infrastructure development

Update news infrastructure development

Ministers, local leaders urged to enhance public investment disbursement

Ministers and leaders of People’s Committees of cities and provinces nationwide are required to remove difficulties and promote the disbursement of public investment as well as production, business and consumption.

Vietnam urged to improve infrastructure to attract more FDI

Vietnam needed to improve its infrastructure in order to attract more FDI, a webinar heard on Monday.

Da Nang calls for $2 billion investment in 2021-25

Da Nang has called for total investment of VND47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-25, focusing on transport and traffic.

HCM City needs VND21t for water transport in next 30 years

The HCMC Department of Transport has estimated that the city will need more than VND21 trillion for its water transport in the next 30 years,

 

Vietnam’s construction market forecast to lure more foreign investors

More foreign participation is forecast in Vietnam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development.

Nearly US$3 billion worth of loans to BOT projects likely to become bad debt

Forty-nine BOT (build-operate-transfer) transport projects have been reported as having revenue below expectations.

Foreign investors call for greater flexibility in Vietnam's upcoming PPP law

A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029.

Vietnam needs new approaches to fund development: ADB expert

As Vietnam is estimated to need an average of US$210 billion for infrastructure per year through 2030 to meet its development targets, an ADB expert suggested the country should adopt new approaches to get the huge capital.

 

With 200 aircraft for 90 million people, Vietnam’s aviation industry remains modest

Investors have noted that the number of aircraft in Vietnam is low compared with regional countries.

Vietnam ready for ASEAN Chairmanship Year 2020: ambassador

The Vietnamese Permanent Mission to ASEAN has completed all preparations for the ASEAN Chairmanship Year 2020, a diplomat has said.

Infrastructure developers await law on PPP

The National Assembly is working on an investment law on public-private partnerships (PPP) which investors hope will settle legal conflicts.

More airlines join market, create infrastructure bottlenecks

Runways, infrastructure and air traffic control activities cannot keep up with the pace of aviation market development.

5G subscriptions in Vietnam likely to hit 6.3 million by 2025

The number of 5G subscribers in Vietnam could hit 6.3 million by 2025, according to technology conglomerate Cisco Vietnam.

Soc Trang attractive to wind power developers

The Mekong Delta province of Soc Trang has risen to an attractive destination for investors in renewable energy, especially wind power.

VN Transport Ministry moves ahead to reorganize inland container depots

Inland container depots (ICD) play an important role in connecting transport modes, sharing the burden with seaports.

Infrastructure development to give southern region a push

Still the ‘engine’ of the country’s economic development, southern provinces have seen growth slowing down.

VN Government supports special mechanisms for ground clearance in HCM City

PM Nguyen Xuan Phuc had a meeting with HCMC leaders yesterday on implementation of special policies and procedures to shorten times for compensation, resettlement, and handover of land during ground clearance for infrastructure development.

 

World Bank pledges to support Vietnam in infrastructure development

 VietNamNet Bridge – The World Bank is willing to work with Vietnam in infrastructure development and wants to share Vietnam’s experience with other countries in this sphere, 

Vietnam seeks more FDI from Japan

 VietNamNet Bridge – Vietnam is expected to receive more foreign direct investment (FDI) from Japan in the coming years as part of its strategy to shift investment attraction towards high-quality capital.

Compensation for expropriated land “detached” from market value: experts

 VietNamNet Bridge – The Government’s mechanism to calculate the compensation rate for residents whose land it takes for public purposes is "detached" from the market value instead of relying on it,