Want to be in the loop?
subscribe to
our notification
Business News
UNLOCK TRANSPORT POTENTIAL TO ACCELERATE MEKONG DELTA GROWTH: PM
Prime Minister Pham Minh Chinh called for “faster, bolder and greater” action in Mekong Delta transport infrastructure development, stating that each year must be better than the last, and each term must surpass the one before.

Prime Minister Pham Minh Chinh addresses the conference. (Photo: VNA)
Can Tho - Unlocking all modes of transport, including road, air, maritime, inland waterway, and rail, is key to lifting the Mekong Delta out of poverty and propelling its growth, Prime Minister Pham Minh Chinh has said.
Addressing a conference in Can Tho city on April 21 to review the progress of major transport infrastructure projects in the south, PM Chinh underlined that each generation must contribute to achieving this overarching goal.
According to the road network plan for 2021–2030 with a vision to 2050, the region will have 1,256km of roads, comprising three vertical and three horizontal expressways.
Currently, 121km of vertical expressways have been completed, including Ben Luc – Trung Luong – My Thuan (91km), My Thuan – Can Tho (23km) and My Thuan 2 Bridge (7km). From 2021 to 2025, ten additional expressway projects totalling 432km are being implemented. A further 703km are planned for the coming time, including the 90km Ca Mau – Dat Mui route.
With strong Government oversight and local cooperation, issues such as land clearance and the supply of construction materials have been largely resolved, allowing smoother implementation.
Key projects include Can Tho – Ca Mau (110km), which is scheduled to complete by 2025; Chau Doc – Can Tho – Soc Trang (191km), expected to finish in July 2026; and Cao Lanh – An Huu, to be completed by 2027. Meanwhile, the My An – Cao Lanh project's construction will begin June 2025, the Cao Lanh – Lo Te and Lo Te – Rach Soi projects have their construction deadlines in 2025, and the Ho Chi Minh Road (Rach Soi – Ben Nhat, Go Quao – Vinh Thuan) and Rach Mieu 2 Bridge are all scheduled for completion this year.
In aviation, the region currently has four airports: Can Tho, Ca Mau, Rach Gia and Phu Quoc. A high-speed rail line connecting Ho Chi Minh City and Can Tho (174km) is planned for investment before 2030, with a future extension to Ca Mau under review.
The maritime network includes 12 seaports across all delta localities, while a comprehensive system of inland waterways and logistics corridors is being developed.
PM Chinh affirmed that in special circumstances, with extraordinary efforts and methods, exceptional results have been achieved, surpassing initial targets.
He outlined three key requirements for all infrastructure projects: completion on time or ahead of schedule, high quality, and no cost overruns, adding there must be zero corruption and strict adherence to environmental standards.
The PM instructed the Ministry of Construction to issue guidance next week on adopting advanced technologies to accelerate construction.
With building materials now largely secured, he called on relevant ministries to expedite the reallocation of sand and the transfer of mining rights between projects to ensure resource efficiency. The Ministry of Finance was tasked with guaranteeing sufficient funding.
Drawing inspiration from the Great Spring 1975 Victory, the PM called for “faster, bolder and greater” action in transport infrastructure development, stating that each year must be better than the last, and each term must surpass the one before. He stressed a long-term vision that prioritises national interests above all.
By the end of the current term, the region is expected to have 600km of expressways, with a goal of at least 1,300km by 2030 - 100km more than initially planned.
Plans are also in motion to expand Phu Quoc, Ca Mau and Rach Gia airports, with local governments responsible for land clearance. Key seaports under development include Cai Cui, Tran De and Hon Khoai.
The Government leader also underscored the need for comprehensive and inclusive development, underpinned by transparency and accountability, with clear responsibilities, clear timelines, and clear outcomes.
He reiterated the principles of ensuring the benefits of the State, the people and enterprises, and say no to corruption and wastefulness of public assets and resources.
Beyond transport, the Government plans initiatives to combat land subsidence, erosion, and salinity, and to enhance health care, education and human resources development, he stated.
Source: VIR
Related News
EVFTA DEEPENS VIETNAM-EU RELATIONS AFTER SIX YEARS
The EVFTA acts as a vital economic highway to boost trade between Vietnam and EU. In 2019, the Vietnam – EU two-way trade stood at $49.8 billion. This figure rose to $74 billion by the end of 2025. In the first six months of 2026, two-way trade between Vietnam and the EU totalled $41.7 billion. Vietnam's exports to the EU reached $31.8 billion, while imports from the bloc stood at $9.9 billion.
AMRO UPGRADES VIETNAM GROWTH FORECAST TO 7.5 PER CENT
AMRO released its July 2026 Quarterly Update of the ASEAN+3 Regional Economic Outlook on July 27, projecting Vietnam to grow 7.5 per cent in 2026, up from its June forecast of 7.2 per cent. AMRO also raised its growth forecast to 7.3 per cent in 2027, up from its June forecast of 7 per cent, while revising down its inflation forecasts to 4.3 per cent in 2026 and 3.9 per cent in 2027.
VIETNAM APPROVES ROADMAP FOR INT’L FINANCIAL CENTERS THROUGH 2035
Vietnam has approved a development plan through 2035 for its international financial centers, with the one in Ho Chi Minh City positioned as a comprehensive global financial hub. Deputy Prime Minister Nguyen Van Thang, chairman of the governing board of the Vietnam International Financial Center, has signed the decision approving the development plan.
REMITTANCES TO HO CHI MINH CITY TOP $4BN IN H1 2026
Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter. The city received more than $2.03 billion in remittances in the second quarter. Tran Thi Ngoc Lien, deputy director of State Bank of Vietnam’s region 2 branch, said the second quarter was the first quarter this year to see remittances to Ho Chi Minh City increase from the preceding quarter, although the pace of recovery remained modest.
GLOBAL BEAUTY BRANDS EYE OPPORTUNITIES IN VIETNAM
Vietnam’s fast-growing beauty and personal care market is attracting thousands of international brands, with a major industry exhibition in Ho Chi Minh City bringing together more than 3,000 brands from over 24 countries and territories. The Vietbeauty, Cosmobeauté Vietnam and Beautycare Plus 2026 exhibitions officially opened in Ho Chi Minh City on Thursday, bringing together 600 exhibitors from Japan, South Korea, the United States, France, Singapore and Vietnam, among others.
HCM CITY PRIORITISES LOGISTICS INFRASTRUCTURE TO RAISE DIRECT IMPORT-EXPORT THROUGHPUT ABOVE 80%
HCM City aims to increase the proportion of imports and exports handled directly through its seaports, airports, railway terminals and inland container depots (ICDs) to more than 80 per cent during the 2026-30 period. With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
























