The MoIT also said that the development of nuclear power of any scale must align with the direction of the Party and the State, and all investments must comply with the Law on Atomic Energy.
The northern port city of Hai Phong presented investment certificates to 12 major foreign direct investment (FDI) projects worth US$1.8 billion at a ceremony on November 14.
HCM City authorities are seeking to engage with residents affected by key traffic projects, including the Ring Road 3 project, to expedite land handovers and site clearance.
In the draft amendment to the PPP Investment Law, the Ministry of Planning and Investment has proposed key policies aimed at fully resolving transitional BT projects from prior phases and strengthening the legal framework to revitalize the BT model.
VNDirect Securities Corporation has raised its forecast for Vietnam’s GDP growth this year to 6.9% from the previous projection of 6.7%, according to the group's latest report.
Matthew Powell, head of the Hanoi and Da Nang offices of Savills Vietnam, has noted that the capital city’s hotel market still holds significant short-term recovery potential.
According to the updated World Economic Outlook 2025 report by the International Monetary Fund (IMF), Vietnam's economy is projected to grow by 6.1% next year.
Nuclear energy produces nearly zero CO2 or other greenhouse gas emissions (roughly the same as hydro and wind power) and will be an important component in the power structure of many countries in the future.
HCM City is soliciting private investment for 23 projects in the sports and cultural sectors with a total estimated value of VNĐ23.6 trillion (US$948 million) under the public-private partnership (PPP) framework.
In Phước Dinh Commune, where the Ninh Thuận 1 Nuclear Power Plant was due to have been built, six projects are underway, constructed with State and local budgets of nearly VNĐ200 billion.
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the Japan Bank for International Cooperation (JBIC) have recently signed a credit agreement worth up to US$150 million to finance renewable energy and power transmission projects in Vietnam, contributing to the national goal of achieving net-zero emissions by 2050.
Prime Minister Pham Minh Chinh asked the Asian Infrastructure Investment Bank (AIIB) to continue supporting Vietnam in mobilising resources to implement large-scaled projects such as the Lao Cai - Hanoi - Hai Phong and Lang Son - Hanoi standard-gauge railway ones during a reception for AIIB President Jin Liqun in Vientiane on October 10.
Long An Province has implemented breakthrough programmes and key projects envisaged under a resolution adopted at the 11th province Party Congress, term 2020-25.
Deputy Prime Minister Tran Hong Ha encouraged Japan’s Sumitomo Corporation to deploy new investment projects in Vietnam, during his reception for Shingo Ueno, president and CEO of Japan’s Sumitomo Corporation, in Hanoi on October 8.
Prime Minister Pham Minh Chinh mandated concerted efforts to boost GDP growth to over 7.0 percent and simultaneously maintain macro-economic stability, inflation control and balanced budgets.
HCM City is calling for more investment in its healthcare sector to soon become a medical hub of ASEAN, officials said at a conference on Friday (October 4).
