Vietnam's infrastructure growth rests on private sector

The industry ranks poorly out of 141 territories globally.

Vietnam’s infrastructure sector will need more private investments in order to catch up with its rapidly growing economy, rising income and urbanisation, according to a report by Moody's.

Moody’s VP and senior credit officer Mic Kang said that the importance of investment from private investors is highlighted by the sizeable infrastructure task required in Vietnam together with the country's nascent capital markets.

Based on the World Economic Forum's assessment, Vietnam's overall infrastructure competitiveness ranked in the mid to low-range out of 141 territories globally. This was attributed to its relatively weak quality of electricity supply, road connectivity and quality and efficiency of air and water transportation services.

The report also states that a key role will be played by state-owned companies as the off-takers and major developers of projects, whilst the government aims to increase public-private partnerships and foreign direct investment.

Nonetheless, Moody’s reports that Vietnam's government has been making progress in developing contractual legal frameworks for infrastructure, but improvement is still needed in terms of efficiency of regulatory approval processes, risk allocation and framework consistency.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia