In the face of global uncertainty, the Vietnamese economy has continued to demonstrate resilience and growth. And the country has not shied away from infrastructure development either. In fact, in August, the government announced a massive infrastructure and housing development plan to help the country achieve its gross domestic product (GDP) target of more than 8 percent in 2025 and boost domestic demand, reducing its reliance on exports and foreign direct investment.

Vietnam’s infrastructure plan includes the development of 250 large-scale projects across 34 provinces and cities — the likes of which include a new 3,000-kilometer (1,864-mile) highway, a new research and development center focused on semiconductors and AI, the new Rach Mieu 2 Bridge, and the new Long Thanh Airport. The development push is being backed by investments representing 10 percent of Vietnam’s GDP, and Vietnamese news sources estimate the total capital allocated for the projects to be approxima