Upon completion, the route will facilitate a direct connection from Hanoi to Vientiane (Laos), while simultaneously linking with the Eastern North-South Expressway and the Ho Chi Minh Road.
According to the verification agency, all three amendments proposed by the Government are provisions that were recently revised in the 2024 Value Added Tax Law, which was passed at the 8th session and took effect on July 1, 2025.
The project is seen as a pivotal component in enhancing the economic development of the North Central region and strengthening trade between Vietnam, Laos, and the broader region.
The southern city requires resources of approximately VND1.8 quadrillion (over $68 billion) to achieve the goal of double-digit growth over the next five years, whereas current capabilities only meet about 30% of the capital demand.
The Ministry of Home Affairs is seeking opinions on a draft Decree guiding collection of public opinions on the establishment, dissolution, merger, division, adjustment of boundaries and renaming of administrative units...
In May 20 report, the Government prioritizes promoting growth associated with maintaining macroeconomic stability, controlling inflation, and ensuring major balances of the economy.