Vietnam integra infrastructure

Should Vietnam rethink its infrastructure development strategy?

In summary, Vietnam must fundamentally rethink its development strategy in infrastructure in general and in the transport and electricity sectors in particular. The fact is that the very high level of investment in the past 12 years has not turned the country’s infrastructure assets into a source of competitive advantage.

Why is infrastructure important in Vietnam?

Infrastructure has also been an important component of Vietnam’s development strategy. Over the last twelve years, the government of Vietnam was able to sustain infrastructure investment at 10 percent of GDP (Figure 1). This remarkably high level of investment has resulted in a rapid expansion of infrastructure stocks and improved access.

How much infrastructure does Vietnam need?

With the continued influx of FDI, continuing rapid urbanization, and the government’s determination to implement Industry 4.0, the current infrastructure cannot keep up. The G20 Global Infrastructure Outlook forecasts that Vietnam needs, on average, US$25-30 billion annually for infrastructure to ensure economic growth.

Does Vietnam invest in infrastructure?

Infrastructure accounted for 53% of total Official Development Assistance (ODA) received between 2010-2017.Vietnam has heavily invested in transportation, particularly roads, airports, and seaports. Vietnam’s public and private investment in infrastructure reached 5.7% of GDP in recent […]

Should Vietnam invest 7 percent of GDP in infrastructure?

Development experience suggests that investing 7 percent of GDP in infrastructure is the right order of magnitude for high and sustained growth. Over the last twelve years, the government of Vietnam was able to sustain infrastructure investment at 10 percent of GDP.

How are large-scale infrastructure projects financed in Vietnam?

So far, large-scale infrastructure projects in Vietnam have typically been financed on a non or limited-recourse project finance basis.