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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

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28.9 C
Ho Chi Minh City
Wednesday, July 16, 2025

Half of Can Tho budget planned for traffic projects

The Saigon Times

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HCMC – The Mekong Delta city of Can Tho has allocated VND11,000 billion, or 45% of the city’s budget, for traffic projects in its mid-term public investment plan for the 2021-2025 period.

Tran Viet Truong, chairman of the Can Tho People’s Committee, said the city wants to improve its road network.

The projects primarily focus on provincial roads that connect the districts within the city, namely 917, 918, 921 and 922.

A significant portion of the investment will be directed towards the Can Tho western beltway project, a crucial undertaking that commenced in November last year at a total cost of VND3,838 billion. The State budget contributes VND2,000 billion to this project.

In early July, Prime Minister Pham Minh Chinh urged Can Tho City to make necessary preparations for the implementation of major investments outlined in the regional infrastructure planning, which includes a high-speed railway and several expressways.

Regarding waterways, the efforts involve dredging projects in Dinh An Canal and activities aimed at upgrading facilities at Cai Cui Port in the southeastern part of the city.

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