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Deputy Prime Minister Vuong Dinh Hue called on bussineses from the Republic of Korea (RoK) to join infrastructure projects in Viet Nam as the Southeast Asian country needs around US$18-20 billion each year for infrastructure development.
The World Bank has approved a US$194.36 million credit to help four cities and towns in Vietnam to build critically-needed infrastructure and strengthen urban planning.
Japan will continue its strong support for Vietnam's sustainable development, focusing on constructing high-quality infrastructure, improving economic competitiveness and training human resources for the country, said Japanese Prime Minister Shinzo Abe.
The PM has approved a target program on investment in infrastructure of coastal economic zones, border economic zones, industrial parks, industrial clusters, high-tech parks and high-tech agriculture zones in the 2016-2020 phase.
PM Nguyen Xuan Phuc on February 28 chaired a meeting with relevant ministries, agencies and localities on the implementation of Resolution No. 13-NQ/TW on building a synchronous infrastructure system in order to basically turn Viet Nam into a modernity-oriented industrial country by 2020.
Deputy PM Vuong Dinh Hue has said that the Vietnamese Government encourages domestic and foreign firms to invest in the construction of airport infrastructure in Viet Nam
The Asian Development Bank's (ADB) has approved a US$150 million loan to help improve economic connectivity and raise living standards in four of Vietnam's northeastern provinces by enhancing basic infrastructure and services.
The Government will spend over VND30 trillion on tourism infrastructure development through 2020, according to the Government's latest target program on tourism infrastructure development for period 2016-2020.
Home to numerous historical and cultural relic sites and breathtaking landscapes plus developed infrastructure and convenient transport system, Ninh Binh is seen to have huge potentials of MICE tourism.
Ninh Binh's tourism has developed rapidly over the past few years but its potential has not been fully tapped to become a spearhead economic sector.That fact shows the need for the province to pay heed to developing a well-built tourism infrastructure in an effort to turn the hospitality industry into a main pillar of the local economy.
Viet Nam encourages the Republic of Korea's businesses to expand investment in infrastructure development, renewable energy, supporting industry and food processing.
