The People's Committee of Ho Chi Minh City (UBND TPHCM) has submitted a proposal to the Ho Chi Minh City People's Council (HĐND TPHCM) to increase the total investment amount to 2,075 billion VND (an increase of 660 billion VND) and extend the implementation period by 6 years, from 2016 to 2026. This is for the project to upgrade a 2km stretch of Nguyen Thi Dinh Road from Giong Ong To Bridge to My Thuy Bridge.
The recent power shortage crisis in Northern Vietnam, exacerbated by scorching weather conditions, has underscored the critical role of gas power plants operated by the Vietnam Oil and Gas Group (PVN). As the nation grapples with the pressing need for electrification, the gas power sector has emerged as a linchpin in the overall development strategy.