Vietnam is boosting attraction of investment through public-private partnerships. Donald Lambert, principal private sector development specialist, and Sanjay Grover, public-private partnership specialist from the Asian Development Bank, write about the solutions to ensure this type of funding is carried out correctly in Vietnam.
Ho Chi Minh City will need over 83 trillion VND (over 3.57 billion USD) of investment capital to develop transport infrastructure in the city during 2021-2025, the city’s authorities said.
The mega infrastructure project North-South Expressway has started inviting domestic enterprises to apply for bidding, a month after the Ministry of Transport ruled foreign companies ineligible to participate in the project.
The Vietnamese government is trying to lure investors to the country’s infrastructure development projects amid limited public funding and experts believe the investors will come if the government can create a sound legal and regulatory environment.
The Ministry of Transport has announced that they would cancel open international bidding for eight projects of the North-South expressway, in favour of domestic investors.
The National Assembly Standing Committee discussed a draft law on public-private-partnership (PPP) projects, composed by the Ministry of Planning and Investment (MPI), during its 37th session in Hanoi on September 16.
Japan’s Aichi prefecture wants to participate in the project to build the Ho Chi Minh City-Long Thanh highway in the form of Public-Private Partnership (PPP), said the prefecture’s governor Hideaki Ohmura.
Vietnam has delivered a strong performance on the human capital index but is facing challenges in ensuring high-quality human resources, said a World Bank official at the National Conference on Sustainable Development 2019.
A seminar was held in Ho Chi Minh City on August 30 by the Japan International Cooperation Agency (JICA) to introduce investment opportunities in infrastructure under public-private partnership (PPP) model.
Vietnam’s labour productivity has improved but is still low in comparison with other ASEAN members, according to a report by the Ministry of Planning and Investment.
VOV.VN - Ho Chi Minh City wishes for further coordination with the International Finance Corporation (IFC) in coping with challenges in urban transport, infrastructure construction and waste treatment so as to ensure sustainable development and improve locals’ living standards.
Vietnamese officials participated in the 52nd session of the United Nations Commission on International Trade Law (UNCITRAL) in Vienna, Austria, from July 8-19.
Vietnam on July 17 shared its experience in integrating Sustainable Development Goals (SDGs) into building plan and strategy for socio-economic development at the United Nations Economic and Social Council (ECOSOC)’s High-level Segment.
A workshop was held in Hanoi on July 4 to look into the prevention and settlement of contractual disputes in infrastructure public-private partnership (PPP) projects.
Prime Minister Nguyen Xuan Phuc signed Directive No. 13/CT-TTg on sustainable development on May 20, asserting that sustainable development is a consistent policy of the Party and State of Vietnam.
Prime Minister Nguyen Xuan Phuc has approved an investment project for the construction of the Hoa Binh-Moc Chau expressway under the public-private partnership (PPP) model.
Aligned to the global movement towards a digital economy, Vietnam is taking the Fourth Industrial Revolution in its stride. The big question is who should take the lead in bringing Vietnam into this new digital environment. Grant Dennis, general director at PwC Consulting Vietnam, looks at the potential solution of public-private partnerships.
VOV.VN - Road projects could move at a faster pace if the legal environment and public private partnership - related regulations are improved towards increasing guarantees for investors, an overseas research entity has predicted.
VOV.VN - Importance should be placed on perfecting mechanisms and policies aimed to enhance links among domestic firms and coordination between stakeholders in fostering public-private partnership (PPP) in Vietnam, said delegates at a workshop held in Hanoi on May 17.
VOV.VN - A bright future lies ahead for the nationwide expansion of public-private partnership model following the initial results of implementing many infrastructure projects and investment flows on the upward path.