Ho Chi Minh City is about to start construction on 9 metro lines worth 44 billion USD; Can Tho is implementing 2 traffic projects worth 14,000 billion VND

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

In the period of 2020 - 2025, the total investment capital for Da Nang's development will reach more than 364,700 billion VND.

In the period of 2020 - 2025, the total development investment capital of Da Nang is estimated to reach more than 175,000 billion VND, Quang Nam more than 189,000 billion VND, bringing the total investment capital after the merger to more than 364,700 billion VND, an average increase of 5.6%/year.

With a large total development investment capital, Da Nang city has started and completed many key projects.

Da Nang has promptly implemented Resolution 57-NQ/TW on scientific and technological breakthroughs and digital transformation; issued policies to support the development of semiconductor chips, artificial intelligence and established a Center for Research and Training on Microchip Design and AI. The city also focused on removing obstacles and unlocking resources for investors.

Many key projects have been deployed such as Lien Chieu Port, Cua Lo 50,000-ton port channel, upgrading Da Nang International Airport, Quang Da Bridge, regional connecting highways, and IT infrastructure to meet the needs of smart urban construction.

The total medium-term capital plan for 2020 - 2025 reaches more than 90,000 billion VND, of which Da Nang is 52,000 billion VND and Quang Nam is 38,000 billion VND, contributing significantly to socio-economic growth, changing the urban landscape and meeting people's needs.

Implementing investment research phase 2 of Cao Lanh - An Huu Expressway Project

The Ministry of Construction has just sent an official dispatch to the People's Committee of Dong Thap province regarding the investment study of phase 2 of the Cao Lanh - An Huu Expressway Project, one of three sections of the Hong Ngu - Tra Vinh Expressway (CT.36) about 188 km long.

Phase 1 of the Cao Lanh - An Huu project is 27.4 km long, with a total investment of VND 7,496 billion, with a scale of 4 limited lanes, expected to be completed in April 2026. Phase 2 is expected to expand the roadbed to 24.75 m, meeting complete expressway standards, with a speed of 100 km/h, with a total investment of about VND 4,600 billion.

Map of Cao Lanh - An Huu expressway phase 1.

Since phase 1 has not been completed and the capital has been almost used up, the implementation of phase 2 requires a choice between adjusting the investment policy or establishing a new project, in compliance with the provisions of the Law on Public Investment. The People's Committee of Dong Thap province is assigned to preside over it, and needs to carefully study the transportation needs, traffic safety, the ability to arrange capital and avoid waste.

The Ministry of Construction affirmed its readiness to coordinate and guide the handling of difficulties during the implementation process, ensuring that the project is deployed in accordance with regulations and effectively.

Dong Nai proposes to add intersection of Highway 319 to the project to expand Ho Chi Minh City - Long Thanh Expressway

Dong Nai Provincial People's Committee has just proposed that the Ministry of Finance and the Ministry of Construction invest in completing the intersection of Highway 319 to connect Ho Chi Minh City - Long Thanh Expressway with Long Thanh High-Tech Park.

According to Dong Nai province, in the context of difficult local budgets, self-investment in this project is not feasible. Meanwhile, the 410-hectare Long Thanh High-Tech Park has attracted 20 FDI investors with capital of about 400 million USD and is expected to have about 20,000 workers by 2026.

Ho Chi Minh City - Long Thanh - Dau Giay Expressway will be expanded to 8 - 10 lanes.

Currently, the 319 intersection has only been invested in the Nhon Trach branch under the BOT form, while the Long Thanh branch has not been implemented yet. If it is not completed soon, when the highway is expanded, it will cause difficulties for moving into the high-tech zone.

The 22-km Ho Chi Minh City - Long Thanh Expressway expansion project, with a total investment of more than VND16,300 billion, started on August 19, 2025 and was basically completed by the end of 2026. Long Thanh Bridge alone is expected to be closed in December 2026 and completed in the first quarter of 2027.

Clarifying the plan to expand the Hanoi - Bac Giang expressway to 8 lanes

The Ministry of Construction has just asked the investor consortium to review the plan to expand the Hanoi - Bac Giang expressway to 8 lanes under the PPP form, clarify the capital source, scope and scale of investment, as well as its compliance with the BOT contract, the Road Law and the PPP Law.

The consortium, including Van Phu - Invest, Dong Son, Vinaconex and Dai Duong, had previously proposed to expand the route but had not yet given a specific cost and implementation time. This expressway was renovated from National Highway 1, completed in 2016 with a scale of 4 lanes and a payback period of 21 years.

A section of the Hanoi - Bac Giang highway.

According to the road network planning, the 46 km long Hanoi - Bac Giang section will be expanded to 8 lanes. Currently, the route is often overloaded, with a traffic volume of more than 53,500 vehicles/day and night, far exceeding the forecast, leading to congestion and traffic insecurity.

Investors affirmed that the early expansion of the expressway is necessary to ensure effective exploitation, improve competitiveness and connect with Huu Nghi border gate when the Chi Lang - Huu Nghi route is completed in 2026.

Hai Phong invests nearly 2,000 billion VND to build 3 important traffic intersections

Hai Phong has just approved an investment policy of nearly 2,000 billion VND to build three important intersections at the city's gateways, including Bui Vien - Le Hong Phong, Bui Vien - Vo Nguyen Giap and Nguyen Trai - Le Hong Phong.

Of which, the Bui Vien - Le Hong Phong intersection has a capital of more than 707 billion VND, building a 485 m long underpass with 6 lanes, expected to start construction in the fourth quarter of 2025. The Bui Vien - Vo Nguyen Giap intersection has a capital of 675 billion VND, also building an underpass and roundabout, helping to reduce congestion and complete the traffic network in the An Bien and Le Chan areas.

The underpass towards Bui Vien Street is 485 m long.

The Nguyen Trai - Le Hong Phong intersection in particular has been resized with a 340m-long underpass, with a total investment of over VND565 billion, in sync with the Nguyen Trai Bridge project. When completed, the three projects will help relieve traffic pressure in the inner city, increase connectivity to Cat Bi Airport and reduce the load on National Highway 5 through the city center.

Quang Tri urges implementation of 2 airport projects in the province

The People's Committee of Quang Tri province has just issued a document requesting to speed up the progress of the project to upgrade and expand Dong Hoi Airport and the project to invest in and build Quang Tri Airport. These are important infrastructure projects of strategic significance to the local socio-economic development.

Regarding Dong Hoi Airport, the province requested ACV to focus resources and strive to complete the T2 Passenger Terminal and the Air Traffic Control Tower by April 30, 2026. The Quang Binh Provincial People's Committee also requested early handover of the site and completion of the 250 kVA power station by October 2025 to ensure progress.

Quang Tri Airport Construction Investment Project.

Regarding Quang Tri Airport, the government requested to speed up site clearance and complete resettlement areas, and at the same time requested the investor to urgently complete procedures, mobilize capital, and sign contracts so that the project can be put into operation in July 2026 under the BOT contract.

The Quang Tri Airport project has a total capital of more than VND5,821 billion, ICAO 4C scale, capacity of 5 million passengers/year. Meanwhile, the Dong Hoi Airport expansion project has a capital of VND1,844 billion, increasing the capacity to 3 million passengers/year, expected to be completed in the first quarter of 2026.

Hai Phong: Establishment of Tien Cuong III Industrial Cluster with capital of 750 billion VND

Hai Phong City People's Committee has just decided to establish Tien Cuong III Industrial Cluster in Quyet Thang Commune with a scale of more than 57 hectares, total investment of more than 750 billion VND, invested by Tien Phat Industrial Park Infrastructure Investment Joint Stock Company. The project operation period is 50 years from the date of land lease.

Tien Cuong III is oriented as a multi-industry industrial cluster, prioritizing processing and manufacturing industries and clean production industries such as electrical equipment, electronics, supporting technology, food processing, textiles, means of transport, logistics and factory rental services.

Tien Phat Industrial Park Infrastructure Investment Joint Stock Company is also the investor of Tien Cuong II Industrial Cluster in Quyet Thang Commune, Hai Phong City. Photo: Quynh Nga

The project will be implemented from the third quarter of 2025 to the first quarter of 2028, with site clearance in 2025-2026, followed by construction of technical infrastructure for operation. The city requires investors to reserve at least 5% of land fund for lease to high-tech enterprises, small and medium-sized enterprises, and innovative startups according to Resolution 68 of the Politburo.

The formation of Tien Cuong III and the industrial clusters that have been and are being built in Quyet Thang commune promise to create more motivation to attract investment, expand production, and contribute to consolidating Hai Phong's industrial position.

Can Tho industrial parks attract nearly 700 million USD in new investment capital

In the first 9 months of the year, Can Tho industrial zones recorded 4 new projects being granted investment registration certificates, with a total capital of 695.4 million USD. Investment promotion activities were continuously carried out by the Management Board of Export Processing and Industrial Zones, attracting many domestic and foreign business delegations to explore opportunities.

To date, industrial parks and industrial clusters in the city have attracted 379 projects, including 333 domestic projects, 45 FDI projects and 1 ODA project, with a total registered capital of more than 10.18 billion USD, of which the realized capital reached 4.76 billion USD.

Tra Noc Industrial Park, Can Tho City. Photo: Thu Ha

Production and business activities of enterprises in industrial parks remain stable, many units expand their scale, contributing to increasing industrial production value, export turnover and creating jobs for local workers.

In the first 9 months, the revenue of enterprises in Can Tho industrial parks is estimated at more than 100,771 billion VND, up 12.62% over the same period. Export turnover reached 1.68 billion USD, up 14%; import reached more than 550 million USD, up 29% over the same period in 2024.

Ho Chi Minh City strives to start construction of 20 key projects in the remaining 3 months.

Ho Chi Minh City aims to start construction on 20 key projects from now until the end of the year, including the Ho Chi Minh City - Moc Bai Expressway, sections of Ring Road 2, the Ben Luc - Long Thanh Expressway interchange with National Highway 50, and metro line 2 Ben Thanh - Tham Luong.

Ho Chi Minh City strives to start construction of the Ho Chi Minh City-Moc Bai Expressway Project this year.

The city also implemented infrastructure projects and environmental improvement projects at Doi Canal and Xuyen Tam Canal; built Nguyen Khoi Bridge, Phuoc Kien Five-Way Tunnel; and many important inter-regional connecting routes.

At the same time, Ho Chi Minh City strives to complete 25 projects in the next 3 months, such as An Phu intersection, Luong Dinh Cua street, Chu Van An, My Phuoc - Tan Van extension, Bien Hoa - Vung Tau expressway phase 1 and coastal roads in Ba Ria - Vung Tau.

The city continues to coordinate to complete procedures for the Suoi Tien - Binh Duong metro project, urban railway No. 2 and the Ho Chi Minh City - Loc Ninh railway line, while reviewing the traffic infrastructure planning for the 2026 - 2030 period, ensuring synchronous regional connectivity.

Enterprises pledge to invest more than 5,000 billion VND to develop medicinal herbs in Da Nang

More than 5,000 billion VND has been committed by many businesses, including large corporations such as Truong Hai, Capella Quang Nam, OSP to invest in the medicinal herbs sector in Da Nang, focusing on large-scale planting and processing.

The city currently has more than 1,200 medicinal plant species, of which 36 are listed in the Red Book. Ngoc Linh ginseng is planned on 15,567 hectares, of which 1,294 hectares have been planted, along with other key medicinal herbs such as Tra My cinnamon, ginseng, cardamom, and morinda officinalis with a total area of nearly 10,000 hectares.

Ngoc Linh ginseng becomes the mainstay of the medicinal industry in Da Nang city.

About 10 enterprises, cooperatives and business households have participated in processing medicinal herbs, with an output of 350 tons/year, gradually forming a chain of links. Da Nang also has 18 organizations and enterprises renting forest environments, 3 enterprises are granted the right to use the Geographical Indication "Ngoc Linh".

The city is implementing the construction of a national medicinal plant industry center, with Ngoc Linh ginseng as the main crop, and is also researching the establishment of a research center for deep processing of medicinal plants in the Central region, aiming for export, turning the medicinal plant industry into a spearhead economy.

Quang Ninh: Inauguration of a factory for the Lithium-ion battery manufacturing industry with a capital of 65.3 million USD

On the afternoon of September 17, at Nam Tien Phong Industrial Park (Lien Hoa Ward), Quang Ninh, the first phase of Vina CoreMax Vietnam Factory with a total capital of 65.3 million USD was inaugurated. The factory covers an area of 8 hectares, producing Nickel sulfate and Cobalt sulfate crystals for the Lithium-ion battery industry, with a capacity of 49,280 tons/year, to be deployed in two phases until 2027.

Bac Tien Phong Industrial Park in Quang Ninh.

The project of CoreMax Group (Taiwan) marks a step of global expansion, choosing Vietnam thanks to its convenient traffic location and transparent investment environment. When operating stably, the factory will create more jobs, contribute to the budget, and promote high-tech industry in Quang Ninh.

Quang Ninh has identified the processing and manufacturing industry as a new growth driver, attracting nearly 9 billion USD in investment capital since the beginning of the term, with a growth rate of over 21% per year. The industry currently accounts for nearly 13% of GRDP, creating jobs for about 45,000 workers, affirming its key role in the province's sustainable development.

Striving to start construction of Can Tho 2 bridge with capital of 28,500 billion VND in 2027

The Ministry of Construction has just agreed on many important contents in the Pre-Feasibility Study Report of Can Tho 2 Bridge Project and the approach roads at both ends of the bridge. The project has a total investment of more than 28,500 billion VND, expected to start construction in 2027 and be completed after 5 years.

Perspective of Can Tho Bridge 2.

Can Tho 2 Bridge is designed with a scale of 6 lanes, speed of 100 km/h, using cable-stayed structure with a main span of 450 m. The project combines the expressway and railway bridge of Ho Chi Minh City - Can Tho, helping to save about 5,000 billion VND compared to the separate plan.

The 17.2 km long project connects My Thuan – Can Tho Expressway with Can Tho – Ca Mau Expressway, and connects the horizontal routes in the Mekong Delta. When completed, Can Tho 2 Bridge will help reduce the load on National Highway 1, enhance regional connectivity, promote socio-economic development, and complete the North – South expressway network in the East in this area.

The first project at VSIP Can Tho was granted an investment certificate with a capital of 100 million USD.

The Management Board of Can Tho Export Processing and Industrial Zones has just granted an Investment Registration Certificate to Bestway (Hong Kong) International Limited to implement the Bestway Can Tho Sports Technology Factory project in Vinh Trinh commune, Can Tho city.

Bestway Can Tho Sports Technology Factory project is built at VSIP Can Tho.

The project has a total capital of 2,603 billion VND, equivalent to 100 million USD, on an area of over 279,000 m2. The factory will produce inflatable toys, plastic toys, water sports equipment, plastic components and accessories for recreational sports equipment and PVC plastic sheets.

The designed capacity is tens of millions of products per year, expected to come into operation from the fourth quarter of 2026 with a term of 47 years. According to the Investment Certificate, the investor will establish an export processing enterprise to implement production and export targets.

The Ministry of Finance is the standing council for pre-feasibility appraisal of Vinh - Thanh Thuy expressway.

Deputy Prime Minister Tran Hong Ha signed Decision 2073/QD-TTg to establish the State Appraisal Council to appraise the Pre-Feasibility Study Report of the Vinh - Thanh Thuy Expressway Project. The Minister of Finance is the Chairman of the Council, the Deputy Minister of Finance is the Vice Chairman, with the participation of leaders of many ministries, branches and Nghe An province.

Perspective of Vinh - Thanh Thuy Expressway project.

The Ministry of Finance is the standing body responsible for coordinating the collection of opinions, synthesizing and completing the appraisal report, confirming whether the project dossier is sufficient or not to be submitted to the National Assembly for decision on investment policy. The Council will dissolve itself after the project is approved.

The Vinh - Thanh Thuy Expressway is about 60 km long, with 4 lanes, passing through 9 communes of Nghe An. The project is expected to connect with the North - South Expressway in the East and Thanh Thuy Border Gate Economic Zone, contributing to the formation of the Hanoi - Vientiane Expressway, promoting the economy, tourism, services and ensuring national defense and security in the region.

Can Tho will start and inaugurate 18 projects to celebrate the City Party Congress.

On September 22, Can Tho City will simultaneously start construction and inaugurate 18 key projects to welcome the 1st Congress of Can Tho City Party Committee, term 2025-2030.

Of these, 9 projects are invested by the Can Tho City Civil and Industrial Construction Investment Project Management Board, with a total capital of more than VND 3,375 billion. The projects include resettlement areas, green urban development, and medical centers.

The project to upgrade and expand National Highway 91 (section Km0-Km7) in Can Tho City will be started to welcome the Congress of Can Tho City Party Committee.

In addition, 9 other projects are implemented by units and localities, notably the Project to upgrade and expand National Highway 91, section Km0-Km7, traffic infrastructure works, anti-landslide works, schools, conference centers and WestFood Factory.

18 projects will be started and inaugurated simultaneously in person and online, with the two main points being the National Highway 91 Upgrade Project and the Green Urban Development Project in Nga Bay City, Hau Giang Province.

Quang Tri approves investment in 338 billion VND educational complex project

The People's Committee of Quang Tri province has just approved the investment policy of the Education Complex project in Dong Hoi ward with a total capital of 338 billion VND, a scale of 5.1 hectares and an operation period of 50 years.

The project was proposed by FPT Education Company Limited, aiming to provide inter-level general education and vocational education services. The designed capacity is expected to receive more than 3,840 students each year, with about 320 lecturers and staff.

The Education Complex Project in Dong Hoi Ward will have a land use scale of 5.1 hectares.

The items include lecture halls, multi-purpose halls, sports areas, landscapes and technical infrastructure. The project will be implemented over 6 years, divided into 2 phases, of which phase 1 will be completed within 3 years after land allocation, and phase 2 will continue for the next 3 years.

The Provincial People's Committee assigned the Department of Finance to advise on the selection of investors according to regulations. This is considered an important step towards developing the local educational infrastructure.

Ho Chi Minh City plans to start construction on 9 metro lines with a total investment of 44 billion USD.

Ho Chi Minh City plans to simultaneously start construction on 9 metro lines by the end of 2027 with a total length of about 355 km and a total preliminary capital of 44 billion USD.

Capital is mobilized from the budget, ODA, public-private partnership and land value exploitation according to TOD orientation. The city is building a capital mobilization project to ensure transparency, stability and feasibility.

Metro Line 1 (Ben Thanh - Suoi Tien) in Ho Chi Minh City has been put into operation.

The goal is to complete compensation, support, and resettlement for all routes by 2027, but experience from routes 1 and 2 shows many problems with infrastructure, legality, and public consensus.

The Ho Chi Minh City People's Committee has assigned the Urban Railway Management Board to be the investor of all nine routes, completing the feasibility study report and technical design in the 2025-2027 period. The city emphasized that site clearance will be the decisive step to ensure progress.

Construction organization in 3 shifts, 4 crews completed 3,000 km of highway and Long Thanh airport

Prime Minister Pham Minh Chinh requested ministries, branches and localities to speed up the implementation of key infrastructure projects, including the goal of completing 3,000 km of expressways and basically completing Long Thanh International Airport in 2025. This is a particularly important political task, associated with economic growth and welcoming the 14th National Party Congress.

Ensure completion of the target of 3,000 km of expressway and Long Thanh International Airport project by 2025.

The Government emphasized the need to organize construction in 3 shifts, 4 shifts, supplement human resources, equipment, and apply modern technical solutions to ensure progress and quality. At the same time, urgently hand over the site, complete investment procedures, and prepare to start construction of new projects on December 19, 2025.

Agencies, investors and contractors must be responsible to the Party, the Government and the People for progress, quality and safety. This is also a peak emulation period to create an infrastructure mark for the entire term.

Quang Ninh: Putting into operation Dong Mai Industrial Cluster with an area of 16 hectares

On the morning of September 19, Quang Ninh inaugurated the Dong Mai Industrial Cluster in Dong Mai ward, a project to welcome the 16th Provincial Party Congress, term 2025-2030.

The project is invested by Tan Dai Duong International Import Export Joint Stock Company, with a total investment of 281 billion VND, covering an area of 16 hectares. After only 9 months of construction, the industrial cluster was completed, affirming the province's commitment to developing industrial infrastructure.

Mr. Nguyen Van Cong, Vice Chairman of Quang Ninh Provincial People's Committee, spoke at the groundbreaking ceremony of Dong Mai Industrial Cluster. Photo: Quynh Nga

Dong Mai Industrial Cluster is oriented to attract industries in food processing, beverage, footwear, wood processing, metal processing services, etc. With synchronous infrastructure, the project will contribute to attracting investment, creating jobs, increasing budget revenue and improving people's lives.

Up to now, Quang Ninh has had 7 industrial clusters with a total area of over 373 hectares in operation, becoming an important driving force to promote the development of industry, trade and services of the province.

Can Tho implements investment procedures for 2 ODA traffic projects worth nearly 14,000 billion VND

Can Tho City is urgently carrying out investment procedures for two major transport projects using Japanese ODA capital, with a total investment of nearly 14,000 billion VND. These are the project to upgrade and expand the Can Tho - Hau Giang route (National Highway 61C) and the project to develop the Mekong Delta transport network to adapt to climate change - Project 1.

The National Highway 61C project is over 37 km long, upgraded from 2 to 4 lanes, with a total capital of over 5,179 billion VND. It is expected that the City People's Council will approve the investment policy resolution by the end of this year, starting construction in 2027 and completing in 2030.

The route connecting Can Tho - Hau Giang (National Highway 61C) will be invested in upgrading and expanding.

Project 1 consists of two components: upgrading the National Highway 61C section through Can Tho City and building a route connecting O Mon, Thoi Lai with Giong Rieng (Kien Giang), with a total capital of over VND 8,780 billion. Investment preparations are underway, expected to start in 2027 and complete in 2030.

According to the People's Committee of Can Tho City, these two projects will contribute to completing the regional transport network, promoting socio-economic development, expanding urban space and enhancing the ability to adapt to climate change.

Source: https://baodautu.vn/tphcm-sap-khoi-cong-9-tuyen-metro-44-ty-usd-can-tho-trien-khai-2-du-an-giao-thong-14000-ty-dong-d389668.html