Key transport projects kick off in 2020

Construction of several national key projects, including the North-South Expressway and Long Thanh International Airports, have started.

The National Assembly has allowed a newinvestment mode for three component projects, the North-South Exressway, including Mai Son – Highway No 45, Vinh Hao – Phan Thiet and Phan Thiet – Dau Giay from PPP to public investment. This was requested by the Government.

Key transport projects kick off in 2020

The three component projects have total investment capital of VND35 trillion. Of these, the Mai Son – Highway 45 section through two provinces of Ninh Binh and Thanh Hoa has a total length of 63.37 kilometers, the Vinh Hao – Phan Thiet section, via Binh Thuan province has 100.8 kilometers, and Phan Thiet – Dau Giay, which goes through Binh Thuan and Dong Nai, 99 kilometers.

Prime Minister Nguyen Xuan Phuc, who was present at the commencement ceremony of the projects, said in order to meet requirements for industrialization, the transport system must ‘go one step ahead’.

He said that Vietnam will not be able to develop without a good transport system.

North-South Expressway

The eastern North-South Expressway, with total length of 1,799 kilometers, has its starting point in Hanoi and the ending point in Can Tho. Of this, 654 kilometers go through 13 cities and provinces. There are 11 component projects.

The 80 kilometer highway section with 4-6 lanes from Hanoi to Ninh Binh has been put into operation. The Cao Bo – Mai Son section, 15 kilometers, going through Nam Dinh and Ninh Bình, is under execution, and is expected to be completed by the end of 2021.

Meanwhile, the Mai Son – Highway 45 from Ninh Binh to Thanh Hoa is expected to be completed by the end of 2022.

As for the Highway 45 – Nghi Son (Thanh Hoa), 43 kilometers long, and Nghi Son – Dien Chau (Nghe An), 50 kilometers, the government is seeking permission from the National Assembly to shift from PPP to public investment mode.

If the National Assembly gives the nod to the proposal, they will kick off in early 2021 and finish in late 2023.

Prior to that, two other component projects of the North-South Expressway, namely Cam Lo – Son La, going through Quang Tri and Thua Thien-Hue, at 98.35 kilometers long, built with the state budget funds, kicked off in 2019. It is scheduled to be completed in 2022.

The Nha Trang – Cam Lam (Khanh Hoa province), 49 kilometers, and Cam Lam – Vinh Hao, 79 kilometers, will follow the PPP investment mode. If investors are chosen soon, the projects will kick off in 2021 and it will be completed in 2023.

The Vinh Hao – Phan Thiet section in Binh Thuan province, and the Phan Thiet – Dau Giay (Dong Nai) will see the connection completed by the end of 2022 from Binh THuan to the HCM City – Long Thanh – Dau Giay Highway, which will link HCM City and provinces in the southeastern region.

The My Thuan 2 Bridge is under construction. The project will link Trung Luong – My Thuan Highway and connect highways to HCM City.

As such, when all the 11 component projects are completed, Vietnam will have 654.3 kilometers of eastern North-South expressway.

 
To build an airport with the total area of 5,000 hectares, land of 17 institutions and 5,283 households will be taken back by the State. More than 16,000 people will have to leave and three cemeteries will be relocated.

In the north, the North-South Expressway, connecting with the Hanoi – Bac Giang – Lang Son Highway at a length of 167 kilometers with four lanes, has been put into operation.

Long Thanh Airport

After the government approved the building of Long Thanh International Airport phase 1 in 2020, the Airports Corporation of Vietnam (ACV) started construction in December.

In Phase 1, Long Thanh will have one runway, one passenger terminal and supporting items with the capacity of 25 million passengers and 1.2 million tons of cargo a year.

It is expected to be completed by 2025.

The main construction items of the airport include: runway with a length of 4,000 meters, a width of 75 meters, taxiway system and apron; and the passenger terminal with the total floor area of 373,000 square meters.

Dong Nai provincial authorities are in charge of the site clearance to make room for the project.

To build an airport with the total area of 5,000 hectares, land of 17 institutions and 5,283 households will be taken back by the State. More than 16,000 people will have to leave and three cemeteries will be relocated. 

Vu Diep

Six transport projects in Tan Son Nhat Airport area remain unimplemented because of site clearance problems

Six transport projects in Tan Son Nhat Airport area remain unimplemented because of site clearance problems

Six projects that would ease traffic congestion in the gateway area to Tan Son Nhat International Airports, with total investment capital of VND7 trillion, remain unimplemented because of site clearance problems.

Public investment, exports to ensure Vietnam 2020 GDP growth at 2.5%: Expert

Public investment, exports to ensure Vietnam 2020 GDP growth at 2.5%: Expert

Domestic production and exports are key driving forces for Vietnam’s economy this year, state an expert.

 
 

Other News

.
Ministry of Natural Resources and Environment announces top 10 events
Ministry of Natural Resources and Environment announces top 10 events
FEATUREicon  21/01/2021 

Minister of Natural Resources and Environment Tran Hong Ha has signed a decision announcing the top 10 events of the sector last year. Below are the selected events.

Stock market plummets, $10 billion lost
Stock market plummets, $10 billion lost
FEATUREicon  21/01/2021 

The Vietnamese stock market saw an unprecedented plunge on January 19. But panic did not occur.

Architect warns Thu Duc City needs thorough planning, from strategy to implementation
Architect warns Thu Duc City needs thorough planning, from strategy to implementation
FEATUREicon  21/01/2021 

Ngo Viet Nam Son, a respected architect, said Thu Duc City needs methodical planning to avoid becoming just a huge real estate project.

Vietnam vows to control digital technology powerhouses
Vietnam vows to control digital technology powerhouses
FEATUREicon  20/01/2021 

How to force cross-border social networks to observe the laws of the host countries is a challenge not only for Vietnam but for all countries.

Volunteers for vaccine trial: if people are overcome by fear, the vaccines won’t succeed
Volunteers for vaccine trial: if people are overcome by fear, the vaccines won’t succeed
FEATUREicon  20/01/2021 

“If everyone just sits and waits and no one dares to get a vaccine injection trial, the vaccine won't be successful,” said one of the first three volunteers in the Nanocovax vaccine trial.

Earning VND10 trillion within two months, 'boss Thuy' enters top list of billionaires
Earning VND10 trillion within two months, 'boss Thuy' enters top list of billionaires
FEATUREicon  20/01/2021 

With VND10.7 trillion, Nguyen Duc Thuy, known as boss Thuy, will become the 12th richest stock billionaire. Two months ago, his stock assets were worth less than VND1 trillion.

Highways open to traffic, clear the way to more development in Mekong Delta
Highways open to traffic, clear the way to more development in Mekong Delta
FEATUREicon  19/01/2021 

A number of highways have opened to traffic recently in the Mekong Delta, which has a regional population of 20 million.

Social media – a revolution to be feared
Social media – a revolution to be feared
FEATUREicon  15/01/2021 

“The right to freedom of opinion is of fundamental importance,” Steffen Seibert, spokesperson for Angela Merkel, said at a press conference on Monday, adding that Merkel had considered Trump’s Twitter ban “problematic".

Promising figures offering confidence for pharma future
Promising figures offering confidence for pharma future
FEATUREicon  15/01/2021 

Vietnamese pharmaceutical giants rushed to new business lines in 2020 to create new motivation for growth amid the ongoing pandemic complications, with some changes bringing about better results.

What policies are needed for Thu Duc City to 'take off'?
What policies are needed for Thu Duc City to 'take off'?
FEATUREicon  17/01/2021 

HCM City Mayor Nguyen Thanh Phong said that several things need to be done initially under the ‘working while running’ principle for Thu Duc City, and the most important is a special mechanism that will enable the city to "take off".

Thu Duc City to serve as new growth engine for HCM City
Thu Duc City to serve as new growth engine for HCM City
FEATUREicon  14/01/2021 

Thu Duc City is expected to make up 30 percent of GRDP of HCM City, or 7 percent of GDP of the entire country, thus serving as the new driving force for HCM City to grow rapidly in a sustainable way.

Experts warn about risky investments in gold and stocks
Experts warn about risky investments in gold and stocks
FEATUREicon  15/01/2021 

With increasingly rapid developments occurring in the gold and stock markets, economic experts believe these represent risky investment channels, with investors needing to carefully consider all of their financial decisions.

Growing vegetables in Africa, Vietnamese solders respected by international friends
Growing vegetables in Africa, Vietnamese solders respected by international friends
FEATUREicon  17/01/2021 

Each soldier and officer in the People’s Army serving in the Vietnam’s Green Beret force acts as an ambassador and a bridge that links Vietnam and other countries in their missions.

Covid-19 forces travel firms to undergo restructuring
Covid-19 forces travel firms to undergo restructuring
FEATUREicon  14/01/2021 

For travel firms to survive the pandemic, they have had to undergo restructuring.

The once-famous village in Hanoi where people got rich with embroidery products
The once-famous village in Hanoi where people got rich with embroidery products
FEATUREicon  19/01/2021 

Nguyen Bi Village in Quat Dong in Hanoi was once a well-known embroidery craft village which produced high-quality embroidery products for sale the export market

Vietnam to launch competitive retail electricity market in 2023
Vietnam to launch competitive retail electricity market in 2023
FEATUREicon  16/01/2021 

Vietnam Electricity will conduct price marketization to encourage investment in electricity industry and follow the State-regulated market mechanism.

New economic priorities for a new year
New economic priorities for a new year
FEATUREicon  16/01/2021 

Despite no signals of an end to the global health crisis, the Vietnamese government is continuing to demonstrate its patience and efforts to drive the economy forward,

Global vision essential for Vietnam’s technology brands
Global vision essential for Vietnam’s technology brands
FEATUREicon  14/01/2021 

More than 30 years after doi moi was initiated, Vietnam is increasingly expanding the presence of its brands across global markets. 

Ministry of Information and Communication with new missions, new space
Ministry of Information and Communication with new missions, new space
FEATUREicon  13/01/2021 

According to Minister of Information and Communication Nguyen Manh Hung, the second innovation is digital transformation. The Information and Communication Ministry has embarked on new missions, a new space and new energy.

Vietnam budget deficit forecast at 3.6% of GDP in 2021
Vietnam budget deficit forecast at 3.6% of GDP in 2021
FEATUREicon  12/01/2021 

Fitch Solutions holds a more optimistic view on Vietnam’s economic rebound in 2021, with its real GDP growth forecast at 8.6%, against the government’s 6.5% target.

 
 
 
Leave your comment on an article

OR QUICK LOGIN