Vietnam expects to mobilise around US$370 million in official development assistance (ODA) and foreign concessional loans in the last four months of 2025, according to the Ministry of Finance.
Ho Chi Minh City has decided to spend over VND7 trillion (US$304 million) from its budget on infrastructure and equipment of health care units under the mid-term public investment plans for the 2021-2025 and 2025-2030 periods.
Vietnam is at a crossroads in its development and requires investment in its transportation network to sustain and expand its growth, said US-based Borgen Magazine in a recent article.
The joint venture among Deo Ca Group, Hai Thach Investment Construction JSC and 194 Construction Investment Corporation was named the investor of the Cam Lam-Vinh Hao Highway – a section of the North-South Expressway.
The law envisages that five sectors eligible for PPP investment including transportation, power industry, irrigation, healthcare, and infrastructure.
A proper mechanism is needed to attract investors to infrastructure projects implemented following the public-private partnership (PPP) model, experts have said.
The Ministry of Transport is scheduled open bids on five public-private partnership (PPP) component projects of the North-South Expressway from October 2-5.
The Ministry of Transport has approved bidding documents for five component projects of the North-South Expressway to be implemented under the public-private partnership (PPP) format.