In recent years, Vietnam’s demand for capital to support infrastructure development - in transport, urban planning, energy, digital transformation, and innovation - has grown far beyond what the state budget can sustain.

Long Thanh International Airport is expected to begin commercial operations by mid-2026.

The Ministry of Construction has provided updates on land clearance and related activities for the North–South high-speed railway project, following Vingroup’s recent withdrawal from involvement.

The Ring Road 4 project in Ho Chi Minh City, with a total estimated investment of over 120.4 trillion VND (approximately USD 5 billion), is slated to begin construction between June and September 2026 and reach completion two years later.

On the morning of December 19, Vietnam simultaneously broke ground, inaugurated, or opened 234 infrastructure and development projects across the country, in celebration of the upcoming 14th National Party Congress.

The last five years have marked a turning point for Vietnam’s expressway network, as the country is set to achieve its target of 3,000km by the end of the year and moves steadily towards a 5,000km target by 2030.

Despite challenges from pandemics and climate change, Vietnam marks a milestone in infrastructure with a sweeping network of highways.

If one image could capture the essence of 2025, it wouldn’t be a growth chart or a lengthy report - it would be the construction sites erupting across the country, from north to south.

Prime Minister Pham Minh Chinh led a key meeting to finalize the launch of 234 milestone projects ahead of the 14th Party Congress.

VinSpeed High-Speed Rail Investment and Development Joint Stock Company (VinSpeed) has unveiled plans to build the Hanoi-Quang Ninh high-speed railway by the end of this year and put it into commercial operation in the first quarter of 2028.

On August 19, Vietnam will inaugurate and break ground on 250 projects nationwide, including major highways, bridges, and a new airport.

In celebration of the 50th anniversary of Southern Liberation and National Reunification, the Ministry of Construction today organized a series of groundbreaking and inauguration ceremonies for key national projects across the country.

Approved as a dual-use airport, Gia Binh is expected to significantly support northern Vietnam’s aviation demands.

Five major traffic works will be inaugurated, with new expressway and ring road developments underway.

The $49 million investment in Binh Dinh Province enhances road connectivity, supporting local economic growth and defense initiatives.

The Ministry of Construction has proposed a $6.4 billion investment to widen 1,144 kilometers of the North-South Expressway, enhancing capacity and safety.

Currently, 56 per cent of the project is complete. Efforts are being made to fast-track tunnel construction, with breakthroughs expected by April 30.

With plans for nine additional bridges, Hanoi is enhancing its transportation network to support economic and social development.

Here is the second part of the talk between VietNamNet and National Assembly’s former deputy chair of Economics Committee Nguyen Van Phuc about the North-South high-speed railway project.