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[BUSINESS] · Vietnam · 7 sources

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Vietnam discusses 162 trillion VND investment for three expressway projects

The Vietnamese National Assembly is discussing investment policies for three major expressway projects: Bao Ha - Lai Chau (Bao Ha - Tan Phong section), Quang Ngai - Kon Tum, and Moc Chau - Son La - Dien Bien. These projects require a total budget of over 162,393 billion VND.

During the discussion, Minister of Construction Tran Hong Minh addressed technical specifications, noting that the expressways will feature four lanes with emergency stopping areas. Due to difficult mountainous terrain, the design speed for these sections will be 80 km/h, while speeds in lowland areas will range between 100 and 120 km/h.

National Assembly delegates expressed concerns regarding the financial capacity of local provinces, particularly Lai Chau, to contribute to the investment. It was noted that the proposed contribution from Lai Chau could represent approximately 38.7% of its total budget plan for the 2026–2030 period, potentially straining resources for essential services like healthcare, education, and poverty reduction.

Entities

Kon Tum · Lai Chau · National Assembly of Vietnam · Quảng Ngãi · Trần Hồng Minh