return icon

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.

A view of My Thuy Intersection in Thu Duc City. The HCMC Department of Transport has proposed developing six traffic projects leading to seaports in the city with an estimated investment of over VND27 trillion - Photo: VNA

The proposal was made to come up with a plan to allocate the mid-term public investment capital in the 2021-2025 period, which will be submitted to the Government and the National Assembly, the local media reported.

Among the six projects, the My Thuy Intersection in Thu Duc City requires an investment of more than VND3.6 trillion and is under construction. The project has entered the second phase, in which the My Thuy 3 and Ky Ha 4 bridges, an overpass for vehicles traveling from Cat Lat Port to Phu My Bridge and a tunnel are being developed.

However, the site clearance work for the project has been separated into a subproject, resulting in an investment hike.

In the first phase of the project, which cost VND838 billion, a tunnel and a flyover have been put into service. The remaining items, once in place, are expected to reduce traffic congestion and accidents and improve the cargo transport along Dong Van Cong, Vo Chi Cong and Nguyen Thi Dinh streets to Cat Lai Port in Thu Duc City.

The municipal Department of Transport also proposed prioritizing capital for two sections with a total length of six kilometers of Ring Road No. 2 in Thu Duc City. The first section, which is 3.5 kilometers long and stretches from Phu Huu Bridge to Hanoi Highway, will need VND9 trillion, while the second section, which is 2.5 kilometers long and connects Binh Thai Intersection on Hanoi Highway to Pham Van Dong Street, including the construction of an intersection on Pham Van Dong Street and Ring Road No. 2, will cost nearly VND5.6 trillion.

The two sections are important to ease traffic on Hanoi Highway and National Highway 1 and boost the connection among ports in Thu Duc City, such as Phu Huu, Truong Tho and Cat Lai.

In addition, more than VND7 trillion has been sought for a 6.7-kilometer section of the North-South road from Nguyen Van Linh Street to Ba Chiem Bridge in districts 7 and Nha Be.

The department has also suggested developing two sections of the eastern ring road in Thu Duc City, including one spanning from Phu My Bridge to My Thuy Intersection and another from My Thuy Intersection to Nguyen Duy Trinh Intersection. The two sections, which are 2.9 and 2.2 kilometers, require an estimated investment of over VND1.2 trillion and VND1 trillion, respectively.

The three projects are essential to connect to Hiep Phuoc Port in Nha Be District and Cat Lai Port.

The main seaports in HCMC are located in districts 4, 7, Thu Duc and Nha Be and connected to many key roads with a total length of over 80 kilometers. The volume of cargo transported through seaports has exceeded the figure forecast for 2025, while the cargo is mainly transported on roads, causing an overload on Huynh Tan Phat Street in District 7 and Mai Chi Tho, Dong Van Cong, Nguyen Thi Dinh and Nguyen Duy Trinh streets in Thu Duc City.

Late last year, a plan to collect fees for using infrastructure facilities and public services at seaport terminals in the city was approved. The plan will be deployed from July this year and is expected to help bring in more than VND3 trillion a year. The fee revenue will later be used to develop the road system near seaports.

According to the municipal Department of Transport, roads near seaports should be developed to achieve a consensus and effectiveness in the collection of infrastructure fees at seaports.

If the capital for the six traffic projects cannot be sourced from the mid-term public investment plan in the 2021-2025 period, the department proposed suspending or extending the investment in projects that are not urgent to ensure capital for the six projects mentioned above.



Mekong Delta needs more investment in transport infrastructure

Mekong Delta needs more investment in transport infrastructure

Investment in transport infrastructure in the Mekong Delta is key to boosting exports of local agricultural and seafood products, according

HCM City to move ports out to ease congestion on roads

HCM City to move ports out to ease congestion on roads

Ho Chi Minh City will continue to move its ports to its outskirts to ease congestion on roads outside them and build new ones under a national port master plan for 2020-2030.

to experts.  


HCM City to promote AI in education sector

HCM City will need to promote the application of Artificial Intelligence (AI) in the education sector as part of its effort to become a smart city by 2030, experts said.

Additionally-registered and share-purchased FDI soars sharply in first half of 2022

Despite newly-registered FDI dropping in the first half of the year, additionally-registered and share-purchased investments increased significantly on-year.

Vietnam joins hands with France to renovate Hanoi’s Long Bien bridge

Vietnamese and French experts will join hands to renovate Hanoi City’s deteriorating Long Bien Bridge in the coming months.

Lessons learned from urban railway projects

The urban railway projects that have been and are under construction are all behind schedule, so the total investment must be adjusted.

Prices hit record high, Vietnam earns big money from catfish

Export prices have been escalating in all markets and hitting new records in the US. Vietnam’s catfish export turnover is expected to reach $2.6 billion this year, the highest in history.

Phu Dien Cham Tower in Vietnam sets world record

The central province of Thua Thien – Hue on June 27 held a ceremony to mark WorldKings’ recognition of Phu Dien Tower built by the Cham people as a world record.

Explosive e-commerce growth drives demand for logistics

The rapid growth in e-commerce is driving an unprecedented increase in demand for logistics services, including express delivery services, according to industry insiders.

Local authorities warned of easy discipline when receiving FDI

Experts have pointed out that many localities accept small-scale foreign-invested projects which don’t have much significance to the localities, and allocate too much land to these projects.

Cashew industry faces huge challenges

Vietnam exported over 206,000 tonnes of cashew nuts worth 1.19 billion USD in the first five months of 2022, down 7.81% in volume and 6.81% in value, the Vietnam Cashew Association (VINACAS) reported.

After failed deal with MobiFone, AVG finds new owner

AVG has changed hands, but it has not made an official announcement about the deal.

Hue's Dong Ba Market revamped to lure tourists

Returning to Thua Thien Hue after over two years of lockdown, Luu Hoang Long and his wife, a Vietnamese Australian, chose first to visit Dong Ba Market, the biggest traditional local shopping centre in the ancient royal city of Hue.

Retail giants to sell low-cost products

With powerful financial resources, big retailers are organizing retail chains that sell a wide variety of lower priced goods.

Five directions for internet development in Vietnam

Deputy Minister of Information and Communications Pham Duc Long pointed out five major directions for internet development with an aim of creating a safe, modern and humanitarian digital society at the VNNIC Internet Conference 2022 last week.

Homes for the elderly: new market

Although the population is aging rapidly, the nursing home market in Vietnam remains under-explored.

Vietnam proposes to issue ID cards to people without Vietnamese nationality

Non-Vietnamese nationals living in Vietnam will likely be granted an electronic identification account to perform public administrative procedures.