infrastructure development

Update news infrastructure development

VietNamNet Bridge - The Ministry of Planning and Investment (MPI), which is now drafting the Law on Planning, is attempting to reduce overlapping development plans.

Economists: Vietnam should be cautious about loans from AIIB

Although the offered low-cost loans from AIIB (Asian Infrastructure Investment Bank) are very attractive, economists say Vietnam needs to think carefully before borrowing money.

Vietnam plans to prioritize ecological IZ development

VietNamNet Bridge - The State is encouraging institutional and individual investors to establish new ecological industrial zones (IZ) or develop existing IZs into ecological zones.

Foreign associations concerned about Vietnam visa policy

 VietNamNet Bridge – Representatives of foreign business associations have expressed concern over Vietnam’s visa policy, claiming their member enterprises are having problems with short-stay visa and strict entry regulations.

Investors still awaiting the ‘go-ahead’ for aviation infrastructure projects

VietNamNet Bridge - The government has called for public investment in aviation infrastructure projects, but it has not shown how the investors should approach the projects.

Road projects prepping for sale to investors

 VietNamNet Bridge – Viet Nam needs to invest in infrastructure while sustaining economic growth. So far, the State budget and official development assistance have contributed most of the funding for infrastructure development.

One-third of enterprises in Vietnam make profits

 VietNamNet Bridge – Only more than 30% of 485,000 operational enterprises in Vietnam have been profitable in the year to October despite lingering economic woes,

HCM City wants to borrow $1.5 billion for transportation and flood prevention

 VietNamNet Bridge - To have enough capital to invest in traffic works and to prevent flooding in the next three years, Ho Chi Minh City has proposed borrowing $1.5 billion of soft loans from the World Bank.

Transport projects thirsty for capital

 The state budget is not big enough to provide capital to all transport projects. Meanwhile, the idle capital in the society still has not been mobilized for the transport infrastructure development.