PM urges speeding up construction of key transport projects

Prime Minister Pham Minh Chinh asked for the acceleration of national key transport projects by removing bottlenecks and speeding up investment procedures and site clearance work while chairing the 14th meeting of the State steering committee for national key transport projects in Hanoi on September 17.

Prime Minister Pham Minh Chinh chairs the 14th meeting of the State steering committee for national key transport projects in Hanoi on September 17. (Photo: VNA)
Prime Minister Pham Minh Chinh chairs the 14th meeting of the State steering committee for national key transport projects in Hanoi on September 17. (Photo: VNA)

Hanoi (VNA) – Prime Minister Pham Minh Chinh asked for the acceleration of national key transport projects by removing bottlenecks and speeding up investment procedures and site clearance work while chairing the 14th meeting of the State steering committee for national key transport projects in Hanoi on September 17.

PM Chinh, also head of the committee, highlighted that 40 transport projects are being carried out across 48 cities and provinces, saying since the clock is ticking for the nation to complete 3,000 kilometres of expressways by 2025 as set at the 13th National Party Congress, the whole political system, socio-political organisations, people, and contractors must join hands to carry out the projects in the spirit of "working together, winning together, benefiting together, and developing together”.

He went on to underscore that Typhoon Yagi and its aftermath has caused devastating damage to the northern region, and cost the nation roughly 40 trillion VND (1.6 billion USD), adding together with recovery measures, accelerating the disbursement of public investment, including in transport projects, will contribute to bolstering the economic growth.

At the 13th meeting of the steering committee on August 8, the PM assigned 42 tasks to ministries, sectors and localities, which focus on handling difficulties and bottlenecks, intensifying land clearance work, and providing building materials for key projects in the southern region.

Competent sides have so far completed 11 tasks in line with schedule, and are carrying out 29 others, while two have not met the deadline.

The Ministry of Construction has issued documents guiding localities in calculating construction material costs, and removed difficulties in expenditure management for key projects.

The Ministry of Agriculture and Rural Development has submitted to the National Assembly Standing Committee adjustments to the resolution on changing land use purpose for the construction site of the eastern section of the North-South Expressway for the 2021-2025 period.

Meanwhile, the Ministry of Planning and Investment submitted to the Government the draft law on adjusting and supplementing several articles of a number of laws to remove bottlenecks in investment and construction, and a proposal on adjusting the public investment plan in 2024.

The Commission for the Management of State Capital at Enterprises has presented to the Government an investment plan for expanding the Ho Chi Minh City – Long Thanh highway, and directed the Vietnam Electricity to guide its units in tackling difficulties regarding the relocation of high-voltage power lines.

In the meantime, the Ministry of Transport submitted to the Politburo a proposal investment policy for a North – South high-speed railway.

Localities across the nation also ramped up efforts to make pre-feasibility study reports on several projects, including the Ho Chi Minh City Ring Road 4 and the Ninh Binh – Hai Phong and Hoa Binh – Moc Chau highways, and complete dossiers on the adjustments of investment policies for many others like the Dong Dang – Tra Linh and Bien Hoa – Vung Tau highways, and Nam Thang Long urban area – Tran Hung Dao urban railway.

Notable progress has been made in site clearance of many projects, but Dong Nai, Binh Duong, Khanh Hoa and Lang Son provinces have not met requirements./.


VNA

See more

Key export sectors such as textiles – garments, footwear and furniture, along with many signature products of Da Nang, have strong potential to expand their markets through online export channels. (Photo: VNA)

Da Nang seeks to boost online exports

To help businesses go global, Da Nang is shifting from supporting individual online activities to developing an integrated ecosystem covering products, branding, platforms, payments, logistics, legal issues and market information. This is also part of the city’s e-commerce development orientation for 2026-2030, which identifies e-commerce as an important component of the digital economy.

Deputy Minister of Foreign Affairs Le Thi Thu Hang receives Rolf Mutzenich, a member of the Foreign Affairs Committee of the German Bundestag, in Hanoi on August 18. (Photo: baoquocte.vn)

Vietnam welcomes German firms’ expansion

Vietnam welcomes and stands ready to create favourable conditions for German businesses to expand their investment and operations in the country, particularly in infrastructure, smart seaports, renewable energy, high-speed railways, science and technology, and high-quality human resource training.

Khanh Hoa province has the largest sheep population in Vietnam, with around 100,000 individuals. (Photo: VNA)

Khanh Hoa province explores Halal ecosystem development

Khanh Hoa aims to estabish itself as a Halal-friendly destination while supporting businesses in expanding export markets, attracting strategic partners and investors, and drawing projects from countries with strong Halal logistics, tourism, manufacturing, processing and agriculture sectors.

The proportion of Vietnamese goods remains high at supermarkets. (Photo: VNA)

Vietnamese brands win over domestic consumers to go global

Amid increasingly fierce global competition, the goal is no longer simply to increase domestic consumption of Vietnamese goods, but to develop strong Vietnamese brands capable of winning consumers through quality, innovation and added value, thereby creating a stepping stone for expansion into international markets.

Illustrative image (Photo: VNA)

Automated VAT refunds to be rolled out from December

As of August 11, VAT refunds rose 32% from a year earlier, reaching 64.4% of the full-year estimate. Tax authorities issued 11,627 refund decisions totaling 111.726 trillion VND (4.26 billion USD), up 9% by volume. The payouts improved cash flow for companies and supported production, trade and exports.

ST25 rice is the centrepiece of the Vietnam Goods Week at Selgros. (Photo: VNA)

ST25 rice officially enters Selgros wholesale supermarket chain in Germany

The placement of ST25 rice on Selgros shelves not only creates an additional opportunity for German consumers to access Vietnamese rice products, but also contributes to efforts to increase the added value of Vietnamese agricultural products by shifting the focus from volume to quality, branding and value.

Trains on the elevated section of the Cau Giay – Nhon route in Hanoi provide convenient transportation for local residents. (Photo: VNA)

Multimodal connectivity to drive Vietnam’s transport infrastructure

Under the proposed approach, roads would serve mainly as connectors and for first- and last-mile transport; railways would handle large volumes over long distances; maritime transport would serve import and export cargo; inland waterways would carry large volumes at low cost; and air transport would focus on fast delivery and high-value goods.

Amata Industrial Park in Dong Nai city (Photo: VNA)

Green shift powers investment in southeast Vietnam

The Amata Industrial Park in Dong Nai City, established 32 years ago and covering more than 500ha, is home to over 160 domestic and foreign businesses. Selected in 2020 as one of three national pilot sites for conversion into an eco-industrial park, Amata has raised its compliance with the international eco-industrial park framework from 41% to 86% in 2024, and is working towards becoming Dong Nai's first certified eco-industrial park.

At a port in Ho Chi Minh City (Photo: VNA)

Multi-channel capital mobilisation needed to achieve double-digit growth

The Ministry of Finance estimates development investment for 2026-2030 at a minimum of 38.5 quadrillion VND (1.48 trillion USD), or about 40% of GDP. The state budget is expected to provide only about 20%, or more than 7.7 quadrillion VND, leaving over 80%, or more than 30 quadrillion VND, to be raised from the broader economy. That makes expanding capital mobilisation channels beyond bank credit essential.