They are essentially trying to get foreign governments to finance their big infrastructure projects, apparently. Un roi sans divertissement est un homme plein de misères
Vietnam Looks to Fund $56 Billion High-Speed System Between Hanoi and Ho Chi Minh City « The Transport Politic
Vietnam Railways Corp announced today that it will use Japanese Shinkansen technology for its planned high-speed rail line between the capital Hanoi and Ho Chi Minh City. The 1,000-mi railway will replace a train line originally built during French colonial control, covering most of the country's north-south length. Though the mammoth project has yet to be funded, Japanese train manufacturers took heart in the news as they begin their push into international markets such as the United States. ... The relatively poor Vietnamese government will not be able to finance the project itself and is looking to Japan, the World Bank, and the Asian Development Bank for funds. If enough cash is identified, the system would be up and operating by 2020, though that timeline seems optimistic and Japan itself has argued that Vietnam wait until the mid-2030s or later to begin services.
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The relatively poor Vietnamese government will not be able to finance the project itself and is looking to Japan, the World Bank, and the Asian Development Bank for funds. If enough cash is identified, the system would be up and operating by 2020, though that timeline seems optimistic and Japan itself has argued that Vietnam wait until the mid-2030s or later to begin services.