Prime Minister Pham Minh Chinh stressed the need to promote public investment as a catalyst for private investment, as well as to boost overall social and foreign investment.

Despite a tightening global investment environment, Vietnam disbursed 2.3 billion USD in venture capital and private equity across 141 deals in 2024.

Vietnam should promote institutional reforms, attract private investment, and diversify export markets to generate higher economic growth and navigate global headwinds to improve its credit rating, experts have said.

Vietnam is aiming for double-digit economic growth, making energy expansion essential. To achieve this, the country should create a transparent and investor-friendly environment to attract the private sector.

Masan Group Corporation on April 23 announced that it has completed the mobilisation of 250 billion USD from Bain Capital, a leading global private investment firm with assets worth 180 billion USD under management.

Experts gave forecasts on impacts of the global economy on Vietnam and exchanged views on how to manage the macro economy and the domestic gold market at a meeting of the National Financial and Monetary Policy Advisory Council on March 28.

Vietnam’s job market is poised to bounce back in 2024, driven by better purchasing power that is sparked by a recovery in private investment and wage reform, according to the Ministry of Labour, Invalids and Social Affairs.

All the three economic growth drivers of investment, export, and consumption have good opportunities in 2024, Deputy Minister of Planning and Investment Tran Quoc Phuong told the Government’s regular press conference on December 6.

The 19th Government-Private Sector Forum (G-PSF) opened at the Peace Palace in Phnom Penh under the chair of Prime Minister Samdech Thipadei Hun Manet.

The south central coastal province of Ninh Thuan has worked to turn itself among leading localities of Vietnam in renewable energy, with a total installed capacity of 3,475 MW as of late 2021.

Stronger engagement of ministries, sectors and localities and more comprehensive relevant policies are needed to bolster private investment in infrastructure and public services, said Tran Hao Hung, Director of the Ministry of Planning and Investment (MPI)’s Public Procurement Agency.

A workshop on enhancing the role of private investment in green growth for the 2021-2030 period was jointly held by the Central Institute for Economic Management (CIEM) and the German development cooperation agency (GIZ) on November 3.

Ho Chi Minh City wants to attract more private investment instead of relying on official development assistance (ODA) to build its remaining metro lines, but experts have said that it faces a difficult challenge.

Private investments in Vietnam have reached a new peak in contrast to the trend towards decline around the world and in the ASEAN region due to the impact of COVID-19.

Private investment is forecast to keep flowing into the healthcare sector in the time ahead with the appearance of many new drivers, according to the Dau tu (Vietnam Investment Review) newspaper.

As private investment can play a significant role in increasing local power supply, experts have worked to find better mechanisms and policies to solve problems that have discouraged investment in the sector.

The Mekong Delta province of An Giang has mobilised more than 806 billion VND (35 million USD) has been mobilised over the last few years to build 581 new rural bridges.

The Government is focusing on boosting the development of enterprises and encouraging private investment to accelerate post-pandemic economic growth.

The Fiscal Policy Office (FPO) of Thailand’s Finance Ministry cut its 2020 economic growth forecast to 2.8 percent from 3.3 percent projected earlier.

Thailand’s Government has approved incentives to spur private investment of 110 billion THB (about 3.56 billion USD) and add 0.25 percent to economic growth in 2020.