Barron's: Foreign investors laud Vietnam's infrastructure development plan

A man rides a bicycle on an empty street amid lockdown restrictions due to a surge in Covid-19 coronavirus cases in Hanoi last week. - AFP

HANOI, May 16 (Bernama): The US-based newswire barrons.com has published an article analysing positive impacts on Vietnam’s financial market of an infrastructure development plan issued at the 13th National Congress of Communist Party of Vietnam, according to Vietnam News Agency.

The article said the leaders of the Communist Party of Vietnam (CPV) earmarking US$119 billion for infrastructure and committing to increasing the private sector’s contribution to the gross domestic product from 42 per cent to 55 per cent by 2025 have attracted foreign investors and resulted in upbeat signals in the financial market.