Inauguration of 1.3 billion USD factory in Binh Duong; Groundbreaking of 1,500 billion VND Logistics Center

LEGO inaugurates $1.3 billion factory in Binh Duong on April 9

The LEGO Group’s $1.3 billion factory in VSIP III Industrial Park, Binh Duong will officially open on April 9, 2025. This is the fastest-progressing project among LEGO factories of the same scale, and is being implemented on schedule thanks to active support from the central and local governments. The factory will begin trial operations in November 2024, with the first “Made in Vietnam” product expected to be shipped in the second half of 2024.

LEGO factory to start trial operations in early November 2024

The project covers an area of ​​44 hectares with 5 main buildings, totaling about 150,000 m². LEGO has installed 12,400 solar panels with a capacity of 7.34 MWp, enough electricity for about 1,270 households/year. The packaging line uses paper bags instead of plastic bags and aims to generate no landfill waste. Binh Duong Provincial Party Secretary Nguyen Van Loi pledged to remove remaining obstacles before March 30, 2025 to facilitate LEGO's operations.

Quang Tri starts construction of 236 billion VND dry port

On March 25, Quang Tri province held a groundbreaking ceremony for the Vsico Quang Tri Dry Port Project in Lao Bao town, Huong Hoa district. The project is invested by Vsico Maritime Joint Stock Company, with a total capital of about 236 billion VND, an area of ​​8.6 hectares, located in the Lao Bao Special Economic Zone.

The project aims to build a system of warehouses, equipment, and technical infrastructure to serve the loading, unloading, storage, and customs clearance of goods. Upon completion, the dry port is expected to achieve a customs clearance capacity of 50,000–100,000 TEU containers and 1 million tons of bulk cargo per year.

Delegates perform the groundbreaking ceremony of the Vsico Quang Tri Dry Port project

Acting Chairman of the Provincial People's Committee Ha Sy Dong emphasized that the project will contribute to promoting economic development, creating jobs, ensuring social security and accelerating urbanization. He requested the investor to organize the construction drastically, methodically, ensuring quality, safety and progress, striving to complete phase 1 in the first quarter of 2026. Relevant agencies were assigned to coordinate closely, remove obstacles, ensure construction conditions and put the project into effective operation soon.

Commencement of 2 projects worth over 4,000 billion VND in Phong Dien Industrial Park, Hue City

On March 25, at Phong Dien Industrial Park (Hue City), two large projects with a total capital of more than 4,000 billion VND were started.

The first project is the Dat Phuong Super White Flower Glass Factory invested by Dat Phuong Glass Joint Stock Company, with a scale of 12.18 hectares, capital of 2,000 billion VND, capacity of 400 tons/day. The factory will produce construction glass and glass for solar panels meeting European and American standards, creating jobs for 400 workers and contributing about 150 billion VND/year to the budget.

Groundbreaking Ceremony of Dat Phuong Super White Flower Glass Factory Project

The second project is the Creanza High-Tech Quartz Sand Processing Plant invested by Creanza CNC Materials Joint Stock Company, covering an area of ​​12.72 hectares and costing VND2,187 billion. The plant has a capacity of 72,000 tons of cristobalite and 1.6 million m² of quartz stone per year, expected to operate from the first quarter of 2027, creating stable jobs for 300-400 workers, contributing about VND96 billion per year.

Chairman of Hue City People's Committee Nguyen Van Phuong pledged to accompany and create maximum conditions for the projects to be completed on schedule and develop sustainably.

Hanoi speeds up progress of railway and Ring Road 4 projects - Capital Region

The Hanoi People's Committee has just issued Official Dispatch No. 1078/UBND-DT to implement the Prime Minister's direction on accelerating the progress of the Ring Road 4 - Capital Region Project and key railway projects. The city requested relevant districts to urgently complete site clearance on time; the Department of Finance advised on transferring capital sources and agreed to adjust the component project in Hung Yen province.

Perspective of a section

Project

Ring Road 4 - Hanoi Capital Region.

The Traffic Construction Investment Project Management Board needs to prepare documents to start construction on May 19, 2025. At the same time, departments and localities must coordinate to implement site clearance and resettlement for railway projects such as the North-South high-speed line, Lao Cai - Hanoi - Hai Phong.

For urban railway line No. 2.1 (Nam Thang Long - Tran Hung Dao), the city assigned the Department of Finance to advise on budget capital allocation while waiting for ODA loan negotiations; at the same time, it requested relevant units to promptly relocate Battalion 10 to implement the project on schedule.

Hanoi finalizes plan for route connecting to Gia Binh Airport

The Hanoi People's Committee has just agreed on a plan for a route connecting Gia Binh Airport (Bac Ninh) to the center of the capital, the section passing through Hanoi is 14 km long, of which 7 km is newly built and 7 km coincides with the Hanoi - Thai Nguyen/Ring Road 3 expressway. The route will connect through Trung Mau station and Tu Lien bridge intersection, ensuring regional connectivity and convenient traffic.

The city will maintain the Lao Cai – Hanoi – Hai Phong railway line, proposing local adjustments to facilitate the design of the intersection. Hanoi will also coordinate with Bac Ninh to establish a 1/2000 scale zoning plan for both sides of the route, promoting urban development and TOD (directed transportation) areas.

Regarding the investment mechanism, Hanoi proposed the form of public-private partnership (PPP), BT contract type, each locality is responsible for site clearance and use of corresponding land fund in its area. The two sides will summarize the report to the Prime Minister in the last week of March 2025 to request approval for project implementation.

Hau Giang ceases operation of Long My 1 Wind Power Plant

The People's Committee of Hau Giang province has agreed to terminate the operation of the Long My 1 Wind Power Plant Project invested by Envision Energy (Hong Kong) Limited and Envision Energy Viet Soc Wind Power Investment Limited.

The project was approved for investment in 2020 and granted an investment certificate in 2021, with a total capital of VND 3,220 billion, a design capacity of 100 MW, located in Long My district.

The Provincial People's Committee assigned the Department of Finance to carry out the procedures for terminating the project according to regulations; assigned the Department of Agriculture and Environment to coordinate with the Long My District People's Committee to manage and monitor land use after the project ceases operation. At the same time, the investor is required to complete the liquidation procedures and related obligations according to the law.

Hai Duong stops 6 public investment projects, plans 198 new residential area projects

Hai Duong province has just temporarily suspended 6 public investment projects using provincial budget capital with a total capital of more than 1,600 billion VND to implement the plan to reorganize the political system. The suspended projects include 1 project to build a centralized administrative area, 2 projects to repair the headquarters of the provincial Court and Procuracy, and 3 information technology and radio and television projects.

In 2025, localities will propose a list of 198 detailed plans for new residential areas (Illustration photo). Photo: Thanh Chung

In addition, the Provincial People's Committee directed localities to temporarily suspend the implementation of investment procedures for new construction and repair of headquarters, halls, cultural houses, commune-level police stations... if construction has not yet begun.

Regarding planning, in 2025, localities in the province proposed to establish 198 detailed planning projects for new residential areas (including 73 transitional projects and 125 new projects). The approval rate of projects in 2024 is still low, only reaching about 17%. Vice Chairman of the Provincial People's Committee Luu Van Ban requested to only include in the planning list projects serving resettlement, key development, national security and defense, and urgent needs.

Vung Ang - Ha Tinh Port No. 3 officially opened

On March 25, 2025, the Vietnam Maritime Administration (Ministry of Construction) officially announced the opening of wharf No. 3 at Vung Ang port, Ha Tinh province. The wharf is managed by Lao-Viet International Port Joint Stock Company, located in Vung Ang Economic Zone (Ky Loi commune, Ky Anh town), and will start operating from March 25, 2025.

Vung Ang Wharf No. 3 will officially be put into operation from March 25, 2025.

The wharf has a shore-connected structure, 225m long, receiving general cargo ships with a capacity of up to 45,000 DWT, maximum displacement of 55,052 tons. The port has the function of receiving ships, loading and unloading goods and providing related maritime services.

Ha Tinh Maritime Port Authority is responsible for specialized State management in this area. Lao-Viet International Port Joint Stock Company must ensure proper exploitation, safety, compliance with laws and related technical regulations.

Groundbreaking ceremony of VSIP Thai Binh Industrial Park Project with an area of ​​333.4 hectares

On March 26, 2025, the VSIP Thai Binh Industrial Park project (333.4 hectares, investment capital of nearly 212 million USD) officially started construction in Thai Thuy district, with the online participation of Vietnamese Prime Minister Pham Minh Chinh and Singaporean Prime Minister Lawrence Wong from the Government Headquarters.

The project is invested by Vietnam - Singapore Urban and Industrial Park Development Joint Stock Company (VSIP), aiming at a low-carbon industrial park model, integrating modern and environmentally friendly technology. This is a symbol of the strategic cooperation between the two countries, continuing the success of 20 VSIP zones currently operating in Vietnam.

Prime Minister Pham Minh Chinh speaks at the groundbreaking ceremony of VSIP Thai Binh Industrial Park project from the Government Headquarters.

Prime Minister Pham Minh Chinh expressed his hope that the new generation VSIP model will promote innovation, green transformation, digital transformation and enhance business cooperation. The Singaporean Prime Minister affirmed his belief in Vietnam's development potential and pledged to develop VSIPs that are smarter, greener and more efficient.

The project is expected to become a driving force for sustainable industrial development in Thai Binh, conveniently connecting with Lach Huyen Port (Hai Phong), contributing to attracting high-tech investment and manufacturing. At the groundbreaking ceremony, VSIP also awarded memorandums of understanding to 11 secondary investors and 25 scholarships to local students.

Technical opening of Huong River overpass bridge 2,280 billion VND

On March 26, 2025, the People's Committee of Hue City held a technical opening ceremony for Nguyen Hoang Bridge over the Huong River, part of the Nguyen Hoang Road and Huong River Overpass Project, with a total investment of more than VND 2,280 billion. The project was completed after 814 days of construction, nearly 9 months ahead of schedule, celebrating the 50th anniversary of Hue City Liberation Day.

Delegates cut the ribbon to open Nguyen Hoang overpass to traffic.

The bridge has a unique design inspired by the image of the crane worshipping Thien Mu, with "V" shaped pillars symbolizing the crane, imbued with the identity of the ancient capital. The project contributes to completing the traffic network, reducing the load on National Highway 1A and inner-city routes, promoting the development of satellite cities in the West of Hue City.

In addition, the project creates momentum for economic, social, tourism and service development, improves people's lives and effectively exploits land funds on both sides of the route, contributing to the expansion of Hue urban area and increasing local budget revenue.

Groundbreaking ceremony of Chan May Logistics Center project

On the afternoon of March 26, 2025, LEC Group Joint Stock Company (LEC Group) officially started the construction of Chan May Logistics Center Project in Chan May - Lang Co Economic Zone, Phu Loc District, Hue City. The project has a total investment of more than 1,500 billion VND, a scale of 33.62 hectares, including a modern warehouse system, a goods coordination center, customs services and multimodal transportation.

Perspective of Chan May Logistics Center Project.

The project is expected to improve Hue’s logistics capacity, create jobs, promote socio-economic development in the Central region, and become an important link in the national and international supply chain. LEC Group is committed to implementing the project on schedule, ensuring quality, safety and environmental standards.

Chairman of Hue City People's Committee Nguyen Van Phuong highly appreciated the investor's capacity and affirmed that the locality will accompany and provide maximum support for the project to be completed soon, meeting the needs of wharfage and transportation at Chan May port. During the groundbreaking ceremony, LEC Group also signed cooperation agreements with many strategic partners to attract more businesses, making Chan May the leading logistics center in the Central region.

Ho Chi Minh City issues plan to invest in 355 km metro, line 2 to start construction at the end of 2025

On March 26, 2025, the Ho Chi Minh City People's Committee issued a plan to invest in 355 km of urban railway (metro) by 2035, according to Resolution 188 of the National Assembly on special mechanisms for Ho Chi Minh City and Hanoi. The plan includes 7 key work groups, 74 specific tasks with clear timelines, and assigns detailed responsibilities to each department and branch.

Currently, Ho Chi Minh City has only built one metro line Ben Thanh - Suoi Tien - Photo: Le Toan

Metro Line 2 (Ben Thanh – Tham Luong) will be the earliest project to start construction, expected in December 2025. Before that, the City will complete the procedures for converting capital from ODA to public investment and organize a bidding process to select a contractor.

For the remaining 6 routes, Ho Chi Minh City will focus on completing procedures and site clearance in the 2025-2027 period, with construction expected to start in 2027 and be completed in 2035. The total investment capital for the entire metro system in the next 10 years is estimated at 40.2 billion USD, mobilized from many sources such as local budgets, bond issuance, and ODA capital.

The Ho Chi Minh City People's Committee requested the Urban Railway Management Board to reorganize the investment management model in 2025 to meet the requirements of fast and effective implementation of the metro system according to a special mechanism.

Proposal to supplement the planning of the Ho Chi Minh City - Can Gio metro line worth 4.09 billion USD

The Ho Chi Minh City Department of Transport and Public Works has just proposed to the Ministry of Construction to add the Ho Chi Minh City - Can Gio metro line to the list of priority projects according to Resolution 188/2025/QH15 and adjust it to the general planning of Ho Chi Minh City until 2040, with a vision to 2060.

Metro Line 12 is expected to be 48.7 km long, elevated, double track 1,435 mm gauge, designed speed 250 km/h, axle load 17 tons. The line starts from District 7, passes through Nguyen Luong Bang - Rung Sac and ends at Can Gio sea encroachment urban area. Two depots will be located in District 7 and Long Hoa commune (Can Gio).

Illustration photo.

Vingroup Corporation proposed to invest in the project under the PPP method, BOO contract, with a total estimated capital of 4.09 billion USD (about 102,370 billion VND). Of which, the cost of site clearance is about 8,665 billion VND, construction and installation is more than 37,500 billion VND, the rest is for equipment, tax, reserve and management costs.

This metro line is expected to improve connectivity and promote the development of Can Gio into a new growth pole of Ho Chi Minh City.

Technical opening of Quang Da bridge, connecting Da Nang and Quang Nam

On the morning of March 27, 2025, Da Nang City held a ceremony to open the Quang Da Bridge, a project connecting Da Nang and Quang Nam, on the occasion of the 50th anniversary of the city's liberation. The project is invested by the Da Nang Management Board of Investment and Construction of Transport and Agricultural Works, with a total capital of more than 274 billion VND.

Quang Da Bridge is 1,408m long, spanning the Yen River, connecting Hoa Vang district (Da Nang) with Dien Ban town (Quang Nam), contributing to completing the regional traffic network, promoting socio-economic development and enhancing regional connectivity.

Chairman of the Da Nang People's Committee Le Trung Chinh emphasized that the project not only has traffic significance but also historical value and symbolizes solidarity between the two localities. He requested to continue completing auxiliary items and maintain maintenance work so that the project can be effective, serving people to travel safely, conveniently and sustainably.

Quang Ninh: Starting construction of 5 industrial clusters in 2025, total capital of more than 2,100 billion VND

In 2025, Quang Ninh will start construction of 5 industrial clusters (ICs) with a total investment of more than 2,100 billion VND to promote economic growth according to plan No. 69/KH-UBND. This is part of the plan to develop 45 ICs in the province by 2050, with 36 ICs deployed in the period 2021-2030.

Convenient transportation system is an attractive point for investors to Quang Ninh.

Dong Mai Industrial Park (Quang Yen Town), with an area of ​​16.2 hectares, is the earliest project to start construction (January 2025), has completed 50% of the infrastructure and is expected to welcome investors in the fourth quarter of 2025. Other industrial parks such as Dam Ha B, Trang An, Van Don and Yen Than are also implementing procedures or are expected to start construction this year.

The locality is committed to creating favorable conditions for investors through administrative reform, supporting site clearance, and handing over land on schedule.

In addition, Quang Ninh is promoting the establishment of 6 more industrial parks, including a supporting industrial park in Ha Khau ward (Ha Long city), invested by Viet Hung Industrial Park Development Joint Stock Company with a scale of 68.22 hectares, the main business is the production of auto components and spare parts. This project will complete infrastructure and come into operation from the third quarter of 2027.

The route connecting Hai Duong with Hai Phong City is expected to start construction in July 2025.

The project connecting National Highway 17B (Kinh Mon town, Hai Duong) with Provincial Road 352 (Hai Phong city) is expected to start construction in July 2025. The project is invested by the Hai Duong Provincial Construction Investment Project Management Board, with a total investment of more than 786 billion VND, a route length of about 7.22 km, and will be implemented from 2024 to 2026.

Route plan of the road connecting National Highway 17B (Hai Duong province) with Road 352 (Hai Phong city).

The route starts at Long Xuyen ward and ends at Minh Hoa commune (Kinh Mon), connecting to the area where the Kinh Thay river bridge is planned to be built. Phase 1 will invest in a 12m wide roadbed, 11m wide road surface and synchronous technical infrastructure items. The project aims to strengthen inter-regional connectivity, promote Kinh Mon urban development and create momentum for socio-economic development of the entire Hai Duong province.

In parallel, the project to renovate and upgrade provincial road 390 (over 5 km long, with an investment capital of over VND 412 billion) is also urgently completing the final items and is expected to be completed before April 10. When completed, together with Quang Thanh bridge and related traffic systems, the projects will contribute to completing infrastructure, attracting investment and promoting the development of the Hai Duong - Hai Phong area.

Assigning the competent authority to invest in the Hoa Binh - Moc Chau expressway with a capital of 5,876 billion VND

Deputy Prime Minister Tran Hong Ha has agreed to assign the People's Committee of Hoa Binh province to be the managing agency to invest in the Hoa Binh - Moc Chau expressway, section Km0 - Km19, under the form of public investment. The project has a scale of 4 lanes, a design speed of 80 km/h, with a total estimated investment of VND5,876 billion, of which the local budget is VND1,598 billion and the central budget supports VND4,278 billion.

Previously, the People's Committee of Hoa Binh province proposed to separate the 7km section that coincides with the planning of the Hoa Binh - Moc Chau expressway for separate investment, and at the same time adjust the PPP method to public investment because the financial plan is not feasible.

This route will connect key projects such as the Hoa Lac – Hoa Binh Expressway, Hoa Binh 5 Bridge and the Hoa Binh – Moc Chau Expressway section Km19 – Km53, creating an important inter-regional traffic axis. Hoa Binh 5 Bridge is expected to start construction in the 2026–2030 period, while the Km19 – Km53 section has been started since September 2024 and is expected to be completed in 2028.

The People's Committee of Hoa Binh province is required to urgently complete investment preparation procedures and implement the project in accordance with regulations, ensuring efficiency and avoiding waste.

Hung Yen promotes investment in China

From March 23-28, 2025, a delegation from Hung Yen province led by Secretary of the Provincial Party Committee Nguyen Huu Nghia visited, worked and promoted investment in China. In Xi'an city (Shaanxi province), the delegation held an investment promotion conference with nearly 100 enterprises, introducing the potential for high-tech industrial development, modern services and pledging to provide maximum support to investors.

Hung Yen Provincial Investment Promotion Council in Xi'an City, Shaanxi Province, China with the participation of nearly 100 enterprises.

At the conference, Hung Yen signed a memorandum of understanding with a consortium of investors including Xi'an GSR Energy Storage Technology (China), Makara Fund (Singapore) and Newtechco Group Joint Stock Company (Vietnam) to study investment in projects to produce solar panels, fast charging station equipment and storage batteries with a total area of ​​100 hectares. In addition, the two sides will survey the development of a green hydrogen production plant (3 million tons/year) and SMR power technology.

Previously, the delegation worked in Beijing, meeting with leaders of the Central Committee of the Communist Party of China and the Beijing Municipal Party Committee. The two sides agreed to strengthen cooperation in trade, investment, digital transformation, innovation and high-tech industry. Hung Yen affirmed its readiness to accompany and support Chinese enterprises to invest long-term and effectively in the locality.

Ho Chi Minh City proposes to amend capital disbursement regulations to remove obstacles for Can Gio International Port project

The Ho Chi Minh City People's Committee has just proposed that the Government submit to the National Assembly to amend the regulations in Resolution 98/2023/QH15 to remove obstacles for the Can Gio International Transit Port Project with a total investment capital of up to VND 113,531 billion (equivalent to USD 4.8 billion) and a 22-year implementation period.

Currently, regulations require strategic investors to disburse all capital within 5 years from the date of being granted an investment certificate, while the Project is divided into 7 investment phases from 2027-2045, with the first phase only disbursing about 18,837 billion VND.

Perspective of Can Gio International Transit Port Project

Ho Chi Minh City believes that current regulations are not suitable for large infrastructure projects with long implementation periods, affecting financial efficiency and market absorption capacity, and risk disrupting national seaport planning.

The city proposed amendments to allow strategic investors to disburse a minimum of VND50,000 billion within 10 years from the date of land handover, while maintaining the condition that the project cannot be transferred during this period.

Ninh Thuan proposes to be the competent authority to accelerate the progress of the nuclear power project.

The People's Committee of Ninh Thuan province has just proposed that the Government assign the province as the competent authority to implement the resettlement and site clearance component project of the Ninh Thuan 1 and 2 Nuclear Power Plant Project.

According to the Provincial People's Committee, if the Prime Minister is the competent authority as prescribed by current regulations, it will be necessary to establish a State Appraisal Council and fully implement the appraisal, approval and adjustment processes, leading to a prolonged time, making it difficult to ensure the site clearance progress in 2025 as directed by the Government.

An area of ​​Ninh Thuan 1 Nuclear Power Project.

Assigning the Provincial People's Committee as the competent authority will help proactively carry out related procedures such as planning, contractor selection, technical design, etc., provided that the total investment does not exceed the approved amount.

The province also proposed to be allowed to carry out site clearance and resettlement work simultaneously with the adjustment of the Provincial Planning for the 2021-2030 period to hand over the site in 2025. At the same time, it proposed that the National Assembly allow the separation of compensation, support, and resettlement into independent component projects, helping to shorten procedures and speed up the implementation of the two nuclear power plants.

Source: https://baodautu.vn/khanh-thanh-nha-may-13-ty-usd-tai-binh-duong-khoi-cong-trung-tam-logistics-1500-ty-dong-d259985.html