Public private partnership

Investment U.S. firms help HCMC resolve urban issues: AmCham The Saigon Times Daily Saturday,  Dec 14, 2019,17:06 (GMT+7) U.S. firms help HCMC resolve urban issues: AmChamThe Saigon Times Daily Le Thanh Liem, Vice Chairman of HCMC, speaks at a meeting with representatives of the American Chamber of Commerce in Vietnam on December 13 – PHOTO: VNA HCMC – The U.S. business community will help HCMC tackle pressing urban issues, especially transport infrastructure and waste treatment, to bolster the city’s economic growth, according to Amanda Rasmussen, chairwoman of the American Chamber of Commerce in Vietnam. Rasmussen was in talks with the city’s vice chairman, Le Thanh Liem, while meeting on December 13, reported the Vietnam News Agency. Cooperation between Vietnam and the United States has made significant progress since normalizing relations. Over the past 25 years, their leaders and people have … [Read more...] about U.S. firms help HCMC resolve urban issues: AmCham

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan (R) hosts Alex Mourmouras, Chief of the IMF’s Asia and Pacific Department (Photo: VNA)   HCM City (VNA) – Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan expressed his wish that the International Monetary Fund (IMF) will continue support for the city in addressing issues arising from the urban development. While receiving Alex Mourmouras, Chief of the IMF’s Asia and Pacific Department, on March 16, Nhan said HCM City is facing difficulties in preparing capital resources for urban infrastructure building. Defining the private sector’s engagement in transport infrastructure development as a need, the city wants to get IMF help in organising seminars and studies related to public-private partnership (PPP), he said. Sharing the plan to develop HCM City into a smart city and an economic-financial hub of the country and the region, he suggested the IFM provide … [Read more...] about HCM City hopes for IMF’s further support

The remainder of 2019 will be key for Vietnam to avail of longer-term investment possibilities, Photo: Le Toan Warrick Cleine, chairman and CEO of KPMG Vietnam, told VIR that they have seen tremendous ­confidence in Vietnam from large ­investors, especially from the likes of Japan, South Korea, and Singapore. The trend has expanded from the ­acquisition of 100 per cent or control of Vietnamese companies, such as the Sabeco deal from Thailand, to minority or strategic investments in large Vietnamese companies. These are often institutional investors, and their decisions reflect confidence in Vietnam’s overall macroeconomic and geopolitical state, and the management teams and business models of the specific companies. “Provided the global economy remains strong and Vietnam ­maintains its reform orientation, there is no reason investors will not continue to have the confidence to invest in Vietnam,” Cleine stressed. KPMG in particular expects to … [Read more...] about Investors step up M&A movements