link ae888

Hanoi launches 2.2 billion USD belt road No. 4 project to boost regional connectivity

Work has started on a key section of the Belt Road No. 4 – Hanoi Capital Region expressway, one of the largest infrastructure projects in northern Vietnam, with a total investment of more than 56 trillion VND (around 2.2 billion USD).
Delegates press buttons to start the project. (Photo: Vietnamnet.vn)
Delegates press buttons to start the project. (Photo: Vietnamnet.vn)

Hanoi (VNA)ꦍ – Work has started on a key section of the Belt Road No. 4 – Hanoi Capital Region expressway, one of the largest infrastructure projects in northern Vietnam, with a total investment of more than 56 trillion VND (around 2.2 billion USD).

At a ceremony held on September 6 in Noi Bai commune, the Hanoi People’s Committee, the city’s Transport Project Management Board, and the Hanoi Belt Road 4 Expressway JSC jointly broke ground for Component 3 of the project. This section will be built under a public-private partnership (PPP) model. The expressway will stretch more than 113 km, including 103.8 km of the main route and 9.7 km of connecting roads toward the Noi Bai–Ha Long expressway. It is expected to be completed in 30 months. The project includes 13 elevated sections totaling 81 km, three major bridges across the Red River – Hong Ha, Me So, and Hoai Thuong – as well as eight interchanges and one fully completed junction. In its first phase, the road will have four lanes and a width of 17 metres. Deputy Chairman of the National Assembly Vu Hong Thanh said the project is a national priority and a “game changer” for transport in northern Vietnam.
The Belt Road No. 4 will link Hanoi directly with Hung Yen, Bac Ninh, and other neighbouring provinces, while connecting with existing radial expressways to form a modern, synchronised transport network for the Red River Delta, he emphasised. Approved by the National Assembly in June 2022 and greenlit by the Government shortly after, the project is seen as a new driver of growth. Once operational, it will not only ease congestion on existing roads, particularly the overloaded Belt Road No. 3, but also open up space for new urban, industrial, and logistics zones along the corridor. Chairman of the Hanoi People’s Committee Tran Sy Thanh stressed the urgency of building Belt Road No. 4, calling it essential for boosting connectivity, ensuring national defence and security, and creating an economic development corridor. The project will help ease population pressure in the inner city, attract investment, and foster balanced development across the region, he noted.
The Belt Road No. 4 project spans Hanoi, Hung Yen, and Bac Ninh provinces. So far, 98.5% of the required 1,382 hectares of land have been cleared, with full clearance targeted by the end of 2025. Construction of parallel roads, bridges, and drainage works is already underway, with overall progress reaching 52.6% of contract value. Hanoi leads with 70% completion, followed by Hung Yen at 45% and Bac Ninh at 34%. The parallel roads are expected to be largely completed in 2025 and fully finished by the first quarter of 2026. This is the first time Vietnam has applied the PPP model by dividing the project into smaller sub-projects, combining public investment with private capital. The groundbreaking comes as the country accelerates infrastructure development in line with the goals set out by the 13th National Party Congress. City leaders have called on contractors to mobilise maximum resources, equipment, and manpower to ensure safe, high-quality, and timely construction. Priority will be given to major bridges and interchanges, which are critical for connecting the entire route.
With Belt Road No. 4 and the planned Belt Road No. 5 which is expected to link five northern provinces by 2030, Hanoi and its surrounding region are on track to develop a modern, interconnected transport system that will cut travel times, reduce logistics costs, and drive sustainable urban growth./.
VNA

See more

The shift of global supply chains, coupled with the impacts of the Fourth Industrial Revolution, is opening up both opportunities and challenges for the Vietnamese economy.
According to preliminary statistics from Vietnam's Customs Department, as of August 15 this year the country's shrimp exports to China (including Hong Kong) surged by up to 76% over the same period last year (Photo: VNA)

🥃 Vietnamese shrimp exporters earn 767 million USD from China

​According to preliminary statistics from Vietnam's Customs Department, as of August 15 this year the country's shrimp exports to China (including Hong Kong) surged by up to 76% over the same period last year, reaching nearly 767 million USD and accounting for nearly 29% of the country's total shrimp export turnover.
Delegates at the 13th Mekong–RoK Business Forum (Photo: VNA)

Digitalisation in spotlight at Mekong–RoK forum

The 13th Mekong–Republic of Korea (RoK) Business Forum provided a platform to seek solutions for strengthening collaboration, overcoming economic challenges, and expanding opportunities for sustainable development in a volatile global environment.
Permanent Deputy Prime Minister Nguyen Hoa Binh speaks at the UK-Vietnam high-level IFC conference (Photo: VNA)

🔯 Vietnam needs support from UK partners in developing financial market: official

Ho Chi Minh City, as the country’s largest economic and financial hub, is expected to take the lead in key areas such as capital markets, banking, and commodity trading. Meanwhile, Da Nang, with its strategic location and open-minded spirit, holds great potential to become a pioneer in sustainable finance, green finance, and digital financial services.
Vietnam sets the target of transforming its stock market into an important channel for medium- and long-term capital mobilisation. (Photo: VNA)

ܫ Vietnam approves plan to upgrade stock market status

To deliver on the goal, the document highlighted the need to remove such barriers as pre-funding requirement for foreign investors ahead of trades while the central counterparty clearing (CCP) is being developed. Transparency on foreign ownership limits should be enhanced across all areas, together with streamlined registration procedures for account opening and indirect capital registration.
Deputy Director of the Department of Forestry and Forest Protection Nguyen Huu Thien (centre) and delegates press the buttons to officially launch the Vn-WoodID application. (Photo: VNS)

Tool for wood traceability management debuts

The application integrates artificial intelligence (AI) and is capable of analysing images of wood cross-sections, providing identification results with an accuracy of up to 98.6% in less than one second.
{ben bet}|{bet vnd}|{ghế bệt}|{góc bẹt}|{rio66 bet}|{rio66 bet}|{ku19 bet}|{cách gội đầu lâu bết}|{tk88 bet}|{bet 168}|