MoT's proposal of over VND 447.2 trillion investment in transport infrastructure
InvestmentThe Ministry of Transport (MoT) is expected estimated total demand of over VND447.2 trillion (US$19.3 billion) for medium-term public infrastructure investment projects during 2021-2025.
Ho Chi Minh City needs US$3.6 billion to develop infrastructure
PolicyThe total funding needed for infrastructure projects in HCMC and those connected with neighboring provinces in the 2020-2025 period is estimated at VND83 trillion (US$3.6 billion), Thanh Nien newspaper reported.
Loans to BOT infrastructure projects pose risks of bad debts: Governor
PolicyThe central bank warned commercial banks of this issue two years ago.
Investment options for infrastructure projects
InvestmentThe Vietnamese government expects that at least $48 billion will be needed to invest in developing the country’s infrastructure system over the next few years. Bill Magennis, head of Vietnam at international law firm Allens and Huyen Nguyen, senior associate, explained how Vietnam can attract both domestic and foreign investment into this sector.
Vietnam encourages foreign investment in infrastructure projects
InvestmentPolicymakers and authorities at the Infrastructure Vietnam Summit that opened on July 25 in Ho Chi Minh City said foreign investors are getting access to various master plans and priority infrastructure projects in the country.
Can Tho starts construction on major projects
ProjectsVarious infrastructure projects in Mekong Delta city of Can Tho have been started or completed and put into operation, the city’s ODA project management unit reported.
Thua Thien-Hue asked to mobilise resources for infrastructure
PolicyPrime Minister Nguyen Xuan Phuc on June 10 asked the central province of Thua Thien-Hue to mobilise all resources for infrastructure projects in order to speed up local development.
HCMC calls for big investment capital in 210 infrastructure projects worth US$54 billion
InvestmentIn the “Conference on Investment Promotion into HCMC 2019” on May 8, Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong has called on potential enterprises to invest in 210 projects, with a total development cost of up to $53.8 billion. The majority of projects is in the transport area, with an addition of 1,000 hectares into planning for industrial parks.
Ho Chi Minh City invites foreign investments in 255 infrastructure projects
InvestmentThe Hanoitimes - In 2018, Ho Chi Minh City’s gross regional domestic product (GRDP) expanded 8.3%, making up 24.16% of Vietnam’s GDP, the highest rate so far.
Thai Nguyen city allocates 100 million USD for urban development
InvestmentThe northern province of Thai Nguyen is striving to develop Thai Nguyen city as a catalyst for its development, at the cost of 100 million USD, including 1.8 trillion VND (77.5 million USD) in loans from the World Bank.
