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Due to years of civil war Vietnam’s infrastructure is weak, but the country is making conscious efforts to modernize.
Most of the national infrastructure is a remnant of infrastructure laid during the French colonial rule.
Communications infrastructure is poor, but improving. There are now two national telecommunication satellites in orbit and submarine cable systems have been laid.
Cell Phone use is on the rise and fixed lines are on the decline.
Recently, the Vietnamese government signed a new deal to jointly open an artificial intelligence research and development center with Nvidia Corp.
Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
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Vietnam’s railway system was inherited from the French colonial period. The system suffered greatly during the wars and was subsequently repaired, but is still generally outdated and in poor condition.
In 2009 Japan agreed to lend technology and training so Vietnam could build a high-speed railway. This system is expected to be laid from 2015 to 2020.
Likewise, the road system is in poor condition throughout most of the country. While most roads are paved, the majority need renovation.
Some notable improvements have been made, though, including to Highway No. 1 between Hanoi and Ho Chi Minh City, a highway from Hanoi to the international airport, and a couple other highways leading from Hanoi to other nearby cities.
These roads are being continually improved and are in considerably better condition than other roadways in the country.
The majority of long-distance inter-country transportation for the public is currently provided by private bus companies.
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Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
We Value Your Privacy! We will not share your email address with anyone else, period.
Vietnam’s infrastructure is rated as weak relative to other countries in the region. The World Economic Forum (WEF) ranks it 77th among 141 countries for overall infrastructure quality, 66th for transport, and 87th for utility services.
Vietnam’s infrastructure sector was valued at $17.05 billion in 2023. It is expected to grow to $18.33 billion in 2024 and hit $26.11 billion by 2029.
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