Vietnam's increased demand for infrastructure development in the coming years requires governmental policies that encourage the private sector's participation, said economists and policymakers.

Many foreign investors have expressed their interest in railway projects of Vietnam amid the Ministry of Transport (MoT)’s efforts to attract private and foreign investment in railway infrastructure, an official of the Vietnam Railway Authority (VNRA) has said.

Vietnam welcomes the European Union (EU)’s commitment to mobilize 10 billion EUR (10.6 billion USD) by 2027 for investment in infrastructure projects in the Association of Southeast Asian Nations (ASEAN), Foreign Ministry deputy spokeswoman Pham Thu Hang stated at the ministry’s regular press conference on December 15.

VOV.VN - Prime Minister Pham Minh Chinh has expressed hope that Japan and the Japan Bank for International Cooperation (JBIC) in particular provide additional assistance to Vietnam’s priority areas, including climate change adaptation and digital transformation.

VOV.VN - Vietnam and the Republic of Korea (RoK) will work closely toward lifting their relationship to a level of comprehensive strategic partnership in 2022 in celebration of 30 years of diplomacy between the two countries.

VOV.VN - Prime Minister Pham Minh Chinh and his Lao counterpart Phankham Viphavanh have witnessed the signing and handing over of nine co-operation documents between the governments, ministries, agencies, and enterprises of the two countries.

Local property developer BRG Group and Japan’s Sumitomo Group have submitted investment proposals as part of their ongoing development of key infrastructure and logistics networks upgrades in the central city.

Vietnam aims to have 1,704 industrial clusters by 2025, according to the Ministry of Industry and Trade.

Analysts from real estate consultants Savills Vietnam have advised investors to focus more on new urban areas in Hanoi, especially those with convenient infrastructure networks.