Announcing the planning of Quang An peninsula center; Approving the 10,000 billion VND railway rail production project

Those were two of the notable investment news of the past week.

Da Nang : Proposal to increase 173 billion for National Highway 14B Expansion Project

The Da Nang Department of Construction has just proposed adjusting the investment policy and increasing capital for the National Highway 14B Expansion Project from more than VND788 billion to about VND961.2 billion due to additional costs for site clearance, infrastructure relocation and design adjustments.

Da Nang Department of Construction proposed to increase capital for the National Highway 14B Expansion Project.

The 7.58 km long, 6-lane project, passing through Ba Na, Hoa Vang and Hoa Tien communes, is invested by the Department of Transport. After more than 20 months of construction, progress is still slow due to site clearance problems.

The Department of Construction proposed to extend the implementation period to 2026 to suit the actual situation and the upcoming rainy season. The People's Committee of Da Nang City has assigned relevant units to inspect and handle proposals to adjust the project.

Capital A Group researches investment in Quang Tri

On July 31, Vice Chairman of the Quang Tri Provincial People's Committee Le Duc Tien worked with representatives of Capital A Group (Malaysia) and T&T Group to discuss the potential, strengths and investment opportunities in the province. The parties focused on discussing the planning and development of the Quang Tri Aviation Industrial Complex, commercial flight operations, logistics services, aircraft maintenance, logistics and e-commerce.

Vice Chairman of Quang Tri Provincial People's Committee Le Duc Tien informed about the potentials and strengths of the province with representatives of 2 investors.

Provincial leaders emphasized Quang Tri's strategic position in connecting the Indochina region, committed to providing maximum support to investors, and proposed to study the formation of an aviation and logistics service industrial park and adjust the planning to upgrade Quang Tri Airport.

On the same day, the delegation conducted field surveys at many key projects such as My Thuy deep-water port, Hai Lang LNG, Quang Tri Industrial Park and Van Ninh - Cam Lo expressway.

Approval of the Project to improve the Land Development Fund of Hanoi City

The Hanoi People's Committee has just approved the Project to improve the Land Development Fund to ensure its operations are in accordance with the 2024 Land Law and Decree 104/2024/ND-CP. The Fund is a non-budget state financial institution, under the City People's Committee, operating not for profit, with legal status, and a charter capital of more than VND 5,967 billion.

The Fund carries out the tasks of providing capital for site clearance, resettlement, land fund development and capital recovery according to regulations. The project adjusts the organizational structure, charter, operating procedures and financial mechanism of the Fund. At the same time, the City People's Committee also issued the Charter on organization and operation, assigning specific tasks to departments and branches and the City Development Investment Fund to ensure effective operation.

Hanoi builds an effective investment promotion ecosystem

At the meeting with business associations organized by the Hanoi Department of Finance on July 30, Deputy Director of the Department Le Trung Hieu emphasized that Hanoi is accompanying businesses to create a transparent and effective investment environment.

Deputy Director of Hanoi Department of Finance Le Trung Hieu spoke at the Conference.

In the first 6 months of 2025, Hanoi led the country in attracting FDI with more than 3.67 billion USD, an increase of 216% over the same period. Enterprises also proposed many recommendations on supporting premises, policy mechanisms, funds for small businesses, investment promotion and human resource training.

The Department of Finance affirmed that it will digitize the entire investment process and publicize investment calling information on a digital platform. The investment promotion conference "Hanoi 2025 - Connecting and Developing" will be held to announce the policy, list and orientation for calling for strategic investment.

Assign the competent authority to implement the project of building Hieu Liem 2 bridge, with a total investment of nearly 362 billion VND.

Deputy Prime Minister Tran Hong Ha has agreed to assign the Ho Chi Minh City People's Committee to be the competent authority to implement the Hieu Liem 2 Bridge Construction Project at the request of the Ministry of Finance.

Hieu Liem 2 Bridge will connect Hieu Liem ferry (HCMC) to Hieu Liem street (Dong Nai province).

Hieu Liem 2 Bridge has a total length of nearly 1.5 km, of which the main bridge is 150 m long across the Be River, the approach road on the Ho Chi Minh City side is more than 1.2 km long and the Dong Nai side is about 100 m. The project connects the road to Hieu Liem ferry terminal (Ho Chi Minh City) to Hieu Liem road (Dong Nai province), divided into 2 investment phases, each phase builds a bridge unit 2 m apart.

Phase 1 will build a 14-meter-wide bridge unit. The total estimated investment is nearly 362 billion VND. The Deputy Prime Minister requested Ho Chi Minh City and Dong Nai to coordinate in implementing the project in accordance with regulations, ensuring quality and progress.

EVNGENCO2 studies investment in 2 projects in Quang Tri

EVNGENCO2 is implementing two projects in Quang Tri according to the adjusted Power Plan VIII, including: Quang Tri Hydropower Expansion Project (capacity of 48 MW, implemented in 2025-2030, total capital of more than VND 867 billion) and Quang Tri 2 Hydropower - Irrigation Floating Solar Power Project (capacity of 40 MW, expected to be implemented in 2031-2035).

Ms. Le Thi Thuong, Deputy Director of Quang Tri Department of Finance, expressed her opinion at the meeting.

At the working session on July 30, the People's Committee of Quang Tri province affirmed its support for the investment policy, assigned departments and branches to guide investors to complete the dossier, and put the project into the adjusted planning. The proposed opinions ensure progress, feasibility and environmental protection, social security, in line with the goal of building Quang Tri into a clean energy center in the Central region.

Quang Ngai: 9 Dung Quat construction zoning plans covering more than 25,500 hectares

Quang Ngai has completed and announced 9 1/2,000 scale construction zoning plans for Dung Quat Economic Zone, with a total area of over 25,500 hectares spread across the districts of Binh Son, Ly Son and Son Tinh (old). This is a step to concretize the general planning of Dung Quat Economic Zone until 2045 according to Decision 168/QD-TTg of the Prime Minister.

Quang Ngai has completed and announced 9 1/2,000 zoning plans for Dung Quat Economic Zone.

The zoning plans cover a variety of terrains, including mainland, islands and surrounding seas, creating an important foundation for the synchronous development of industry - urban - services. Of these, the last project - Dung Quat II Industrial - Urban - Service Park, with a scale of 1,496 hectares - has just been announced, marking the completion of all 9 projects managed by the Dung Quat Economic Zone Management Board. The remaining two projects are being considered and approved by the People's Council and People's Committee of Quang Ngai province according to their authority.

DCH consortium proposes to appoint contractors for metro line 2, Ho Chi Minh City

The DCH consortium, including Dai Dung, CC1 and Hoa Phat Group, has just proposed to the Ho Chi Minh City People's Committee to appoint an EPC contractor to implement metro line 2 (Ben Thanh - Tham Luong), along with the extensions to Thu Thiem and Cu Chi. The consortium's international partner is CCEED (China), which presented its capacity and experience in metro implementation at the working session with Ho Chi Minh City.

Map of metro line 2 (Ben Thanh - Tham Luong).

In addition, the consortium also proposed to participate in the Thu Dau Mot – Hiep Binh Phuoc metro project, nearly 22 km long. DCH committed to mobilizing sufficient resources, localizing 50-60%, training and transferring technology to Vietnamese engineers. Metro line No. 2 is more than 11 km long, with an adjusted investment capital of nearly VND 47,900 billion, expected to switch to using budget capital and start construction of the main package in April 2026, completing by the end of 2030.

A consortium proposes to invest in an $850 million battery storage factory in Ho Chi Minh City.

A consortium consisting of Dai Dung Construction and Trading Mechanical Joint Stock Company, Construction Corporation No. 1, Hoa Phat Group, CCEED (China) and Smart Tech Group Vietnam has just proposed investing in an electricity storage battery factory in Ho Chi Minh City High-Tech Park, with a total capital of 850 million USD.

Ho Chi Minh City High-Tech Park is receiving attention from many investors - Photo: Le Quan

The project is expected to start construction in 2026 and be completed in 2028, using about 12-15 hectares of land, with a designed capacity of 5 GWH in phase 1. In addition to battery production, the factory also researches and develops robots, industrial software, and train engineering. The consortium has completed its documents and financial commitments, hoping that the Ho Chi Minh City People's Committee will consider, support, and facilitate the project implementation.

New developments in the Cam Lo - Lao Bao Expressway PPP Project with a capital of 13,939 billion VND

The People's Committee of Quang Tri province proposed to invest in the 56-km Cam Lo - Lao Bao expressway under the PPP form with a total capital of VND 13,939 billion, of which the state budget accounts for 68%. The Ministry of Finance assessed the project's investment rate as appropriate but noted that the province needs to carefully calculate the urgency and the ability to balance resources, because the proposal to support the central budget of VND 8,803 billion is very large compared to the total capital allocated for the period 2021-2025.

Illustration photo.

The project is being proposed to be added to the list of important national projects to have a basis for considering capital allocation. The Provincial People's Committee committed to allocating 676 billion VND from the local budget for site clearance and affirmed the urgency in implementing the project to connect inter-regions and develop the economy and society.

Ho Chi Minh City prioritizes capital to relocate and resettle nearly 15,000 houses along and on canals.

Ho Chi Minh City is implementing the Urban Remodeling Project for houses along and on canals in the period 2025-2030, with the goal of relocating and resettling nearly 15,000 houses in District 8 (old), now in Chanh Hung, Phu Dinh, and Binh Dong wards. The total investment cost of the project is estimated at more than VND 105,179 billion, expected to be recovered equivalently from the exploitation of clean land after resettlement.

Ho Chi Minh City is urgently implementing the relocation of nearly 15,000 houses along canals in old District 8.

The city requires the completion of the zoning plan adjustment before November 15, 2025, and review and supplement the scope of the project implementation according to the new administrative unit. At the same time, Ho Chi Minh City prioritizes the allocation of medium-term capital for 2026-2030 for compensation, support, resettlement, land acquisition and construction of social housing and resettlement areas in related areas.

Quang Tri speeds up the progress of Cam Lien Industrial Park Infrastructure Project

The Cam Lien Industrial Park infrastructure project in Cam Hong commune, Quang Tri province, with a scale of 450 hectares and a total investment of more than VND 2,200 billion, invested by Capella Quang Binh Investment Co., Ltd., is facing difficulties in starting construction on schedule in October 2025.

Currently, the site clearance work has only reached more than 332 hectares, with more than 82 hectares still stuck due to lack of consensus on compensation or being managed by organizations that have not completed procedures. In addition, the environmental impact assessment procedure is still awaiting comments from central ministries and branches. The Chairman of the Quang Tri Provincial People's Committee has requested units to speed up the compensation work, complete it before December 31, 2025 and create maximum conditions for investors to soon implement the project.

August 19, the first section of Ring Road 3, Ho Chi Minh City opened to traffic

Component project 1A of Ring Road 3, Ho Chi Minh City, Tan Van - Nhon Trach section, 8.22 km long, passing through Ho Chi Minh City and Dong Nai, will officially open to traffic on August 19. This is the first section of the entire route to be put into operation, starting construction in September 2022 and currently reaching 98% of the construction volume.

Nhon Trach Bridge, the main item of Project 1A of Ring Road 3, Ho Chi Minh City, will open to traffic on August 19.

My Thuan Project Management Board – the investor – proposed that the Ministry of Construction coordinate with Ho Chi Minh City and Dong Nai to complete the connection project, especially the 300m connecting section.

Deputy Minister of Construction Bui Xuan Dung requested to complete procedures before August 15, ensuring traffic safety during operation. The 76-km Ring Road 3 project, with a total investment of more than VND75,000 billion, passes through Ho Chi Minh City, Dong Nai and Tay Ninh, in which each locality is responsible for investing in the route in the area. Section 1A uses Korean ODA loans and is managed by the Ministry of Construction. The remaining sections are expected to continue opening to traffic by the end of 2025.

Announcement of the detailed planning project of the central spatial axis of Quang An peninsula

The People's Committee of Tay Ho Ward and the Hanoi Institute of Construction Planning have just announced the detailed planning project of the central spatial axis of Quang An peninsula, scale 1/500, with a total area of 44.1 hectares.

Planning map of some items of Quang An peninsula.

The planning focuses on forming an urban landscape axis including pedestrian streets, theme parks, entertainment areas and the Pearl Theater - a large-scale, modern landmark project. The planning also connects the space from West West Lake - West Lake - Quang An Peninsula - Red River - Co Loa Citadel, preserving cultural values, relics, water surface of West Lake and Dam Tri Lake.

Technical infrastructure, underground traffic and parking lots have been improved synchronously. This is a concrete step to make Tay Ho become the cultural and tourist center of the Capital.

Hanoi leads the country in attracting FDI in the first half of 2025

Overcoming many global economic fluctuations, Hanoi continues to affirm its position as an investment center when leading the country in attracting FDI in the first 6 months of 2025 with a total registered capital of more than 3.67 billion USD, an increase of 216% over the same period in 2024. The main driving force comes from 89 projects with increased capital, including many large-scale projects such as Yen So Park and new urban areas invested by Gamuda Group (Malaysia).

To date, Hanoi has 7,710 valid FDI projects with a total registered capital of about 61.5 billion USD, ranking second nationwide. The areas attracting strong investment are real estate, manufacturing and processing industry, trade services and science and technology activities.

The city is prioritizing attracting high-tech, R&D, smart city and renewable energy projects, while vigorously reforming administrative procedures, developing infrastructure, creating clean land funds and operating an effective two-tier government. Flexible policies, an improved investment environment and high-quality human resources are the foundation for Hanoi to continue to be an attractive destination for global corporations.

Thai Nguyen speeds up site clearance for industrial parks

Thai Nguyen is making efforts to remove obstacles in site clearance to speed up the progress of industrial park (IP) infrastructure projects, meeting the demand for land funds ready to attract FDI. The whole province has 15 IP infrastructure projects under implementation, but many projects are behind schedule due to difficulties in compensation, resettlement and lack of land funds allocated to people.

For industrial parks that are attracting many secondary investors such as Yen Binh 2, Yen Binh 3 and Song Cong II - phase 2, site clearance and resettlement must be prioritized.

At a recent meeting, the provincial People's Committee leaders requested localities and departments to urgently complete resettlement planning, speed up compensation payments and proactively coordinate with investors. Key industrial parks such as Yen Binh 2, Yen Binh 3 and Song Cong II - Phase 2 are given priority for site clearance in August 2025.

Speeding up site clearance is a key solution to help Thai Nguyen maintain its competitive advantage in attracting high-tech investors, in the context of neighboring provinces promoting land policies and ready infrastructure.

Quang Ngai: Approved investment policy for 10,000 billion VND railway rail production project

The Management Board of Dung Quat Economic Zone and Quang Ngai Industrial Parks has just approved the investment policy of the Hoa Phat Dung Quat Railway Rail and Special Steel Production Project with a total investment capital of 10,000 billion VND. The project is invested by Hoa Phat Dung Quat Rail and Special Steel Joint Stock Company, deployed on an area of nearly 15 hectares in the Eastern Industrial Park, Van Tuong Commune.

With a capacity of 700,000 tons/year and an operating period of 50 years, the project will produce high-quality steel products to serve key national projects such as the North-South high-speed railway. This is a strategic step to reduce import dependence, develop the domestic steel industry in a green and modern direction, contributing to making Vietnam a center for high-quality steel production in the region.

Adjusting the investment policy of the Dai Ngai Bridge Construction Project on National Highway 60

The Ministry of Construction has just adjusted the investment policy of the Dai Ngai Bridge Project on National Highway 60, adding a 12.3 km long section from National Highway 91B to the existing National Highway 60. The route is designed according to the standards of a grade III plain road, with phase 1 investing in 2 lanes and phase 2 expanding to 4 lanes. Along with that, the investment scope of the entire route has been updated to 27.44 km long, including 2 large bridges and many small bridges, with a total investment capital of nearly 8,000 billion VND in phase 1 from the state budget. The new route will help promote the effectiveness of the Dai Ngai Bridge investment, connecting the provinces of Ca Mau, Bac Lieu, Soc Trang with Ho Chi Minh City, reducing traffic pressure and strengthening the logistics chain through Tran De port. The Dai Ngai Bridge 2 package has reached 73.7% of the progress, while the Dai Ngai Bridge 1 package is completing the foundation, the entire project is expected to be completed in 2028.

Two investors build Long Van International Hospital with capital of more than 1,330 billion VND

Gia Lai Provincial People's Committee has recognized the Consortium of Barin Joint Stock Company and Phuong Dong Medical Complex Company Limited as the investor to implement the Long Van International Hospital Project in Long Van New Urban Area, Quy Nhon City, Binh Dinh Province. The project has a total investment capital of more than 1,336 billion VND, a scale of 200 beds with 4 blocks of 9 floors, specializing in obstetrics, pediatrics and cancer treatment. It is expected to be completed in 5 years. The Consortium is being guided to prepare documents to submit for the decision to approve the investor according to regulations.

Source: https://baodautu.vn/cong-bo-quy-hoach-trung-tam-ban-dao-quang-an-duyet-du-an-san-xuat-ray-duong-sat-10000-ty-dong-d345894.html