Corporate bond market key to financing Vietnam’s $245 bln infrastructure plan: VIS Rating
Private investment has become one of key growth drivers.
Private capital agency targets to facilitate $35 bln of investment for startups
The Vietnam Private Capital Agency (VPCA), launched on September 12, aimed at promoting best practices in venture capital and private equity.
Private investment needed for science and technology and innovation
At less than half a per cent of GDP, investment in science and technology in Vietnam is almost five times lower than the global average.
Measures needed to fund expressway construction to 2030
Capital demand for implementing expressway projects to 2030 totals up to VND900 trillion ($39.41 billion), of which the State budget can meet VND600 trillion ($26.25 billion), with the remaining VND300 trillion ($13.16 billion) to be mobilized from domestic and foreign investors. In order to attract private investment, Mr. Nguyen Xuan Cuong, Deputy Director-General of the Directorate for Roads of Vietnam, said that the profit margin of build-operate-transfer (BOT) projects should be increased to over 15 per cent and the rate of State capital contribution could be increased to 70 per cent.