Encouraging investment in infrastructure in the form of public-private-partnership (PPP) is necessary to tap into domestic and foreign capital sources and technology, said Deputy Minister of Planning and Investment Vu Dai Thang.
Deputy Transport Minister Nguyen Ngoc Dong has pledged to create optimal conditions for calling international investment capital in the eastern North-South expressway.
The Ministry of Planning and Investment (MPI) has proposed building a draft law on investment in public-private partnership (PPP) models, including BOT (build-operate-transfer) form, which is expected to become a legal foundation for all PPP investment activities.
International Local Development Consortium (ILDC) from France intends to develop a $6-billion deep seaport complex in the Mekong Delta of southern Vietnam.
Vietnam’s demand for infrastructure development, including transport, energy, and urban development, is huge, while both public investment and official development assistance (ODA) loans are limited.
VOV.VN -Prime Minister Nguyen Xuan Phuc has underlined the necessity of seeking new resources for national development by reducing institutions and mechanisms that hinder the country’s infrastructure development.
The public investment restructuring scheme in 2017-20 will focus on core sectors of the economy and major projects that give impetus to socio-economic development and promote public and foreign investments under public-private partnership (PPP) practice.
Minister of Transport Nguyen Van The has signed a decision to announce a list of projects to build sections of the North-South Expressway in the east during 2017-2021.
VOV.VN - Capital investment in the national economy is considered a vote in favour of the Government, said Prime Minister Nguyen Xuan Phuc at the annual Vietnam Business Forum (VBF) 2017 in Hanoi on December 12.
Prime Minister Nguyen Xuan Phuc has hoped that France’s VINCI Group will increase investment in Vietnam, especially in infrastructure and environment.
The Vietnamese Government is set to rein in the role of the State in the economy and encourage private sector-led growth.
Despite growing interest among international groups, Vietnam might have to pivot to domestic investment in developing the eastern spur of the North-South Expressway project amid a lack of a guarantee mechanism for foreign investors.
Prime Minister Nguyen Xuan Phuc urged central agencies and localities to use their resources to develop three leading State-run universities in Hanoi, Da Nang and HCM City into university-city complexes to herald the Industry 4.0 era.
Ho Chi Minh City should develop a “twin city” model, which would divide the metropolis into two urban areas, a western and an eastern one, to allow each part to properly develop, said Dr Vo Kim Cuong, former deputy chief architect of HCM City.
Domestic and foreign experts, business executives and managerial officials have sought to make use of public-private partnership (PPP) to support the development of ethnic minority-inhabited areas in the Central Highlands.
While successfully hosting the upcoming 2017 APEC Economic Leaders’ Week, Da Nang should spare no effort to become the most livable city in the country, a must-visit tourism destination and a major investment attraction, Prime Minister Nguyen Xuan Phuc said on October 15.
VOV.VN - Hong Kong Trade Development Council (HKTDC) has announced that it will send two business delegations to Vietnam, from now until January 2018, to seek investment opportunities in the country.
The central city has attracted 43 new foreign direct investment (FDI) projects worth US$60 million in the first eight months this year, 4.6 times the amount in the same period last year, vice director of the the municipal Investment Promotion and Support Agency, Nguyen Ky Anh said.
Prime Minister Nguyen Xuan Phuc agreed in principle with Ho Chi Minh City’s proposal on administrative decentralisation to a maximum possible extent during a working session in Hanoi on September 6 with the Standing Board of the municipal Party Committee.
With public funding only able to meet a fifth of the VND1.8 quadrillion (US$80 billion) required for development works in HCM City’s in 2016 – 20, municipal authorities are striving to involve the private sector.