Authorities of several localities in the Mekong Delta have proposed three route options for building the 150-km long Can Tho – Ca Mau expressway.

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

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.

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,

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.

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

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.

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.

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

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

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

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

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

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

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

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

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.

 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, 

 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.