The North-South high-speed railway is expected to create 263,700-332,300 jobs in the construction period and employ 14,000 workers after its operation.

Traffic congestion in HCM City seriously affects the quality of life and causes a loss of $6 billion annually.

Under current law, high-speed railways must have a speed of 350 kilometers per hour. However, some experts believe that the North-South Expressway should have a speed of 250 kilometers per hour and carry both cargo and passengers.

Two sections of the eastern North - South Expressway, Mai Son - National Highway 45 and Phan Thiet - Dau Giay, were inaugurated on April 29.

In 2023, in addition to the 12 North-South expressway component projects of phase 2 (2021-2025), many more key traffic projects will be implemented.

PM Pham Minh Chinh has asked relevant agencies to instruct authorities under their wings to conduct compensation and resettlement in line with legal regulations for major expressway projects.

If transport projects do not proceed on schedule, managers need to prepare to resign, Transport Minister Nguyen Van Thang has said.

Ho Chi Minh City will need an additional 71 trillion VND (2.8 billion USD) from 2021-2025 to carry out transport infrastructure projects.

The Vietnamese Association of Road Systems Investors (VARSI) held a seminar on removing inadequacies of PPP transport infrastructure projects in Hanoi on Monday.

HCM City is speeding up procedures to start the construction of key traffic works at gateways by the end of the year, according to HCM City's Department of Transport.

With 33 highway projects totaling nearly 3,000 km long planned for construction in 2021-2030, a decade of busy expressway building is expected.

The Economic and Budget Commission under the Hanoi People's Council has agreed to supplement VND30 trillion (US$1.28 billion) of the city's mobilised capital to implement key transport projects.

A proposal has been sent to the Ministry of Transport asking for evaluation of a feasibility report on the construction of the Can Tho – Hau Giang section as part of the eastern route of the North-South Expressway.

Facing stagnancy for years, transport infrastructure development has been highlighted by the National Assembly, triggering the urgent need to make strong moves to fast-track long-delayed initiatives.

Ho Chi Minh City is implementing a programme that seeks to restore capital resources for investment in transport infrastructure to drive socio-economic recovery and growth for 2022 – 2025.

The trans-Vietnam 2,744-km-long Ho Chi Minh Highway Project was planned to open in 2020 but so far only around 86 percent of the work has been completed, Minister of Transport Nguyen Van The told National Assembly deputies on May 24.

A vast major economic zone covering 40,400 sq.km., the Mekong Delta boasts abundant advantages in agricultural production and investment attraction across a variety of fields.

The decision on direct appointment of contractors for 12 component projects of the North - South Expressway is unprecedented.

To fulfil the goal of building 5,000 km of expressway by 2030 under the plan approved by the Government, it is necessary to have specific policies to attract investment.