Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM PLANS EXPANSION OF 15 SECTIONS OF NORTH-SOUTH EXPRESSWAY

A bird’s eye view of a section of the North-South Expressway - PHOTO: LE VU
HCMC – Vietnam’s Ministry of Construction has proposed expanding 15 sections of the eastern North-South Expressway, instead of prioritizing upgrades on the busiest stretches, with construction on eligible projects expected to start in early 2027.
Minister of Construction Tran Hong Minh on June 2 approved a plan to expand 15 component projects along the eastern North-South Expressway that were initially built under a phased investment approach.
The sections slated for expansion include Mai Son-National Highway 45, National Highway 45-Nghi Son, Nghi Son-Dien Chau, Bai Vot-Ham Nghi, Ham Nghi-Vung Ang, Vung Ang-Bung, Bung-Van Ninh, Van Ninh-Cam Lo, Quang Ngai-Hoai Nhon, Hoai Nhon-Quy Nhon, Quy Nhon-Chi Thanh, Chi Thanh-Van Phong, Van Phong-Nha Trang, Vinh Hao-Phan Thiet, and Phan Thiet-Dau Giay.
All 15 sections will be expanded to a full six-lane expressway standard, with design speeds of 100-120 km/h.
The preliminary investment cost for the 15 component projects is estimated at around VND129 trillion. Once completed, toll collection will be implemented on the expanded sections to help recover investment costs for the state budget.
Three sections developed under public-private partnership (PPP) formats, namely Dien Chau-Bai Vot, Nha Trang-Cam Lam and Cam Lam-Vinh Hao, are also being considered for expansion.
The Ministry of Construction said existing investors would be given priority to study and implement the upgrades, though the projects could be converted to public investment if the investors are unable to proceed.
Minister Tran Hong Minh instructed relevant agencies to finalize the necessary documentation for submission to the government and the National Assembly for approval. Authorities aim to begin construction on eligible projects in early 2027 and complete the expansion of the eastern North-South Expressway by the end of 2030.
Source: The Saigon Times
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.
























