transport projects

Update news transport projects

Contractors file claim because of late reciprocal capital arrangement on highway project

The execution of the Ben Luc - Long Thanh highway has been interrupted for a long time due to problems in reciprocal capital arrangement. Foreign contractors have filed a claim for damages.

VN in need of huge amounts of soil, sand, stone for expressway projects

The Transport Ministry has just proposed that Deputy PM Tran Hong Ha direct localities to urgently increase the exploitation capacity of stone, soil, and sand mines to serve the needs of North – South Expressway project in the 2021-2025 period.

Major transport projects to kick off in 2023

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.

Minister identifies reasons behind slow progress of traffic projects

Minister of Transport Nguyen Van The told the 15th National Assembly what caused traffic projects not to be completed on schedule in recent years during its third sitting’s last Q&A session in Hanoi on June 9.

Most transport projects are 3-5 years behind schedule

Foreign invested enterprises (FIEs) need transport connections more than tax incentives. They are aware that most transport projects in the country are often behind schedule.

Untie bottlenecks to attract private investment

Major transport projects require large capital sources, which the state budget cannot fully cover fully. Capital from other sources is needed.

VEC to use collected tolls from 4 highways to pay debt to Japanese contractors

Vietnam Expressway Corporation (VEC) is following procedures to use money from tolls collected from four highway projects to pay the Japanese contractors of the Ben Luc – Long Thanh Expressway project.

Hanoi pauses near 100 BT projects

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

HCM City approves two transport projects worth over VND12 trillion

The People’s Council of HCM City yesterday morning, April 22, approved two transport projects worth over VND12 trillion in total, which would be constructed between 2021 and 2025.

Deadline set for Transport Ministry to complete two North-South expressway projects

The Government has ordered the Ministry of Transport to complete two component projects of the North - South expressway (Highway NH45 - Nghi Son and Nghi Son - Dien Chau sections) by 2023.

Year of transport milestones ahead

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.

Three major transport projects to be inaugurate from Jan. 10-12

Three major transport projects will be put into operation from January 10-12, according to the Ministry of Transport.

Ho Chi Minh City breaks off series of overdue projects

Ho Chi Minh City People’s Council has cancelled 61 projects which have failed to be implemented on schedule, with developers showing their incapability to move things forward.

Consultancy cost for HCMC’s second metro line up by 12.6mil euros

The consultancy cost for the second metro line project in HCMC has been revised up by 12.6 million euros (US$14.7 million) as the project has been delayed for years.

HCM City: five elevated roads proposed

During the last quarter of 2020, the HCM City Department of Transport sought for the municipal government’s approval of five elevated road projects to be started in 2021.

Key transport projects kick off in 2020

Construction of several national key projects, including the North-South Expressway and Long Thanh International Airports, have started.

HCM City to complete major transport projects at gateways by 2025

HCM City plans to complete a number of major transport projects by 2025 that are expected to reduce traffic congestion at city gateways and improve connections to neighbouring provinces.

Major transport projects in Mekong Delta to be completed before Tet

Contractors and workers expect to complete construction of several major transport projects in the Cuu Long (Mekong) Delta before Tet (Lunar New Year Festival), which falls on February 12 next year.

HCM City proposes $2.9-billion metro project

HCM City has proposed the Ministry of Planning and Investment the construction of a metro project which has a total investment of VND68 trillion ($2.95 billion).

Transport Ministry asked to save or kill mega train project

Deputy Prime Minister Trinh Dinh Dung has urged the transport ministry to make a final decision on the fate of a multi-million dollar railway project that was abandoned 15 years ago.