Maxfield Brown, a representative of Dezan Shira & Associates, has said it is time for foreign investors to pour capital into infrastructure in Vietnam.
Ho Chi Minh City’s authorities have called on local and foreign investors to invest in the city’s infrastructure.
Vietnam is in dire need of capital to develop the country’s infrastructure and the Government expects private investors, especially foreign ones, to take part as the State budget cannot afford the investment costs.
The abundant potential for tourism and renewable energy development has turned Vietnam’s central region into an investment hotbed.
Over 890 projects in infrastructure with total investment of 221 trillion VND (9.43 billion USD) are being carried out by in the Mekong Delta by 898 businesses from Ho Chi Minh City, according to statistics of the municipal People’s Committee.
VOV.VN - At the Investment Promotion Conference in Tokyo on June 3, the south-central province of Phu Yen called on Japanese investors to inject their money into six projects that the province pledged to implement a number of incentive policies to attract fresh investment capital.
Prime Minister Nguyen Xuan Phuc chaired a conference on the development of the southern key economic zone on May 6 in Bien Hoa city, the southern province of Dong Nai.
The central province of Thua Thien-Hue has decided to invest nearly 1.9 trillion VND (82 million USD) into a project on rural industry development through 2025.
VOV.VN - Prime Minister Nguyen Xuan Phuc has asked the WB to continue to help Vietnam with human resources and technical assistance, including refining public-private partnership (PPP) institutions.
Through investment into local infrastructure systems, climate-resilient energy, communications technology, and other programmes, the private sector is the key to achieving Goal 9: Industry, Innovation, and Infrastructure in the United Nation’s Agenda 2030 for Sustainable Development.
The central coastal province of Khanh Hoa has mobilised over VND1.14 trillion (over US$49.26 million) in official development assistance (ODA) from foreign donors towards infrastructure and socio-economic development projects in the locality.
Realising that a lack of infrastructure had prevented the province from fully tapping its advantages and potential, the northern coastal province of Quang Ninh set out to research and seek the central government’s permit to carry out many large-scale infrastructure projects in as early as in 2010.
Ho Chi Minh City and the Asian Infrastructure Investment Bank (AIIB) hope to enhance their ties to facilitate infrastructure development in Vietnam’s southern economic hub.
Vietnam, as one of the founding members of the Asian Infrastructure Investment Bank (AIIB), pledges to be a reliable and prestigious member that contributes to the bank’s effective operation.
The Union of Friendship Organisations of Vinh Long and the Japanese Consulate General in Ho Chi Minh City organised a ceremony in the Mekong Delta province on September 6 to celebrate the 45th anniversary of Vietnam-Japan diplomatic ties (September 21, 1973-2018).
VOV.VN - Heavy rains and floods in recent days have caused serious landslides and traffic congestion on many national highways and roads in the northern mountainous province of Lai Chau.
Hanoi stands ready to share experience and provide support in agriculture and many other sectors for Mozambique, Chairman of the municipal People’s Committee Nguyen Duc Chung has said.
Giant corporations from the US, Switzerland and France are rushing into Vietnam to invest in promising liquefied natural gas-to-power projects, raising the question whether Vietnam’s gas sources and infrastructure will be up to the task of meeting the demand.
Hanoi is striving to make efficient use of foreign loans, including official development assistance (ODA), to fuel socio-economic development, especially the building of a synchronous transport infrastructure network.
Hanoi has reportedly undergone considerable changes in its economic growth, appearance and infrastructure a decade on from the administrative boundary expansion.