PM orders transport sector to boost infrastructure
The national transport sector has been told to seek ways of developing infrastructure to catch up with the growing travel demand of Vietnamese people, despite a severe shortage of capital. The order was issued by Prime Minister Nguyễn Xuân Phúc on March 16 when he chaired a meeting with the ministry’s representatives in an attempt to overcome a range of challenges faced by the sector. Ministry data shows that the transport sector is in need of nearly VNĐ953 trillion (US$41.8 billion) by 2020. However, the real capital that the ministry has been allocated so far is about VNĐ210 trillion ($9.2 billion).