Vietnam plans $9B ring road encircling region that generates a third of its GDP (opens original article in a new tab)

Vietnam plans a $9B ring road around the Hanoi region to connect expressways and boost economic growth, with public funding and tolls to finance the project.

• Vietnam's Ministry of Construction proposed a 321-km Ring Road 5 around Hanoi with a $8.95B cost
• The road would connect six radial expressways and national highways, serving as a growth axis for northern Vietnam
• Public investment was recommended over PPP, with tolls set at VND1,300 per car per km