Deputy PM urges proposal for expressway connecting Lam Dong, Khanh Hoa provinces
The Vietnamese provinces of Lam Dong and Khanh Hoa should ask the Prime Minister to consider approving the construction of the Nha Trang-Lien Khuong Expressway linking the neighboring provinces, said Deputy Prime Minister Tran Hong Ha on Tuesday.
The two provinces were asked to research the Transit Oriented Development (TOD) model for the expressway and adjust planning to effectively tap related socio-economic infrastructure.
A section of the North-South Expressway. Photo courtesy of the government's news portal.
According to the national expressway network development plan, construction on the Nha Trang-Lien Khuong Expressway project was expected to start after 2030, but under the direction of Ha it may commence sooner.
In September, Son Hai Group, headquartered in Quang Binh province, proposed the south-central province of Khanh Hoa build the Nha Trang-Lien Khuong Expressway with a length of 103 kilometers and a width of 17 meters. The four-lane route is expected to allow vehicles to run at a speed of 80-100 km/h.
Of the total length, 48 kilometers are in Khanh Hoa and the rest in the Central Highlands province of Lam Dong. The project will be implemented in the public-private partnership (PPP) – build-operate-transfer (BOT) format, with total investment capital estimated at VND36 trillion ($1.48 billion).
The Ministry of Planning and Investment is responsible for scrutinizing a proposal to add VND2.5 trillion ($103 million) from the central budget to the project and reporting to competent authorities for approval, Deputy PM Ha said, adding Lam Dong province must prepare conditions to adjust the project's investment plan right after the proposal is passed.
The Deputy PM also assigned the Ministry of Transport to quickly appraise the basic design of the Tan Phu-Bao Loc Expressway project running through Lam Dong and Dong Nai provinces.
The Ministry of Planning and Investment was tasked with completing an appraisal of the project’s feasibility study, ensuring construction will kick off in the first quarter of 2024. The PPP project had its investment plan approved by Prime Minister Pham Minh Chinh in late 2022.
The expressway is expected to have a total length of 66 kilometers, including 11 kilometers in Dong Nai and 55 kilometers in Lam Dong. In the first phase, the 17-meter road will have four lanes for cars, with a designed speed of 80 km/h. It is expected to be inaugurated in 2026.
Ha also requested Lam Dong province and the transport ministry to complete a pre-feasibility study for a project to renovate the Thap Cham-Da Lat railway.
According to the province’s pre-feasibility report, the Thap Cham-Da Lat railway runs from Phan Rang town and Ninh Son district in Ninh Thuan province to Lam Dong’s Don Duong district and Da Lat town. The 83-kilometer railway is expected to have 16 stations, two more than the old route. The project will be implemented from January 2025 to June 2029.
Vietnam targets building over 3,000 kilometers of expressways by 2025. In the 2000-2021 period, the country opened 1,163 kilometers of expressways. Since 2021, Vietnam has built an additional 566 kilometers of expressways, bringing its total to 1,729 km. A further 1,756 kilometers are under construction.
- Read More
Vietnam among world’s top 15 countries by im-export value: ministry
Vietnam’s import-export turnover is expected to reach $920 billion for the first time in 2025, placing the country among the world’s top 15 by trade value, according to the Ministry of Industry and Trade (MoIT).
Economy - Sun, December 21, 2025 | 11:07 am GMT+7
Dung Quat oil refinery operator BSR targets 187% net profit growth in 2026
Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of Dung Quat - Vietnam’s first oil refinery, expects net profit to surge in 2026, supported by stable oil price assumptions and a major investment plan to expand and upgrade its core refining assets.
Companies - Sun, December 21, 2025 | 8:00 am GMT+7
Dragon Capital-managed VEIL plans trio of 10% tender offers
Vietnam Enterprise Investments Limited (VEIL), the largest foreign-managed equity fund in Vietnam, has announced a tender offer for up to 10% of its issued share capital, with the option to conduct up to two additional tenders over the next year.
Finance - Sat, December 20, 2025 | 11:19 pm GMT+7
Vingroup builds development hubs across multiple sectors
With the groundbreaking and inauguration of 11 large-scale projects on Friday, Vingroup (HoSE: VIC), Vietnam's biggest listed company by market cap, reinforces its role as a pioneering private enterprise in urban development, infrastructure, energy, and industry.
Investing - Sat, December 20, 2025 | 6:32 pm GMT+7
Kinh Bac breaks ground on $437 mln industrial park in northern Vietnam province Thai Nguyen
Kinh Bac City Development Holding Corp (HoSE: KBC) on Friday broke ground on the VND11.5 trillion ($437.06 million) Phu Binh Industrial Park project in Thai Nguyen province.
Industrial real estate - Sat, December 20, 2025 | 5:46 pm GMT+7
Construction giant Fecon starts work on Hanoi metro line, northern Vietnam rail link
Fecon, a leading Vietnamese construction group, on Friday broke ground on two major rail projects: a metro line in Hanoi and a strategic railway linking the capital city with northern localities.
Infrastructure - Sat, December 20, 2025 | 2:08 pm GMT+7
SJ Group to build smart urban area in western Hanoi to bolster Hoa Lac High-tech Park
Vietnam's leading developer SJ Group JSC is outlining plans for its over 1,200-hectare Tien Xuan Smart Urban Area project in Hanoi, which is expected to be a residential and service hub of the Hoa Lac science and technology city.
Real Estate - Sat, December 20, 2025 | 10:36 am GMT+7
Indonesia to deepen role in global semiconductor supply chain
Indonesia is rolling out efforts to identify opportunities and map its natural resources to support the semiconductor industry, as part of a broader strategy to build domestic industrial capacity.
Southeast Asia - Sat, December 20, 2025 | 9:36 am GMT+7
Indonesia to stop rice imports next year
Indonesia will not import rice for either consumption or industrial use next year, citing sufficient domestic production, according to a government official.
Southeast Asia - Sat, December 20, 2025 | 8:00 am GMT+7
Northern Vietnam port city Hai Phong charts sustainable growth path for free trade zone
The establishment of Hai Phong Free Trade Zone (FTZ) is a strategic direction that will elevate the role and position of Vietnam in general and Hai Phong in particular within the global value chain, heard a conference held in the northern port city last week.
Economy - Fri, December 19, 2025 | 8:12 pm GMT+7
Construction begins on $32.5 bln Red River Scenic Boulevard project in Hanoi
The gigantic project Red River Scenic Boulevard, with a preliminary investment of about VND855 trillion ($32.49 billion) in Phu Thuong ward, Hanoi, broke ground on Friday.
Real Estate - Fri, December 19, 2025 | 4:57 pm GMT+7
Major Vietnamese groups kick off mega projects in south-central Vietnam
Vingroup, BIN Corporation, Hoa Phat, and FPT simultaneously broke ground on large-scale projects in south-central Vietnam on Friday, raising expectations for new national growth momentum in the coming period.
Economy - Fri, December 19, 2025 | 4:36 pm GMT+7
Mega-airport Long Thanh in southern Vietnam welcomes first passenger flights
The first passenger flights touched down at Long Thanh International Airport in Dong Nai province on Friday morning, marking the inaugural civil aviation operation at Vietnam’s largest airport.
Economy - Fri, December 19, 2025 | 2:07 pm GMT+7
Vingroup starts work on $35.2 bln Olympic Sports Urban Area on Hanoi outskirts
Vingroup (HoSE: VIC), Vietnam's leading private conglomerate, on Friday broke ground on its 9,171-hectare Olympic Sports Urban Area project in Hanoi, which is expected to become a new growth engine for the southern part of the capital in the next decade.
Real Estate - Fri, December 19, 2025 | 1:59 pm GMT+7
Vietnam telecom giant VNPT establishes AI company
State-owned Vietnam Posts and Telecommunications Group (VNPT) on Thursday launched subsidiary VNPT AI, aiming to bring Vietnamese AI products to international markets.
Companies - Fri, December 19, 2025 | 11:50 am GMT+7
Quang Ngai Sugar develops sugar, biomass power projects worth $179 mln in central Vietnam
Quang Ngai Sugar JSC (UPCom: QNS), a top sugar producer in Vietnam, will simultaneously hold groundbreaking or inauguration ceremonies on Friday for three projects worth over VND4.7 trillion ($178.5 million) in Gia Lai province.
Companies - Fri, December 19, 2025 | 8:05 am GMT+7




















