In Asia's infrastructure race, Vietnam is among the leaders

Vietnam's public and private sector infrastructure investment averaged 5.7 per cent of GDP in recent years

It may be one of the smallest economies in Asia, but Vietnam is spending billions to attract foreign investors. Vietnam’s public and private sector infrastructure investment averaged 5.7 per cent of gross domestic product in recent years, the highest in Southeast Asia and compares with 6.8 per cent in China, according to the Asian Development Bank (ADB). Indonesia and the Philippines spend less than 3 per cent, while Malaysia and Thailand spend even less at under 2 per cent. The ADB estimates that emerging economies in the region will need to invest as much as $26 trillion through 2030 to