Infrastructure

According to Lambert, $22 billion over five years is a big number, but it’s not insurmountable. In fact, Việt Nam is in a better position than many. Whereas the Philippines, India, and other Asian countries have privately funded a large portion of their infrastructure, the private sector has historically only funded 10 per cent of Việt Nam’s. That means there is a lot of scope for Việt Nam – particularly given its compelling growth story – to attract more infrastructure investment. … [Read more...] about Việt Nam needs new approaches to fund development: ADB expert

Lambert said the final strategic priority is better mobilisation of domestic capital markets. The passage of the new Securities Law in November 2019 was a good step as are recent regulatory changes that encourage companies to turn to the bond market instead of banks to fund long-term obligations. — VNS … [Read more...] about Viet Nam needs new approaches to fund development: ADB expert

FDI in Vietnam expected to surge after the epidemic  As a major foreign investment hub, China is hit hard by the new strain of coronavirus, now known as Covid-19, but this also provides an opportunity for other countries to accelerate efforts to attract new foreign investment.   … [Read more...] about Foreign investors still eye Vietnam amid coronavirus outbreak

Among end-use applications, corporates/private organisations account for the majority in the Vietnamese cloud service market, owing to the low costs of cloud services as well as open and transparent costs policy, which attract corporates/private organisations. … [Read more...] about Vietnam cloud services market projected to reach $291 million by 2024