Vietnam in race against time to complete North-South Expressway

The Ministry of Transport has directed investors and project management boards to mobilise resources and equipment to reduce the timeframe for construction on the North-South Expressway.

Construction of the Quang Ngai – Hoai Nhon section of the North-South Expressway (Photo: VietnamPlus)
Construction of the Quang Ngai – Hoai Nhon section of the North-South Expressway (Photo: VietnamPlus)

Hanoi (VNA) – The Ministry of Transport has directed investors and project management boards to mobilise resources and equipment to reduce the timeframe for construction on the North-South Expressway.

Prime Minister Pham Minh Chinh launched a 500-day emulation campaign to complete 3,000km of expressways, so project management boards and construction teams are pushing hard to finish the projects early.

Ten component projects of the expressway’s eastern motorways are expected to be completed three to six months ahead of schedule. The highways include Bai Vot – Ham Nghi, Ham Nghi – Vung Ang, Vung Ang – Bung, Bung – Van Ninh, Van Ninh – Cam Lo, Quang Ngai – Hoai Nhon, Hoai Nhon – Quy Nhon, Quy Nhon – Chi Thanh, Chi Thanh – Van Phong, and Van Phong – Nha Trang.

According to the management board of the Chi Thanh – Van Phong project in Phu Yen province, the section is built at a total cost of over 10.7 trillion VND (433.6 million USD). More than 1,800 workers, and nearly 740 pieces of equipment have been mobilised for the project, and nearly 60% of the workload has been fulfilled so far.

The contractors have taken the advantages of the favourable weather conditions to push ahead with the construction, striving to finish it in September 2025, a representative from the management board said.

As for the Van Phong – Nha Trang project in Khanh Hoa province, the management board and contractors confirmed they are accelerating construction to receive traffic in April next year, six months earlier than the deadline set by the Prime Minister.

Meanwhile, the construction crew of more than 4,000 people have worked around-the-clock on the Quang Ngai – Hoai Nhon project in Quang Ngai and Binh Dinh provinces. Contractor Deo Ca Group JSC said that it is expecting to complete 61% of the workload by the end of this year.

North- South 2.webp
Deo Ca Group JSC has worked around-the-clock at the construction site. (Photo: VietnamPlus)

Contractors have finished 56% and 37% respectively of the workload of the Van Ninh – Cam Lo running through Quang Binh and Quang Tri provinces, and Can Tho – Ca Mau running through the five Mekong localities of Can Tho, Hau Giang, Bac Lieu, Kien Giang and Ca Mau.

According to the Ministry of Transport, Vietnam has constructed over 2,000 kilometres of expressway so far.

Over the past two years, the transport sector has achieved miracles as a series of component projects of the Eastern North-South Expressway have been completed and put into operation, transforming the country's transportation landscape.

North South 3.webp
The Ministry of Transport is striving to complete 3,000 kilometres of expressways by 2025. (Photo: VietnamPlus)

Based on the current pace, in just two more years, the component projects of the North-South Expressway will reach completion to meet the goal of achieving 3,000km of operational expressways by 2025. The improved transportation infrastructure is seen as a socioeconomic breakthrough for both the region and localities.

The North-South Expressway component projects for the 2021-2025 phase promise to create breakthroughs for both the region and each locality.

Minister of Transport Nguyen Van Thang emphasised that the Government and the Prime Minister have carefully directed ministries, sectors, and localities to coordinate in overcoming difficulties. They have issued numerous resolutions with specific mechanisms to address challenges regarding material sources./.

VNA

See more

Deputy Minister Tran Thanh Nam (front line, in a red tie) takes a photo with representatives of German associations and businesses at the event. (Photo: VNA)

Vietnam explores agricultural partnerships in Germany

A major highlight of the visit was a trade promotion forum on Vietnam–Germany agro-forestry-aquatic products, which attracted participation from various trade associations, vocational training institutions, German distribution channels, supermarket chains, and nearly 50 companies specialising in the production, processing, and logistics of agricultural, forestry, and aquatic products.

Ministerial-level negotiation session between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson Greer (Photo: VNA)

Vietnam, US promote negotiations on reciprocal trade agreement

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson Greer reached a high consensus on principles, approaches, content orientations, and negotiation plans, thereby establishing a foundation for subsequent negotiation sessions to achieve positive outcomes.

Le Thanh Lam, CEO of TOPSKILLS, shares insights into the role of AI in modern HR management at the launch event of the AI-Powered TMS system in HCM City on May 16. (Photo: courtesy of the organisers)

AI helps businesses build resilient, adaptable succession teams

Experts said that in the context of digital transformation and AI increasingly becoming key drivers of business innovation, building a capable succession team—those who will lead the company toward sustainable growth—has become an urgent priority.

Prime Minister Pham Minh Chinh and Thai Prime Minister Paetongtarn Shinawatra witnessed the exchange of the MoU between the Ministry of Industry and Trade and Thailand's Central Group. (Photo: VNA)

MoIT, Thailand’s Central Group forge partnership to boost Vietnamese exports

The MoU, signed as part of Thai Prime Minister Paetongtarn Shinawatra’s official visit to Vietnam from May 15-16, was the result of extensive discussions between the two sides, aimed at enhancing the presence and competitiveness of Vietnamese products, particularly consumer goods, and agricultural and aquatic products.

Chu Lai Port welcomes the Chana Bhum, a Singapore-flagged vessel operated by RCL, marking the opening of the Chu Lai–India shipping route. (Photo: VNA)

Vietnamese firm, Thailand-based shipping line cooperate to launch Chu Lai - India direct call service

The direct call service helps cut transportation time, reduce costs, increase competitiveness by bypassing major transshipment ports in northern and southern Vietnam. At the same time, it opens up new trade opportunities, promotes logistics activities, develops supply chains, strengthens regional connectivity, and enhances the position of Chu Lai Port on the international maritime map.

Deputy Minister of Finance Cao Anh Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, US foster bilateral economic, financial cooperation

Strengthening the Vietnam - US economic and financial cooperation will open new avenues for collaboration and serve as a symbol of trust and a substantive Comprehensive Strategic Partnership for mutual prosperity, a Vietnamese official has said.

Ba Ria-Vung Tau seaport (Photo: VNA)

Resolution 68: A game-changer for Vietnam’s private sector

Beyond regulatory reform, Resolution 68 provides support policies for access to land, capital, and high-quality human resources, while also promoting digital transformation, innovation, sustainable development, and global value chain integration.

A booth at VietOffice 2024. The first VietOffice held in May last year was a success, generating positive results. (Photo: VNA)

VietOffice 2025 expected to attract 100 exhibitors

The event will see the participation of about 100 exhibitors from eight countries and territories, namerly India, Taiwan (China), China, the Republic of Korea, Japan, Hong Kong (China), the US, and Vietnam.

Illustrative image (Photo: VNA)

Exporters diversify orders to reduce reliance on single market

Facing the risks posed by trade barriers and potential reciprocal tariffs from the US, many businesses have proactively shifted their market strategies, stepped up trade promotion, and diversified their orders to reduce reliance on a single market.

A customer buys petrol at a station in Hanoi. (Photo: VNA)

Government proposes 2-pp VAT reduction on select goods and services until 2026

A 2-percentage-point reduction in the value-added tax (VAT) for goods and services will lead to a decrease in state revenue by approximately 121.74 trillion VND (over 4.69 billion USD) over the proposed period. This includes an estimated 39.54 trillion VND in the second half of 2025 and 82.2 trillion VND in 2026.

Illustrative photo (Photo: VNA)

Petrol prices up in latest adjustment

E5 RON92 petrol is now capped at 19,180 VND (0.74 USD) per litre, up 403 VND from the previous adjustment, while RON95-III petrol costs 19,594 VND per litre, up 415 VND.