Mr. Nguyen Hoang Minh, Deputy Director of the State Bank of Vietnam-Ho Chi Minh City Branch (SBV-HCMC Branch), reported that the city’s banking industry’s capital mobilization nearly reached VND2.5 quadrillion last year.
Due to some strict requirements, some experts said it will be difficult for the North-South expressway to attract investors.
Public-private partnership (PPP) is considered among the optimal solutions to facilitate capital mobilisation for investment in infrastructure and services. However, the legal regulatory and institutional frameworks also need to be clear and robust to enable investors to accept risks over the longer term with some certainty of the framework within which these risks are being taken.
Many housing projects have been offered for sale in Ho Chi Minh City without licenses by authorized agencies. The city government said that is an illegal way of capital mobilization and the violation will be penalized.