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6.5 percent each year over the course of the next 10 years as the Government diversifies export markets and improves infrastructure, according to market researcher Fitch Solutions. Although its forecast is lower than the Government’s 6.5-7 percent growth target for the 2021-2025 period, Fitch said newly-signed free trade agreements will help the country expand market access while avoiding any overdependence on a single trade partner. Vietnam plans to prioritise the importation of machinery and high-tech equipment, it went on, adding that this requires an increase in skill levels, which may only improve slowly over the next decade. Regarding infrastructure development, Vietnam plans to complete the eastern ....
A map shows the current transport network in southern Việt Nam. Photo courtesy of Ministry of Transport HCM CITY A major roadway plan proposes an additional 1,000 kilometres of expressways to be built over the next 10 years in the southern region, including the Cửu Long (Mekong) Delta. The expressway projects, which are part of the national road network draft plan for the 2021-30 period with a vision to 2050, were discussed at a workshop held in Cần Thơ City in the delta recently. Under the draft plan, the south would have an additional 670km of expressways by 2025 and 300km by 2030. ....