Prime Minister Pham Minh Chinh attended the groundbreaking ceremony of the Tan Phuc – Vong Phan road project in Hung Yen province. This strategic infrastructure project is expected to boost the local economy and improve transportation in the region.
The road, with a total length of 29.2 km, will serve as the third “backbone” of Hung Yen province, connecting the Hanoi – Haiphong highway with National Highway 38B and National Highway 38. With a total investment of VND 2,986.8 billion from the local budget, the project includes essential land clearance, construction, and management costs.
The road will pass through 14 communes in three challenging districts of Hung Yen: An Thi, Tien Lu, and Phu Cu. Its construction is expected to break the transportation monopoly in these areas, facilitating the movement of goods and people, and promoting industrial and urban development along the route.
Addressing the ceremony, the Prime Minister urged Hung Yen province to expedite land clearance and resettlement, ensuring that the contractor can proceed with construction without delays. He also emphasized the importance of efficient project management and timely completion, encouraging the contractor to work diligently to finish the project by September 2025.
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Lizen has achieved a significant milestone by successfully deploying and implementing major high-speed construction projects in 2023. The company’s revenue has reached 2,030.5 billion VND, which is twice the amount compared to 2022. However, the post-tax profit has reached its lowest point in the past 6 years, dropping down to only 118.3 billion VND.
Vietnam’s largest province, yet still feels like a ‘tight-fitting shirt’, population of the dependent cities set to expand almost fourfold.
The Deputy Minister of Construction stated that currently, Nghệ An province is like a tight-fitting garment in terms of development. Changing the functions of urban areas will contribute to the economic and social development, not only for Vinh City but also for the entire region.