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Hanoi proposes capital ‘lifeline’ for Ring Road 4
Investment

Hanoi proposes capital ‘lifeline’ for Ring Road 4

Hanoi has proposed setting aside nearly VND23 trillion ($993.74 million) from the city budget to build a section of Ring Road No. 4 passing through the capital with a length of 58.2 km. The Capital Region’s Ring Road No. 4 is 112.8 km long and passes through three cities and provinces - Hanoi, Hung Yen, and Bac Ninh.
Investment

HCMC - Can Tho railway being planned

Under a Decision signed by the Prime Minister on the “Railway network planning in the 2021-2030 period and vision to 2050”, a project building the Ho Chi Minh City - Can Tho railway, passing through six southern and Mekong Delta cities and provinces, is now being urgently planned. Estimated investment is $7 billion, with implementation prior to 2030. Two investors from the US and UK have expressed interest.
Investment

Thai Nguyen approves 3 urban projects

The Thai Nguyen Provincial People’s Committee has issued investment licenses to three urban projects in Thai Nguyen city and Song Cong city. With a total land area of nearly 300,000 sq m and capital of some VND780 billion ($33.63 million), the three projects will contribute to easing housing demand.
5M public investment disbursement up

5M public investment disbursement up

According to the Ministry of Finance (MoF), the disbursement of public investment this year as of the end of May stood at VND115.92 trillion ($5 billion), an increase of 22.12 per cent over the same period of 2021 and representing 22.37 per cent of the annual plan assigned by the Prime Minister. Five ministries and 17 localities posted a disbursement rate of over 30 per cent.
HCMC’s Ben Thanh - Tan Kien metro line to use Japanese loans and technology

HCMC’s Ben Thanh - Tan Kien metro line to use Japanese loans and technology

The Ben Thanh - Tan Kien metro line (No. 3A) has become one of eight in Ho Chi Minh City approved by the Prime Minister, to create a mass public transport network in Vietnam’s largest urban area. The 20-km line has total investment of nearly VND68 trillion ($2.9 billion) and will use Japanese loans and technology.
Construction of new Hai Phong bridge gets underway

Construction of new Hai Phong bridge gets underway

Northern Hai Phong city officially kicked off construction of the Ben Rung Bridge on May 13, spanning the Da Bach River and connecting the city’s Thuy Nguyen district with Quang Yen town in Quang Ninh province. Investment is from the State budget, totaling over VND1.94 trillion ($84.03 million).
Tan Cang Que Vo listed among national inland ports

Tan Cang Que Vo listed among national inland ports

The Ministry of Transport (MoT) has added Tan Cang Que Vo inland port in northern Bac Ninh province to the list of national inland ports. The port has a total area of 10 ha. Vietnam now has 10 inland ports, of which nine are located in northern cities and provinces.
Construction of road linking Thai Nguyen, Bac Giang and Vinh Phuc underway

Construction of road linking Thai Nguyen, Bac Giang and Vinh Phuc underway

Northern Thai Nguyen province held a breaking ground ceremony on May 12 for a road linking it with nearby Bac Giang and Vinh Phuc provinces. With total investment of nearly VND3.8 trillion ($164.19 million), the 42.5-km road will also connect with highways to Hanoi, helping to attract investment in Thai Nguyen and neighboring provinces and contributing to building Thai Nguyen into a center of the northern midland and mountainous economic region.
Investment form of three national highways in question

Investment form of three national highways in question

Three national highway projects, including the Chau Doc - Can Tho - Soc Trang Highway, the Khanh Hoa - Buon Ma Thuot Highway, and the Bien Hoa - Vung Tau Highway, with total investment of nearly VND85 trillion ($3.6 billion), are expected to be submitted to the National Assembly in May for review on public investment. There remain many doubts about the investment form of these projects.

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