North-South expressway’s Nha Trang – Cam Lam section underway

PSNews - A Build-Operate-Transfer (BOT) contract for the construction of the Nha Trang – Cam Lam expressway, a subproject of the North-South expressway, was signed in Hanoi on May 6.

Delegates signing contract on May 6.
Delegates signing contract on May 6.

The Ministry of Transport and the Son Hai Group (the main investor in the project) signed the contract on May 6, making the Nha Trang – Cam Lam expressway project the first PPP project on the North-South expressway signed between the Ministry of Transport and the investor.

The 50-kilometer section will start in Dien Tho Commune of Dien Khanh District and end in Cam Thinh Tay Commune of Cam Ranh City. It will have four lanes and a design speed of 80 kilometers per hour, the local media reported. 

The section, located in Khanh Hoa province, has total investment of over VND5.5 trillion (US$239 million) including over VND2.5 trillion from the investor and over VND2.9 trillion from the State budget. The project will be implemented over two years and a payback period of about 16 years and four months.

The investor will have six months to mobilize capital from banks to execute the subproject. If it fails to mobilize capital, the Ministry of Transport will cancel the contract. 

At the contract signing ceremony, Son Hai Group Chairman Nguyen Viet Hai committed to executing the subproject with the best quality and progress possible to meet the expectations of the Ministry of Transport and the people. 

Deputy Minister of Transport Le Dinh Tho asked the Son Hai Group to complete procedures to borrow loans from banks early and execute the subproject in a transparent manner with its progress and quality being the top priorities.

The North-South Expressway project in the 2017-2020 period has 11 subprojects. Eight of them are under construction. In the 2021-2025 period, Vietnam targets to have at least 2,000 kilometers of expressways and by 2025, the figure would be 4,000 kilometers stretching from the northern province of Lang Son to the southernmost province of Ca Mau.

By Thien Minh

Other News

Hanoi to provide free textbooks from 2026–2027 school year

Hanoi to provide free textbooks from 2026–2027 school year

The municipal Department of Education and Training will work with the Department of Finance to guide wards, communes and educational institutions in implementing the student support policies adopted by central authorities and the municipal People’s Council.

Vietnamese students shine at AIMO 2026 international finals

Vietnamese students shine at AIMO 2026 international finals

The Vietnamese team won one Champion title, four First Runner-up awards, three Second Runner-up awards, 42 gold medals, 83 silver medals, 70 bronze medals and two consolation prizes at the 2026 International Finals of the Asia International Mathematical Olympiad Open Contest (AIMO) held in Hanoi on August 2-5.

Politburo's Resolution 57-NQ/TW powers new growth momentum

Politburo's Resolution 57-NQ/TW powers new growth momentum

NSO Director Nguyen Thi Huong said alongside foreign investment and the green economy, science – technology, innovation, the digital economy and digital transformation are the new drivers that can can pack a serious second-half punch.

Vietnam’s poverty reduction miracle: A journey for the people

Vietnam’s poverty reduction miracle: A journey for the people

From a country where more than 50% of the population lived below the poverty line in the early 1990s, Vietnam has reduced its poverty rate to just 2.95% today. This achievement reflects not only the effectiveness of socio-economic development policies, but also Vietnam’s ability to translate growth into tangible opportunities for its people, steadily realizing inclusive development and ensuring that no one is left behind.

Can Tho boosts Vietnamese language support for ethnic minority children

Can Tho boosts Vietnamese language support for ethnic minority children

Backed by more than 4.2 billion VND (161,000 USD) from the State budget, the programme aims to strengthen children's Vietnamese communication skills before they begin primary school, helping them integrate more smoothly into the classroom and improve learning outcomes from the outset.

Powering growth: Ensuring reliable energy supply to keep investment flowing

Powering growth: Ensuring reliable energy supply to keep investment flowing

Across Ha Tinh and Nghe An, maintenance teams conduct inspections day and night, using thermal cameras and drones to detect potential faults without interrupting electricity supply. Their work helps ensure stable power supply for businesses as the region accelerates development in line with the Government's economic growth targets.

One Vietnamese worker killed in Japan earthquake

One Vietnamese worker killed in Japan earthquake

The Embassy of Vietnam in Japan and its labour management board are actively implementing citizen protection measures and maintaining close contact with relevant organisations and companies employing Vietnamese workers in the affected areas to monitor the situation.

Hanoi to support low-income residents in replacing high-emission motorbikes

Hanoi to support low-income residents in replacing high-emission motorbikes

A key task is to formulate a support scheme for low-income residents to replace ageing motorcycles and mopeds that fail to meet emission standards and pose a high risk of pollution. It will also propose funding to provide free first-time emission testing for motorcycles and mopeds across the city.

UNESCO endorses vision for restoring Thang Long Imperial Citadel's central axis

UNESCO endorses vision for restoring Thang Long Imperial Citadel's central axis

The committee commended Vietnam for fulfilling the commitments it has made since the citadel was inscribed on the UNESCO World Heritage List in 2010, as well as for implementing recommendations from the committee and its advisory bodies. It also praised the country's efforts to preserve the site's cultural, historical and social values, transforming the imperial citadel into a space for public engagement, cultural exchange and historical education. The committee further welcomed the long-term vision as an important basis for the proposed restoration of Kinh Thien Palace in line with the approved conservation strategy.

Border guards seize 15,200 drug pills, heroin in major trafficking bust

Border guards seize 15,200 drug pills, heroin in major trafficking bust

At about 10:15 pm on July 20, officers from the Operations Division of the Nghe An Border Guard Command and the Nam Can International Border Gate Border Guard Station, in coordination with customs officers at the Nam Can International Border Gate, caught a resident of Tan Tien hamlet, Chieu Luu commune, Nghe An province, allegedly transporting narcotics in Tien Tieu hamlet, Nam Can commune.