Infrastructure
Transport and shipping
Infrastructure speed bump slows Vietnam
Country is growing fast on nearly all economic fronts, but overcrowded roads, ports and airports threaten to throttle the expansionKeep reading ...
PETER JANSSEN
70% of logistics service fees could fall into foreigners’ hands
As many as 3,000 Vietnamese logistics firms have to compete fiercely with 29 multinational companies to have the right to carry Vietnamese exports to the world market. According to the World Bank, the domestic logistics cost accounts for 22.59 percent of total logistics costs. Keep reading ...
Kim Chi
Logistics industry looks towards impending growth
Increasing competition among private and foreign enterprises shows the market’s attractiveness towards suppliers and the potential for development in the growing Vietnamese consumer market.Keep reading ...
VNS Reporter
FDI needed in infrastructure development
From a low starting point, Vietnam’s infrastructure system has been improved significantly. However, quality is still a persistent issue, causing a bottleneck limiting economic development, making it necessary to focus FDI capital in this sector.Keep reading ...
Nguyen Huong
Special economic zones need tens of billions of U.S. dollars to develop infrastructure
It requires tens of billion of U.S. dollars for the development of infrastructure in special economic zones of Van Don, North Van Phong and Phu Quoc in the coming years. Reports show that Phu Quoc special economic zone will need $40 billion by 2030 while ...
Tu Hoang
State turns inward for PPP plans
Despite growing interest among international groups, Vietnam might have to pivot to domestic investment in developing the eastern spur of the North-South Expressway project amid a lack of a guarantee mechanism for foreign investors.Keep reading ...
Bich Thuy
Demand for cars to boom in 2020: MoIT forecast
The average income per capita in Viet Nam will reach about US$3,000 in 2020 and the demand for cars will boom, according to the Ministry of Industry and Trade’s (MoIT) forecast presented on Thursday at a seminar in Ha Noi.At the seminar, in the presence of Government ...
VNA staff
North-South high-speed railway project requires $50bln investment
The construction of North-South high-speed railway project will require a total investment of $50 billion, Nguyen Nhat, deputy minister of Transport, said at a seminar on November 1, 2017. The ministry is working on a feasibility report on the project. Keep reading ...
Viet Hung