A credit contract worth 2.3 trillion VND (92.1 million USD) for the Dong Dang (Lang Son) - Tra Linh (Cao Bang) expressway project, developed under the public-private partnership (PPP) model, was signed at a ceremony on October 4.
Ho Chi Minh City aims to develop about 652 km of roads, 212 km of railways and BRT, and 365 km of inland waterways every year to achieve its socio-economic development goals.
The Department for Roads of Vietnam has proposed a project worth nearly 9.3 trillion VND (385 million USD) to upgrade and innovate parts of three national highways – No 53, No 62 ,and No 91B – in the Mekong Delta.
The Ministry of Transport said it has invested 800 billion VND (34.5 million USD) for repairs and upgrades to national highways in the Mekong Delta this year to ensure traffic safety.
After 130 years of development, Vietnam's railway network now has a total length of 3,160 km connecting residential areas and agricultural, industrial and cultural hubs from the North to the South.
Trucks, tipper lorries and lorries with trailers will not be allowed on certain roads in the central city of Da Nang during the Asia-Pacific Economic Cooperation (APEC) meetings in November.
The Government is concerned about the poor coordination and infrastructure undermining the major development potential of Vietnam’s 11 central localities, Deputy Prime Minister Vuong Dinh Hue told 500 business people and officials at the 2nd Central Coastal Economic Forum in Da Nang on September 25.
The Transport Ministry’s plan to install electronic toll collection (ETC) systems on national highways by July 1 has failed to meet the deadline due to several difficulties.
The My Loi bridge linking the two southern provinces of Long An and Tien Giang, which opens to traffic on August 29, will reduce the distance to the latter province from HCM City to 25km.