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The report finds that while Vietnam has a basic legal framework for environmental protection, sustainability criteria are rarely integrated into infrastructure procurement, which remains driven by the lowest immediate cost. Environmental Impact Assessments (EIAs) are the primary tool, but their implementation is weak due to limited monitoring and low fines for non-compliance. Small and medium-sized enterprises (SMEs) lack the capacity and information to meet higher standards, though they are increasingly pressured by foreign markets and donors. The report recommends a phased roadmap for SPP, including the integration of sustainability standards into the pre-selection of developers, increased awareness campaigns, and the potential use of public-private partnerships (PPPs) to improve life-cycle cost efficiency.