VND272 trillion will be needed for 88 infrastructure projects listed in the investment plan until 2030, according to the HCMC Department of Transport.

The section has a total length of 128.8km and investment of VNĐ25.54 trillion (US$1 billion).

The Ho Chi Minh City People's Committee has submitted a proposal to the Prime Minister for approval of the investment policy for the Phase 1 construction of the Ho Chi Minh City - Moc Bai Expressway.

A major infrastructure project, the Tran Quoc Hoan - Cong Hoa connecting road, aims to relieve traffic congestion at the Tan Son Nhat airport gateway.

Minister of Transport Nguyen Van Thang has affirmed that money is ready for disbursement and payments will be made gradually as the work goes on.

With the attendance of Prime Minister Pham Minh Chinh, Vietnam on April 21 kicked off the construction of a VND11 trillion (US$432 million) stretch of the North-South expressway to China.

The Party Politburo has called for continued investment in building urban railways and subways in Hà Nội, HCM City and other large cities.

Prime Minister Pham Minh Chinh directed ministries, agencies, and localities to address challenges hindering the timely supply of materials, particularly sand, for infrastructure projects in the Mekong Delta.

The Hanoi Department of Transport has proposed the municipal People’s Committee ask for the World Bank (WB)’s assistance in the technical design of the general layout for the Ngoc Hoi national railway station complex.

The Ministry of Transport said it will strive to complete procedures for 19 transport projects to start construction in 2024.

The project is expected to open the door to trade and economic connection in the northeast region, serving the goal of promoting socio-economic development in related provinces, contributing to ensuring national defense and security.

The construction progress of the elevated section of the Nhon-Hanoi Station urban railway line has reached 99.54 per cent with the completion of eight stations, according to the Hanoi Metropolitan Railway Management Board (MRB).

The Government has given the go-ahead to the commencement next week of construction work on four major road projects in southern Vietnam.

Foreign investment into transport segments continues to deviate despite the efforts of the transport sector and authorised agencies.

In the coming months, the Ministry of Transport is pushing investors and project management boards to complete investment procedures in order to commence 10 and complete nine projects in the second quarter.

The Mekong Delta province of Ben Tre plans to invest 13 trillion VND (547.25 million) in building a 53-km coastal road this year.

 VietNamNet Bridge – Sizable transport infrastructure projects in Vietnam have been doing sterling work in terms of official development assistance fund disbursement in the year to date.