The People’s Committee of Dong Nai province has approved investment plans for four local roads, most of which are directly connected to Long Thanh International Airport - a driving force for investment and economic development in the southern region.

While new public-private partnership ventures and new legislation are in the gun barrel waiting for potential investors to join, possible concerns over risk protection are still in the way, possibly threatening the bankability of the country’s future transport plans.

Prime Minister Pham Minh Chinh has directed the Ministry of Transport to adopt the principle of “three don’ts” in addressing problems from project implementation: Don’t say “no”, Don’t say “difficult”, and Don’t say “yes” but then take no action.

Finnish Ambassador to Vietnam Kari Kahiluoto said investors from Finland want to invest in highways, thermal-power, energy, and waste treatment projects in the southern province of Dong Nai at a working session with the local authorities on April 22.

The People’s Committee of Ho Chi Minh City, in collaboration with the Consulate General of the Republic of Korea (RoK), for the first time organised a dialogue between city leaders and RoK enterprises on March 25 to help them deal with difficulties in investment and business.

Deputy Prime Minister Trinh Dinh Dung has urged the People’s Committee of the southern province of Dong Nai to quickly carry out four projects on land acquisition, compensation, site clearance, and development of resettlement zones for construction of Long Thanh International Airport.

The prospect of busy urban areas being created around Long Thanh International Airport in southern Dong Nai province has attracted investment in the eastern reaches of neighbouring Ho Chi Minh City, which has become appealing thanks to its connectivity, standardised planning, and ideal geographical location.

VOV.VN - The Vietnamese economy looks set to grow by 6.5% annually over the next decade as the Government is making every effort to diversify its export markets whilst undertaking projects aimed at improving infrastructure, according to predictions made by Fitch Solutions.

Vietnam has the potential to turn itself into an international resort destination that can compete with tourism powerhouses like Thailand and Indonesia, an expert from Savills has said.

The Vietnam Airlines Corporation has said it is planning to invest nearly VND10 trillion (US$434.78 million) in Long Thanh International Airport, which is now under construction in the southern province of Dong Nai.