Work on central Vietnam section of North-South Expressway to begin by year-end

By Huong Dung
Mon, August 22, 2022 | 9:35 am GTM+7

Construction of an 88-km section connecting the central province of Quang Ngai with Hoai Nhon township in neighbouring Binh Dinh province will start by the end of this year.

The VND20,469 billion ($874.6 million) section is part of 2021-2025 implementation of national project North-South Expressway.

The central Vietnam section will connect a series of key tourism attractions in Quang Ngai and Binh Dinh provinces such as Sa Huynh Beach, Quy Nhon Port, and Tam Quan commune which boasts the most coconut trees in the central region.

The publicly-funded construction is expected to be basically completed in 2025, to put it into operation in 2026.

A North-South Expressway section in Binh Dinh province, south-central Vietnam. Photo courtesy of VnEconomy newspaper.

A North-South Expressway section in Binh Dinh province, south-central Vietnam. Photo courtesy of VnEconomy newspaper.

The Ministry of Transport's Project Management Board 2 said that it has received approval for a detailed schedule of the Quang Ngai-Hoai Nhon section.

The project will be divided into four design segments, corresponding to as many bidding packages, and work on the first 30 kilometers package is expected to start on December 20 this year.

According to the board, it has surveyed 90% of the topography and hydrology, and is still conducting geological surveys, striving to complete the technical design by the end of October and finalize the budget estimate by November 5.

The Quang Ngai-Hoai Nhon section has a total length of 88 kilometers - 60.3 kilometers in Quang Ngai and 27.7 kilometers in Binh Dinh province.

The expressway is designed to have six lanes, with the width of the roadbed being 32.25 meters. However, the first phase will have only four lanes, with the roadbed of 17 meters wide, and a design speed of 80 km/h. It will have six intersections and three tunnels, of which the longest one is more than 3,200 meters.

Investing in building this road section and other parts of the North-South Expressway is now deemed an urgent need, contributing to serving the travel needs of people, circulation of goods, and promoting economic and tourism development of the central provinces.

Comments (0)
  • Read More
VN-Index plunges to 19-month low amid broad selloffs

VN-Index plunges to 19-month low amid broad selloffs

Vietnam’s benchmark VN-Index dropped 22.92 points Wednesday, or 1.96%, to 19-month low of 1,143.62 points, due to broad selloffs of major stocks.

Finance - Wed, September 28, 2022 | 6:05 pm GTM+7

Deputy foreign minister fired in pandemic repatriation scam

Deputy foreign minister fired in pandemic repatriation scam

Deputy Foreign Minister To Anh Dung and Nguyen Quang Linh, assistant to Standing Deputy Prime Minister Pham Binh Minh, were fired Wednesday for violations related to repatriation of Vietnamese citizens during the pandemic crisis.

Politics - Wed, September 28, 2022 | 5:21 pm GTM+7

“Big 4” banks increase deposit rate

“Big 4” banks increase deposit rate

Biggest Vietnamese lenders Vietcombank, VietinBank, and Agribank have hiked their deposit interest rates by over one percentage point, after the central bank raised the deposit rate ceiling last week.

Banking - Wed, September 28, 2022 | 4:54 pm GTM+7

IFC to help HCMC in waste-to-energy prefeasibility study

IFC to help HCMC in waste-to-energy prefeasibility study

The World Bank’s investment arm IFC will assist Ho Chi Minh City authorities to assess the prefeasibility of developing an advanced waste-to-energy facility in the southern economic hub, the body said Wednesday.

Energy - Wed, September 28, 2022 | 4:25 pm GTM+7

Fed rate hikes challenge Vietnam’s FDI attraction drive

Fed rate hikes challenge Vietnam’s FDI attraction drive

International institutions have lowered their global 2023 growth forecasts following the Fed’s interest rate hikes. Experts fear that investment flows worldwide would leave emerging markets for developed countries. The Investor talks with Professor Nguyen Mai, chairman of the Vietnam Association of Foreign-Invested Enterprises (VAFIE), about possible impacts on Vietnam.

Executive Talk - Wed, September 28, 2022 | 3:05 pm GTM+7

Transport ministry seeks 10-lane southern Vietnam expressway

Transport ministry seeks 10-lane southern Vietnam expressway

The Ministry of Transport has asked state-owned Vietnam Expressway Development Investment Corporation (VEC) to consider widening Ho Chi Minh City-Long Thanh-Dau Giay Expressway to 10 lanes, instead of the eight proposed by the investor.

Infrastructure - Wed, September 28, 2022 | 2:05 pm GTM+7

Hai Phong begins construction of $38.5 mln industrial center

Hai Phong begins construction of $38.5 mln industrial center

Construction commenced Tuesday on the $38.5 million GNP Nam Dinh Vu Industrial Center at the Nam Dinh Vu Industrial Park in the northern port city of Hai Phong.

Industrial real estate - Wed, September 28, 2022 | 11:23 am GTM+7

Finland firm to supply containerboard technology for Cheng Loong in Vietnam

Finland firm to supply containerboard technology for Cheng Loong in Vietnam

Finnish company Valmet will provide Cheng Loong Binh Duong Paper Co. with key process technology for its new containerboard machine 23 at the company’s Ben Cat mill in Binh Duong province, southern Vietnam.

Companies - Wed, September 28, 2022 | 10:36 am GTM+7

Parliament to discuss amended oil & gas law, anti-money laundering bill

Parliament to discuss amended oil & gas law, anti-money laundering bill

The National Assembly, Vietnam’s parliament, is scheduled to pass seven draft and amended laws at its October-November session, including an amended oil & gas law and one on money laundering.

Politics - Wed, September 28, 2022 | 8:38 am GTM+7

Ministry seeks PM nod for Vietnam’s first cargo airline

Ministry seeks PM nod for Vietnam’s first cargo airline

The Ministry of Transport has asked the Prime Minister for permission to grant a license to the country’s first cargo airline, IPP Air Cargo.

Industries - Tue, September 27, 2022 | 10:45 pm GTM+7

Son Kim Real Estate plans $21 mln bond issuance to buy HCMC office project

Son Kim Real Estate plans $21 mln bond issuance to buy HCMC office project

Son Kim Real Estate Investment JSC is planning a private placement of bonds worth VND500 billion ($21 million) this week to purchase The METT office project in Ho Chi Minh City's Thu Thiem new urban area.

Finance - Tue, September 27, 2022 | 10:27 pm GTM+7

Vietnam GDP growth to reach 7.2%, top Southeast Asia: WB

Vietnam GDP growth to reach 7.2%, top Southeast Asia: WB

Vietnam's economic expansion can hit 7.2% this year and 6.7% next year, the highest in Southeast Asia, the World Bank says Tuesday.

Economy - Tue, September 27, 2022 | 9:45 pm GTM+7

Deputy PM’s assistant arrested in pandemic repatriation scandal

Deputy PM’s assistant arrested in pandemic repatriation scandal

Nguyen Quang Linh, assistant to Standing Deputy Prime Minister Pham Binh Minh, was arrested Tuesday for allegedly accepting bribes related to repatriation of Vietnamese citizens during the pandemic crisis.

Politics - Tue, September 27, 2022 | 5:06 pm GTM+7

FPT, VinFast join global chip supply chain

FPT, VinFast join global chip supply chain

Vietnamese giants FPT and VinFast are entering the world's semiconductor industry amid a global shortage of this critical part in automobile and electronics manufacturing.

Industries - Tue, September 27, 2022 | 4:15 pm GTM+7

Becamex, India industry confederation sign cooperation agreement

Becamex, India industry confederation sign cooperation agreement

Becamex IDC and the Confederation of Indian Industry (CII) have signed an agreement on partnership in the areas of IT, medical care, electronics, sustainable development and innovation.

Companies - Tue, September 27, 2022 | 3:27 pm GTM+7

Bamboo Capital to sell luxury properties in foreign markets

Bamboo Capital to sell luxury properties in foreign markets

BCG Land and Helios have signed strategic agreements with 13 top realty consultants to distribute properties of their King Crown Infinity project in both domestic and foreign markets.

Companies - Tue, September 27, 2022 | 3:26 pm GTM+7