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
Vietnam consumer credit enters new growth cycle
After the decrease in consumer capital demand, negative growth, and peaking bad debts in 2023, Vietnam’s consumer financial market is entering a new growth cycle, backed by positive signs from the macroeconomic environment.
Finance - Sun, February 16, 2025 | 3:19 pm GMT+7
Vietnam property investors seek new opportunities in provincial markets
Real estate investors in Vietnam, both individuals and organizations, are shifting their investments from city centers to suburban regions and neighboring provinces where land remains abundant and significant investments are being made in infrastructure, particularly in transportation.
Real Estate - Sun, February 16, 2025 | 2:00 pm GMT+7
Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com
Booking.com, the world's leading digital travel company, has suggested some destinations in Vietnam for those seeking spiritual enrichment and a chance for reflection and connection, including Ba Den mountain and Bai Dinh pagoda.
Travel - Sun, February 16, 2025 | 10:59 am GMT+7
Malaysia takes the lead in data center development
Malaysia is making efforts to align with the global trend towards digitalization, which is driving demand for data centers, cloud computing, blockchain, and artificial intelligence (AI).
Southeast Asia - Sun, February 16, 2025 | 10:57 am GMT+7
WB sees Thai fiscal risks mounting due to spending surge
Thailand’s pursuit of an expansionary fiscal policy strategy to propel growth faces the risk of rising costs for elderly care, investment and the need to keep public debt level to sustainable levels, according to the World Bank.
Southeast Asia - Sun, February 16, 2025 | 10:41 am GMT+7
Vietnam mining stocks rally amid global trade tension
Shares of Vietnam’s mining companies have rallied since early this month, fueled by heightened global trade tensions following the start of Donald Trump’s second term as the U.S. president.
Finance - Sun, February 16, 2025 | 10:36 am GMT+7
Online purchase below VND2 mln may be exempt from Vietnam import tax
The Vietnamese Ministry of Finance has proposed exempting goods purchased through e-commerce platforms worth no more than VND2 million ($78) from import tariff, with an annual purchase limit of VND96 million ($3,781).
Finance - Sun, February 16, 2025 | 8:00 am GMT+7
Malaysia expected to remain magnet for FDI
Malaysia’s foreign direct investment (FDI) is expected to remain robust in the long term, but there could be repercussions in the short term as investors hold back on their investment decisions amid heightened global uncertainties.
Southeast Asia - Sat, February 15, 2025 | 9:01 pm GMT+7
Laos to build $1.9 bln wind power plant to export electricity to Vietnam
The Lao Government and Chitchareune Construction - a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.
Energy - Sat, February 15, 2025 | 8:46 pm GMT+7
Malaysia needs more funding for semiconductor sector
Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighboring countries, said Penang Chief Minister Chow Kon Yeow.
Southeast Asia - Sat, February 15, 2025 | 4:31 pm GMT+7
Thailand considers easing rules on income from overseas
Thailand’s government is considering easing personal income tax rules for individuals’ overseas income to encourage the remittance of those funds back into the country, said a senior official.
Southeast Asia - Sat, February 15, 2025 | 4:29 pm GMT+7
Nissan to close factory in Thailand
Japanese automaker Nissan has announced plans to close one of its two automobile factories in Thailand this year, following the collapse of merger talks with Honda.
Southeast Asia - Sat, February 15, 2025 | 4:10 pm GMT+7
Vietcombank leads Vietnamese banks in 2024 pre-tax profit
Vietcombank reported a pre-tax profit of VND42.2 trillion ($1.66 billion) last year, ranking as the most profitable Vietnamese lender, according to the Vietnam Banking Association (VNBA).
Banking - Sat, February 15, 2025 | 4:04 pm GMT+7
Vietnam's leading trade firm Hapro appoints new general director
Hanoi Trade Corporation (Hapro), a leading producer and exporter of agricultural produces in Vietnam, has appointed deputy general director Duong Thi Lam as general director, effective from March 1, 2025.
Companies - Sat, February 15, 2025 | 2:18 pm GMT+7
Private Vietnamese lender DongA Bank renamed Vikki Bank
DongA Bank, a private lender in Vietnam, has changed its name to Vikki Bank, with approval from the State Bank of Vietnam (SBV).
Banking - Sat, February 15, 2025 | 10:59 am GMT+7
Korea's SK Group seeks partnerships in LNG-fired power projects in Vietnam
South Korean chaebol SK Group seeks to jointly build LNG-fired power plants in Vietnam and then develop facilities utilizing electricity generated by those power plants.
Energy - Sat, February 15, 2025 | 9:26 am GMT+7