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April 6th, 2011
Vietnam Splurges US$14 Billion on Road Infrastructure

Despite the vast development of rail networks and deep sea ports to cater for the economic growth, road remains to be the dominant means of transport, accounting for 67 percent of cargo moved in Vietnam. However, the number of automotive vehicles in the country outstrips what the roads can contain, leading to heavy congestion on many urban roads. The crux of the issue is that majority of the roads are two-laned and there are no modern nationwide expressway systems across the country. Coupled with the narrow widths of the road, poorly designed junctions and restrictive vehicle weight limits, the Ministry of Transport and Ministry of Planning and Investment have decided to redevelop Vietnam’s poorly constructed road infrastructure. Read More