infrastructure
Vietnam is now a magnet for overseas financiers wishing to implement infrastructure initiatives before transferring them to the state.
Vietnam Airlines, Vietjet fear they may lose market share to newcomers
Both Vietnam Airlines and Vietjet have had to change their policy on air tickets for the 2020 Tet season because of the presence of Bamboo Airways, a ‘rookie’ in the aviation market.
Dutch scientists say Mekong Delta 0.8 meters above sea water level
A new study by Dutch scientists has found that the Mekong Delta is just 0.8 meters above sea water level, which means that 12 million people will have to evacuate in the next 50 years.
Vietnam’s logistics industry receives Asian investment
Japanese and South Korean are running a race to pour capital into Vietnam’s logistics industry.
Looking further afield to stimulate infrastructure
Vietnam’s new draft law on public-private partnership takes inspiration from legal frameworks around the world and provides an opening to satisfy the country’s growing demand for infrastructure investment.
Bottlenecks in logistics need to be cleared
The logistics sector has long been considered the backbone of trade activities. However in Vietnam, that backbone seems to have a lot of problems.
Industrial infrastructure mostly serves FIEs
Vietnam has borrowed big money to develop industrial infrastructure, but this has mostly brought benefits to foreign invested IZs (industrial zones) and FIEs (foreign invested enterprises).
Vietnam becomes fastest growing tourism market of Japan
Vietnam was the fastest growing tourism market of Japan with rise of 125.9 percent in 2018, according to the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT)’s 2019 white paper on tourism.
Aviation infrastructure remains heady issue
Vietnam’s aviation industry has been witnessing steady 2-digit growth rates over the last 10 years.
Ho Chi Minh City ramps up real estate
In an effort to become more attractive to investors and feature more modern infrastructure, Ho Chi Minh City is intensifying development of its urban real estate market.
Transport Ministry reports lots of major traffic projects behind schedule
According to the Ministry of Transport seven out of 10 major traffic projects under construction are behind schedule or under the risk of lagging behind schedule.
Hai Phong pavement project sees damage after 10 days
New pavements that have been laid down as part of Haiphong City’s attempt to improve its environment have already shown cracks some 10 days after being put into use.
Private airlines wait for approval to develop aviation infrastructure
Private investors are financially capable and willing to make investments in aviation infrastructure, but still cannot get the go-ahead from the government.