Ring Roads in Hanoi & HCMC brought back to life
After more than a decade of delay, the Ring Road No. 4 project in the Capital region around Hanoi and the Ring Road No. 3 project in Ho Chi Minh City have been revived after the National Assembly (NA) promulgated specific mechanisms on funding sources, such as the government issuing bonds to lend to localities, a measure to integrate central and local budgets, and increases to medium-term public investment capital.