu Thiem station (Ho Chi Minh City), passes through 20 provinces and cities.

The project is newly invested with a double gauge of 1,435 mm, a design speed of 350 km/h, a load capacity of 22.5 tons/axle, including 23 passenger stations and 5 freight stations, meeting the needs of passenger transport and the ability to transport goods when necessary, while serving national defense and security goals.

Quang Huy

Source: https://vtcnews.vn/cong-ty-tuyen-bo-co-san-100-ty-usd-lam-duong-sat-cao-toc-lai-gui-kien-nghi-khan-ar990091.html


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