Construction of Xuyen Tam Canal project worth 17,229 billion VND started; Opening direct shipping route to India

Ho Chi Minh City starts construction of Xuyen Tam canal project with total investment of 17,229 billion VND

On the morning of May 10, Ho Chi Minh City officially started the Xuyen Tam Canal environmental improvement project after many years of delay. The project has a total investment of VND 17,229 billion, using the city budget, invested by the Ho Chi Minh City Urban Infrastructure Construction Investment Project Management Board, implemented from 2023 to 2028.

Delegates perform the groundbreaking ceremony of the Xuyen Tam Canal Environmental Improvement Project - Photo: Le Minh

The project includes dredging and cleaning the canal; building a drainage system, roads, sidewalks, trees and auxiliary works. The main route is 6,628 m long and three branches Cau Son, Binh Loi, Binh Trieu are 2,237 m long, passing through Go Vap and Binh Thanh districts.

For many years, Xuyen Tam Canal has been a hot spot of pollution and severe flooding, greatly affecting the lives of residents on both banks. The project is expected to radically improve this situation, connecting traffic infrastructure and collecting wastewater to the city's centralized treatment plant.

A total of 2,215 households were affected by the land clearance, of which Binh Thanh District alone accounted for more than 2,000 cases. Immediately after the groundbreaking ceremony, contractors began construction. Representatives of the Infrastructure Board pledged to focus all resources to complete the project on schedule, ensuring environmental efficiency and improving the quality of life of the people.

Identifying the competent authority for Quy Nhon - Pleiku expressway with capital of 43,734 billion VND

The Quy Nhon - Pleiku Expressway project is about 125 km long, with a total estimated investment of VND43,734 billion, using the state budget. The route passes through Binh Dinh (40 km) and Gia Lai (85 km), starting at National Highway 19B (An Nhon, Binh Dinh), and ending at Ho Chi Minh Road (Pleiku City, Gia Lai).

Prime Minister Pham Minh Chinh has directed to split the project into two component projects. The locality where the route passes through will be the managing agency, in order to promote progress and submit specific policy mechanisms. The Ministry of Construction proposed to split as follows:

Component project 1 (90 km long, capital of 34,565 billion VND) is managed by the Ministry of Construction.

Component project 2 (35 km long, capital of VND 9,169 billion) is managed by Gia Lai Provincial People's Committee.

Estimated capital sources from central and local budgets and increased revenue - expenditure savings for the period 2021-2030.

It is expected that the National Assembly will approve the investment policy in June 2025, complete the feasibility study in the third quarter of 2025, start construction at the end of 2025 and put it into operation in 2029. In the future, when Binh Dinh and Gia Lai merge according to Resolution 60, the entire route will be located in one province.

Ho Chi Minh City reforms procedures to "attract" 7 billion USD of FDI capital

Ho Chi Minh City aims to attract 7 billion USD in FDI capital in 2025, based on improving the investment environment, reforming administrative procedures and promoting infrastructure. In the first quarter of 2025, the city attracted 567.2 million USD, an increase of 23.4% over the same period.

Currently, Ho Chi Minh City is promoting major projects such as Can Gio International Transit Port (over VND 113,000 billion), Lotte Eco Smart City and 84 projects calling for investment in the 2024-2025 period, with a total capital of over VND 296,000 billion. Priority areas include transportation, healthcare, education, logistics, high technology and TOD-oriented urban areas.

In particular, the City is committed to drastically reducing the time for processing investment dossiers: issuing new certificates from 15 to 7 days; adjusting content from 10 to 5 days; changing project names and investors from 3 to 1 day.

Ho Chi Minh City is also building software to manage land-use investments and proposing to amend the national investment information system to handle all procedures for foreign investors.

The city also focuses on removing obstacles for FDI projects that need to be extended or real estate projects that are legally “stuck”, in order to unblock capital sources and create momentum for sustainable development of the investment environment.

Hai Phong simultaneously started and inaugurated many key projects

On the afternoon of May 11, Hai Phong City simultaneously started construction, broke ground, and inaugurated a series of key projects on the occasion of the 70th anniversary of the city's Liberation.

The highlight was the groundbreaking ceremony of Trang Due 3 Industrial Park with a scale of 652.73 hectares and a total capital of over VND8,000 billion. This is a new base to welcome the wave of high-tech investment, expand industrial space and create jobs.

Signing ceremony of the memorandum of understanding on land lease between secondary investors and the investor of Trang Due 3 Industrial Park

At Cat Bi airport , the second phase of the apron expansion project (VND1,151 billion) has started, providing 11 more aircraft parking positions, helping to improve operating capacity and reduce overload.

Vingroup Corporation also started construction of Vinhomes Golden City, covering more than 240 hectares in Duong Kinh - Kien Thuy, aiming to develop it into a green, smart urban area, connecting trade in the Southeast region.

In Tien Lang district, Tien Cuong II Industrial Cluster with a scale of 50 hectares and capital of nearly 700 billion VND has been opened, currently attracting 8 investors with an occupancy rate of 52%, focusing on light, clean, non-polluting industry.

In addition, Hai Phong City inaugurated the Pegatron Workers Housing Area (VND 1,600 billion) in Dinh Vu - Cat Hai Economic Zone; and started construction of a 22.4-hectare social housing area in Hai An district, with 13 apartment buildings and 117 townhouses.

Finally, the groundbreaking ceremony of a 30-storey 5-star hotel in So Dau ward (Hong Bang district) contributed to upgrading the city's tourism and commercial infrastructure.

Favorable signal for expanding Yen Bai - Lao Cai expressway with capital of 7,668 billion VND

The project to expand the Noi Bai - Lao Cai expressway, Yen Bai - Lao Cai section (83 km long) to 4 lanes is making positive progress. The total estimated investment is 7,668 billion VND.

Deputy Prime Minister Tran Hong Ha has agreed to the investment policy and assigned the Ministry of Finance to coordinate with the Ministry of Construction and VEC to assess the project's feasibility, financial capacity and management of VEC. The report must be completed before May 15, 2025.

A section of Noi Bai - Lao Cai highway, Yen Bai - Lao Cai section.

Currently, the Noi Bai - Yen Bai section has reached the standard of 4 lanes, while the Yen Bai - Lao Cai section is still mainly 2 lanes, causing unsafety when traffic volume increases. VEC proposed to expand to synchronize the entire route, match the existing surface, and shorten the construction progress.

Regarding capital, VEC proposed to use 3,055 billion VND from the state budget (40%) and 4,613 billion VND mobilized by VEC (60%). The expected interest rate is 9%/year, the toll collection period to recover capital lasts about 20 years, until 2045.

The project is part of the road network planning until 2050, with the aim of developing the Noi Bai - Lao Cai route into a 6-lane highway.

Previously, the Ministry of Construction proposed to allocate increased central budget revenue in 2024 for the project. VEC was assigned to prepare an implementation plan to start construction in 2025, ensuring progress and disbursement capacity.

The Yen Bai - Lao Cai section used to be 121 km long, of which 40 km had been expanded. This project will complete the remaining section to exploit it effectively, improve safety and traffic capacity of the entire route.

Commencement of CT.08 Expressway with capital of 20,000 billion VND and Hung Phu Industrial Park: Opening up great investment opportunities for Thai Binh

On May 12, Prime Minister Pham Minh Chinh attended the groundbreaking ceremony of the CT.08 Expressway (Ninh Binh – Hai Phong) through Thai Binh, Nam Dinh and Hung Phu Industrial Park. These are two major projects that open up new development space for Thai Binh and the Northern Coastal region.

The CT.08 expressway is 60.9 km long (of which Thai Binh is 33.3 km, Nam Dinh is 27.6 km), with a total investment of nearly 20,000 billion VND, invested in the form of PPP. The 4-lane route, with a design speed of 120 km/h, connects the provinces in the delta with Hai Phong seaport, creating momentum for industrial and service development and reducing logistics costs.

Prime Minister Pham Minh Chinh speaks at the groundbreaking ceremony of the CT.08 expressway project.

Hung Phu Industrial Park has an area of ​​over 200 hectares, with a total investment of nearly 2,000 billion VND, and is located in Thai Binh Economic Zone. The project has a strategic location, connecting the economic triangle of Hanoi - Hai Phong - Quang Ninh. This is the fastest cleared industrial park in the province, expected to attract investment, increase budget revenue and create thousands of jobs.

The Prime Minister emphasized that the CT.08 expressway is a breakthrough in infrastructure, regional connectivity and promoting economic restructuring. He requested Thai Binh, the investor and ministries to speed up procedures, ensure quality and progress of construction, especially to complete 6 months ahead of schedule in 2026.

The leaders of Thai Binh province pledged to concretize the Prime Minister's direction, remove obstacles, support investors and mobilize all resources to successfully implement these key projects.

Proposal to approve investment project with capital of 1.533 billion USD in Khoai Chau, Hung Yen

The Ministry of Finance has just proposed the Government to approve the investment policy of the Khoai Chau Golf Course, Ecotourism and Urban Complex Project in Hung Yen, with a total capital of about VND39,787 billion (equivalent to USD1.533 billion). The project was proposed by Hung Yen Investment and Development Group Joint Stock Company, implemented in 7 communes of Khoai Chau district, with an area of ​​nearly 990 hectares, divided into the area inside the dike (210 hectares) and outside the dike (780 hectares).

Perspective of Khoai Chau Urban Complex and Ecological Area project.

The project consists of 4 sub-areas: ecological residential area associated with golf course (387 ha), ecological area - golf course (220 ha), commercial - service urban area (181 ha, expected population 29,700 people), and thematic park green area (99 ha). The golf course alone consists of 54 holes, with an area of ​​241 ha.

The project progress lasts from the second quarter of 2025 to the second quarter of 2029, with an operating period of 50 years. The Ministry of Finance proposed allowing the People's Committee of Hung Yen province to select investors in special cases, and at the same time requested the locality to complete adjustments to the housing development program, planning and land use plan.

The project is expected to promote the potential of the area, create a boost to attract tourists, improve land use efficiency, contribute to local socio-economic development and effectively exploit the Red River tourist route connecting Hung Yen with Hanoi and the northern provinces.

Bac Ninh attracts more than 856 million USD in investment capital

On May 12, Bac Ninh province held a conference to meet private enterprises in the field of science and technology, with the participation of Deputy Prime Minister Nguyen Chi Dung. At the event, the province granted investment certificates to 7 enterprises, attracting more than 856 million USD in additional investment capital, including granting new certificates to 5 enterprises and increasing capital for 2 existing projects.

Deputy Prime Minister Nguyen Chi Dung gave a speech at the Conference.

The Deputy Prime Minister emphasized that Bac Ninh needs to strongly promote innovation, digital transformation and linkage with FDI enterprises, thereby participating more deeply in the global value chain. He also suggested that the locality coordinate with Bac Giang to orient its development to become an economic growth pole in the Northern region.

By the end of the first 4 months of 2025, Bac Ninh had attracted more than 2.4 billion USD in investment capital, of which FDI capital reached nearly 1.93 billion USD and domestic investment capital was about 470 million USD.

Provincial Party Secretary Nguyen Anh Tuan assessed these results as an important foundation to help Bac Ninh develop sustainably, especially in the context that the province is encouraging private enterprises to invest heavily in research and development, and application of high technologies such as AI, automation, and biology.

Chairman of the Provincial People's Committee Vuong Quoc Tuan affirmed that private enterprises, especially in the field of science and technology, will be the main force in creating new values. With 24,877 operating enterprises, Bac Ninh is gradually affirming its position as the industrial and technological center of the region and the whole country.

EVNNPT is the investor of the 220 kV Tan Son Nhat - Thuan An transmission line project.

According to Decision No. 888/QD-TTg, the Prime Minister approved the investment policy and assigned the National Power Transmission Corporation (EVNNPT) as the investor of the Tan Son Nhat - Thuan An 220 kV transmission line project.

The project aims to strengthen the grid connection between Ho Chi Minh City and Binh Duong, ensuring safe and continuous power supply for the area, especially the Tan Son Nhat 220 kV station - which supplies power to the airport. At the same time, it reduces the load on existing 220 kV lines and improves the stability of the national power system.

Layout of the 220 kV Tan Son Nhat - Thuan An transmission line.

The project includes a 7.8 km underground cable section and a 5.4 km overhead line, located in Ho Chi Minh City and Binh Duong province, and is expected to be completed in 2025.

At the 220 kV Tan Son Nhat transformer station (new construction), 2 connecting bays will be built with the 220 kV Thuan An transformer station (existing), synchronizing the control, protection, information and SCADA systems.

Central ministries and branches such as Finance, Industry and Trade, Construction, and Natural Resources and Environment are assigned the responsibility of coordinating management, guiding EVNNPT to complete documents, select technology, assess environmental impacts and ensure effective investment in accordance with regulations.

The People's Committees of Ho Chi Minh City and Binh Duong will update the project into the planning, carry out procedures for land allocation, change of land use purpose, ensure progress of compensation, support and resettlement.

EVNNPT is responsible for mobilizing sufficient capital, implementing the project on schedule, preserving state capital and closely coordinating with localities throughout the entire implementation process.

Ministry of Construction assigns focal point to prepare investment in 5 national railway projects

The Minister of Construction has just assigned the task of preparing a pre-feasibility study report for 6 key national railway lines, concretizing the Action Program to implement Conclusion 49-KL/TW of the Politburo.

Assigned units include:

• Project Management Board 2: Hanoi - Dong Dang route
• Thang Long Project Management Board: Hai Phong – Ha Long – Mong Cai route
• Project Management Board 85: Vung Ang – Mu Gia route
• My Thuan Project Management Board: Ho Chi Minh City - Can Tho route
• Project Management Board 6: Bien Hoa - Vung Tau route
• Ho Chi Minh Road Project Management Board: Eastern beltway of Hanoi

Of which, 4 routes that were once assigned by the Ministry of Transport to the Railway Project Management Board to implement are now being transferred to ensure progress.

The projects will use investment preparation capital for the 2025–2027 period. The Ministry of Construction requires the Management Boards to be responsible for quality, progress and costs, proactively receive previous research results, and avoid duplication and waste.

Some major projects are preparing pre-feasibility reports such as:

• Ho Chi Minh City – Can Tho : 175.2 km long, capital 219,829 billion VND
• Bien Hoa – Vung Tau : 132 km long, capital 143,371 billion VND
• Vung Ang – Mu Gia : 103 km long, capital 27,485 billion VND

The projects are expected to create breakthroughs in regional connectivity, promote economic development and complete the national railway network.

Closing of the Day River Bridge connecting Ninh Binh and Nam Dinh

On May 13, Ninh Binh province held a ceremony to close the Day River overpass, part of the coastal road project phase I. The project has a total investment of more than 682 billion VND from the central and local budgets, contributing to connecting Ninh Binh - Nam Dinh traffic, promoting regional connectivity and developing the marine economy.

Delegates performed the closing ceremony of the Day River bridge connecting Ninh Binh and Nam Dinh.

The bridge is 1.2 km long, 12 m wide, has 22 spans, and uses modern balanced cantilever beam technology. The bridge foundation uses bored piles over 100 m long. The 3.25 km long approach road is designed according to level III plain standards, with a speed of 80 km/h.

The project is currently about 85% complete. After the closing ceremony, construction units will focus on completing the bridge deck, railings, drainage system and remaining road sections. The goal is to complete the project before September 2, 2025 - the 80th anniversary of the August Revolution and National Day.

The Day River Overpass, when completed, will effectively connect with Nam Dinh and Thanh Hoa, forming an inter-regional coastal traffic axis, contributing to expanding the space for economic development, trade, logistics and tourism. This is also an important defense line against climate change, contributing to strengthening national defense and security in the North Central Coast region.

Ensuring conditions for starting construction of Lao Cai - Hanoi - Hai Phong railway

On May 13, the Government issued Resolution 127/NQ-CP to implement Resolution 187/2025/QH15 of the National Assembly on the investment policy for the Lao Cai - Hanoi - Hai Phong railway line.

The project is large-scale, applies modern technology, is the first electrified railway line in Vietnam, and applies many special mechanisms similar to the North-South high-speed railway line.

General map of Lao Cai - Hanoi - Hai Phong railway route.

The Government assigned the Ministry of Construction as the governing body, coordinating with ministries, branches and localities to develop, submit and implement the project. The Ministry of Construction is authorized to exercise many powers of the investment decision maker such as assigning investors, approving design documents and contractor selection plans.

Localities will take the lead in land acquisition, compensation, resettlement and proactively allocate local budget capital for implementation.

Implementation roadmap: Complete bidding procedures, survey, and technical design from May to June 2025. Complete the feasibility study report in July to August 2025. Expected to start construction in December 2025. Complete the entire project by 2030 at the latest.

The Government also requires the implementation of urban development according to the TOD model around stations, in which provinces review planning, exploit land funds, and auction surrounding areas to develop urban areas connected with transport infrastructure.

Binh Dinh plans 5,200-hectare urban, resort, and super yacht marina area

The People's Committee of Binh Dinh province has just approved the task of 1/2,000 scale zoning plan for urban development, resort, trade, tourism and De Gi super yacht marina with a scale of about 5,200 hectares, spanning Phu My and Phu Cat districts.

The planning area borders the East Sea, Phu My Port, and neighboring communes and towns. The estimated cost of planning is more than 660 million VND from the provincial budget, with an implementation period of 2 months. This is one of 22 land plots approved by the Provincial People's Council for bidding to select investors in 2025-2026.

The area is planned as a space for urban development, resorts, trade services, tourism and De Gi Super Yacht Wharf. Photo: Dung Nhan.

The Department of Finance was assigned to organize the bidding, the Department of Agriculture and Environment prepared a plan to relocate De Gi Fishing Port, and the Department of Culture, Sports and Tourism developed a plan to organize the 2025 Yacht Festival. The People's Committees of related districts must adjust regional and urban planning in accordance with the new planning.

Lac Viet Palmer Johnson Super Yacht and Marine Urban Joint Stock Company has proposed a $4.6 billion project in the De Gi – Vung Boi area, with a 70-year operating period. The project targets the global super-rich, hoping to turn Binh Dinh into an international-class tourism and financial center. The investor commits to contribute 30% of the capital, 50% of the bank loan capital and calls for the remaining capital from strategic partners.

Russian corporation Rosatom proposes VVER-1200 nuclear reactor for Vietnam

The Vietnamese Ministry of Science and Technology and Rosatom Corporation (Russia) have just signed a cooperation agreement on the use of atomic energy for peaceful purposes. Rosatom proposed the VVER-1200 reactor – a modern technology with a capacity of 1,200 MW – for a large-scale nuclear power plant project in Vietnam.

The VVER-1200 is a pressurized water reactor (PWR), which meets IAEA safety standards after the Fukushima disaster and is operating in Russia, China, Bangladesh and Belarus.

A Rosatom nuclear power plant in Russia.

The cooperation roadmap between the two sides includes: building a Nuclear Science and Technology Center in Vietnam; providing fuel for the reactor in Da Lat; training human resources and participating in the international research consortium MBIR.

Rosatom has surveyed a potential site in Dong Nai to build a modern research reactor. Meanwhile, Rosatom's General Director affirmed that technical and financial negotiations are still underway and this is just the beginning.

In the Vietnam-Russia Joint Statement, the two countries affirmed the importance of nuclear cooperation, emphasizing the acceleration of the Nuclear Science Center project and human resource training. At the same time, the two sides also aimed to cooperate in renewable, clean and safe energy.

In January 2025, Rosatom and EVN signed a memorandum of cooperation in the field of nuclear energy.

VinSpeed ​​Company registered to invest in the North-South high-speed railway project

On May 14, 2025, VinSpeed ​​High-Speed ​​Railway Investment and Development Joint Stock Company officially registered to invest in the North-South high-speed railway project with a total capital of about VND 1,562 trillion (USD 61.35 billion), excluding site clearance costs.

VinSpeed ​​commits to arranging 20% ​​of the capital (12.27 billion USD), the rest is proposed to borrow interest-free State capital for 35 years. This plan helps reduce budget pressure compared to the plan approved by the National Assembly in Resolution 172/2024/QH15.

Illustration of high-speed rail projects around the world.

The project aims to start construction before December 2025 and complete the entire line by the end of 2030. VinSpeed ​​is negotiating with technology partners from China, Germany and Japan to transfer technology, produce locomotives, carriages, and signaling systems in Vietnam, and train domestic human resources.

The company also proposed to cooperate with Vingroup and Vinhomes to develop urban areas around stations according to the TOD model, in order to create revenue to offset costs, improve infrastructure and promote the local economy.

Deputy General Director Dao Thuy Van emphasized that this is a historic step for a Vietnamese private enterprise, demonstrating its desire to contribute and proactively develop the national high-speed rail industry. VinSpeed ​​currently has a charter capital of VND6,000 billion and is a member of the ecosystem founded by billionaire Pham Nhat Vuong.

More than 61,000 billion VND invested in Soc Trang seaport system

On May 13, the Ministry of Construction approved the Detailed Plan for Soc Trang seaport development to 2030, with a vision to 2050. Accordingly, the total investment capital for the seaport system to 2030 is expected to be about VND 61,513 billion, including VND 19,607 billion for public maritime infrastructure and VND 41,906 billion for service ports.

Soc Trang seaport includes Ke Sach, Dai Ngai, Tran De wharf areas along with buoys, anchorage, transshipment, and storm shelter areas. Of which, Tran De port plays the role of gateway to the Mekong Delta, receiving container ships up to 100,000 tons and bulk cargo ships up to 160,000 tons.

Tran De seaport plays the role of a gateway port for the Mekong Delta region, promoting socio-economic development for the entire region.

Total cargo through the port system by 2030 is expected to be 30.7–41.2 million tons, with 522,000–566,000 passengers. The infrastructure includes 16–18 wharves 2,693–3,493 m long. By 2050, cargo will grow at an average of 5.5–6.1% per year.

Priority projects include: Tran De offshore terminal, terminal serving Long Phu 1 Thermal Power Plant, Cai Con general port, My Hung petroleum port. Supporting infrastructure includes shipping channels, breakwaters, VTS systems, coastal communication stations, etc.

The land use area is about 1,331 hectares and the water area is about 148,486 hectares, to meet the needs of industrial and logistics development and enhance regional connectivity in the long term.

The Government submitted to the National Assembly for approval the Quy Nhon - Pleiku Expressway Project with a capital of 43,734 billion VND.

The Government has just submitted to the National Assembly for approval the investment policy for the Quy Nhon - Pleiku expressway project, approximately 125 km long, with a scale of 4 lanes, a design speed of 100 km/h, and a total investment of 43,734 billion VND from the state budget.

The project is divided into 2 sections: the section through Binh Dinh (40 km, 18,054 billion VND) and Gia Lai (85 km, 25,680 billion VND), expected to be implemented from 2025 to 2029. The route starts at National Highway 19B (Binh Dinh) and ends at Ho Chi Minh Road (Pleiku, Gia Lai).

The expressway will relieve pressure on the existing National Highway 19, which can only handle about 12,800 vehicles per day and night, while demand could reach 23,000 vehicles per day and night by 2030. The new route will help shorten transportation time, ensure safety and promote connectivity between the Central Highlands and the South Central Coast, Cambodia and Laos.

The project proposes to convert 257 hectares of forest and affect about 491 households. The Government proposes to apply 9 specific policy mechanisms approved by the National Assembly to other expressway and railway projects to speed up the progress and effectiveness of implementation.

Submit to the National Assembly to increase investment capital for Bien Hoa - Vung Tau expressway to 21,551 billion VND

The Government has just submitted to the National Assembly for approval an adjustment to the investment policy for the Bien Hoa - Vung Tau Expressway Project (Phase 1), increasing the total investment from VND17,837 billion to VND21,551 billion, an increase of VND3,714 billion. The project is 53.7 km long, with a scale of 4-6 lanes, and is divided into 3 component projects.

The main reason for the capital increase is due to the increase in compensation, support and resettlement costs of VND3,227 billion, and the increase in construction investment costs of VND487 billion due to fluctuations in material and labor prices and updating of detailed designs to suit actual conditions. Some new items have been added such as the vehicle load inspection station and the intersection with DT.991.

Construction of Bien Hoa - Vung Tau Expressway. (Photo: Ba Ria - Vung Tau Newspaper).

Investment capital sources include: the budget for the 2021-2025 period is 17,124 billion VND (an increase of 2,854 billion VND), of which the central budget accounts for 12,144 billion VND, the local budget is 4,980 billion VND; the 2026-2030 period is 4,427 billion VND (an increase of 860 billion VND).

The project is expected to be basically completed in 2025 and put into synchronous operation in 2026. The capital increase requires submitting to the National Assembly an adjustment of the investment policy according to the Law on Public Investment.

Quang Tri reviews progress of key and dynamic projects

On the afternoon of May 14, Secretary of the Quang Tri Provincial Party Committee Nguyen Long Hai chaired a meeting of the Steering Committee for Provincial Dynamic Projects to review the progress of implementing key plans, projects and schemes in the area.

The Provincial People's Committee reported on two important groups of programs. The first group includes 13 large-scale strategic infrastructure projects being implemented such as: Quang Tri Airport, Quang Tri Industrial Park, My Thuy Port, Hai Lang LNG Project Phase 1, the coastal route connecting the East-West Economic Corridor... The second group includes 7 potential projects proposed by strategic investors such as: Quang Tri Thermal Power Plant, Cam Lo - Lao Bao Expressway, Quang Tri Silica Complex, resort urban area, Cam Lo Golf Course...

Quang Tri Airport Project is one of the driving forces of Quang Tri province today.

Some projects are behind schedule due to problems with site clearance and lack of construction materials. The Provincial Party Secretary requested departments, branches and localities to speed up direction and remove obstacles, especially in terms of site clearance and public investment capital. The goal is to complete the projects on schedule, achieve 8% growth in 2025 and create a boost for socio-economic development in the province.

New developments related to VinSpeed's proposal to build a high-speed railway across Vietnam

Deputy Prime Minister Tran Hong Ha has just concluded at a meeting on VinSpeed ​​Company's proposal to invest in the North-South high-speed railway, affirming his support for the participation of the private sector in the spirit of Resolution 68-NQ/TW.

Accordingly, VinSpeed ​​was assigned to coordinate with the Ministry of Construction and the Ministry of Finance to complete the investment plan and draw up a comparison between the two forms: public and private investment. The Ministry of Construction is in charge of synthesizing the opinions of relevant ministries and submitting them to the Government and the National Assembly at the 9th session.

Illustration photo.

The Ministry of Finance will carefully evaluate the feasibility of the 35-year interest-free state loan plan, with a 99-year term of operation and other incentives. The State Bank is assigned to review the policy on outstanding loans not included in the total outstanding debt of Vingroup Corporation.

VinSpeed ​​commits to completing the dossier before December 2025, proposing a project worth VND1,562 trillion (over USD61 billion), of which 20% of the capital will be self-mobilized, the rest proposed to be borrowed from the state without interest. The enterprise will also build a domestic railway industrial system if approved for investment.

Research on expanding the eastern sections of the North-South Expressway to ensure efficiency and suitability

Deputy Prime Minister Tran Hong Ha has just concluded the proposal to expand the eastern sections of the North-South Expressway to a complete scale to meet the needs of socio-economic development, ensure national security and defense, and complete national infrastructure.

Currently, the North-South Expressway in the East has completed and put into operation about 1,200 km. However, many sections have only 2-4 lanes, posing potential risks of traffic safety, congestion, and not meeting the increased traffic volume in the future.

Research on expanding the eastern sections of the North-South Expressway.

The Deputy Prime Minister agreed on the policy of studying the expansion of the routes, assigning the Ministry of Construction to preside over the completion of the dossier to submit to the National Assembly at the June 2025 session, striving to start construction of a number of component projects from December 2025.

The expansions must be in accordance with planning and national technical standards, limiting the need for scattered investment or multiple expansions. At the same time, it is necessary to propose specific mechanisms, accurately calculate the total investment and the toll collection franchise plan combined with asset upgrades to report to the Prime Minister in May 2025.

Quang Ngai adjusts investors and management organization of 8 projects

Quang Ngai Provincial People's Committee has just approved the adjustment of investors and management organization of 8 projects from Dung Quat Economic Zone Management Board and provincial industrial parks to the Provincial Traffic Construction Investment Project Management Board.

The transfer projects include: upgrading and expanding the traffic infrastructure of Dung Quat Economic Zone; Dung Quat 1 seaport axis; Tri Binh - Dung Quat port road; axis routes to the Eastern Dung Quat Industrial Park; road connecting the North - South Center of Van Tuong urban area; drainage system, wastewater treatment of the Eastern Industrial Park...

Dung Quat Economic Zone, Quang Ngai Province.

The Provincial People's Committee requested the Provincial Traffic Construction Investment Project Management Board to coordinate with the Dung Quat Economic Zone Management Board to hand over documents, implement the next steps in accordance with legal regulations and strictly manage funds within the approved total investment.

Previously, on March 30, 2025, the Provincial People's Committee approved the Project to merge the Project Management Board under Dung Quat Economic Zone Management Board into two provincial-level project management boards: transport and civil - industrial, to streamline the organization and improve the efficiency of public investment management.

Addition of areas where mineral exploitation rights are not auctioned

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 934/QD-TTg dated May 15, 2025, adding a number of areas in Lao Cai to the list of areas not subject to auction of mineral exploitation rights under the licensing authority of the Ministry of Agriculture and Environment.

Add some copper mineral areas in Lao Cai province to the list of areas where mineral exploitation rights are not auctioned.

Specifically, the additional areas include:

Expanding copper ore mining at Sin Quyen mine (Ban Vuoc and Coc My communes, Bat Xat district) with an area of ​​585.8 hectares and the Southeast area of ​​Sin Quyen mine with an area of ​​385.5 hectares, assigned to TKV Minerals Corporation - JSC (Vimico).

Expanding and exploiting Ta Phoi mine (Ta Phoi commune, Lao Cai city) with an area of ​​407.3 hectares, assigned to Dong Ta Phoi Joint Stock Company - Vinacomin.

These areas are part of the Mineral Exploration, Exploitation, Processing and Use Plan for the 2021-2030 period, with a vision to 2050, approved by the Prime Minister in Decision 866/QD-TTg.

The Ministry of Agriculture and Environment, the Ministry of Industry and Trade and the People's Committee of Lao Cai province are responsible for the accuracy of information and data, and coordinate in granting exploitation licenses without auction in accordance with legal regulations.

Reviewing investment policy for 43,734 billion VND expressway project

On May 15, the National Assembly's Economic and Financial Committee held a meeting to review the investment policy of the Quy Nhon - Pleiku Expressway Project, 125 km long, 4 lanes, designed speed of 100 km/h, divided into 2 component projects, public investment.

The total investment is about 43,734 billion VND, using state budget sources from increased revenue and expenditure savings in 2024, along with central and local capital in the 2021-2030 period.

Overview of the meeting - Photo: TQ.

The project is expected to start construction in 2025 and be completed in 2029. The Government has proposed changing the purpose of use of more than 257 hectares of forest land and recommended that the National Assembly apply special policies and mechanisms for implementation.

Many opinions in the Economic Committee and other committees agreed on the need for investment, but requested clarification of the urgency when National Highway 19 has been upgraded and traffic volume is not high at present. At the same time, it was recommended to optimize the route to reduce impacts on forest land and rice fields and ensure adequate compensation.

Some delegates noted the need to clarify the feasibility of capital sources and avoid policy duplication between the law and the resolution. The National Assembly is expected to consider the investment policy early next week.

Thien Hung My Tho Company won the bid for 3 industrial cluster projects in Binh Dinh

The People's Committee of Binh Dinh province has just approved the results of selecting investors for 3 industrial cluster projects including: Tan Duc Industrial Cluster (expansion), Nhon Tan and Binh Thanh. Thien Hung My Tho Company Limited was identified as the investor meeting the criteria to implement all three projects.

Specifically, Tan Duc Industrial Cluster (expansion) in Nhon My Commune, An Nhon Town has an area of ​​17.9 hectares, a total investment of more than 115 billion VND, and is expected to be operational in March 2027. The project ensures connectivity with the existing cluster, serving the relocation of production facilities from Go Da Trang Industrial Cluster.

Nhon Tan Industrial Cluster in Nhon Tan Commune, An Nhon has an area of ​​30 hectares, total investment of more than 194 billion VND, expected to be completed in April 2027. Binh Thanh Industrial Cluster in Tay Son District has an area of ​​75 hectares, total investment of more than 320 billion VND, expected to operate from October 2026.

Investment items include: leveling, internal traffic, electricity and water systems, wastewater treatment and trees. The Provincial People's Committee requires legal procedures to be completed in August 2025 and construction to begin in September 2025.

Previously, at the 2025 Investment Promotion Conference, Thien Hung My Tho Company signed a memorandum of understanding to invest in the above projects along with a number of other industrial clusters in Binh Dinh. This is one of the enterprises actively developing industrial cluster infrastructure in the locality.

Ho Chi Minh City High-Tech Park Management Board requests to return more than 20 hectares of land

The Management Board of Ho Chi Minh City High-Tech Park (SHTP) has just sent a document to the City People's Committee requesting the return of a 20.17-hectare land plot in Long Thanh My Ward, Thu Duc City. This land plot was once allocated to build housing for workers at the High-Tech Park, but now the Board does not have enough resources to continue investing and no longer needs to use it.

Previously, the Ho Chi Minh City People's Committee agreed to stop investing in the project using budget capital and settle the value that had been implemented. Following the guidance of the Department of Agriculture and Environment, the SHTP Management Board carried out procedures to return the land.

This move comes as Ho Chi Minh City is reviewing and reclaiming slow-moving projects to reserve land to attract new investors, especially in strategic areas such as semiconductors and microchips. The return of land is considered to be in line with the current development orientation and effective use of land resources.

Quang Nam opens direct shipping route to India

On May 16, Chu Lai International Port (Quang Nam) announced the completion of dredging the Ky Ha waterway and signed a cooperation agreement with RCL Shipping Line, officially opening the direct shipping route Chu Lai - India. This shipping route will connect with major ports such as Kolkata, Chennai, Nhava Sheva, helping to shorten shipping time and reduce logistics costs.

After upgrading, the Ky Ha waterway has a depth of -9.3m, a width of 110m, and a length of 11km, capable of receiving 30,000 DWT ships. This overcomes the dependence on water draft, allowing large ships to enter and exit flexibly, especially at night and during peak hours. On the same day, Chu Lai port welcomed the CHANA BHUM ship (Singapore) carrying nearly 800 import and export containers.

Chu Lai is oriented to become a class I port and an international logistics center, connecting the Central Highlands, Southern Laos and Northeastern Thailand. Chairman of the Quang Nam Provincial People's Committee Le Van Dung affirmed that the Chu Lai - India route is a big boost for import and export, especially with strategic trade partner India. In the coming time, the province will continue to invest in expanding the maritime transport network, developing smart and environmentally friendly logistics.

Source: https://baodautu.vn/khoi-cong-du-an-rach-xuyen-tam-17229-ty-dong-mo-tuyen-hang-hai-truc-tiep-den-an-do-d284684.html