The Master Plan on the Development of the National Airport Network is to be submitted to the Appraisal Council for consideration and to the Prime Minister for approval in October.
Construction of the Tan Van - Nhon Trach section (component 1A) of Ring Road No. 3 in Ho Chi Minh City will begin on September 24, including two bidding packages for the road and Nhon Trach Bridge. The Tan Van - Nhon Trach section has a total length of 8.2 km, with 6.3 km in Dong Nai province and 1.9 km in Ho Chi Minh City. Only 2.8km has been built to date.
In order to begin construction of the Ring Road No. 4 - Capital Region project next June, Hanoi has set out 12 important tasks with detailed progress milestones, with investor selection to be conducted from December. The Ring Road No. 4 - Capital Region project stretches 112.8 km and has total investment of VND85.813 trillion ($3.6 billion), divided into seven component sub-projects. The preparation of investment and project implementation will begin shortly, with construction basically completed in 2026 and the route put into operation in 2027.
Addressing the Vietnam Socio-Economic Forum 2022, Mr. Nguyen Quoc Hiep, Chairman of the Vietnam Association of Construction Contractors, proposed several solutions to speed up the disbursement of public investment capital. He said the first bottleneck is that payment and settlement procedures and investment procedures remain cumbersome, and the assignment of responsibilities has not been clarified. The second is that many public construction unit prices are low, some at just one-third of actual implementation, so many contractors do not want to be involved.
Deputy Prime Minister Le Van Thanh chaired a meeting on September 12 with 15 cities and provinces that need to upgrade, expand, or build airports and are seeking investment in the form of public-private partnerships (PPPs). Investment in airport construction, he said, would promote socio-economic development in the locality and also the country. He asked that investors be quickly selected for the construction of Sa Pa Airport in northern Lao Cai province, others in central Quang Tri and northern Lai Chau provinces, and Phan Thiet Airport in south-central Binh Thuan province in late 2022 and early 2023.
Deputy Prime Minister Le Van Thanh has launched the “120 days and nights to implement the four expressway projects of Mai Son - National Highway No. 45, Cam Lo - La Son, Vinh Hao - Phan Thiet, and Phan Thiet - Dau Giay” emulation program. These four expressways, which are sub-component projects of the first phase of the North-South Expressway, are to be completed by the end of 2022. The impact of Covid-19, adverse weather, rising building material prices, and other issues have presented many problems hindering construction.
Under the Housing Development Program to 2030 and vision to 2050, central Quang Ngai province is expected to have 233 locations building commercial housing and urban areas in 13 districts, towns, and cities on a total area of 5,761 ha. Capital for housing construction will reach more than VND120 trillion ($5.1 billion).
Chairman of the Hanoi People’s Committee Tran Sy Thanh has signed Decision No. 3102/QD-UBND establishing a Steering Committee for investment in new constructions, renovations, embellishments, and upgrades of parks and flower gardens in Hanoi in the 2021-2025 period. The city will upgrade 45 parks and flower gardens. Vietnam’s capital has hundreds of parks and flower gardens that are places of entertainment and relaxation for residents and visitors.
After 15 consecutive price cuts, the construction steel price rose VND50-810 ($0.002-0.034) per kilo from August 31. The Tuyen Quang Iron and Steel Company (TQIS) posted the highest increase. According to Rong Viet Securities (VDSC), demand for construction steel will recover further and steel prices will increase in the future.
The 80-km Van Don - Mong Cai Highway, with investment of nearly VND13 trillion ($553.5 million), was officially put into operation on September 1 after more than two years of construction. This is the final section of the longest highway in Vietnam, stretching nearly 600 km and connecting Mong Cai with Lao Cai, passing through Van Don, Ha Long, Hai Phong, Hanoi, Vinh Phuc, Phu Tho, and Yen Bai in the country’s north.