Accelerating Vietnam’s Infrastructure Development for Sustainable Growth

As one of the fastest growing economies in ASEAN, Vietnam has a seemingly endless wish list for infrastructure. Currently, just 20 per cent of the country’s national roads are paved, and a recently approved plan to build a 1,372km north-south highway by 2030 is estimated to cost $14bn. The rising population in major cities in recent years has strained and exceeded capacity of the existing connectivity networks and utilities systems. With 50% of Vietnam’s population expected to be living in cities, Hanoi and Ho Chi Minh are building rapid transit systems exceeding US$ 22 billion in the hope of reducing private vehicle ownership and improving air quality.

Various expressway projects are planned and underway to improve connectivity within major cities. Similarly, development and upgrading of urban utilities infrastructure are announced and there are 44 planed PPP projects with total investment value worth up to US$ 120 billion in the road and power sectors.

A further detail to the Vietnam’s infrastructure project given by the most recent Global Infrastructure Outlook showed that if Vietnam continues on this positive stride of investing, the country will meet 83% of its goals by 2040. Nevertheless, in order to get there, Vietnam will need an investment of $605 billion.

The Vietnam government is set to meet its ambitious goal through liberalising various industries and embracing PPP. The government has been making efforts to introduce private-sector participation in the roads and rail sectors, and actively attracting foreign direct investment to develop its infrastructure needs.

The hosting of the Infrastructure Vietnam 2019 (IVN2019) is to provide an interactive platform for potential investors and key players of the industry to gather in Vietnam and get updated on the new directions, investment policies and market potential of the construction and infrastructure sectors in Vietnam.

Infrastructure Vietnam 2019 Opening Ceremony | Facebook LIVE @ 9:00 a.m (GMT+7),25th July, Thursday

Thông điệp chào mừng từ   Bộ Công Thương Việt Nam	Welcome Message     Minister of Industry and Trade Vietnam

 Infrastructure Vietnam 2019 (IVN2019) Highlights

 Infrastructure Vietnam 2019 (IVN2019) Testimonial

1. Myanmar's New Port to Boost Economic Growth
   Myanmar's special economic zone has a major new shipping port, built with financial help and expertise from Japan. Officials from the 2 nations marked the completion of the port in Thilawa Special Economic Zone near Yangon...
2. Himalayan Nation Nepal Gets First Modern Train Tracks
   JANAKPUR, Nepal — The competition between two Asian giants, India and China, for influence over tiny Nepal is yielding a bonanza in the form of the Himalayan mountain nation’s first modern railway — and possibly...
3. Asean Cities to ‘Get Smart’
   BANGKOK (The Nation/ANN) – Thailand to lead smart-city project, with Bangkok, Phuket and Chon Buri featuring prominently in cross-border partnership. Thailand will play a leading role in implementing the smart-city network covering 26 cities in the...
4. Chinese Firm Finalises New Yangon City Proposal
   The government body in charge of developing an ambitious new Yangon city project has reached the final stage in negotiations with state-owned China Communications Construction Company (CCCC) in preparing pre-project documents (PPD). Launched by the regional...
5. After Lanka and Pak, China Now Inks Port Deal With Myanmar
   BEIJING: China has clinched a multi-billion-dollar deal to build a port at a strategic town along the coast of the Bay of Bengal in Myanmar, its third project in India’s neighbourhood after Sri Lanka and...
6. China and Japan Set to Reshape Shipping in Myanmar
   China and Japan are forging ahead with independent plans to improve Myanmar's transportation infrastructure, with projects that have the potential to alter the flow of people and goods in the region. Beijing on Thursday inked a...
7. Vietnamese Enterprise to Conduct $250m Infrastructure Projects in Indonesia
   Three infrastructure projects between a Vietnamese and an Indonesian enterprise with total investment to the tune of US$300 million have been signed in the presence of Vietnamese Prime Minister Nguyễn Xuân Phúc. According to the agreement,...
8. New Railway Set to Fuel Tibet’s Economy, Trade With India and Nepal: Experts
   The construction of the Sichuan-Tibet railway, dubbed the world's most challenging railway, will have a big influence in boosting Tibet's integration into South Asia and the China-proposed Belt and Road initiative (BRI), as well as...
9. Fixed Broadband Next Phase of Growth in Myanmar Telecomms: ZTE
   Yan Xiao, CEO of ZTE Myanmar, is convinced the next big area of growth in the Myanmar telecommunications sector lies in high-speed, fixed broadband internet. With competition in the mobile space getting more intense, now...
10. Telecommunications Sector a Bright Spot for Economy in 2018-19 - Myanmar
    Amid slowing demand in the economy, the Myanmar telecommunications sector is expected to be among the handful of sectors yielding opportunities for growth in the coming fiscal year. In the 2018-19 National Planning Bill signed by...