Want to be in the loop?
subscribe to
our notification
Business News
BIG-TICKET INFRASTRUCTURE PROJECTS PROPOSED FOR MEKONG DELTA
Sixteen infrastructure projects have just been proposed for the Mekong Delta, heard a recent meeting held in Can Tho City to discuss ways to respond to climate change.
These include projects to build coastal roads, inter-regional roads, dikes and reservoirs, with total capital of VND94,300 billion. They were proposed by the Ministry of Transport, the Ministry of Agriculture and Rural Development, and the Mekong Delta’s 13 provinces.
A major project in the list is a 415-kilometer coastal road passing through seven provinces of the delta — Tien Giang, Ben Tre, Tra Vinh, Soc Trang, Bac Lieu, Ca Mau and Kien Giang. Its estimated cost is nearly VND43,000 billion.
The other projects are a dike system along the Mang Thit River phase 2 in Vinh Long Province, the 36-kilometer National Highway 61C in Hau Giang Province, a road improvement in Dong Thap Province and a reservoir in An Giang Province. Their total cost is put at nearly VND15,000 billion.
Can Tho City, the economic center of the Mekong Delta, will invest nearly VND9,800 billion to expand a section of National Highway 61C passing through the city and roads linking O Mon, Thoi Lai and Giong Rieng districts with a combined length of 22.5 kilometers.
As for the regional planning, the Ministry of Transport proposed improving national highways 53, 62 and Nam Song Hau Road, which will require nearly VND7,160 billion.
The Ministry of Agriculture and Rural Development planned to invest in three projects with an estimated cost of VND6,620 billion, including improving a canal system to channel water from the Hau River to Ca Mau Peninsula, upgrading an inter-provincial canal system lying between the Tien River and the Hau River and the irrigation system connecting Bao Dinh-Go Cong-Tan Tru in Long An Province.
An amount of over US$2.8 billion, equivalent to VND66,282 billion for the projects, will be borrowed from foreign sources, while the reciprocal capital will be VND28,000 billion.
The investment policies for the projects are expected to be approved this year.
Source: The Saigon Times
Related News
MEMBER CORNER / PROMOTIONS
GET READY TO EXPLORE HONG KONG WITH A USD50 OFFER
Immerse yourself in the city’s iconic highlights—from the familiar rhythm of its trams and the poetic beauty of Victoria Harbour at dawn, to the city’s dazzling glow after dark; from distinctive local flavours to culture rich streets that have shaped the identity of this vibrant destination where East meets West. Experience it all today with promo code HK50OFF and enjoy USD50 off flights to Hong Kong.
VIETNAM ECONOMY INVESTMENT
FDI REGISTRATIONS REACH US$6.03 BILLION IN JAN–FEB
Vietnam saw US$6.03 billion in foreign investment registered in the first two months of 2026, down 12.6% year-on-year, while disbursed foreign direct investment (FDI) rose 8.8% to US$3.21 billion, the highest level for the two-month period in the past five years. According to the Foreign Investment Agency under the Ministry of Finance, the total registered foreign investment, including newly licensed projects, additional capital and capital contributions or share purchases, amounted to US$6.03 billion as of the end of February.
VIETNAM ECONOMY INVESTMENT
HANOI CITY WANTS DIGITAL ECONOMY TO CONTRIBUTE 22% TO GRDP BY 2026
The Hanoi City government aims for the digital economy to contribute 22% of the city’s gross regional domestic product (GRDP) by 2026, officials said on March 11. The target is part of the city’s implementation of Resolution 57-NQ/TW of the Politburo on breakthroughs in science, technology, innovation, and national digital transformation.
VIETNAM ECONOMY INVESTMENT
HCMC SETS DOUBLE-DIGIT GROWTH, GREEN TARGET FOR WOOD SECTOR
HCMC is aiming for double-digit growth in its wood industry in 2026, with 80% of products required to meet green and traceability standards. The target was announced by Nguyen Van Duoc, chairman of the HCMC People’s Committee, at the opening of the HCMC Export Furniture Fair 2026 (HawaExpo 2026) on March 4.
VIETNAM ECONOMY INVESTMENT
DONG NAI LOOKS TO BECOME CENTRALLY-RUN CITY BY 2030
Dong Nai Province has recently established a team to draft a master plan for transitioning the southern province into a centrally-run city by 2030. This team is tasked with conducting comprehensive research and reviewing current administrative standards, including urban classification, communal-level administrative systems, urbanization rates, and socio-technical infrastructure to ensure the province meets all legal requirements for a first-tier municipality.
HR / LABOUR/ EMPLOYMENT
VIETNAM’S HIRING OUTLOOK OPTIMISTIC IN Q2
Employers in Vietnam report an optimistic hiring outlook for the second quarter of 2026, with a net employment outlook (NEO) at 47% in the country’s inaugural edition of the ManpowerGroup Employment Outlook Survey. The survey, conducted between January 1 and February 3, gathered responses from more than 41,700 employers worldwide, including 260 companies in Vietnam.
Events Sponsors
