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Update news infrastructure investment
Vietnam has proposed investing more than $4.4 billion in two expressways through its mountainous northwest, aiming to improve transport links with Hanoi and support economic development in the region.
The expansion of Ho Chi Minh City's administrative boundaries presents a historic opportunity to reshape urban development, modernize infrastructure and mobilize investment to achieve sustained double-digit economic growth.
Ho Chi Minh City is considering municipal and project bond issues through Vietnam's international financial center to raise medium- and long-term capital for major infrastructure projects while easing pressure on public finances and bank lending.