A graphic image of the Olympic sports urban area project in Hanoi.

The launching of key projects was held across 34 provinces and cities nationwide, targeting to celebrate the 11th National Emulation Congress and 14th National Party Congress.

There are 148 projects starting construction and 86 projects being inaugurated and technically cleared, including 38 projects from ministries and agencies, 39 from corporations and state-owned enterprises, and 157 managed by local administrations.

The total investment for these projects exceeds VND3.4 quadrillion (US$129 billion), of which state funding amounts to over VND627 trillion, accounting for 18 percent, while the remaining 82 percent, approximately VND2.79 quadrillion is sourced from non-budget sources.

The ceremonies are organised both in person and online, with 79 locations nationwide, symbolising the 79th anniversary of the National Resistance Day (December 19, 1946 - 2025).

Notable projects include the groundbreaking of the Olympic Sports Urban Area in Ha Noi, the launch of the first flight under the first phase of the Long Thanh International Airport project; the groundbreaking of the first component of the Lao Cai–Ha Noi–Hai Phong railway project; and the groundbreaking of the Red River Landscape Boulevard in Ha Noi.

Key projects lay foundation for sustainable national development

These key projects span critical sectors such as transport infrastructure, energy, urban development, digital transformation, industry, agriculture, healthcare, and education. Many are large-scale, inter-regional projects that serve as growth engines, helping to connect economic hubs, reduce logistics costs, and improve productivity across the country.

A major contribution of the 234 key projects lies in strengthening national infrastructure. Flagship transport projects, including expressways, airports, seaports, and railways, are expected to improve connectivity between regions, facilitate trade and investment, and create new development corridors. This infrastructure upgrade will not only support domestic economic activities but also enhance Viet Nam’s integration into regional and global supply chains.

The projects also play an important role in promoting economic restructuring and innovation-driven growth. Investments in renewable energy, digital infrastructure, high-tech manufacturing, and smart urban development contribute to the transition towards a greener, more resilient, and more modern economy. By prioritizing innovation and sustainability, these projects align with Viet Nam’s long-term development strategies and international commitments on climate change and green growth.

In addition, the 234 key projects generate strong spillover effects for social development. They create millions of jobs, improve access to public services, and help narrow development gaps between regions. Projects in healthcare, education, and social infrastructure contribute directly to improving people’s quality of life and strengthening social security.

The successful execution of the 234 key projects is expected to provide a powerful boost to economic recovery and long-term growth. More importantly, it will help lay a solid foundation for Viet Nam to achieve its development goals, advance towards a high-income economy, and realize the aspiration of prosperous and sustainable national development.