PPP

Update news PPP

Private investors will have more options to invest in aviation infrastructure, which has been dominated by state-owned enterprises. 

Expressway hopes feel the squeeze

Thus far, the Law on Public-Private Partnership Investment has yet to make a major effect on the transport sector.

Law provisions open doors for development

While the laws on investment, enterprises, and funding under the public-private partnership model are appreciated by local and foreign stakeholders. 

Infrastructure development at the centre of PPP decree direction

Further clarifying the legal framework for infrastructure development via wider participation of private investors is expected to help the country attract more funding into the industry.

Investors seeking piece of PPP cake

With the issuance of the ground-breaking Law on Public-Private Partnership Investment, private groups have voiced expectations for future guiding decrees, requesting to extend the risk-sharing mechanism to completed and ongoing projects.

Wide impacts to be made with new law changes

Effective in 2021, the amended laws on Enterprises, Investment, and Public-Private Partnership are expected to entail breakthrough changes to Vietnam’s business and investment landscape in the coming time, 

Revenue risk to be applied sparingly

Vietnam will, for the first time, apply revenue risk allocation for public-private partnership initiatives from early 2021, but the application will be restricted to certain projects to ensure bankability.

What's the real cost of the North-South Expressway?

The estimated cost of the North-South Expressway in 2018 was VND16 trillion lower than the initial estimate made in 2017 when the National Assembly decided to develop the project.

Public investment to give push to Vietnam's real estate market

New policies are expected to accelerate the recovery of the real estate market and lay a firm foundation for the market’s long-term development.

NA delegates wary of transferring parts of North-South Expressway to public investment

Some National Assembly delegates yesterday expressed concerns over the Government's decision to transfer certain components of the North-South Expressway from the PPP model to public investment, Thanh Nien newspaper reported.

Facilitating further PPP engagement

The new draft Law on Public-Private Partnerships (PPP) is being discussed at the National Assembly, and set to be voted on June 18 which also specifies PPP-based investment in the country’s power grids and power plants.

PPP draft details key sector focus

Investors will be allowed to pour money into five groups of projects under the form of public-private partnerships in Vietnam as per a related law that offers an international-standard dispute resolution mechanism.

Gov’t proposes investment options to develop North-South Expressway

The Government has proposed to the National Assembly three options for transforming investment models at sub-projects of the Eastern North-South Expressway for consideration.

 

Full-scale audit compulsory to all PPP projects: NA deputies

A full-scale audit should become compulsory for work carried out under public-private partnerships to make sure they are efficient and benefit all stakeholders, lawmakers have told the National Assembly.

 

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.

Measures fit for real estate recovery

The ongoing coronavirus pandemic has upended economies worldwide, and Vietnam must take urgent measures to handle this period of instability.

Invigorating investors with PPP draft

The Ministry of Planning and Investment has released the latest draft Law on Public-Private Partnerships in a move to make a fresh shift towards a specific and consolidated framework for bankable projects.

Crunch time for expressway PPPs in Vietnam

The key Eastern Cluster of the North-South Expressway venture has run aground, prompting the Ministry of Transport to reconsider investment scenarios to improve the bankability of each component project

Bill clarifies legal authority for in-principle approval of PPP projects

Legal authority for approving in principle a Public-private Partnership (PPP) project would be given to the National Assembly or the Prime Minister, according to the bill on PPP investment being crafted by the Ministry of Investment and Planning.

Changing the PPP game

The long-awaited draft Law on Public-Private Partnerships is being completed with some issues of special attention among international and domestic private ventures being revised in order to increase bankability and to help reduce public debt.