Transport ministry proposes Ninh Binh-Nam Dinh-Thai Binh expressway
The Ministry of Transport has proposed to build the Ninh Binh-Nam Dinh-Thai Binh Expressway, with a length of 60.9 kilometers and a total preliminary investment of VND18.82 trillion ($802 million).
According to a plan submitted to the government, the state capital investment is about VND9.31 trillion ($397 million), and BOT capital around VND9.51 trillion ($405 million).
The road is expected to have four lanes, with a roadbed of 24 meters and emergency lanes.

A section of the Ninh Binh-Hai Phong Expressway. Photo courtesy of the government portal.
The transport ministry proposed the government assign the Nam Dinh-Thai Binh section to the People's Committee of Thai Binh province to implement in the form of public- private partnership (PPP).
Regarding the 25.3-kilometer section passing through Ninh Binh, it proposed to assign this province to invest with budget capital.
While waiting for the National Assembly to issue a resolution on decentralizing localities to invest in expressways, the transport ministry proposed the government assigns Ninh Binh province to make a pre-feasibility study report for the section.
The Ninh Binh-Nam Dinh-Thai Binh Expressway belongs to the Ninh Binh-Hai Phong Expressway which passes through Ninh Binh, Nam Dinh, Thai Binh provinces and Hai Phong city. The expressway has been included in the expressway development plan for the period 2021- 2030, with vision until 2050.
The beginning point of the Ninh Binh-Hai Phong Expressway connects with the North- South Expressway in Yen Khanh district, Ninh Binh province; and its ending point is at the intersection between National Highway No. 37B and the coastal road of Thuy Trinh commune, Thai Thuy district, Thai Binh province.
The expressway connects Hai Phong city and Quang Ninh province, linking with the eastern expressway system from Hanoi to the Mong Cai border gate and expressways from Hanoi to Lao Cai province and Hanoi to Lang Son province, contributing to the region's industrial development and helping to reduce logistics costs.
- Read More
Mining, steel, construction firms set to capitalize on Vietnam's nuclear power development
The mining sector is expected to benefit significantly from the development of the Ninh Thuan nuclear power plants in Vietnam, said Nguyen The Minh, head of research at broker Yuanta Securities Vietnam.
Industries - Thu, February 20, 2025 | 3:28 pm GMT+7
$1.9 bln LNG power project in northern Vietnam calls for mine clearance bids
The $1.9 billion Quang Ninh LNG power plant, the first such facility in northern Vietnam, is inviting bids for the mines and explosives clearance package.
Energy - Thu, February 20, 2025 | 2:20 pm GMT+7
Steel maker Hoa Sen to pour $90 mln into central Vietnam factory expansion
Hoa Sen Nhon Hoi-Binh Dinh One Member LLC, a subsidiary of Hoa Sen Group, will invest over VND2.3 trillion (over $90 million) to expand its steel plant in the south-central province of Binh Dinh.
Industries - Thu, February 20, 2025 | 11:48 am GMT+7
Samsung’s profit falls in Vietnam, doubles globally in 2024
Samsung Electronics recorded a profit of $25.3 billion in 2024, up 122% year-on-year, but the total profit of its four major factories in Vietnam fell 11.4% to $3.2 billion.
Companies - Thu, February 20, 2025 | 10:23 am GMT+7
Serviced apartments see strong growth in Hanoi, face challenges in HCMC
The serviced apartment market in Hanoi experienced significant growth in 2024, driven by strong foreign direct investment (FDI) flows, while it faced challenges from declining FDI and increasing competition in Ho Chi Minh City.
Real Estate - Thu, February 20, 2025 | 8:15 am GMT+7
Swedish textile firm Syre eyes $1 bln fiber factory in central Vietnam
Sweden’s textile company Syre wishes to invest in a polyester fiber recycling factory in the south-central province of Binh Dinh, with an estimated investment ranging from $700 million to over $1 billion.
Industries - Wed, February 19, 2025 | 9:50 pm GMT+7
Thailand urges central bank to boost economy
Thai Prime Minister Paetongtarn Shinawatra has called on the Bank of Thailand to lower interest rates in a bid to ease financial pressures on the public.
Southeast Asia - Wed, February 19, 2025 | 9:40 pm GMT+7
Singapore’s gold export to US increases sharply
Gold shipments from Singapore to the U.S. in January climbed to the highest level in almost three years.
Southeast Asia - Wed, February 19, 2025 | 9:24 pm GMT+7
France wants to cooperate, share experiences with Vietnam in nuclear power
France wants to cooperate and share experiences with Vietnam in nuclear power, said French Ambassador to Vietnam Olivier Brochet at a recent meeting with state utility Vietnam Electricity (EVN).
Energy - Wed, February 19, 2025 | 5:20 pm GMT+7
Japan’s Sumitomo plans 2nd industrial park in northern Vietnam province
Japanese keiretsu Sumitomo is keen to build its second industrial park in Vietnam’s northern province of Vinh Phuc, a representative told local authorities Tuesday.
Industrial real estate - Wed, February 19, 2025 | 3:47 pm GMT+7
Vietnam's 2025 GDP growth target lifted to 'at least 8%'
The National Assembly, Vietnam's legislature, on Wednesday set the 2025 economic expansion target at "8% or more" upon a government proposal, up from the 6.5-7% approved in November last year.
Economy - Wed, February 19, 2025 | 2:46 pm GMT+7
Northern Vietnam province urges VSIP to build 663 hectare high-tech park in 2025
Ha Nam province authorities has urged VSIP, the developer of Vietnam-Singapore Industrial Park (VSIP) facilities, to begin building a high-tech park in the northern province by end-2025.
Industrial real estate - Wed, February 19, 2025 | 1:45 pm GMT+7
Central Vietnam city launches first industrial park project in 22 years
Vietnam’s central coastal city of Danang has broken ground on its first industrial park in 22 years, marking significant progress in its industrial development strategy.
Industrial real estate - Wed, February 19, 2025 | 12:21 pm GMT+7
Northern Vietnam province to complete site clearance for $2 bln LNG power plant in May
Vietnam’s northern province of Thai Binh seeks to complete the site clearance for its $2 billion LNG Thai Binh power plant project in May, provincial authorities said Tuesday.
Energy - Wed, February 19, 2025 | 11:18 am GMT+7
Can Gio port added to Vietnam's seaport development plan
The Can Gio international transshipment port project in Ho Chi Minh City has taken a significant step forward with its official inclusion in Vietnam’s seaport development plan.
Southeast Asia - Wed, February 19, 2025 | 9:29 am GMT+7
Vietnam's Tan Cang-Cai Mep International Terminal receives first vessel from Premier Alliance
Tan Cang-Cai Mep International Terminal (TCIT) in the southern Vietnam province of Ba Ria-Vung Tau has welcomed the first vessel from EC3 of the Premier Alliance, announced Truong Tan Loc, chairman of TCIT on Tuesday.
Southeast Asia - Wed, February 19, 2025 | 9:26 am GMT+7