Construction of $1.9 bln Mekong Delta expressway kicks off
Construction of the Chau Doc-Can Tho-Soc Trang Expressway, which will be the first to connect the Mekong Delta with Vietnam's national expressway network, began on Saturday.
The project has investment of VND44.69 trillion ($1.9 billion) from the state budget.
The 188-kilometer expressway will run through the provinces of An Giang, Can Tho, Hau Giang, and Soc Trang, and will have four lanes with a maximum speed limit of 100 kilometers per hour in the first phase. The second phase will expand to six lanes, and the project is expected to be completed in 2027.
Prime Minister Pham Minh Chinh and Vice President Vo Thi Anh Xuan attended the groundbreaking ceremony in An Giang, while Deputy Prime Minister Le Minh Khai joined the event in Soc Trang.
 
  Prime Minister Pham Minh Chinh (center) and Vice President Vo Thi Anh Xuan (third, left) attend the construction starting ceremony of Chau Doc-Can Tho-Soc Trang Expressway in An Giang province, Vietnam's Mekong Delta on June 17, 2023. Photo courtesy of the government portal.
The expressway will be the first to connect the Mekong Delta with the national expressway network, and is one of six planned expressways for the region with a total length of 1,188 kilometers by 2050. The project aims to connect economics hubs, border gates, and seaports in the Mekong Delta, driving socioeconomic growth in the region.
PM Chinh praised the Ministry of Transport and the four localities for their speedy preparation of the project within a year, instead of the usual two years. He also urged them to focus on site clearance and compensation for affected residents, aiming to hand over 100% of the land by the end of this year.
According to the transport ministry, the Mekong Delta currently has 90 kilometers of expressways and another 458 kilometers under construction, which are scheduled to be finished by 2025.
Per the planning until 2050, the Mekong Delta will have 1,188 out of the 9,014 kilometers of expressways across Vietnam, including 760 kilometers by 2030 and 420 kilometers more after 2030.
Construction on a section of the Ring Road 3 around Ho Chi Minh City and on the Bien Hoa-Vung Tau Expressway, which is also part of the Southern Key Economic Zone (SKEZ), is scheduled to start on Sunday.
The SKEZ covers HCMC and the provinces of Binh Duong, Dong Nai, Long An, Ba Ria- Vung Tau, Binh Phuoc, Tay Ninh, and Tien Giang. Ring Road 3 will run 76.3 kilometers through HCMC, Dong Nai, Binh Duong, and Long An. It will cost an estimated VND75.4 trillion ($3.2 billion).
The Bien Hoa-Vung Tau Expressway project is located in Dong Nai and Ba Ria-Vung Tau. The first phase, with investment capital of VND17.8 trillion ($757 million), should be completed in 2025 and opened in 2026.
- Read More
Central Vietnam province Gia Lai okays 3 large-scale wind power projects
Gia Lai province has granted in-principle approvals to three large-scale wind power projects with total registered capital mounting to VND19.35 trillion ($734.9 million).
Energy - Fri, October 24, 2025 | 12:01 pm GMT+7
HCMC pushes for early investment in Thu Thiem-Long Thanh railway project
The Ho Chi Minh City People’s Committee has emphasized the need for early investment and operation of a railway connecting Thu Thiem in the metropolis with Long Thanh International Airport in neighboring Dong Nai province.
Infrastructure - Fri, October 24, 2025 | 10:49 am GMT+7
Vietnam to let foreign investors place orders directly via global brokers
Vietnam plans to allow foreign investors to place orders directly through global brokerage firms, a move aimed at easing access to its stock market after a long-awaited upgrade to "secondary emerging" market status, a top regulator said.
Finance - Fri, October 24, 2025 | 8:28 am GMT+7
Vietnam business lobby urges easing of football betting limits
Vietnam’s leading business lobby VCCI has called on the government to sharply ease limits on international football betting and relax foreign ownership rules to make the industry more appealing to investors.
Finance - Thu, October 23, 2025 | 9:30 pm GMT+7
Powering growth from within
The development of a strong domestic private sector is essential for building a resilient, independent, and self-reliant economy that is less dependent on state-owned enterprises or foreign investment, writes Tim Evans, CEO of HSBC Vietnam.
Economy - Thu, October 23, 2025 | 9:09 pm GMT+7
Vietnam's stock market regulator appoints 2 new vice chairpersons
The State Securities Commission of Vietnam (SSC) has appointed Nguyen Hoang Duong and Le Thi Viet Nga as its new vice chairpersons.
Finance - Thu, October 23, 2025 | 4:14 pm GMT+7
Vinhomes chairman appointed CEO of VinSpeed
Pham Thieu Hoa, chairman of Vinhomes, has been appointed CEO of VinSpeed, a newly established company specializing in railway construction.
Companies - Thu, October 23, 2025 | 3:40 pm GMT+7
De Heus, Hung Nhon to invest $380 mln in high-tech agriculture hub in southern Vietnam
Dutch agribusiness group Royal De Heus and Vietnam’s Hung Nhon Group plan to invest VND10 trillion ($380 million) to develop a high-tech agricultural ecosystem in Tay Ninh province between 2025 and 2030.
Industries - Thu, October 23, 2025 | 2:35 pm GMT+7
Consumer finance major F88’s credit rating upgraded on improved funding capability, liquidity
Vietnamese credit ratings agency FiinRatings has upgraded F88's credit rating from “BBB-” to “BBB”, with a “stable” outlook, citing the company's enhanced capital-raising ability and improved liquidity position.
Companies - Thu, October 23, 2025 | 2:00 pm GMT+7
Vietnam's benchmark VN-Index could surpass 2,000 points in 2026: exec
VN-Index could top 2,000 points next year, said Huynh Minh Tuan, founder of FIDT - a Ho Chi Minh City-based investment consulting firm.
Finance - Thu, October 23, 2025 | 10:55 am GMT+7
Key factors helping firms export to demanding markets: DH Foods exec
Don’t treat business as a week-to-week or month-to-month affair. To go the distance, you must conduct business ethically, writes Nguyen Trung Dung, CEO of DH Foods.
Consulting - Thu, October 23, 2025 | 8:00 am GMT+7
Gold exchange, gold derivatives, gold ETFs proposed to be launched in Vietnam
Forming a gold exchange under state management in Vietnam is suitable to the reality, said Dao Xuan Tuan, head of the foreign exchange management department under the State Bank of Vietnam (SBV).
Finance - Wed, October 22, 2025 | 9:00 pm GMT+7
Real estate major Novaland wins key approval for $5 bln project in central Vietnam
Novaland Group (HoSE: NVL), one of Vietnam’s leading property developers, has received investment approval for its flagship project worth $5 billion in the central province of Lam Dong after years of delay due to legal obstacles.
Real Estate - Wed, October 22, 2025 | 4:20 pm GMT+7
Vietnam's plastics heavyweights Tien Phong, Binh Minh report profit surges
Tien Phong Plastic (HNX: NTP) recorded pre-tax profit of nearly VND949 billion ($36.04 million) in the first nine months of the year, exceeding its full-year target by 10.85%, while Binh Minh Plastic (HoSE: BMP) achieved record net profit of VND350 billion ($13.29 million) in Q3, surpassing its VND330 billion milestone set in the previous quarter.
Companies - Wed, October 22, 2025 | 4:17 pm GMT+7
Vietnam, Finland firms sign multiple MoUs on satellite, cybersecurity, aviation partnerships
A series of cooperation agreements were signed between Vietnam and Finland on Tuesday, within the framework of Party chief To Lam's official visit to Helsinki, while bilateral relationship was lifted to a "strategic partnership".
Economy - Wed, October 22, 2025 | 12:43 pm GMT+7
Trung Nam Ca Na seeks to convert agri-forest land for $147 mln industrial park in central Vietnam
Industrial park developer Trung Nam Ca Na is seeking approval to convert about 170 hectares of agricultural and forest land for the construction of a VND3,875 billion ($147 million) project in Vietnam’s central coastal province of Khanh Hoa.
Industrial real estate - Wed, October 22, 2025 | 10:54 am GMT+7
 
             
 
                    





















