August 19: Nationwide, 250 projects worth 1.28 quadrillion VND were inaugurated and launched

On the morning of August 19, 250 projects and constructions with a total investment of 1.28 quadrillion VND will be simultaneously started and inaugurated at 80 locations nationwide. This event is to celebrate the 80th anniversary of the August Revolution and National Day September 2.

According to the Government's decision, the groundbreaking and inauguration ceremonies were held simultaneously at 9:00 a.m. on August 19. The event took place in the form of live and online television, with the central point located at the National Exhibition Fair Center, Dong Anh Commune, Hanoi City. Of the total 250 projects, 161 projects were started and 89 works were inaugurated. These projects are expected to contribute over 18% of the country's GDP value in 2025 and over 20% in the following years.

The Vietnam Exhibition Center (Dong Anh, Hanoi) will be inaugurated on August 19 to serve the exhibition of national achievements in celebration of the 80th anniversary of National Day, with the theme: "80 years of the Journey of Independence - Freedom - Happiness". (Photo: VNA)

According to Deputy Minister of Construction Le Anh Tuan, among the 250 projects, there are 8 national key projects, 46 group A projects, 155 group B projects and 41 group C projects. The total investment of the projects reached 1.28 million billion VND, of which the State capital is 478,000 billion VND for 129 projects, accounting for 37%. The remaining 121 projects use 802,000 billion VND from other capital sources, accounting for 63% of the total investment. The projects span many fields, including: 59 transport infrastructure projects, 44 civil - urban construction projects, 57 industrial construction projects and 22 social housing projects.

The event marked many outstanding projects. Notably, the inauguration of the National Exhibition Center of Vingroup Corporation in Dong Anh commune, a complex architectural project with super-sized and super-heavy steel structure, significantly shortened the construction time compared to the plan. In the field of transportation, the Rach Mieu 2 bridge project connecting Dong Thap and Vinh Long was inaugurated 4 months earlier, this is a project designed and constructed by a Vietnamese contractor. Also on this occasion, the Viettel Research and Development Center with a total investment of about 10,000 billion VND was started. Nghe An Oncology Hospital with a scale of 1,000 beds, total capital of 1,259 billion VND, was also inaugurated.

The groundbreaking and inauguration of 250 projects is considered a symbol of the nation's solidarity and self-reliance. This event continues the spirit of the August Revolution, demonstrating the aspiration to build a strong and prosperous nation. These achievements are built on a stable macroeconomic foundation.

In the first 7 months of 2025, many bright spots have emerged such as the industrial production index increasing by 8.6%, the trade surplus reaching 10.18 billion USD and inflation being controlled. Commenting on this context, Mr. Dong He, Chief Economist of the ASEAN+3 Macroeconomic Research Office, said: "Reforms to improve the investment environment and infrastructure are also helping Vietnam consolidate its position more firmly."

Source: https://thoidai.com.vn/ngay-198-ca-nuoc-khoi-cong-khanh-thanh-250-du-an-tri-gia-128-trieu-ti-dong-215641.html