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Vietnam drafting law to revitalize build-transfer investment projects
The Vietnamese government is considering reviving Build-Transfer (BT) projects as a means to attract investment and stimulate economic development.A draft law to amend and supplement four key pieces of legislation – the Planning Law, Investment Law, Law on Investment under the Public-Private Partnership (PPP) model, ...
Translated by Thanh Tam
Public-private partnership needed for sustainable rice farming
Attracting investment and public-private partnership (PPP) plays an important role in implementing the project of sustainable development of 1 million ha of low-emission high-quality rice production in the Mekong Delta to 2030, said insiders.The project will promote added value throughout the entire rice production chain, ...
Việt Nam builds public private collaboration to address plastic waste
A Memorandum of Understanding (MoU) to build public-private collaboration towards a circular economy in plastic waste management was signed in Hà Nội on Wednesday. (19/2) The agreement, the first of its kind in Việt Nam, was inked between the Ministry of Natural Resources and Environment, ...
Transport ministry cancelled international bidding for North-South Expressway, seeks bids from domestic investors
The transport ministry announced on Monday they would cancel open international bidding for eight projects of the North-South expressway, in favour of homegrown investors.The decision was made on the consensus reached after consulting relevant agencies, transport ministry said in an announcement sent to the media, adding ...
National conference on sustainable development held
The National Conference on Sustainable Development 2019 took place in Hanoi on September 12 under theme “For a Decade of More Sustainable Development”, gathering leaders of the Government, ministries, sectors, localities, associations, and businesses.Within the conference, participants discussed topics related to the development of circular ...
Seminar talks national action programme on plastics in Vietnam
The Ministry of Natural Resources and Environment’s Vietnam Environment Administration (VEA) and the World Economic Forum (WEF) held a meeting in Hanoi on July 17 to discuss the launch of a national action programme on plastics for Vietnam. The programme is based on the three pillars ...
Concerns raised over Vietnam’s largest infrastructure project
The tentative total investment for the North-South high-speed railway, according to the Ministry of Planning and Investment (MPI), is about US$26 billion – $32 billion less than the previous proposal by the Ministry of Transport (MoT). The project will be implemented under the Public-Private Partnership (PPP) ...
Stakeholders urged to consult arbitrators in PPP project disputes
Arbitrators need to step in and deal with disputes in public-private-partnership (PPP) projects so economic development will not be disrupted, experts have warned.Professor Pham Duy Nghia at Fullbright Vietnam University said attracting private investment was good for infrastructure development. According to Nghia, in order to ...
PPP investment model helps improve quality of healthcare service: experts
The public-private partnership (PPP) investment model is seen as an opportunity for hospitals to improve the quality of their service, thus attracting more patients, experts said on May 21. Speaking at a conference on PPP investment for the health sector held in Ho Chi Minh City ...
Prime Minister issues Directive on sustainable development
Prime Minister Nguyen Xuan Phuc signed Directive No. 13/CT-TTg on sustainable development on May 20, asserting that sustainable development is a consistent policy of the Party and State of Vietnam.The viewpoint on sustainable development has been mainstreamed in the 2011-2020 socio-economic development strategy and the ...