Investment

Vietnam needs to focus on developing new industrial park models such as eco-industrial parks, industrial-urban-service zones, and hi-tech industrial zones.

Vietnam needs to find a new direction to encourage the building of green industrial parks and eco-industrial parks and diversify capital sources to invest in building industrial park infrastructure.

The government has recently approved expansion plans for industrial parks (IPs) around Vietnam. In order to welcome a new wave of foreign investment, however, IPs must adapt to new requirements.

The Mekong Delta’s Can Tho city has proposed the construction of the O Mon Bridge crossing the Hau River and connecting it with Dong Thap province. Construction is to take place during the 2023-2028 period, with total investment of VND7 trillion ($307.1 million) in the form of a public-private partnership (PPP).

A ceremony announcing a Prime Ministerial Decision approving a road network plan for the 2021-2030 period and vision to 2050 heard that the Ministry of Transport (MoT) will promote decentralization and investment decentralization for localities instead of waiting for the central budget.

Public investment is viewed as a key solution in dealing with the economic downturn, with the construction industry, the construction materials industry, and the real estate industry forecast to benefit the most.