PM sets construction, completion deadlines for key transport projects in Vietnam
Prime Minister Pham Minh Chinh has requested the Ministry of Transport and relevant agencies to accelerate work on major projects across the country, and provided deadlines for either construction or completion.
The PM, also head of the Steering Committee for Key National Transport Projects, demanded such acceleration while chairing the 5th session of the committee Wednesday, held to help remove difficulties and obstacles facing key works.

Prime Minister Pham Minh Chinh (middle) chairs the meeting on April 12, 2023. Photo courtesy of the government portal.
The committee, at the meeting, reviewed and evaluated the implementation of 31 key national transport projects, including North-South Expressway, East-West Highway connecting six socio-economic regions, the ring roads in Hanoi and Ho Chi Minh City, urban railways in the two largest cities, Long Thanh International Airport in Dong Nai province next to HCMC, and Passenger Terminal T3 at Tan Son Nhat International Airport in HCMC.
Expressway projects under construction, including Mai Son-National Highway 45, Dau Giay-Phan Thiet, and Phan Thiet-Vinh Hao, must be put into operation no later than April 30, the PM said.
For the three expressway projects of Chau Doc-Can Tho-Soc Trang, Bien Hoa-Vung Tau, and Khanh Hoa-Buon Ma Thuot, construction must start by June 30, the government leader said.
June 30 is also the deadline to begin construction of Ring Road 4 in the Hanoi region and Ring Road 3 in the HCMC region.
For the Ninh Binh-Nam Dinh-Thai Binh Expressway project in the three northern provinces, it is necessary to review the investment size, Chinh told the meeting.

An expressway section in northern Vietnam. Photo courtesy of newspaper VnEconomy magazine.
As for the Long Thanh International Airport project, expected to help ease congestion at Tan Son Nhat International Airport, the PM requested the transport ministry, state agencies and the country’s Committee for the Management of State Capital at Enterprises (CMSC) to work out measures to speed up the construction, ensure quality, and organize open and transparent bidding to select capable contractors for the major project.
The ministry was asked, in coordination with the Ministry of Agriculture and Rural Development, the Ministry of Natural Resources and Environment, and related localities, to submit to the government and the National Assembly a proposal for adjustment of forest and rice cultivation land areas under the North-South Expressway project in the 2021-2025 period.
The Ministry of Planning and Investment was requested to speed up adjustment of the implementation time of the Ben Thanh-Tham Luong Urban Railway Project in HCMC, and appraisal of the investment adjustment of the Tuyen Quang-Phu Tho Expressway project.
The Ministry of Finance was told to work with partners, donors, and related agencies to discuss an agreement for the 4th credit line for the Ben Thanh-Suoi Tien Urban Railway project in HCMC.
The Ministry of Construction was required to rapidly collect appraisals from authorized agencies for sub-projects in Ring Road 4 in the Hanoi region.
The PM requested the Committee for the Management of State Capital at Enterprises to properly select competent contractors for the Passenger Terminal T3 project at Tan Son Nhat Airport.
- Read More
Japanese retailer Aeon to build 2-hectare mall in Vietnam’s Mekong Delta
Retail giant Aeon will develop a 2-hectare mall in the Mekong Delta province of Tien Giang, with an estimated investment of VND1.16 trillion ($44.6 million).
Industries - Fri, May 30, 2025 | 4:44 pm GMT+7
76% of Vietnamese survey respondents say trade uncertainty encourages them to explore new opportunities: HSBC
Vietnamese businesses have experienced exponentially higher cost increases than the global average and are expecting additional short-term costs due to trade uncertainty. But many survey respondents (76%) think trade uncertainty has encouraged their business to evolve and explore new opportunities, write HSBC analysts.
Consulting - Fri, May 30, 2025 | 2:41 pm GMT+7
AgriS partners with IFC: Optimizing environmental and social management system, accelerating net zero 2035 goal
TTC AgriS (Thanh Thanh Cong-Bien Hoa JSC or AgriS) and International Finance Corporation (IFC) - a member of the World Bank Group - has signed an MoU to strengthen sustainable development governance in alignment with global standards.
Companies - Fri, May 30, 2025 | 2:30 pm GMT+7
Vietnam's stock market attractively priced: Finnish fund PYN Elite
Vietnam’s stock market is attractively priced, with a price-to-sales (P/S) ratio of 1.3, said Petri Deryng, portfolio manager at Finnish investment fund PYN Elite.
Finance - Fri, May 30, 2025 | 2:09 pm GMT+7
S Korea's SK Group eyes 3 LNG power projects in Vietnam: chairman
SK Group, South Korea’s second-largest chaebol, is exploring several LNG-fueled power projects in Vietnam, including three proposed to be included in the country's green growth project portfolio, said chairman Tae-Won Chey.
Energy - Fri, May 30, 2025 | 1:37 pm GMT+7
Vietnam's Hoa Phat Group to become Southeast Asia’s first producer of steel rails for high-speed railways
Hoa Phat Group, a top steelmaker in Vietnam, on Thursday signed an agreement with Germany’s SMS Group under which the latter will provide the former technology and production lines for manufacturing steel rails and shaped steel, with an annual capacity of 700,000 tons.
Companies - Fri, May 30, 2025 | 11:48 am GMT+7
Vietnamese firm lands first $1 mln order on Alibaba after 8-year struggle to export
After five months of operating a virtual storefront on Alibaba’s B2B e-commerce platform, Sukavina Co., Ltd., a Binh Duong province-based manufacturer of metal tables, chairs, and beds, secured its first international order, marking a significant milestone in the company’s eight-year journey to global markets.
Companies - Fri, May 30, 2025 | 9:00 am GMT+7
Vietnam's telco giant Viettel signs deal with France’s John Cockerill Defense
Viettel High Tech, the core military and civilian R&D arm of Vietnam’s military-run telecom giant Viettel, has signed a cooperation agreement with John Cockerill Defense, a leading weapon designer and manufacturer in France.
Companies - Thu, May 29, 2025 | 9:14 pm GMT+7
MB showcases comprehensive financial solution Biz MBBank at Digital Transformation Day event
Vietnam's leading bank MB on Thursday introduced its latest digital technology solutions, notably the Biz MBBank digital financial platform, at the "Smart Digital Ecosystem in the New Era" event organized by the central bank.
Companies - Thu, May 29, 2025 | 8:02 pm GMT+7
Vietnam's auto distributor TMT to launch $3.8 mln charging station firm
Vietnamese auto distributor TMT Motors has announced the establishment of a charging station company with a charter capital of VND100 billion ($3.84 million).
Companies - Thu, May 29, 2025 | 4:45 pm GMT+7
US's Excelerate Energy affirms intention to turn Vietnam into LNG hub for ASEAN
Excelerate Energy wants to make Vietnam a center for LNG distribution to the ASEAN region, president and CEO Steven Kobos told Prime Minister Pham Minh Chinh at a meeting in Hanoi on Thursday.
Energy - Thu, May 29, 2025 | 4:33 pm GMT+7
Bourse shifts to heat up Vietnam's banking stocks
Several Vietnamese banks are planning to move their shares from the Unlisted Public Companies Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE) this year, creating new momentum for banking stocks, long dubbed the “king” group.
Finance - Thu, May 29, 2025 | 2:48 pm GMT+7
Dairy giant TH Group proposes 5 projects in southern Vietnam
TH Group, one of Vietnam’s leading dairy producers, has proposed five major projects in the southern province of Binh Phuoc, in the fields of industrial production and urban area, golf course and high-tech agricultural production zone developments.
Industries - Thu, May 29, 2025 | 12:02 pm GMT+7
2024 cyberattack 'a blessing in disguise' for Vietnam's leading broker VNDirect: chairwoman
The cybersecurity breach that major Vietnamese brokerage VNDirect Securities encountered in 2024 was "an unfortunate incident, but also a lucky chance", chairwoman Pham Minh Huong said on Wednesday.
Finance - Thu, May 29, 2025 | 9:48 am GMT+7
Vietnam prioritizes smart, green seaport projects: Deputy PM
Vietnam encourages smart and green seaport investments, as technical barriers related to CO2 emissions and CO2 taxes begin to be tightened up globally.
Infrastructure - Wed, May 28, 2025 | 10:07 pm GMT+7
New Zealand, Vietnam expand timber trade partnership
New Zealand Forestry and Trade Minister Todd McClay on Tuesday unveiled a new bilateral agreement with Vietnam designed to boost timber exports and remove potential trade barriers in the two countries' forestry sectors.
Companies - Wed, May 28, 2025 | 8:53 pm GMT+7