HCM City needs VND970.654 trillion worth of capital in 2021-2030 to develop key transport infrastructure projects.

The Cuu Long (Mekong) Delta region needs a special mechanism to improve its transport infrastructure to reduce logistics costs, bolster competitiveness and boost agricultural exports, Minister of Transport Nguyen Van The has said.

Ho Chi Minh City will build four big bridges over five years at a total investment of VND22 trillion, or nearly US$1 billion, to connect major arteries and accelerate economic and tourism development in the city.

The Ministry of Transport plans to begin work on nine major infrastructure projects in the south this year to reduce traffic congestion and improve connectivity.

Land acquisition, compensation payments and resettlement for affected households should be completed by the end of July so that construction on HCM City’s second metro line can begin, city officials have said.

82 build-transfer (BT) projects in Hanoi developed by real estate developers have been ordered to halt.

Four major transport projects will be kicked off in June, announced the Ministry of Transport at a conference on May 28.

Import-export activities through the system of seaports are vital to HCMC’s economy. However, they have been plagued by constant traffic jams on the roads leading to them.

According to the Ministry of Transport (MoT), its divisions are striving to complete the statement to the Politburo for the policy approval of implementing a set target of 5,000- kilometer long expressways in the whole country by 2030.

Many provinces have proposed building their own airports, but if there are high-speed rail routes, many people will not choose to fly a 300-500km distance.

Integrating national and inter-regional railways with an urban transport system is a direction that can be chosen by megacities like Hanoi.

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

The Mekong Delta is working with the Ministry of Transport to improve the local transport infrastructure and thus trade flows, the Can Tho branch of the Vietnam Chamber of Commerce and Industry has said.

In a move to boost public investment disbursement in 2021, key transport projects for the country have been kicked off, hoping to create new motivations towards Vietnam’s socioeconomic development.

Let’s take a look at several outstanding construction projects in Hanoi that have contributed to significantly changing the appearance of the capital this year.

Vietnam has set a target to have 5,000 kilometers of expressways by 2030, Deputy Prime Minister Trinh Dinh Dung said at a meeting on Thursday, December 24.

The Ministry of Transport proposes building seven more expressways with a total length of 774km in the Cuu Long (Mekong) Delta by 2030.

HCM City has completed a number of major transport projects this year, and plans to complete many others by 2025, that will help ease congestion at its gateways and improve connectivity with neighbouring provinces.

Vietnam has a long coastline but its maritime transport has not developed well. Railway transport has also been ‘forgotten’.

Weak regional connectivity across land, air and sea has hampered the growth of southeast region of Vietnam. Economists believe for the region develop, it needs to change its mind set and strategy.