Ninh Binh tables plan for $358 mln expressway to connect with Nam Dinh
Ninh Binh authorities have proposed a VND8.45 trillion ($358.43 million) investment to construct a four-lane, 25km expressway connecting Ninh Binh with Nam Dinh in northern Vietnam.
The Cao Bo-Mai Son Expressway project (Nam Dinh-Ninh Binh). Photo courtesy of Dan Tri newspaper.
Designed for speeds of up to 120 km/h, the expressway's starting point would be at the intersection of Ninh Binh province's Mai Son town and the North-South Expressway.
It will run to Tam Hoa Bridge in Ninh Binh's Yen Khanh district across the Day River to Nam Dinh province.
The proposed expressway would have a width of 15 meters.
The Ninh Binh People's Committee said the project would be constructed using public investment.
If approved, Ninh Binh province will complete an investment dossier and procedures to commence construction in 2024 and complete the project in 2026.
After construction, the expressway from Ninh Binh to Nam Dinh will connect to the soon-to-be-completed Mai Son-National Highway 45 Expressway, relieving traffic congestion on the Cao Bo-Mai Son route.
This expressway will also connect the entire eastern area of Ninh Binh province and Nga Son district in Thanh Hoa province.
The Ninh Binh-Nam Dinh expressway is a component of the Ninh Binh-Hai Phong Expressway which passes through Ninh Binh, Nam Dinh, Thai Binh and Hai Phong, and is part of the country's expressway network plan.
This expressway is 80 km long, divided into two projects: the section through Ninh Binh province and the section through Nam Dinh and Thai Binh provinces, and has an investment of more than VND22.1 trillion ($937.43 million).
- Read More
Vietnam appoints Pham Duc An as central bank governor
Vietnam’s National Assembly, the country's legislature, has approved the appointment of Pham Duc An as Governor of the State Bank of Vietnam for the 2026-2031 term.
Politics - Wed, April 8, 2026 | 10:54 pm GMT+7
Central Vietnam hub Danang plans southern urban expansion
Danang city, the heart of central Vietnam, will expand its urban footprint southward to ease pressure on the city center, optimize land use, and strengthen links with neighboring urban areas, according to a decision recently issued by the Prime Minister.
Economy - Wed, April 8, 2026 | 8:39 pm GMT+7
Vietnam stocks surge on market status upgrade outlook, strong inflows
Vietnam’s benchmark VN-Index surged on Wednesday on optimism over a planned market status upgrade and improved liquidity, with gains broad-based across sectors.
Finance - Wed, April 8, 2026 | 8:03 pm GMT+7
Burger King exits Hanoi amid intense competition in Vietnam
Burger King has officially shut down all of its outlets in Hanoi after more than a decade of operations, marking a full exit from the Vietnamese capital and highlighting intensifying challenges for international fast-food chains in Vietnam.
Companies - Wed, April 8, 2026 | 5:01 pm GMT+7
Vietnam parliament approves new finance, industry ministers
Vietnam’s National Assembly on Wednesday approved the appointments of Ngo Van Tuan as Minister of Finance and Le Manh Hung as Minister of Industry and Trade for the 2026-2031 term.
Politics - Wed, April 8, 2026 | 2:59 pm GMT+7
Six Deputy Prime Ministers appointed for Vietnam's new-term Government
Vietnam's new-term Government will have six Deputy Prime Ministers, namely Pham Gia Tuc, Phan Van Giang, Pham Thi Thanh Tra, Ho Quoc Dung, Nguyen Van Thang, and Le Tien Chau.
Politics - Wed, April 8, 2026 | 2:54 pm GMT+7
FTSE Russell names 32 Vietnamese stocks eligible for emerging-market index inclusion
FTSE Russell has named 32 Vietnamese stocks that met the FTSE Global All Cap index eligibility screens based on data as of December 31, 2025.
Finance - Wed, April 8, 2026 | 1:57 pm GMT+7
$2.2 bln thermal power plant in central Vietnam fully comes online as second turbine begins commercial operations
Vung Ang II thermal power plant has brought its second turbine into commercial operation, completing one of Vietnam’s largest foreign-invested coal-fired power projects and reinforcing baseload supply in the central region.
Energy - Wed, April 8, 2026 | 8:26 am GMT+7
FTSE Russell confirms Vietnam's market status upgrade to secondary emerging from Sept 21
FTSE Russell on Tuesday confirmed the reclassification of Vietnam from frontier to secondary emerging market status, effective from September 21, 2026, as the country "meets all criteria" for the status.
Economy - Wed, April 8, 2026 | 8:07 am GMT+7
Becamex-Thaco consortium eyes $4.7 bln metro line project in southern Vietnam
A consortium between two industrial giants, Becamex IDC and Thaco, has proposed investing more than VND124 trillion ($4.71 billion) to build two metro lines connecting Ho Chi Minh City's center with the adjacent Binh Duong ward, in a move that could reshape transport links across Vietnam’s southern economic hub.
Infrastructure - Tue, April 7, 2026 | 5:02 pm GMT+7
Sovico-HDBank consortium proposes $1.84 bln landmark tower in HCMC int’l financial center
A consortium comprising Vietnam’s private conglomerate Sovico Group and HDBank (HoSE: HDB) has proposed investing $1.84 billion to develop a 99-story financial tower in Ho Chi Minh City, intensifying competition to shape the skyline of Vietnam’s planned International Financial Center.
Real Estate - Tue, April 7, 2026 | 4:48 pm GMT+7
Le Minh Hung elected as Vietnam's Prime Minister
The National Assembly, Vietnam's legislature, has elected Le Minh Hung, head of the Party Central Committee's Organization Commission, as Prime Minister for the 2026-2031 term.
Politics - Tue, April 7, 2026 | 3:23 pm GMT+7
USD/VND exchange rate remains under upward pressure amid inflation risks
The Vietnamese dong is facing persistent pressure against the U.S. dollar, as rising import-driven inflation risks complicate policymakers’ task of balancing price stability, exchange rate management and economic growth.
Banking - Tue, April 7, 2026 | 1:46 pm GMT+7
Heavyweight investors to shape southern Danang’s industrial future
A wave of major corporations, including Thaco, Geleximco, and Bin Corporation, is accelerating investment in industrial zones in the southern part of Vietnam's central hub Danang city, helping to shape a green, modern, and high value-added industrial ecosystem.
Industries - Tue, April 7, 2026 | 11:42 am GMT+7
Vietnam's Party chief To Lam elected State President
To Lam, Vietnam's Party General Secretary - the highest position in the country, has been elected as State President for the 2026-2031 term.
Politics - Tue, April 7, 2026 | 10:05 am GMT+7
After Petrovietnam divestment, Petrosetco reveals major ambitions, prepares to welcome strategic investors
Following the divestment by state-owned giant Petrovietnam, Petrosetco is preparing for its biggest moves in years: increasing charter capital to over VND2.6 trillion ($98.71 million), investing in real estate, and entering water infrastructure projects.
Companies - Tue, April 7, 2026 | 8:55 am GMT+7



















