The 2 billion AUD (1.4 billion USD) Australian Infrastructure Financing Facility for the Pacific (AIFFP) is negotiating with Timor Leste on the financing of a gas pipeline worth 500 million AUD (350 million USD) that will connect with a gas plant to be built on the coast of the south Southeast Asian country.
New highways in the Mekong Delta region have met transport demand, but have failed to meet the socio-economic potential of the area, experts have said.
The Thanh Hoa International Tourism Festival opened on September 14, drawing a large number of travel and aviation firms as well as representatives from diplomatic and tourism promotion agencies from many countries.
Permanent members of the Government looked into major transport projects during their meeting in Hanoi on September 12, which was chaired by Prime Minister Nguyen Xuan Phuc.
Vietnam’s fiscal deficit, including principal repayments, would come in at 6.6 percent of GDP this year and next year, up from 5.9 percent in 2018, Fitch Solutions Macro Research forecast.
The Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) wants to offload 35.3 million treasury shares for at least 32,650 VND (1.40 USD) per share.
A visiting delegation from Japan’s Hiroshima prefecture had a working session with Can Tho’s authorities in the Mekong Delta city on August 20 to look at possibilities of bilateral collaboration across fields.
The World Bank (WB) is optimistic about Laos’ economic growth, which is projected to rebound to 6.5 percent in 2019, higher than the figure of 6.3 percent recorded in 2018.
Ho Chi Minh City is making efforts to improve its logistic services to create a driving force for its economy as well as that of the southern key economic region.
Ho Chi Minh City is keen to bolster cooperation with Singapore in various fields, especially infrastructure and environment, Vice Chairman of the municipal People’s Committee Vo Van Hoan said on August 2.
The 12th Lower Mekong Initiative (LMI) Ministerial Meeting took place in Bangkok, Thailand, on August 1, on the sidelines of the 52nd ASEAN Foreign Ministers’ Meeting (AMM-52).
The Republic of Korea (RoK) has agreed to cooperate with Vietnam in sharing experience in mobilising private investments for infrastructure development.
Maxfield Brown, a representative of Dezan Shira & Associates, has said it is time for foreign investors to pour capital into infrastructure in Vietnam.
Prime Minister Nguyen Xuan Phuc on July 26 called for more efforts to develop Vietnam’s key economic regions as the growth of the regions has contributed importantly to the country’s success.
Foreign investors are getting access to various master plans and priority infrastructure projects and hearing directly from policymakers and authorities at the Infrastructure Vietnam Summit that opened on July 25 in Ho Chi Minh City.
Prime Minister Nguyen Xuan Phuc has urged localities and competent agencies to accelerate the implementation of transport infrastructure projects, saying they are important to the socio-economic development.
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