Recent developments of Vietnam’s logistics infrastructure

07.07.2023

In the past two years, Vietnam's road system has added 600km of expressways, which is more than a half of the highways development in the previous 10 years.

Increase highway coverage

A series of component projects of the North-South Expressway phase 1 have reached the finish line spectacularly since the project occurred the strict construction conditions, site clearance, furthermore,  many construction sites are halted because there are no workers, materials during social distancing.

Some projects that were behind schedule until October 2022 such as: Mai Son - National Highway 45th, Phan Thiet - Dau Giay (Achieving 50 - 60% of the contract value.

However, from the end of 2022 and the beginning of 2023, highway projects that have been finished on time and put into operation including: Cao Bo - Mai Son (15km), Mai Son - National Highway 45 (63km), Phan Thiet - Dau Giay (99km). , Cam Lo - La Son (98km), Vinh Hao - Phan Thiet (101km), Trung Luong - My Thuan (51km), Cam Lam (50km) and Van Don - Mong Cai (80km).

In addition, the Ministry of Transport (MOT) also invests in road projects to ensure the goal of reaching 5000km of expressways by 2030 nationalwide.

For the railway, MOT has completed four important projects on the Hanoi-HCMC route to shorten running time and improve safety. By 2025, the industry is expected to complete 4 projects on algae improvement and upgrading.

In addition, MOT is also rushing to complete the investment policy of the North - South high-speed railway project, Lao Cai - Hanoi - Hai Phong, Ngoc Hoi - Thach Loi, Ho Chi Minh City - Can Tho, Bien Hoa - Vung Tau, Thu Thiem - Long Thanh,….

Regarding the seaport system, the ports are being synchronously invested and modernized. The capacity of inland waterways has also been improved, investment projects on the Duong bridge (Hanoi) to the north and routes in the Mekong Delta region have been improved.

About the upcoming direction of the Ministry of Transport

According to Deputy Minister of MOT Mr. Le Dinh Tho said that it is necessary to focus on speeding up the progress of projects. In which, the preparation, verification, appraisal and approval of the project feasibility study report will normally take from 1 to 1.5 years, but currently it is less than 6 months. The work of making, verifying, appraising and approving technical designs and cost estimations are reduced to 5 months.

In addition, the National Assembly has also approved a specific mechanism for infrastructure investment, shortening the procedures, allowing decentralization to speed up project progress. Establishing a State steering committee on national transport projects with Prime Minister is the head of the committee.

The Ministry of Transport will continue to restructure the transport market share in line with the set goals: reducing the road market share, increasing the market share of inland waterways and railways, thereby helping to reduce logistics costs, increasing competitiveness and ensuring traffic safety….

Source: https://dttc.sggp.org.vn/but-pha-ha-tang-giao-thong-giam-chi-phi-logistics-post106164.html

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