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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Transport ministry seeks private capital to enlarge Con Dao airport

Transport ministry seeks private capital to enlarge Con Dao airport

The Ministry of Transport is studying the feasibility of expanding the Con Dao airport in Ba Ria-Vung Tau province as a public-private partnership (PPP) or public investment project.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam needs $5 bln in private capital for airport infrastructure this decade

Vietnam needs $5 bln in private capital for airport infrastructure this decade

Vietnam needs to mobilize VND128,115 billion ($5.15 billion) from the private sector toward airport infrastructure in 2021-2030, the Ministry of Transport said Friday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dong Nai to invest $94 mln in building waste-to-power plant

Dong Nai to invest $94 mln in building waste-to-power plant

Dong Nai province, an industrial hub in southern Vietnam, has planned to invest VND2,286 billion ($94 million) in building a waste-to-power plant in public-private partnership (PPP) format next year.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Transport ministry proposes PPP projects to expand six airports

Transport ministry proposes PPP projects to expand six airports

The Ministry of Transport has proposed the government allows six airports in Son La, Nghe An, Quang Nam, Thanh Hoa, Lam Dong province and Can Tho city to be expanded per public-private partnership (PPP) format.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Three military airports may include civilian operations: Deputy PM

Three military airports may include civilian operations: Deputy PM

The government is considering turning three military airports in Ninh Thuan, Dong Nai and Hanoi into military-civil airports.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Son La suggests another airport as private-public partnership project

Son La suggests another airport as private-public partnership project

The Son La administration has proposed that another airport in the northern highlands province, serving both civil and military purposes, be included in the national airports development plan.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Transport ministry supports $185 mln Lai Chau airport investment

Transport ministry supports $185 mln Lai Chau airport investment

The Ministry of Transport said Thursday it supported Lao Chau province's proposal to build a VND4,350 billion ($185 million) new airport, for both civil and military purposes, in the northern mountainous province.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Gov’t converts southern PPP expressway project to public investment

Gov’t converts southern PPP expressway project to public investment

The government has converted Bien Hoa-Vung Tau Expressway phase 1 from a public-private partnership (PPP) project to a public investment for faster completion, set for 2025.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Infrastructure incentives, reforms to help Vietnam attract private capital: HSBC

Infrastructure incentives, reforms to help Vietnam attract private capital: HSBC

Developing transport infrastructure is again a priority in a post-pandemic Vietnam but more reforms are needed to incentivize private investments, HSBC said Wednesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Lai Chau province proposes airport investment

Lai Chau province proposes airport investment

Lai Chau People's Committee is proposing competent authorities allow the construction of a domestic airport in the northern mountainous province in the form of public-private partnership (PPP).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ninh Binh-Hai Phong expressway construction must begin this year: Deputy PM

Ninh Binh-Hai Phong expressway construction must begin this year: Deputy PM

Deputy Prime Minister Le Van Thanh said Tuesday that construction of the Ninh Binh-Hai Phong expressway should start this year.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Aviation authority proposes private investment for Chu Lai Airport

Aviation authority proposes private investment for Chu Lai Airport

Chu Lai Airport in the central province of Quang Nam might become the second airport in Vietnam to be privately invested, after Van Don Airport in Quang Ninh.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Companies upbeat over 'new normal' business climate: EuroCham chairman

Companies upbeat over 'new normal' business climate: EuroCham chairman

Foreign confidence in Vietnam's investment climate is showing an upward trend as business leaders predict an even more positive outlook, says Alain Cany, chairman of EuroCham Vietnam.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

$1.05 bln investment proposed for southern Vietnam expressway

$1.05 bln investment proposed for southern Vietnam expressway

The Ministry of Transport has proposed to build the Ho Chi Minh City-Thu Dau Mot-Chon Thanh expressway, which will run from HCMC to Binh Duong and Binh Phuoc provinces, in the form of public-private partnership (PPP).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

$362 mln investment proposed for southern Vietnam expressway

$362 mln investment proposed for southern Vietnam expressway

The Ministry of Transport has proposed to build the Dau Giay-Tan Phu expressway, part of a 200-kilometer expressway connecting Ho Chi Minh City to the Central Highlands, in the form of public-private partnership (PPP).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7