South Korea, China investors dominate bids for North-South Expressway

PPP projects in Vietnam carry many hidden risks and the government should protect investors, foreign business executives said at a forum Wednesday.

40 domestic and foreign investors have acquired bidding documents for sections of the trans-Vietnam North-South Expressway.

Bidding for eight PPP components of the North-South Expressway will be held in August, Minister of Transport Nguyen Van The says.

Hyundai Group is eyeing Vietnam’s transnational high-speed railway project, controversial for its feasibility and high costs.

Vietnam is soliciting domestic and foreign investment in eight components of the North-South Expressway as it seeks to improve infrastructure for its robust economy.

A proposed new law envisages offering sovereign guarantees to attract private investment in large transport infrastructure projects.

The realization of the country's ambitious infrastructure development plan depends on how it sorts out issues of profitability and funding.

Vietnam’s plans for building and expanding airports and seaports have attracted the interest of companies in the U.S. and Japan.

Improved PPP rules are expected to revitalize infrastructure investment in Vietnam, but legal entanglements continue to be a concern.

The agreement is expected to become a model for cooperation with other countries in the future.

The state budget will not be able to cover the country's transport needs.

Vietnam’s annual average labor productivity has increased since 1992, but it has proven difficult for the country to catch up with other countries in Asia.