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    Vietnam initiates a $129 billion infrastructure project spanning from Long Thanh airport to the Phu Quoc metro.

    In a powerful show of commitment to national development, senior leaders across Vietnam gathered for ceremonies in all 34 provinces and cities. This initiative underlines the government’s determination to prioritize strategic transport, energy, urban development, and logistics infrastructure. These sectors are seen as essential drivers of economic growth, fostering connectivity, and enhancing the quality of life for citizens.

    According to the Ministry of Construction, the scale of these infrastructure projects is impressive. There are 38 projects managed by central ministries and agencies, 39 overseen by state-owned corporations, and a massive 157 implemented by local authorities. Notably, non-state capital represents about 82% of the total funding, highlighting Vietnam’s increasing reliance on private investment as a means to boost national development and stimulate economic activity.

    A standout project in the spotlight is the Long Thanh International Airport in Dong Nai Province. Recently, this ambitious infrastructure project achieved a key milestone with its first official landings by prominent airlines such as Vietnam Airlines, Vietjet, and Bamboo Airways. Located approximately 40 km east of Ho Chi Minh City, this airport is anticipated to become a major aviation hub for Southeast Asia. The development includes critical road links, particularly segments of Ring Road 3, which were also opened to traffic, enhancing accessibility for future travelers.

    In Ho Chi Minh City, the construction landscape is thriving with various gateway projects aimed at alleviating traffic congestion and boosting regional connectivity. Noteworthy among these is the commencement of Component Project 2 of the HCMC–Moc Bai Expressway. This nearly 51-km route, with an investment of VND19.6 trillion, will link the bustling city with the Cambodian border, improving trade routes and easing cross-border travel. Additionally, the Nguyen Khoai bridge-and-road project—a VND3.7 trillion elevated corridor—has begun, specifically designed to alleviate persistent traffic bottlenecks at the southern gateway of the city.

    In a significant move towards modern urban mobility, Ho Chi Minh City also launched the Ben Thanh–Can Gio metro line. Spanning approximately 54 km with a design speed of 350 km/h, this VND102.4 trillion project aims to connect the city center with the southern coastal area in just about 20 minutes. Scheduled for completion in late 2028, it stands as one of the country’s most ambitious urban rail projects, symbolizing a leap forward in public transportation.

    Further south, Phu Quoc Island has broken ground on its first urban light rail transit line, a VND9 trillion endeavor by Sun Group aimed at supporting preparations for the upcoming APEC 2027 Summit. Stretching nearly 18 km, this light rail line will link the island’s international airport with key event and tourism zones, significantly reducing travel times and promoting sustainable transport solutions on the island.

    The capital city, Hanoi, is not to be outdone. Vingroup has initiated construction on an Olympic sports urban complex sprawling over 9,000 hectares, with a staggering total investment of about VND925 trillion, making it the largest urban development project in Vietnam’s history. This complex will feature a 135,000-seat FIFA-standard stadium inspired by the rich heritage of Vietnam’s bronze drums, set to be completed by 2028.

    Additionally, several projects have successfully crossed the finish line, showcasing Vietnam’s rapid development. The Binh Khanh Bridge in Ho Chi Minh City has been inaugurated, now recognized as the tallest cable-stayed bridge in the country. It forms a vital link along the Ben Luc–Long Thanh Expressway, facilitating smoother transit within the region. Furthermore, Hanoi’s Noi Bai International Airport unveiled its expanded Terminal T2, increasing international passenger capacity to 15 million annually while introducing Vietnam’s first fully integrated digital airport ecosystem, enhancing the travel experience.

    In a bid to modernize energy infrastructure, Vietnam Electricity has completed the national power grid connection to Con Dao Island, replacing traditional diesel-generated electricity with a reliable supply from the mainland. Meanwhile, Vung Tau inaugurated a VND1.1 trillion coastal revitalization project aimed at transforming Bai Sau Beach into a modern public waterfront, which not only enhances aesthetics but also supports local tourism.

    Construction Minister Tran Hong Minh emphasized the significance of these projects. He noted that their scale and the innovative funding structures reflect Vietnam’s ability to mobilize social resources effectively. The increasing role of private capital in infrastructure development marks a transformative step for the nation, aiming to improve connectivity, boost competitiveness, and align with Vietnam’s long-term economic growth strategy.

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