infrastructure

Update news infrastructure

With the economy gradually bouncing back, Vietnam will continue speeding up the disbursement of public investment this year, with a focus placed on infrastructure development in order to spur on economic growth this year and beyond.

Vietnam’s road network with 9,000 km of expressways announced

According to the national road network planning by 2050, Vietnam will have more than 9,000 km of expressways. The country aims to complete construction of about 5,000 km by 2030.

Huge public investment in industries and regions

According to the public investment plan in the period 2021-2025, the total state budget capital allocated for this period is VND2.87 quadrillion, not VND2,750 trillion as being reported to the 10th session of the 14th National Assembly.

Hanoi plans to build more public and green spaces

Public green spaces have never been more important in Hanoi, a densely populated city facing challenges from rapid urbanisation, climate change and air pollution.

Ambitious railway development plan in Vietnam until 2030

Along with upgrading railway routes, Vietnam has ambitious plans to develop a number of new ones during 2021-2030 to strengthen regional economic development.

Resumption of passenger transport services linking Danang, Quang Nam under consideration

The transport authority of Danang recently received a proposal from its counterpart in the neighboring province of Quang Nam about the resumption of passenger transport services linking the two localities.

HCMC to try reigniting delayed BT projects

Financial shortcomings of investors combined with the government’s failure to offer support are some of the reasons multiple BT infrastructure projects in HCMC are being delayed indefinitely, experts said. 

Uncorking bottlenecks for infrastructure development

The Vietnamese government tries to speed up public investments while increasing the private sector’s involvement, focusing on infrastructure projects that are meant to stimulate growth, improve connectivity, and spur on socioeconomic growth.

Ring Road No. 3 project in HCMC must be completed by 2025: Deputy PM

The Ring Road No. 3 project, which was approved 10 years ago, must be completed by 2025 to help ease traffic jams in HCMC and connect with the southern key economic zone, said Deputy Prime Minister Truong Hoa Binh.

 

Rising high-rise apartments put infrastructure under pressure in HCM City

The rapid rise of new apartment blocks in HCM City has exerted intense pressure on infrastructure while local communities gain little benefit from new homes.

Vietnam’s most modern bus station faces ineffective operation

HCM City’s new Mien Dong bus station, the most modern of its kind in Vietnam, has remained deserted after more than five months put into operation.

Over VND27 trillion sought for key roads leading to seaports in HCM City

The HCMC Department of Transport has proposed the municipal government develop six key traffic infrastructure projects leading to the seaports in the city with an estimated investment of over VND27 trillion.

Railway maintenance work delayed as Ministry has yet to decide on capital allocation

The money for railway maintenance is available, but remains inaccessible to maintenance units because no final decision has been made on whom to allocate capital - the Vietnam Railway Authority (VRA) or Vietnam Railways (VNR).

BOT projects incur losses, investors and banks worry about bad debts

Investors are worried as their Build-Operate-Transfer (BOT) projects cannot satisfy requirements as revenue has been lower than expected.

HCMC wants to take back land along new road projects

The HCMC government has approved a proposal to reclaim land along new road projects in the city for auction and resettlement area development.

HCMC to pour investment in traffic infrastructure projects

Ho Chi Minh City will pour investment in traffic infrastructure project this year, Director of the city Transportation Works Construction Investment Project Management Authority Luong Minh Phuc has said.

Three major transport projects to be inaugurate from Jan. 10-12

Three major transport projects will be put into operation from January 10-12, according to the Ministry of Transport.

Ho Chi Minh City breaks off series of overdue projects

Ho Chi Minh City People’s Council has cancelled 61 projects which have failed to be implemented on schedule, with developers showing their incapability to move things forward.

HCM City: five elevated roads proposed

During the last quarter of 2020, the HCM City Department of Transport sought for the municipal government’s approval of five elevated road projects to be started in 2021.

HCM City infrastructure development to focus on services sector

HCM City’s infrastructure development is focused on transforming the economy and making it services-based.