State-owned Vietnam Railways has bet on a new venture with Chinese giant in a bid to solve an impasse in financial performance. However, concerns remain over possible gains and losses from the new partnership model.
Long-standing concerns could be solved in the latest version of the draft Law on PPP ahead of National Assembly discussions, which are expected to pave the way for domestic and international investors to get involved.
There will be no need to wait until next year to see new waves of South Korean investment into Vietnam, as new developments take shape on the back of the latest moves from the governments of the two countries.
Singaporean investment in Vietnam has kept on a steady growth momentum over the past years. Phan Huu Thang, former head of the Ministry of Planning and Investment’s Foreign Investment Agency, discussed with VIR the movements in Singaporean investment and the future prospects ahead.
The northern province of Thai Nguyen is becoming more appealing to domestic and overseas investors thanks to its current growth momentum, with a long list of projects in the pipeline over the next half-decade.
The long-awaited new decree guiding to the Law on Planning is expected to open a wider business development space for businesses to venture further into projects in Vietnam in the months ahead, with a new market orientation approach being a prominent highlight.
The Vietnamese Ministry of Transport (MoT) will delay the investment promotion conference to introduce investment opportunities in the Eastern Cluster of the North-South Expressway project in the 2017-2020 period until late April, instead of April 19 as planned earlier.