In recent weeks, senior leaders across Vietnam have been participating in ceremonies throughout all 34 provinces and cities, showcasing a significant government initiative to accelerate development in key infrastructure sectors. This push focuses particularly on transport, energy, urban development, and logistics as pivotal elements driving economic growth.
The Ministry of Construction has outlined an ambitious plan involving numerous projects: 38 managed by central ministries and agencies, 39 overseen by state-owned corporations, and 157 carried out by local authorities. What’s particularly noteworthy is that private investment, amounting to around 82% of total funding, reflects Vietnam’s increasing reliance on non-state capital for its national development efforts. The growth in this sector underscores a shift in how infrastructure projects can be funded and managed.
A standout initiative in this extensive development plan is the Long Thanh International Airport, located in Dong Nai Province. The airport recently achieved a major milestone with its inaugural landings by major carriers such as Vietnam Airlines, Vietjet, and Bamboo Airways. Situated approximately 40 kilometers east of Ho Chi Minh City, Long Thanh is poised to become a key aviation hub for Southeast Asia, significantly boosting connectivity for both domestic and international travelers.
Alongside the airport, two crucial road links that connect it to the surrounding areas have also been opened to traffic, enhancing accessibility for passengers and cargo alike. These developments contribute not just to the efficiency of travel, but also to the overall economic vitality of the region.
In Ho Chi Minh City, construction is commencing on several critical gateway projects aimed at mitigating urban congestion and improving regional connectivity. One of these is the Component Project 2 of the HCMC–Moc Bai Expressway, a monumental 19.6 trillion VND route that will connect the city to the Cambodian border. At the same time, the Nguyen Khoai bridge-and-road project—a 3.7 trillion VND elevated corridor—is being built to alleviate chronic bottlenecks at the southern gateway.
Ho Chi Minh City is also witnessing the launch of the Ben Thanh–Can Gio metro line, which ranks among the most ambitious urban rail projects in the nation. Encompassing a 54-kilometer stretch at a dizzying design speed of up to 350 km/h, the line is expected to connect the city center with the southern coastal area in approximately 20 minutes. Scheduled for completion in late 2028, this project promises to revolutionize urban transport in the region.
Further south, Phu Quoc Island is making strides with its first urban light rail transit line, a 9 trillion VND endeavor developed by Sun Group in preparation for the APEC 2027 Summit. This nearly 18-kilometer line will link the island’s international airport to key event venues and tourism zones, significantly reducing travel times and promoting more sustainable transport options for both residents and visitors.
Meanwhile, in Hanoi, Vingroup has embarked on constructing an Olympic sports urban complex that spans over 9,000 hectares. With a staggering investment of approximately 925 trillion VND, this project is poised to become the largest urban development in Vietnam’s history. At its heart lies a 135,000-seat FIFA-standard stadium, inspired by the cultural heritage of Vietnam’s bronze drums, poised for completion in 2028.
The achievements are not limited to ongoing constructions. Recently inaugurated projects include the Binh Khanh Bridge in Ho Chi Minh City, which stands as Vietnam’s tallest cable-stayed bridge and represents a critical link on the Ben Luc–Long Thanh Expressway. Additionally, Hanoi’s Noi Bai International Airport has officially opened its expanded Terminal T2, increasing its international passenger capacity to 15 million annually and introducing a fully integrated digital airport ecosystem.
On the energy front, Vietnam Electricity has successfully energized the national power grid connection to Con Dao Island, replacing diesel-generated power with a stable supply from the mainland. Moreover, Vung Tau has launched a 1.1 trillion VND coastal revitalization project, transforming Bai Sau Beach into a modern public waterfront space that promises to enhance community engagement and tourism opportunities.
Construction Minister Tran Hong Minh emphasized that the scale and financial structuring of these projects highlight Vietnam’s success in mobilizing social resources. With private capital taking a central role in infrastructure development, these initiatives are anticipated to improve connectivity, enhance competitiveness, and support Vietnam’s strategic economic growth over the long term.
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