Vietnam has taken 17 years to build 1,163 km (723 miles) of expressways, far short of the original goal to have 5,870 km built by 2020. - VnExpress International
Financial mechanisms further clarified for public-private partnership ventures 01:02 | 05/06/2021
Two legal instruments crucial for guiding the execution of public-private partnership projects in Vietnam came into force in March, bringing about new hopes for investors after years of waiting. Vo Phuong Thao, Le Thanh Hieu, and Le Net from LNT & Partners explore their features and influence on Vietnamâs growing and ambitious infrastructure development plan.
The country targets an additional 5,700km of highway this decade. Photo: Le Toan
The issuance of Decree No.35/2021/ND-CP providing detailed guidance on the Law on Public-Private Partnership Investment, and Decree No.28/2021/ND-CP providing guidance on financial control mechanisms of such projects, have marked an important milestone for potential businesses.