Tag: transportation industry

The groundbreaking ceremony for the Cát Lái and Long Hưng bridges, connecting Đồng Nai and Ho Chi Minh City with a combined investment of nearly 30 trillion VND, is set for January 15th. These landmark projects serve as a tribute to the 14th National Congress of the Communist Party of Vietnam.

After more than 15 years, National Highway 1A, spanning from Van Dien to Ngoc Hoi, has finally reopened, transformed into an expansive 8-lane boulevard. This significant upgrade not only alleviates traffic congestion but also revitalizes the southern gateway of Hanoi, marking a transformative change in its landscape.

Mr. Pham Lam, CEO of DKRA Vietnam, highlights a significant bottleneck in the real estate market: the affordable housing segment, particularly in Ho Chi Minh City, remains largely stagnant with no notable breakthroughs.