Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Urban economy expected to account for 85% of national GDP by 2030
The Government targets to raise urban areas' GDP to 75 percent and 85 percent of the national's GDP by 2025 and 2030, respectively, according to its latest resolution.
 |
The Government also planned to raise the national urbanization rate to over 50 percent and the number of urban areas to 1,000-1,200 by the end of this decade.
By the end of 2020, Viet Nam had 862 urban areas, distributed evenly throughout the country. The rate of urbanisation has increased from 30.5 per cent in 2010 to nearly 40 per cent in 2020.
Urban space has been expanded. Technical infrastructure and socio-economic infrastructure have been invested in an increasingly synchronous and efficient direction. The quality of life of urban residents has been gradually improved.
However, the process of urbanisation as well as planning, construction, management and urban development still have shortcomings. The urbanisation rate is still lower than the target set out in the Socio-Economic Development Strategy in 2011-20 and far from the average rate of the region and the world.
Bài liên quan
Dành cho bạn
Đọc thêm
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
New regulations create more transparent corporate bond market
A new draft decree on corporate bonds seeks to enhance transparency, tighten accountability, and strengthen oversight to rebuild investor confidence, and support capital market development.
Visa launches contactless payment system across Hanoi metro network
A fully interoperable open-loop payment system has been launched across Hanoi's metro network, enabling Visa cardholders to tap and go on all metro lines in Vietnam.
Russia to build 2,400 MW nuclear plant in Vietnam under new deal
An intergovernmental agreement on cooperation to build the Ninh Thuan 1 Nuclear Power Plant in Vietnam has been signed during Prime Minister Pham Minh Chinh's official visit to Moscow.
