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  1. VIETNAM TODAY

HCM City to break ground on, inaugurate 16 projects worth USD9.5 billion

HCM City plans to break ground on 11 projects and inaugurate five others worth VND 249.4 trillion (USD 9.5 billion) to mark the country's National Day on September 2.

Five of the new projects are in transport and are expected to improve regional connectivity, particularly between HCM City and Long Thanh International Airport in Dong Nai City.

The largest is the Thu Thiem-Long Thanh  railway, with estimated investment of VND 134 trillion. Other projects include upgrades and expansions of National Highways 1 and 13, costing VND 6.67 trillion and VND 6.28 trillion respectively, and two expressway components of the Ring Road 4 project worth a combined VND 11.83 trillion.

HCM City to break ground on, inaugurate 16 projects worth USD9.5 billion - 1
Long Thanh International Airport at night

The city also plans to begin a VND 7.21 trillion wastewater improvement project in the former Binh Duong area, including an expansion of Thuan An Wastewater Treatment Plant that will add 20,000 cubic metres of daily capacity.

Five social housing projects are also scheduled to break ground. They include the VND 64.05 trillion Ba Diem social housing urban area and a VND 16.37 trillion social housing development as part of the Ma Lang and Cho Ga-Gao urban renewal project in Ben Thanh Ward.

Three smaller developments are the VND 808 billion Dong Thanh social housing complex in Tan Dong Hiep Ward, the VND 367 billion Le Thanh Tan Tao 2 apartment project and a VND 307 billion social housing complex within the Tien Phuoc-Nam Thanh Pho residential development.

The city will also inaugurate the renovated HCM City branch of the Ho Chi Minh Museum, following an investment of VND 68.7 billion, and a VND1.17 trillion housing complex for city police officers in Dong Hung Thuan Ward.

Three school projects will open ahead of the 2026-2027 academic year, including the newly built and renovated Vo Truong Toan High School and upgrades to Tran Van Giau and Marie Curie high schools.

City authorities said accelerating land clearance and infrastructure relocation had helped major projects stay on schedule, supporting public investment disbursement and economic growth.

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