Ownership, risk-sharing must be clarified in PPP law: experts Business

Ownership, risk-sharing must be clarified in PPP law: experts

Ownership rights and risk-sharing mechanisms must be clarified in public-private partnership (PPP) law to encourage the participation of private investors and ensure efficiency as well as transparency of PPP projects, according to Tran Chung, Chairman of the Vietnam Association of Road Traffic Investors.
Transport ministry to prioritise investment in expressway in 2020 Society

Transport ministry to prioritise investment in expressway in 2020

The Ministry of Transport will prioritise investment in building expressways in 2020 to improve connection between economic centres, regions, and industrial parks, as well as ensure traffic safety, Minister Nguyen Van The said in a recent interview granted to the Vietnam News Agency.
Vietnam’s road sector forecast to grow 7.2 pct in 2019 Business

Vietnam’s road sector forecast to grow 7.2 pct in 2019

The expansion of Vietnam’s road network would continue in the next decade in order to support growing freight transport volumes due a projected increase in economic activity, Fitch Group’s Fitch Solutions Macro Research forecast in a report released on May 14.
HCM City seeks to raise efficiency of PPP model Business

HCM City seeks to raise efficiency of PPP model

A perfect public-private partnership (PPP) model should harmonise the interests of State agencies, investors, beneficiaries and those affected by the project, an official of Ho Chi Minh City has said.