Deputy Prime Minister Tran Hong Ha signed a decision on March 20, approving the adjustment of the investment policy for the project “Investment in construction of Hoa Lac – Hoa Binh road and renovation and upgrade of National Highway 6, Xuan Mai – Hoa Binh section” under the Public-Private Partnership (PPP) mode.
The project aims to gradually complete the expressway network according to the Road Network Planning for the period of 2021-2030, with a vision to 2050. It will also contribute to connecting the capital’s expressway network with the provinces of Hoa Binh, Son La, and Dien Bien. This project is expected to attract investors in various fields, especially urban, industrial, and commercial development, and services.
Hoa Lac – Hoa Binh Expressway
According to the decision, the adjusted scope of investment includes: Reducing the length of the Hoa Lac – Hoa Binh section from 25.69 km to 23.04 km, while keeping the starting point at Km6+680 in Yen Binh commune, Thach That district, Hanoi, which coincides with the end point of the project “Investment in construction of the Thang Long Avenue, the connecting section from National Highway 21 to Hanoi – Hoa Binh Expressway.”
The endpoint has been changed from Km32+367 to Km29+716 on the Hoa Lac – Hoa Binh road (intersecting with National Highway 6 at Km65+400) in Trung Minh ward, Hoa Binh city, Hoa Binh province. The scope of the Xuan Mai – Hoa Binh section of National Highway 6 remains unchanged.
The adjusted project scale involves expanding the Hoa Lac – Hoa Binh road to a six-lane expressway with a designed speed of 100 km/h. It will also include the construction of auxiliary roads, interchanges, rest stops, traffic safety facilities, operation centers, intelligent transportation systems, toll stations, and other necessary components to ensure a synchronous and efficient transport system, in line with current standards and regulations.
The expected implementation period for project preparation and investment is 2014-2028, including: the operation of the project under implementation from 2014 to 2018; and the implementation of the adjusted scope from 2023 to 2028 (including project preparation, construction, and completion for operation in 2028). The contract duration is expected to be from 2015 to 2051.
The adjusted total investment capital is estimated at VND 10,475 billion, including VND 2,476 billion, which has been invested in the project under operation (currently in the process of final settlement). The investment capital for the adjusted scope is approximately VND 7,999 billion, including compensation, support, and resettlement costs of VND 1,621 billion; construction and equipment costs of VND 4,590 billion; project management, consulting, and other costs (including loan interest) of VND 981 billion; and contingency costs of VND 807 billion.
“Submitting the Master Plan for Con Dao Airport to the Prime Minister in Q2, 2025”
Deputy Prime Minister Tran Hong Ha has instructed the Ministry of Transport and the People’s Committee of Ba Ria-Vung Tau province to undertake a study and formulate a master plan for the Con Dao Airport for the period 2021-2030, with a vision towards 2050. The plan is expected to be submitted to the Prime Minister in the second quarter of 2025.
A Race Against Time: Long Thanh Airport – Targeting 2025 for Completion
On the morning of December 3rd, Prime Minister Pham Minh Chinh visited Dong Nai province to inspect and expedite the progress of two key infrastructure projects: the Long Thanh International Airport and the Bien Hoa-Vung Tau Expressway. With his keen interest in these developments, the Prime Minister emphasized their strategic importance to the region’s economic growth and connectivity.
“The Capital Conundrum: Unraveling Hanoi’s ‘Super’ Transport Project Delays”
With a substantial budget of thousands of billions of dong allocated for construction, these projects are intended to alleviate traffic congestion: the expansion of National Highway 6, the extension of the Thang Long Boulevard expressway, and the Ring Road 1 section from Hoang Cau to Voi Phuc. However, the disbursement of funds for these initiatives has been slow, resulting in delayed progress and idle budget allocation.
“Capital Investment Adjustment Proposal for the Capital Region’s Ring Road 4 Project”
On the morning of October 3rd, Deputy Prime Minister Tran Hong Ha met with the People’s Committee of Hanoi and the provinces of Hung Yen and Bac Ninh, alongside relevant ministries, to discuss the progress of the construction investment project for the Capital Region’s Ring Road 4.
“Vinpearl Granted Extension for Submersible Vessel Services in Nha Trang Bay until March 2025”
Vice Prime Minister Tran Hong Ha has approved the extension of the pilot program for submarine tours in Nha Trang Bay. The decision was formalized in Document No. 724/TTg-CN, issued on September 28, 2024.
