There are three key strategies that can help Vietnam achieve its ambitious development targets in the coming years.

A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029.

Prior to the passage of the PPP law, Vietnamese authorities had been struggling to attract private capital to the country’s burgeoning infrastructure sector.

The move would help form a network of expressways connecting vital routes.

One of the key breakthroughs for Hanoi’s development is urban transportation, including ongoing urban railway projects, Hanoi’s mayor Chu Ngoc Anh has said.