Facing budget hurdle, Vietnam turns to private investors for transport projects
Vietnamese Prime Minister Nguyen Tan Dung has ordered the transport ministry to create more favorable policies to attract private investment into public infrastructure projects, saying the government’s financial resources are limited.
The state budget cannot be spent extravagantly, and sovereign bonds cannot be issued excessively or the government will risk the sustainability of public debt, Dung told a meeting on 4 January.
