Major infrastructure investments needed to spur northern midlands, highlands growth in Vietnam
Vietnam should build and upgrade expressways and airports to boost development in the northern midland and highland region, said Singapore-headquartered EnCity International Consulting JSC.

Ta Leng field in Tam Duong commune, Lai Chau province, northern Vietnam. Photo courtesy of Voice of Vietnam (VOV).
It said this region holds an important national security, socio-economic and political position, but faces many challenges and drawbacks.
The northern midland and highland region includes Ha Giang, Tuyen Quang, Cao Bang, Lang Son, Lao Cai, Yen Bai, Thai Nguyen, Bac Kan, Phu Tho, Bac Giang, Hoa Binh, Son La, Lai Chau and Dien Bien provinces.
EnCity International, which is a consultant for the master plan for the northern midland and highland region for the 2021-2030 period, with vision until 2050, outlined several solutions at a feedback gathering conference held in Hanoi on Friday.
It argued that the region plays a decisive role in the energy, water resources and ecological environment for northern Vietnam as a whole, but finds its growth hampered by poor traffic connections.
It still takes a long time to travel within the region and from there to the country’s major economic centers and border trade areas. For instance, to get to Hanoi, the average travel time is over six hours and the maximum travel speed in the East-West direction is just 30-40 km per hour.
Therefore, investment in the North-South Expressway should be prioritized until 2030, and there should be more routes leading to the sea, border gates and socio-economic hubs. The expressway section connecting Hoa Binh and Thanh Hoa provinces and National Highway 16 linking with Thanh Hoa and the north-central region need particular attention, the firm said.
The government and localities also need to upgrade National Highway 4 and National Highway 37 to speed up the East-West connection.
The planned upgrades for the Dien Bien, Lai Chau and Na San (Son La) airports and as well as the new airport in Sapa, a famous tourist attraction in Lao Cai province, will also boost socio-economic development through tourism and increased commerce.
The consultant also proposed adding a high-speed route (80 kilometers per hour) from Hoa Binh to Ninh Binh province in order to increase connectivity with North-South routes.
After 2030, the government and concerned localities should focus on strengthening the East-West connection, and consider investing in the Son La-Yen Bai Expressway (along National Highway 37), cutting travel time from the agricultural product hub of Son La and the northwestern region to major ports by more than an hour as well as linking the Dien Bien-Son La-Yen Bai tourism chain, the firm advised.
An expressway linking Lang Son province and Tien Yen district in Quang Ninh province should be built to have one more route to the sea, it added.
Tap China proximity
Commenting on the master plan, Minister of Planning and Investment Nguyen Chi Dung emphasized the need to boost infrastructure connections with China as this region borders two Chinese provinces - Yunnan and Quangxi. The region should take optimum advantage of its proximity to China, the world’s second largest economy, he reiterated.
“It is necessary to strengthen connections with China to create development momentum for the whole region as well as localities in the plain," he said.
About the proposal to invest in the Hoa Binh-Thanh Hoa expressway, the minister agreed that it was a solution to connect the region with Nghi Son seaport in Thanh Hoa province.
"The routes, when formed, will quickly link remote mountainous provinces with coastal areas, airports, seaports and important border gates," he said.
Four sub-regions
EnCity International also proposed dividing the northern midland and highland region into four sub-regions, six economic corridors, three belts and growth poles to create closely linked areas capable of sharing infrastructure effectively.
Sub-region 1 will be a green growth area associated with sustainable agriculture, eco-tourism and clean energy, with Hoa Binh as the growth pole and Son La as the center of agricultural product processing and social services.
Sub-region 2 will be a major tourist area, a hub for economic and cultural exchanges with Yunnan and other southwestern provinces of China with two growth poles in Lao Cai and Phu Tho.
Sub-region 3-Thai Nguyen province will be the medical, tourism and industrial center of the whole region, as well as a place to preserve history with the potential to develop tours of historical relic sites.
Sub-region 4, including Lang Son and Bac Giang, will be a place of great growth and the industrial center of the region. This sub-region has one of the country's most important international border gates connecting with Guangxi and other southern provinces of China. Bac Giang can also be developed into the region's semiconductor industry hub and one of the country's centers in this industry.
- Read More
Viettel Post-invested $27 mln logistics center project breaks ground in central Vietnam
Viettel Post, a subsidiary of military-run Viettel Group, has broken ground on an over VND722 billion ($27.41 million) logistics center project in Danang city, which is expected to enhance the logistics capacity of Vietnam's central and Central Highlands regions.
Industries - Sun, October 19, 2025 | 7:35 pm GMT+7
Vietnam's stock market regulator introduces green bond disclosure handbook
By enhancing transparency and standardizing disclosures, the Green Bond Disclosure Handbook that the State Securities Commission of Vietnam (SSC) introduced will build investor trust, reduce greenwashing risks, and support the growth of a credible and resilient green finance market in Vietnam.
Finance - Sun, October 19, 2025 | 2:11 pm GMT+7
Central Vietnam province Lam Dong seeks investment for 72 projects
The Lam Dong province People's Committee has called for investment in 72 projects across various sectors which are set for implementation in 2025 and the 2026-2030 period.
Industries - Sun, October 19, 2025 | 1:31 pm GMT+7
Vietnam's leading conglomerate Vingroup ventures into senior living market
Vingroup JSC (HoSE: VIC) has unveiled Vin New Horizon, a network of premium retirement and wellness communities built to international standards, marking the Vietnamese conglomerate’s strategic entry into the senior living market.
Industries - Sun, October 19, 2025 | 12:28 pm GMT+7
Vietnam’s agri major HAGL makes surprise return to property, saying land plot forgotten for 15 years
Vietnam’s agri major Hoang Anh Gia Lai JSC's (HAGL) return to real estate is an accident, after discovering a plot of land the company had “forgotten for 15 years” during its boom years, said chairman Doan Nguyen Duc.
Companies - Sun, October 19, 2025 | 10:02 am GMT+7
REE to set up 2 subsidiaries for wind projects in southern Vietnam
Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (HoSE: REE) has decided to establish two wholly-owned subsidiaries to develop two wind power projects in Vinh Long province, expanding its renewable energy portfolio in southern Vietnam.
Energy - Sun, October 19, 2025 | 8:00 am GMT+7
Australian CEO detained, NSH Petro’s recovery hopes collapse
The recovery prospects of NSH Petro (PSH) have dimmed after its Australian CEO was detained on allegations of fraud involving false promises of billion-dollar financing that led to the misappropriation of nearly $4.9 million.
Companies - Sat, October 18, 2025 | 6:53 pm GMT+7
Maintaining market status upgrade a bigger challenge: official
Vietnam's stock market status will be upgraded by FTSE Russell from "frontier" to "secondary emerging" from September 21 next year, but continued reform is critical as the bigger challenge is to maintain the new classification, said a market watchdog official.
Finance - Sat, October 18, 2025 | 1:30 pm GMT+7
HCMC partners with Nasdaq to develop int’l financial center
The Finance Department of Vietnam’s southern metropolis Ho Chi Minh City has signed an MoU with the U.S.-based stock exchange Nasdaq on the development of an international financial center (IFC).
Top News - Sat, October 18, 2025 | 11:56 am GMT+7
Vingroup plans $325 mln issuance of international bonds
Vietnam's leading private conglomerate Vingroup (HoSE: VIC) has announced a board of directors resolution to issue $325 million worth of international bonds, with a five-year term and a yield of 5.5% per year.
Companies - Sat, October 18, 2025 | 10:26 am GMT+7
Vietnam raises personal income tax deductions by over 40%
The Standing Committee of Vietnam’s National Assembly, the country's legislature, on Friday approved a resolution on adjusting personal income tax (PIT) deductions, marking a significant increase of over 40% from current levels.
Economy - Sat, October 18, 2025 | 9:11 am GMT+7
EVN subsidiary spreads the spirit of solidarity, compassion
The employees of National Power Transmission Corporation (EVNNPT) came together in an inspiring display of unity and compassion in October, each donating one day’s salary to support and express solidarity with the people of Cuba - a nation that has long shared a special friendship with Vietnam.
Companies - Sat, October 18, 2025 | 9:00 am GMT+7
Property fever prompts tighter inspection in central Vietnam's economic hub Danang
Chairman of Danang city People’s Committee, Pham Duc An, has ordered a comprehensive inspection and audit of land valuation and auction activities to prevent and address market manipulation that could destabilize the local property market.
Real Estate - Sat, October 18, 2025 | 8:00 am GMT+7
Vietnam mulls opening door for private investment in small modular reactors
Vietnam’s Ministry of Industry and Trade has drafted a parliamentary resolution that, for the first time, would allow private companies to participate in the development of small modular nuclear reactors (SMRs).
Energy - Fri, October 17, 2025 | 4:37 pm GMT+7
Kido seeks buyer for remaining 49% stake in frozen food affiliate
Kido Group (HoSE: KDC), a leading food company in Vietnam, has approved a plan to divest the firm's remaining 49% stake in its affiliate Kido Frozen Food JSC (Kido Foods).
Companies - Fri, October 17, 2025 | 4:25 pm GMT+7
Le Ngoc Quang appointed Danang city's Party chief
Le Ngoc Quang, a Party Central Committee member and Party chief of Quang Tri province, has been appointed Party chief of Danang for the 2025-2030 term - the highest position in the city, central Vietnam's economic hub.
Politics - Fri, October 17, 2025 | 4:17 pm GMT+7