New Year sees work begin on $589-mln expressway to China border gate

New Year sees work begin on $589-mln expressway to China border gate

Construction of the first phase of an expressway linking with a China-linked border gate kicked off Monday, the first day of 2024, under the public private partnership (PPP) format.

Infrastructure - Mon, January 1, 2024 | 6:47 pm

Korea environmental firm Techcross eyes wastewater treatment projects in Hanoi

Korea environmental firm Techcross eyes wastewater treatment projects in Hanoi

South Korea’s Techcross Water & Energy (TWE) is looking to build wastewater treatment projects in Hanoi and has urged Vietnam's capital city to recommend suitable projects for future cooperation.

Infrastructure - Thu, November 9, 2023 | 12:01 pm

Investors shy away from Vietnam's transport public-private partnerships

Investors shy away from Vietnam's transport public-private partnerships

Investors have shown little interest in entering public private partnerships (PPP) for transport infrastructure projects in Vietnam over concerns of high risks and low profitability, Minister of Transport Nguyen Van Thang has stated.

Infrastructure - Tue, November 7, 2023 | 10:58 am

Higher state capital ratio proposed for PPP road projects in Vietnam

Higher state capital ratio proposed for PPP road projects in Vietnam

A higher ratio of state capital in public private partnership (PPP) road projects and allowing localities to use their budgets for roads passing through other localities were among two special funding mechanisms proposed to the National Assembly on Friday.

Economy - Sat, October 28, 2023 | 7:00 am

Vietnam allows 5 provinces to plan PPP airport investments

Vietnam allows 5 provinces to plan PPP airport investments

The Ministry of Transport has given five provinces the go ahead to draft plans for investing in airports under the public-private partnership (PPP) format.

Infrastructure - Tue, October 10, 2023 | 3:23 pm

Construction of $3.7 bln Hanoi Ring Road 4 to begin on June 25

Construction of $3.7 bln Hanoi Ring Road 4 to begin on June 25

Construction of the VND85.81 trillion ($3.65 billion) Ring Road 4 around Hanoi is set to begin on June 25, with completion set for 2026 and a public opening in 2027, said Dinh Tien Dung, chief of Hanoi's Party Committee, on Tuesday.

Infrastructure - Wed, June 14, 2023 | 6:14 pm

Ninh Thuan province to transform military airbase into civil airport

Ninh Thuan province to transform military airbase into civil airport

Ninh Thuan authorities are seeking government permission to be the state agency in charge of the Thanh Son airport investment under the public-private partnership (PPP) format.

Infrastructure - Wed, June 14, 2023 | 3:51 pm

Transport ministry backs Mekong Delta province to build mega seaport

Transport ministry backs Mekong Delta province to build mega seaport

Vietnam’s Ministry of Transport has backed the Mekong Delta province of Soc Trang to look into the construction of a giant offshore seaport.

Infrastructure - Mon, June 12, 2023 | 4:47 pm

Public-private partnerships should drive Vietnam's growth

Public-private partnerships should drive Vietnam's growth

Public-private partnerships (PPPs) are going to be one of the effective cooperation models between the government and private investors in Vietnam’s infrastructure development as long as obstacles facing PPP projects are properly tackled.

Economy - Wed, May 10, 2023 | 12:20 pm

Gov’t approves PPP expressway project linking 2 northern Vietnam border gates

Gov’t approves PPP expressway project linking 2 northern Vietnam border gates

The Vietnamese government has approved the Dong Dang-Tra Linh Expressway project in public-private partnership (PPP) form, linking Tan Thanh and Tra Linh border gates, which border China’s Guangxi province.

Infrastructure - Tue, January 17, 2023 | 3:21 pm

Proposed HCMC-Can Tho railway may cost $9 bln

Proposed HCMC-Can Tho railway may cost $9 bln

The total cost to build a modern railway of more than 174 km linking Ho Chi Minh City with Can Tho City, the Mekong Delta’s hub, has been estimated at $9 billion, according to Vietnam’s Railway Project Management Board.

Infrastructure - Mon, January 9, 2023 | 10:25 am

Plans to restore Vietnam’s iconic cog railway for over $1.2 bln

Plans to restore Vietnam’s iconic cog railway for over $1.2 bln

A private Vietnamese company has proposed a public-private partnership (PPP) that would cost nearly VND29 trillion ($1.23 billion) to restore the Thap Cham-Dalat railroad, the only cog railway in Vietnam built before 1975.

Travel - Wed, January 4, 2023 | 4:31 pm

Techcombank, Vingroup struggle to fund $1.26 bln expressway project

Techcombank, Vingroup struggle to fund $1.26 bln expressway project

The 140-kilometer Gia Nghia-Chon Thanh Expressway that will connect Vietnam's Central Highlands to the southeastern region is facing financial hiccups as Vingroup and Techcombank have only been able to raise VND16 trillion ($677 million) out of the pledged $850 million.

Infrastructure - Thu, December 29, 2022 | 9:29 am

Central region’s logistics packs in investors

Central region’s logistics packs in investors

Investments into central Vietnam’s logistics sector have recently become more vigorous as the region is on the way to becoming the next area of development.

Industries - Fri, December 9, 2022 | 5:18 pm