Can Gio and Vung Tau in Ho Chi Minh City are connected by ferry. Photo: Chau Tuan / Tuoi Tre
The project is expected to be completed by the second quarter of 2029.
The new Ho Chi Minh City was formed by merging the old city with the former Ba Ria-Vung Tau and Binh Duong Provinces in July.
The Ho Chi Minh City People’s Committee has written to the Ministries of National Defense, Finance, Construction, and Agriculture and Environment, seeking feedback on the proposal dossier for the investment plan of the Can Gio-Vung Tau sea-crossing bridge and road project.
The project is proposed by Vingroup to be implemented under a public-private partnership model, specifically a build-transfer contract.
The municipal People’s Committee will serve as the authority responsible for deciding the project’s investment plan.
Under the proposal, the route will start near the Can Gio coastal urban area and end at the intersection between the planned Sao Mai-Ben Dinh Road and 30/4 Street in Vung Tau.
The entire sea-crossing route project will span over 14 kilometers, comprising some 3.1 kilometers of subsea tunnel, an eight-kilometer-long sea-crossing bridge, and nearly three kilometers of approach roads.
The project is set to cost VND104.4 trillion, including interest during the construction period.
The investor will mobilize 100 percent of the capital, with no public investment funds involved.
In return, the state will make payments through land allocations.
Construction is planned to begin in June 2026, while the project is expected to be completed and open to traffic in the second quarter of 2029.
After an initial review, the municipal administration noted that the project’s large scale could have impacts on multiple sectors, including maritime activities, sea transport, water resource management, construction, and planning.
To ensure sufficient information and a solid basis for appraisal and approval in accordance with regulations, the city has requested the relevant ministries to coordinate and provide feedback on the investment proposal by December 25.
The Can Gio area is undergoing rapid transformation, driven by the development of a coastal land-reclamation urban area and a series of major infrastructure projects.
The area is expected to emerge as a new infrastructure hub and the primary marine gateway of Ho Chi Minh City.
One of the most notable under-construction projects is the Vinhomes Green Paradise coastal tourism and urban complex, covering an area of 2,870 hectares.
VinSpeed High-Speed Railway Investment and Development Joint Stock Company, a subsidiary of Vingroup, is set to break ground on the Can Gio-Ben Thanh urban railway project on Friday.
In addition, the Ho Chi Minh City People’s Committee has recently approved a plan to open a route connecting Ben Luc-Long Thanh Expressway with Rung Sac Road.
This project, with a total investment of nearly VND3 trillion ($114 million) funded by the city’s budget, is scheduled to start construction in the second quarter of 2026 and be completed in the first quarter of 2028.
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