President Prabowo explained that the construction of a 535-kilometre-long giant sea wall is the government's solution to addressing the sea level rise of around 5 centimeters per year due to the impact of climate change.
The urban traffic route, designed with Transit Oriented Development (TOD) in mind, will be developed through a joint venture of key investors including Kita Group, Futa Group, China Design Group, CRRC Chongqing, Arup, A2Z and Kim Long Motors, with financial support from the two private banks – VPBank and TPBank.
Public-private partnerships are expected to create positive synergy, while also placing greater responsibility on private investors in managing and developing projects. This approach helps ensure the effective use of public funds to advance science and technology, foster innovation, and drive digital transformation.
The housing sector is currently the most attractive area, with many investors from countries such as the US, Turkey, Spain, and Brunei having committed capital to this sector.
The Gia Binh International Airport in Bac Ninh province will be upgraded from a level 3C airport serving national defence and security purposes to an international-level 4E dual-use (civil-military) facility.
Prime Minister Pham Minh Chinh affirmed that Vietnam always listens to and understands the opinions of businesses at a dialogue between leaders and the business community on Public-Private Partnership for innovation and sustainability held in Hanoi on April 17 within the framework of the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit.
Vietnamese Prime Minister Pham Minh Chinh received Sheikh Mansour bin Mohammed bin Buti Al Hamed, CEO of Mubadala Energy, in Abu Dhabi on October 29 as part of his official visit to the United Arab Emirates (UAE).
It is necessary to connect supply and demand for science and technology products and to find opportunities for cooperation between scientists and businesses operating in Vietnam's agriculture sector, a conference in Hanoi on July 10.
The Ministry of Agriculture and Rural Development and the United Nations Development Programme (UNDP) in Vietnam co-chaired a policy dialogue conference in Hanoi on July 8 to discuss enhancing international cooperation and multi-sectoral coordination in circular economy in agriculture.
Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
The People’s Committee of the southern province of Dong Nai has been entrusted with the authority to implement the Bien Hoa airport project under the public-private partnership (PPP) model.
Acuity Funding of Australia will provide finances for eight projects of the Nam Song Hau Trading Investing Petroleum Joint Stock Company (NSH Petro), based in the Mekong Delta province of Hau Giang.
Cambodia has reviewed the Comprehensive Intermodel Comprehensive Master Plan (CIT-MP) for the next decade, stressing that some 36.6 billion USD is needed for building prioritised infrastructure projects.
Public-private partnership has been defined as the ‘golden key’ for the tourism sector to recover and secure sustainable development after the COVID-19 pandemic.
Prime Minister Pham Minh Chinh has stressed the need for higher determination, stronger efforts and more effective actions from ministries, sectors, localities and organisations to promote the growth of cultural industries, increasing their contributions to the country’s GDP by 2030.
The Quang Tri People's Committee has recently issued a decision approving the selection of the investor for a Public-Private Partnership (PPP) airport construction project worth over 5.82 trillion VND (239.408 million USD).
Close connection, smooth coordination and comprehensive cooperation among ministries, sectors, localities, travel associations, and businesses are crucial to boost fast and sustainable tourism growth, stated Prime Minister Pham Minh Chinh while chairing a conference in Hanoi on November 15 on promoting tourism development.
The Vietnam Authority of Tourism (VNAT) and travel platform Traveloka on October 31 inked a memorandum of understanding to enhance their public-private partnership (PPP) in promoting the sustainable growth of the industry in Vietnam.
