PPP

Update news PPP

Key highway project seeking new investors

VietNamNet Bridge – Developer Geleximco has been granted permanent leave from a build-transfer model highway linking Hanoi with localities in the northwest.

HCM City considers calling for “new styled” PPP investment

 VietNamNet Bridge – Calling for non-state investment sources to develop infrastructure projects is now the top priority for HCM City.

Biggest incentives for the first PPP project in Vietnam

 VietNamNet Bridge - Foreign investors are very interested in the Dau Giay - Phan Thiet highway projects, after a series of preferential policies are announced.

BUSINESS IN BRIEF 10/9

 VN textile, garment industry to join TPP; Banks ignore deposit interest cap in desperate liquidity bid; Vinh Long prepares to host Mekong forum; EVN tackles gas pipeline halt

BUSINESS IN BRIEF 9/9

 Viet Kieu set for tax hikes; Vietnam promotes semiconductor industry; Exports to Africa, South and West Asia reach US$6.5 billion; Foreign investment flow into real-estate projects

BUSINESS IN BRIEF 13/8

 Domestic powdered milk firms buoyant; Banks yet to give gold custody services; City builds special zone for Japan engineering SMEs; Bank restructuring takes center stage at M&A forum

BUSINESS IN BRIEF 11/8

 Five Vietnamese enterprises roll out co-branding card; Large investors favored on Phu Quoc; Footwear export orders up 10-15%; Vietnam, Japan cooperate in six key industries

Vietnam's economy ranks 42nd in the world

With GDP estimated from purchasing power parity calculations equivalent to $322 billion, Vietnam's economy ranks 6th in Southeast Asia, after Indonesia, Thailand, Malaysia, the Philippines and Singapore.

HCM City seeks $15b for road development

VietNamNet Bridge – HCM City plans to mobilise capital through BOT (Build-Operate-Transfer), BT (Build-Transfer) and PPP (Public-Private Partnership) investment forms to further develop its road infrastructure,

BUSINESS IN BRIEF 9/5

Steel imports top US$2 billion; Second commodity exchange opens; Import tax on used cars to increase; Power assured during dry season; Masan eyes 30-70% profit growth

Small airport projects to be delayed

 VietNamNet Bridge – A number of small airports may not get off the ground before 2020 as the Ministry of Transport is prioritizing development of highly-feasible airport projects.

Manufacturers to die gradually on the policy on motorbike restriction

Motorbike manufacturers have got numbed on the information that the government of Vietnam would restrict the number of motorbikes in circulation.

Gov’t pledges strong efforts for improving business environment

 VietNamNet Bridge – The Vietnamese Government will continue its effort to improve the country’s business environment in a bid to further raise the efficiency of foreign investment attraction and use.

Vietnamese IT firms still hesitant to pour money into PPP projects

Vietnamese enterprises do not lack money or technologies to implement PPP (private public partnership) projects. What they lack is the feeling of safety when they implement the projects.

Vietnamese IT firms keep indifferent to PPP scheme

Most Vietnamese IT firms say they would not be foolish enough to get involved in the projects under the mode of private public partnership (PPP) until the legal framework on PPP is set up.

BUSINESS IN BRIEF 7/12

Industry still leading tax contributor; Central growers fear damaging drought; Banks move on soft home loans; Fake goods pose economic and health risks; Rice output estimated at 43.7 mln tones in 2012; PPP likely brings in $80 billion in decade