Ninh Binh-Hai Phong expressway construction must begin this year: Deputy PM
Deputy Prime Minister Le Van Thanh said Tuesday that construction of the Ninh Binh-Hai Phong expressway should start this year.
The six-lane 79km expressway will run through the northern provinces of Ninh Binh (18 km), Thai Binh (32.7 km) and Nam Dinh (28.7 km) before reaching Hai Phong City.
“The expressway is of great significance as it will be a corridor connecting cities and provinces to airports and seaports, creating momentum for the development of southern Hanoi, the Red River Delta and the north-central region as a whole,” he told local authorities.
The project is expected to be implemented as a public-private partnership (PPP).
Cau Gie-Ninh Binh Expressway in northern Vietnam. Photo courtesy of Dau tu newspaper.
The Thai Binh People’s Committee, which is the state agency managing the project, noted that project will abide by the Prime Minister Pham Minh Chinh’s request to avoid urban areas and crowded zones to reduce site clearance costs.
Earlier this month, the Prime Minister had asked the four northern localities to study investment in the Ninh Binh-Hai Phong Expressway as a PPP project due to state budget constraints.
- Related News
- Read More
Vietnam's taxi operator Vinasun forecasts 16% profit fall amid tough competition
Vietnam's major taxi operator Vinasun expects profit to decline further in 2026 even as it plans to modestly grow revenue and upgrade its fleet, highlighting the continued pressure from ride-hailing platforms and rising operating costs.
Companies - Sun, April 12, 2026 | 10:26 am GMT+7
Vietnam banks cut deposit rates as state lenders join easing trend
Vietnamese banks have begun lowering deposit rates in a coordinated move following guidance from the State Bank of Vietnam, with major state-owned lenders joining the trend to help steer market conditions.
Banking - Sun, April 12, 2026 | 8:00 am GMT+7
Sun Group, Dragone partner to elevate Vietnam’s live entertainment scene
Sun Group on Friday entered into a strategic partnership with Dragone, a Belgium-based creator and producer of large-scale live entertainment, marking a new chapter for Vietnam’s cultural and entertainment industry and the beginning of a flagship show envisioned for APEC 2027.
Companies - Sat, April 11, 2026 | 9:05 pm GMT+7
BIN Corporation proposes $3 bln high-tech project in central Vietnam
BIN Corporation, a Vietnamese multi-sector group headquartered in Ho Chi Minh City, has proposed to invest $3 billion in an AI data, renewable energy, and high-tech workforce training complex in the central province of Dak Lak.
Industries - Sat, April 11, 2026 | 5:17 pm GMT+7
Gelex Electric plans 75% bonus share issue to boost capital
Gelex Electric (HoSE: GEE) plans to issue 274.4 million bonus shares to existing shareholders in a move to increase its charter capital by 75%.
Companies - Sat, April 11, 2026 | 10:08 am GMT+7
Vietnam retains top spot in Adidas global sourcing
Adidas continues to rely heavily on Vietnam as its largest sourcing base, with the Southeast Asian country accounting for more than a quarter of the company’s global production as supply chains remain concentrated in Asia.
Companies - Sat, April 11, 2026 | 8:17 am GMT+7
Meiko Electronics expands Vietnam footprint with new $50 mln unit amid supply chain shift
Meiko Electronics is stepping up its investment in Vietnam with a new $50 million subsidiary, as the Japanese printed circuit board maker positions itself to capture rising demand from global clients relocating supply chains to Southeast Asia.
Industries - Fri, April 10, 2026 | 9:29 pm GMT+7
Shinhan Bank expands POS business, collaborates with VNPAY to promote digital payments
Shinhan Bank Vietnam Limited is promoting the expansion of POS (point of sale) business, gradually affirming its position in Vietnam’s digital payment market.
Banking - Fri, April 10, 2026 | 8:35 pm GMT+7
Vietnam enters phase of in-depth, selective FDI attraction: report
The 2025 Annual Report on Foreign Direct Investment (FDI) in Vietnam highlighted a qualitative shift in FDI inflows, with a notable increase in investment directed toward service sectors such as real estate, wholesale-retail, logistics, science-technology, waste treatment, and accommodation services.
Economy - Fri, April 10, 2026 | 8:05 pm GMT+7
Vietnam an increasingly important pillar in KURZ’s Asia strategy: exec
Vietnam offers more than cost competitiveness. The country is increasingly demonstrating operational reliability and ability to build long-term, trust based partnerships - factors that are particularly important for European investors, says Waegner Thomas Fritz, general director of KURZ Vietnam.
Executive Talk - Fri, April 10, 2026 | 4:25 pm GMT+7
Vietnam government has responded swiftly to energy supply disruptions: ADB country director
Shantanu Chakraborty, ADB country director for Vietnam, has praised the Vietnamese Government on its having responded swiftly to the energy supply disruptions triggered by Middle East tensions.
Economy - Fri, April 10, 2026 | 3:52 pm GMT+7
Vietnam's private lender ACB records 17 growth in Q1 profit, accelerates ecosystem expansion
Amid ongoing economic volatility, Vietnam’s Asia Commercial Bank (ACB) remains on track with its 2026 business plan, reporting estimated pre-tax profit of VND5.4 trillion ($205.09 million) in Q1, up 17% year-on-year and achieving 24% of its full-year target.
Banking - Fri, April 10, 2026 | 2:03 pm GMT+7
OKX to join Vietnam’s pilot program for regulated crypto asset trading
OKX, a leading global Web3 technology company and crypto exchange, on Friday announced its strategic investment in Vietnam Prosperity Crypto Asset Exchange JSC (CAEX), a move that will help the company join Vietnam’s pilot program for regulated crypto asset trading.
Companies - Fri, April 10, 2026 | 12:33 pm GMT+7
Vietnam commercial banks agree to lower interest rates
Vietnam’s commercial banks reached a strong consensus on efforts to reduce interest rates to support the economy at a meeting held by the State Bank of Vietnam (SBV) on Thursday.
Banking - Fri, April 10, 2026 | 11:21 am GMT+7
Vietnam’s registered FDI rebounds on back of 2 mega investments
Two newly registered projects with combined investment capital of more than $6.2 billion in March helped reverse the downward trend of foreign direct investment (FDI) into Vietnam after two consecutive months of decline.
Economy - Fri, April 10, 2026 | 9:10 am GMT+7
Hyundai-backed HVS starts building new pier in central Vietnam for shipbuilding capacity expansion
HD Hyundai Vietnam Shipbuilding Co., Ltd. (HVS) has broken ground on a fourth pier at its shipyard in central Vietnam, marking a strategic expansion aimed at boosting output and reinforcing its position in the global shipbuilding industry.
Infrastructure - Thu, April 9, 2026 | 10:56 pm GMT+7
