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Over the past few decades, investment in public infrastructure has played a pivotal role in propelling Vietnam's economic development. Recently, the Vietnamese government greenlit a plan to allocate between US$43-65 billion for the construction and enhancement of roadways, railways, inland waterways, seaports, and air transport infrastructure from 2021 to 2030[1]. With a steadfast commitment to enticing more private sector investments and alleviating the strain on national debt and fiscal policies, Vietnam enacted a new Public-Private Partnership (PPP) Law, effective from January 1, 2021. Complementing this legislation, the Government issued Decree No. 35/2021/ND-CP and Decree No. 28/2021/ND-CP to provide comprehensive guidance on its implementation. These documents, alongside others, establish a legal framework to encourage private sector investment in socio-economic infrastructure projects, particularly in transport, energy, urban infrastructure, wastewater, and solid waste treatment.

Despite notable progress, the practical implementation of PPPs faces challenges, including the limited capacity of state agency officials involved in PPP projects. To address this, the PPP Guide and the APMG PPP Certification Program (CP3P) have been instrumental in assisting PPP professionals in developing best practice skills and knowledge. This is crucial for delivering a pipeline of quality and sustainable projects in social and economic infrastructure. In an effort to fortify the capabilities of Vietnamese state agencies in structuring and implementing sustainable PPPs, the Asian Development Bank has facilitated the translation of APMG PPP Guide Chapter 1 and the Foundation exam into Vietnamese.

Maria Joao M. Pateguana, Head of the Private Sector Development Unit at Viet Nam Resident Mission, Asian Development Bank, emphasizes, “We are confident that the translation of the APMG program into Vietnamese and providing training to PPP practitioners will significantly contribute to capacity building, fostering successful preparation, and facilitating the effective management of PPP projects in Vietnam. This initiative aligns with ADB's commitment to supporting the development of PPPs in the country”.

[1] Vietnamnet. 2021. “Prime Minister approves VN road transport development plan to 2030.” Accessed in September, 2022.

Project Manager at APMG.