In 2019, foreign direct investment attraction was a bright spot of Vietnam’s economic picture. It is expected to continue being one of the vital drivers of the country’s growth this year and beyond.

The transport sector could make a breakthrough in investment mobilisation for national key projects this year.

To lure more foreign investment in infrastructure, Vietnam needs to have a clear public-private partnership (PPP) framework.

The HCM City People’s Committee is calling for investment in the form of Public-Private Partnerships (PPP) to improve environmental conditions at three closed landfill sites.

US Development Finance Corporation is committed to investing in Vietnam, particularly in energy, healthcare and infrastructure development.

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

Problems in the parity-price principle have emerged in the latest decree on payment for build-transfer projects, with solutions to the matter remaining in wait.

There are three problems which may make foreign investors shrink when considering investment in transport infrastructure projects in Vietnam.

The National Assembly has officially voiced support for the revenue risk sharing mechanism in the long-awaited draft Law on Public-Private Partnerships, but worries persist over feasible conditions, state budget affordability, and project scale.

Long-standing concerns could be solved in the latest version of the draft Law on Public-Private Partnerships ahead of National ­Assembly discussions.

With Vietnam as a focus of President Moon Jae-in’s New Southern Policy, South Korea is supporting the country’s development of the legal framework on public-private partnership investment.

Vietnam is boosting attraction of investment through public-private partnerships. 

Vietnam has closed its doors to international investors joining the Eastern Cluster of the North-South Expressway initiative, catering to domestic groups only. 

The Vietnamese government is trying to lure investors to the country’s infrastructure development projects amid limited public funding and experts believe the investors will come if the government can create a sound legal and regulatory environment.

With the decision on canceling international bidding for the North-South expressway, the success or failure of the project now depends on the capability of domestic contractors and the credit to be provided.

The knowledge sharing and technical assistance project for agriculture was launched in the Mekong Delta province of Hau Giang on August 19 with the debut of a public-private partnership (PPP) group for the project.

While Japanese contractors are absent, many Chinese enterprises have registered to attend the bids for eight component projects of the north-south rail expressway project.

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. 

Hanoi authorities have halted two metro projects under the form of public-private partnership (PPP) to wait for new regulations following the government’s on-going revision of its investment mechanism.

HCM City has decided to convert a number of private transport infrastructure projects that were designated as BOT (build – operate – transfer) and BT (Built – Transfer) into public projects.