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Major projects set momentum for Vietnam’s new development phase
The projects include 59 in transport infrastructure, 44 in civil and urban works, 57 in industry, and 36 in technical infrastructure. A highlight is Viettel’s Research and Development Center in Ho Chi Minh City, valued at VND 10 trillion, which will focus on semiconductors, AI, and data.
Key technical components of the Hai Anh – Quang Tri wind power plant are fundamentally completed__Photo: VNA

A total of 250 projects across 34 cities and provinces on August 19 were inaugurated or launched, with a combined investment of nearly VND 1.3 quadrillion (around USD 49.44 billion), providing strong impetus for Vietnam’s transition into a new stage of growth.

The projects include 59 in transport infrastructure, 44 in civil and urban works, 57 in industry, and 36 in technical infrastructure. A highlight is Viettel’s Research and Development Center in Ho Chi Minh City, valued at VND 10 trillion, which will focus on semiconductors, AI, and data.

Infrastructure remains a strategic breakthrough identified by the 13th National Party Congress. Under the “500 days and nights” campaign launched by Prime Minister Pham Minh Chinh, Vietnam has expanded its expressway network to 2,476 km and coastal roads to 1,397 km, surpassing set targets. By year’s end, the country expects to reach over 3,000 km of expressways, nearly 2,000 km of coastal roads, and the basic completion of Long Thanh International Airport.

Economists predict that these projects will contribute more than 18 percent to national GDP in 2025 and over 20 percent in subsequent years, supporting Vietnam’s goal of at least 8 percent growth in 2025 and double-digit growth from 2026–2030.

Dozens of vehicles successfully test-load Rach Mieu 2 bridge__Photo: VNA

Healthcare is another key area. Ten health projects were launched, including the VND-1,259-billion Nghe An Oncology Hospital with 1,000 beds. From 2026 to 2030, Vietnam targets 90 percent of its population having access to comprehensive preventive healthcare and vaccination, and 100 percent receiving annual health check-ups.

In healthcare, ten projects were rolled out, including the VND-1,259-billion Nghe An Oncology Hospital with 1,000 beds. From 2026, Vietnam aims for 90 percent of its population to access preventive healthcare and vaccinations, and 100 percent to undergo annual health check-ups. By 2035, with a population of 100 million, the government plans to allocate around VND 25 trillion annually for free health examinations. By 2045, Vietnam’s healthcare system is expected to fully meet public health demands, positioning the country among global leaders in social welfare.

Vietnam’s rising economic performance underpins these efforts, with per capita GDP climbing from just USD 121.72 in 1990 to an estimated USD 4,900 by the end of 2025, and a target of USD 7,500 by 2030.- (VNA/VLLF)

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