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Vietnam launches dozens of massive housing, industrial and railway projects ahead of the 81st National Day

Vietnam launches dozens of massive housing, industrial and railway projects ahead of the 81st National Day

Vietnam launches dozens of massive housing, industrial and railway projects ahead of the 81st National Day
Ho Chi Minh City announced the start of 16 projects, including a social‑housing scheme with a preliminary investment of nearly VND16.37 trillion. The scheme will provide 2,253 apartments and is scheduled for handover in 2029.
Da Nang inaugurated three projects in the Nam Thang Binh Industrial Park, with a combined investment of VND1.1 trillion. The projects cover a ready‑built factory complex, a wastewater‑treatment plant and the second phase of technical infrastructure. Vice Chairman of the Da Nang City People’s Committee Phan Thai Binh said modern industrial infrastructure and high‑tech, environmentally friendly investment are key to achieving sustained double‑digit economic growth.
Hanoi broke ground on two railway projects. The Ngoc Hoi‑Kim Son section of the Eastern Ring Railway has a preliminary investment of VND27.75 trillion, stretches 31.3 km and is expected to be completed in December 2028. The Phu Xuyen‑Ngoc Hoi relocation project is 26.5 km long and should be finished by March 2027. Chairman of the municipal People’s Committee Vu Dai Thang said the projects are important for gradually reorganising the national railway network while ensuring consistency with Hanoi’s transport infrastructure and urban development plans.
All of these initiatives aim to improve urban conditions, increase passenger and freight transport capacity, and support continued double‑digit economic growth.
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