Prime Minister Pham Minh Chinh meets with Mr. Nghiem Gioi Hoa, founder of Pacific Construction Group – Photo: VGP/Nhat Bac
Delighted to meet Mr. Nghiem Gioi Hoa once again, Prime Minister Pham Minh Chinh commended the group’s involvement in key projects in Hanoi as a contractor. He welcomed the group’s proposals to participate in major infrastructure projects in Vietnam and urged increased investment, collaboration with Vietnamese enterprises, and the development of specific, flagship projects tied to technology transfer. These efforts will contribute to Vietnam’s socio-economic development and further strengthen the already robust bilateral relationship, benefiting both nations.
The Prime Minister encouraged Pacific Construction Group to explore further projects in Vietnam to maximize development opportunities – Photo: VGP/Nhat Bac
Emphasizing the critical role of long-term, visionary planning, the Prime Minister encouraged Pacific Construction Group to explore further projects in Vietnam to maximize development opportunities. This includes the proposed metro line connecting Tan Son Nhat Airport to Long Thanh Airport.
Mr. Nghiem Gioi Hoa announced that Pacific Construction Group has been awarded and is executing three major projects in Hanoi: the Tu Lien Bridge and its approach roads (groundbreaking on May 19, 2025), the Ngoc Hoi Bridge and its approach roads (groundbreaking on August 19, 2025), and the Van Cao-Hoa Lac section of Hanoi Metro Line 5 (groundbreaking on December 19, 2025).
Mr. Nghiem Gioi Hoa expressed a strong desire to engage in large-scale infrastructure projects and maintain long-term cooperation in Vietnam, aligning with the Prime Minister’s vision – Photo: VGP/Nhat Bac
Updating the Prime Minister on the progress of these projects, Mr. Nghiem Gioi Hoa outlined the group’s future cooperation plans in Vietnam. He expressed a strong desire to engage in large-scale infrastructure projects and maintain long-term cooperation, aligning with the Prime Minister’s vision. This includes partnerships with Vietnam Railways on rail industrial complexes and metro projects in Hanoi and Ho Chi Minh City, as well as urban infrastructure developments in Hanoi.
Chinese Conglomerate Leader Expresses Ambition After Securing $43 Billion in Vietnamese Projects
As a leading private enterprise in China’s infrastructure sector, this company has consistently ranked among the top 500 global corporations for a decade.
Prime Minister Meets with Leading Chinese Infrastructure Conglomerate Executives
On the afternoon of January 9th, Prime Minister Pham Minh Chinh received Mr. Yan Jiehe, the founder of Pacific Construction Group, a leading Chinese private enterprise specializing in investment, construction, operation, and infrastructure management. For a decade, this group has consistently ranked among the top 500 largest corporations globally.
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The Prime Minister has announced the allocation of over 995 trillion VND in public investment capital from the state budget to ministries and central agencies. To ensure maximum impact, the Prime Minister has urged expedited disbursement and accelerated allocation of public investment funds starting early 2026. Strong leadership and guidance are emphasized to achieve a 100% disbursement rate, ultimately contributing to double-digit growth in 2026.
Prime Minister Pham Minh Chinh: Termination of Ninh Thuan 2 Nuclear Power Agreement with Japanese Partner, Land Clearance to Commence in January 2026
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