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Major projects set momentum for Vietnam’s new development phase

The projects include 59 in transport infrastructure, 44 in civil and urban works, 57 in industry, and 36 in technical infrastructure. A highlight is Viettel’s Research and Development Centre in Ho Chi Minh City, valued at 10 trillion VND, which will focus on semiconductors, AI, and data.

Key technical components of the Hai Anh – Quang Tri Wind Power Plant are fundamentally completed. (Photo: VNA)
Key technical components of the Hai Anh – Quang Tri Wind Power Plant are fundamentally completed. (Photo: VNA)

Hanoi (VNA) – A total of 250 projects across 34 cities and provinces on August 19 were inaugurated or launched, with a combined investment of nearly 1.3 quadrillion VND (around 49.44 billion USD), providing strong impetus for Vietnam’s transition into a new stage of growth.

The projects include 59 in transport infrastructure, 44 in civil and urban works, 57 in industry, and 36 in technical infrastructure. A highlight is Viettel’s Research and Development Centre in Ho Chi Minh City, valued at 10 trillion VND, which will focus on semiconductors, AI, and data.

Infrastructure remains a strategic breakthrough identified by the 13th National Party Congress. Under the “500 days and nights” campaign launched by Prime Minister Pham Minh Chinh, Vietnam has expanded its expressway network to 2,476 km and coastal roads to 1,397 km, surpassing set targets. By year’s end, the country expects to reach over 3,000 km of expressways, nearly 2,000 km of coastal roads, and the basic completion of Long Thanh International Airport.

Economists predict that these projects will contribute more than 18% to national GDP in 2025 and over 20% in subsequent years, supporting Vietnam’s goal of at least 8% growth in 2025 and double-digit growth from 2026–2030.

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Dozens of vehicles successfully test-load Rach Mieu 2 Bridge. (Photo: VNA)

Healthcare is another key area. Ten health projects were launched, including the 1,259-billion-VND Nghe An Oncology Hospital with 1,000 beds. From 2026 to 2030, Vietnam targets 90% of its population having access to comprehensive preventive healthcare and vaccination, and 100% receiving annual health check-ups.

In healthcare, ten projects were rolled out, including the 1,259-billion-VND Nghe An Oncology Hospital with 1,000 beds. From 2026, Vietnam aims for 90% of its population to access preventive healthcare and vaccinations, and 100% to undergo annual health check-ups. By 2035, with a population of 100 million, the government plans to allocate around 25 trillion VND annually for free health examinations. By 2045, Vietnam’s healthcare system is expected to fully meet public health demands, positioning the country among global leaders in social welfare.

Vietnam’s rising economic performance underpins these efforts, with per capita GDP climbing from just 121.72 USD in 1990 to an estimated 4,900 USD by the end of 2025, and a target of 7,500 USD by 2030./.

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#transport infrastructure #technical infrastructure #new era
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