Vietnam's Ministry of Construction has announced 29 priority expressway projects seeking public-private partnership (PPP) investment during 2026-2030, with preliminary capital requirements totaling nearly VND923 trillion (US$35 billion).

Vietnam is turning to private investors to help fund its 2026-2030 transport plans, but financing constraints and revenue risks remain obstacles to expanding the expressway network.

HCMC has proposed two new ring roads extending across several provinces, a major infrastructure initiative intended to create additional layers of connectivity beyond Ring Road 4.

Ministries and northern localities have been ordered to urgently clear bottlenecks and accelerate construction and capital disbursement for expressway projects, particularly those scheduled for completion this year.

Chu Van Tuan, deputy director of the Railway Project Management Board explained that the total investment has been adjusted after reviewing the scope, scale, volume, unit prices, exchange rates, new policies, and transport demand.

The National Assembly has approved the investment policy for Hanoi Capital Region’s 349-kilometer Ring Road 5, which will pass through seven cities and provinces with preliminary investment of VND288.268 trillion ($11 billion).

HCMC wants a 1,200km urban rail network by 2050, but experts warn the ambition needs a credible funding roadmap to avoid straining the megacity’s finances.

Party General Secretary and President To Lam has stressed the need to develop a modern and comprehensive infrastructure system as Vietnam works towards becoming a country with modernity-oriented industry.

Seven Red River bridge projects have received all land within their designated boundaries as Hanoi targets completion around July 2027.

HCM City will integrate IoT sensors and smart monitoring into transport infrastructure to improve traffic safety and detect violations.

As the national backbone for road transport, the Eastern North-South Expressway needs resources to complete upgrades as soon as possible, experts have said.

Vietnam's revised road network plan through 2050 calls for a nationwide expressway system of 46 routes totaling about 10,106 km, including five newly added routes.

Chief of the ministry's Office Lam Van Hoang said at a conference on July 7 that 219 km of national highways were built and another 212 km were upgraded in the first six months.

Vietnam plans to put seven new airports into operation by 2030 as part of a broader effort to expand the country's aviation network and meet rising travel demand.

Ho Chi Minh City has called for a financially strong, globally capable “leading crane” investor to develop the Can Gio International Transshipment Port, a project worth VND128 trillion (US$5.1 billion).

With 2026 seen as a pivotal year, Ho Chi Minh City is racing to complete a series of major transport and urban environment projects set to reshape its metropolitan landscape.

In the course of Doi moi (Renewal) and international integration, infrastructure has been identified as the “lifeblood” of the economy, playing a pivotal role in driving growth and expanding development space.

Metro lines, ring roads and coastal bridges are reshaping Ho Chi Minh City’s skyline and reinforcing its role as Vietnam’s leading economic engine.

As Vietnam closes 2025 with 3,000km of expressways, a new era of rail, airport and seaport megaprojects is taking shape for the next phase of growth.