Vietnam Energy and Infrastructure
Further Legal Reforms
A Shift of Focus to Large Projects and Environment-Friendly Projects?
Infrastructure has been a central factor in Vietnam’s economic development. The Government aims to raise investment in transport infrastructure from US$7 billion to US$120 billion by 2020. ADB experts project that Vietnam will need to invest US$110 billion in infrastructure development between 2021 and 2025. Likewise, Vietnam will need another 5,000MW in power plant capacity by 2025, which will require about US$30-45 billion in investment. The Politburo in Resolution 50/NQ-TW dated 20 August 2019 (“Resolution […]