Vietnam: Sectors in which projects encouraged by the State

16:14, 15/09/2018

On May 04, 2018, the Government of Vietnam issued the Decree No. 63/2018/NĐ-CP on the investment in the form of Public-Private Partnerships (PPP).

According to the Decree No. 63/2018/NĐ-CP of Vietnam’s Government, the state encourages PPP projects in following sectors:

- Transport;

- Power plants, transmission lines;

- Public lighting system; clean water supply system; water drainage system; sewage/waste collection and disposal system; parks; parking lots; storage yards; cemeteries;

- Head offices of regulatory bodies; state-owned housing for government employees; social housing; resettlement housing;

- Health; education and training, vocational training; culture; sports; tourism; science and technology, meteorology and hydrology; IT application;

- Infrastructure works for commerce, urban areas, economic zones, industrial parks, industrial complexes, concentrated IT parks; hi-technology zones; incubators, technical facilities, common working areas supporting for SMEs;

- Agriculture and rural development; services enhancing the correlation of agricultural production with farm product processing and sale;

- Other sectors decided by the Prime Minister.

Besides, the PPP projects are classified into national importance and the Group A, B and C projects according to given criteria prescribed in law on public investment.

View more details at Decree No. 63/2018/NĐ-CP of Vietnam’s Government, effective from June 19, 2018.

- Thanh Lam -

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