North-South Expressway must extend to Ca Mau Cape: PM

By Lan Do
Sat, December 9, 2023 | 8:50 pm GMT+7

The North-South Expressway should run all the way to Ca Mau Cape instead of Ca Mau town as currently planned, said Prime Minister Pham Minh Chinh.

He said this Saturday during a visit to the construction site of the Can Tho-Ca Mau Expressway project, which is part of the eastern section of the North-South Expressway.

The shortest, straightest extension proposed by the PM would be 70 km long.

The four-lane, 110 km long Can Tho-Ca Mau Expressway is being built at a cost of more than VND27,200 billion ($1.12 billion). Work on what is considered the most important route in the Mekong Delta region, which connects many provinces and cities with 128 bridges, began early this year.

Prime Minister Pham Minh Chinh at the Ca Mau airport, December 9, 2023. Photo courtesy of the goverment's news portal.

Prime Minister Pham Minh Chinh at the Ca Mau airport, December 9, 2023. Photo courtesy of the goverment's news portal.

Site clearance work is basically complete, except for land related to 80 households in five provinces. The source of foundation materials is also basically guaranteed, the PM learnt. He was also told that the project was 15% complete.

The Ministry of Transport said it would collect comments on the draft adjustments to the road network plan for the 2021-2030 period (with vision to 2050). In particular, the North-South Expressway eastern section will be extended 90 km for a lotal length of 2,153 km and it will be expanded from four to 10 lanes.

The North-South Expressway starts from Huu Nghi border gate in Lang Son province to Dat Mui in Ngoc Hien district, Ca Mau province.

The four-lane 90-kilometer Ca Mau-Dat Mui extension section will be invested in before 2030. It is estimated that this section will be used by 18,300-20,100 cars per day.

Upgrade Ca Mau airport

In addition to the expressway construction site, the PM also visited the Ca Mau airport, which dates back to the French colonial times. Its 1,500m long, 30m wide runway can only accommodate small aircraft. For many years, it was used for just one route Ca Mau-Ho Chi Minh City, which operates five flights a week.

Since April 29 this year, the airport has hosted another route, Ca Mau-Hanoi, with three flights a week. The flights are always crowded, but their frequency has to be limited because of the airport’s limited capacity.

Prime Minister Chinh asked the province to upgrade the airport so that it can receive larger aircraft.

The Mekong Delta province of Ca Mau is the nation’s southernmost locality. It forms a peninsula with a 254 km coastline and has large fishing grounds of about 80,000 km2, and rich aquatic resources. Its aquaculture area covers more than 300,000 hectares. The province is the country’s biggest shrimp producer. Its annual export turnover of over $1 billion comes mainly from seafood.

Currently, Ca Mau has nearly 5,000 businesses with a total registered capital of about VND62,000 billion ($2.55 billion), and 446 active investment projects, with a total registered capital of over VND144,612 billion ($5.96 billion), including nine FDI projects with a total registered capital of $153.4 million.

Comments (0)
  • Read More
Vietnam investment environment favorable for strategic M&A opportunities: KPMG

Vietnam investment environment favorable for strategic M&A opportunities: KPMG

With inflation under control, projected growth of 5.8% and public debt kept manageable this year, Vietnam’s investment environment offers strategic opportunities, especially in M&A, says audit and consulting firm KPMG.

Economy - Thu, May 2, 2024 | 4:59 pm GMT+7

PV Gas sees Q1 net profit go down 26% to $99 mln

PV Gas sees Q1 net profit go down 26% to $99 mln

PV Gas, Vietnam’s largest dry gas and LPG supplier, earned consolidated net profits of VND2,511.66 billion ($98.96 million) in Q1/2024, down 26.5% year-on-year.

Companies - Thu, May 2, 2024 | 3:38 pm GMT+7

Key infrastructure projects face site clearance issues, material shortages

Key infrastructure projects face site clearance issues, material shortages

Progress of the Long Thanh international airport project and component projects for the North-South Expressway’s eastern section in the 2021-2025 period is being held back by uneven site clearance and material shortages.

Infrastructure - Thu, May 2, 2024 | 3:35 pm GMT+7

Ba Ria-Vung Tau province health department head in trouble for bidding rules violations

Ba Ria-Vung Tau province health department head in trouble for bidding rules violations

Legal proceedings have been initiated against Pham Minh An, director of Ba Ria-Vung Tau province's Department of Health for alleged bidding regulation violations related to equipment supply for a hospital.

Society - Thu, May 2, 2024 | 3:21 pm GMT+7

USD weakens slightly against VND after Fed holds rates steady

USD weakens slightly against VND after Fed holds rates steady

The U.S. dollar slid against the Vietnamese dong (VND) on Thursday morning hours after the U.S. Federal Reserve (Fed) kept its policy rate unchanged in the 5.25-5.50% range.

Banking - Thu, May 2, 2024 | 11:37 am GMT+7

PV Gas takes delivery of third LNG batch to meet rising power demand

PV Gas takes delivery of third LNG batch to meet rising power demand

PV Gas, the gas production arm of state-owned Petrovietnam, has taken delivery of its third batch of liquefied natural gas (LNG) to meet demand for power generation as the country battles to cope with a prolonged heat wave.

Energy - Thu, May 2, 2024 | 10:52 am GMT+7

Vietnam factory activity returns to growth on new orders: S&P

Vietnam factory activity returns to growth on new orders: S&P

The Vietnamese manufacturing sector returned to growth in April as a solid expansion of new orders fed through to a renewed increase in production, according to S&P Global.

Economy - Thu, May 2, 2024 | 9:25 am GMT+7

HCMC well off target of 8 metro lines by 2035

HCMC well off target of 8 metro lines by 2035

Vietnam’s southern economic hub Ho Chi Minh City seems to be falling well short of its goal of building eight metro lines totaling 200 kilometers by 2035 because none have been put into operation thus far.

Infrastructure - Thu, May 2, 2024 | 9:14 am GMT+7

Vietnam property market past most difficult period: expert

Vietnam property market past most difficult period: expert

The Vietnamese real estate market has gone through its most difficult period, and businesses or investors that have survived have done so through strong experience and resources, said Nguyen Van Dinh, chairman of the Vietnam Association of Realtors (VARS).

Real Estate - Thu, May 2, 2024 | 8:17 am GMT+7

Seven must-visit places in Dien Bien province

Seven must-visit places in Dien Bien province

The northwestern mountainous province of Dien Bien has many charming places to visit, in addition to historical relic sites related to the Dien Bien Phu Campaign.

Travel - Wed, May 1, 2024 | 10:42 pm GMT+7

Vietnam's economy: positive changes but concerns persist

Vietnam's economy: positive changes but concerns persist

Vietnam's economic picture is looking more positive with numerous bright spots, but many difficulties remain, especially market confidence, concerns about private investment, and social consumption, writes Dr. Vo Tri Thanh, director of the Institute for Brand and Competitiveness Strategy.

Opinion - Wed, May 1, 2024 | 6:32 pm GMT+7

Major industrial park developer Kinh Bac suffers setback with $3 mln Q1 loss

Major industrial park developer Kinh Bac suffers setback with $3 mln Q1 loss

Vietnamese industrial park developer Kinh Bac Urban Development Corporation recorded Q1/2024 losses of VND76.7 billion ($3 million), a setback considering its annual profit target of VND4,000 billion ($157.8 million).

Industrial real estate - Wed, May 1, 2024 | 3:51 pm GMT+7

Founder of Vietnam’s ACB bank passes away

Founder of Vietnam’s ACB bank passes away

Asia Commercial Bank founder Tran Mong Hung, father of the current chairman Tran Hung Huy, passed away Thursday. He was 72.

Banking - Wed, May 1, 2024 | 3:37 pm GMT+7

Singapore Management University opens office in HCMC

Singapore Management University opens office in HCMC

Singapore Management University (SMU) has chosen to open a representative office in Vietnam after Indonesia and Thailand as part of its vision to 2025.

Companies - Wed, May 1, 2024 | 3:18 pm GMT+7

Exhibition displays 300 artefacts of Dien Bien Phu Campaign

Exhibition displays 300 artefacts of Dien Bien Phu Campaign

The thematic exhibition named "Dien Bien Phu Victory - An Eternal Epic" showcases some documentaries and artefacts for the first time to the public about Dien Bien Phu Campaign.

Travel - Wed, May 1, 2024 | 3:02 pm GMT+7

Six dead as boiler explodes at southern Vietnam wood factory

Six dead as boiler explodes at southern Vietnam wood factory

Six persons including a Chinese national died and five others were injured after a boiler exploded Wednesday morning at a wooden products factory in Vinh Cuu district, Dong Nai province.

Society - Wed, May 1, 2024 | 2:55 pm GMT+7