Investments

With a familiar presence in expressway projects, Son Hai Group has become synonymous with quality and assurance. The company's signature guarantee signs, proudly displayed on the roads they construct, promise a 5-year or even 10-year warranty, a testament to their commitment to durability and excellence.

The investor affirms that they have not received any formal complaints regarding the results of the contractor selection for the Ho Chi Minh City - Thu Dau Mot - Chon Thanh expressway project.

The private sector in Vietnam has faced numerous challenges, but the introduction of Resolution 68 has been a game-changer. This pivotal resolution has unlocked a world of opportunities, acting as a key to overcoming obstacles and paving the way for remarkable growth and transformation within the private sector. It has truly been a catalyst for shaping the nation's economy and fostering a thriving business environment.

"The business landscape is ever-evolving, and according to Professor Tran Dinh Thien, former President of the Vietnam Economic Institute, the challenges faced by businesses are mounting. In the past, for every two businesses that were established, one would withdraw. Now, the ratio is almost 1:1, indicating a more challenging business environment. This highlights the need for businesses to navigate these hurdles and persevere to thrive and grow."

The Ministry of Construction has approved the expansion of this expressway as an urgent construction project.

On May 27, an insightful discussion forum titled "Unblocking Institutional Bottlenecks - Unleashing Private Sector Resources" was held to reflect on policies, address challenges, and forge meaningful actions pertaining to Resolution 68.

Despite offering the lowest bid, Son Hai Group was unsuccessful in securing the contract for the Hochiminh City - Thu Dau Mot - Chon Thanh highway project, specifically for the section passing through Binh Phuoc province.

The project presents an opportunity to establish the longest-ever sea transport route, stretching from Mong Cai to Ca Mau.

In the first half of 2025, the Ho Chi Minh City Department of Civil Judgment Execution reported that they had successfully executed a case involving Dinh La Thang, which resulted in a staggering loss of 800 billion VND for the Vietnam National Oil and Gas Group.

"For the private sector to become the most important driving force, a transparent and fair system is essential. This requires consistent support and proactive initiatives from the state, as well as a proactive and ambitious mindset from private enterprises themselves."