Da Nang completes second-stage upgrading of Tien Sa port

The central city of Da Nang has officially put into operation the second stage of Tien Sa port after two years of construction, bringing its total capacity to 12 million tonnes of cargo per year.
Da Nang completes second-stage upgrading of Tien Sa port ảnh 1A cargo ship docks at Da Nang's Tien Sa Port. (Photo: VNA)

Da Nang (VNS/VNA) - The central city ofDa Nang has officially put into operation the second stage of Tien Sa portafter two years of construction, bringing its total capacity to 12 milliontonnes of cargo per year.

General Director of Da Nang Port Joint StockCompany Nguyen Huu Sia said that the second stage at Tien Sa Port had cost morethan 1 trillion VND (44.2 million USD), of which 36 percent was funded by thecompany.

He said the second stage, which included twopiers, would allow access to 70,000DWT (deadweight tonnage) ships, 4,000TEU(twenty-foot equivalent units) container ships, and 150GT (gross tonnage)cruise ships.

Sia said the port was a key hub in central Vietnamand met international logistics standards in the region connecting theEast-West Economic Corridor that links Laos, Thailand, Myanmar and Vietnam.

According to the latest report, the Tien Sa port,10km from the city centre, handled four million tonnes of cargo in the firstsix months this year, a 6.14 percent increase in comparison with the sameperiod last year.

The port received on average 23 ships from 15shipping agencies per week. The expanded port will help build it into a leadinginternational commercial gateway in the ASEAN region by 2025. 

The Tien Sa port upgrading is the city’s secondinvestment project which did not use official development assistance (ODA)funds after the Hoa Lien Water refused non-refundable ODA funds from Japan.

According to the Ministry of Transport, the city’sport system, including Tien Sa, Lien Chieu and Son Tra, would handle 29 milliontonnes of cargo by 2030.   

The city and the port of Kawasaki in Japan havebeen planning to open a shipping route connecting the two ports.

The Tien Sa port will become a ‘valley’ oflogistics, warehouses, transport and digital customer clearance services,besides housing representative offices of shipping companies and banks.

The port has operated as a limited company underthe ownership of Vietnam National Shipping Lines (Vinalines) since 2008.-VNS/VNA
VNA

See more

Workers produce textile and garment for export. (Illustrative photo: VNA)

Israeli firms step up sourcing from Vietnam

The conflicts have caused serious disruptions to Israel’s external supply chains, leading to greater demand for a wide range of imported goods. As a result, Israeli enterprises are intensifying efforts to diversify sources of supply, including from Vietnam, to meet domestic consumption needs.

An overview of the seminar. (Photo: VNA)

Traceability emerges as a key to sustainable digital economy

Scandals involving counterfeit goods, unsafe food and substandard pharmaceuticals not only cause economic losses but also erode public trust. On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.

Vietnamese Ambassador to Japan Pham Quang Hieu speaks at the dialogue. (Photo: VNA)

Vietnam-Japan business dialogue boosts cooperation prospects

The dialogue offered Japanese businesses an opportunity to gain the most updated insights into Vietnam’s socio-economic landscape as well as its new policies, and to exchange views on potential future collaboration in various sectors.

By June 2025, total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023 (Photo: VNA)

Central bank rolls out measures to support economic growth

By June 2025, Vietnam's total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023—signalling strong recovery in manufacturing, agriculture, and supporting sectors.

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025 - Illustrative image (Photo: VNA)

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025

According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly exceeding Bloomberg’s forecast of 6.85%, UOB’s projection of 6.1%, and the revised growth figure of 7.05% in the first quarter.

Vietnam Airlines JSC (HVN) receives approval from the State Securities Commission of Vietnam to issue 900 million shares at 10,000 VND apiece. (Photo: VNA)

Vietnam Airlines receives approval for major share issuance

The planned issuance is expected to raise roughly 9 trillion VND (equivalent to 344.53 million USD), providing the national carrier with additional capital to improve liquidity, reinforce its financial foundation, and advance its post-pandemic recovery and growth strategy.

Passengers board a Vietnam Airlines flight (Photo: VNA)

Vietnamese aviation industry takes off

According to the Civil Aviation Authority of Vietnam (CAAV), in the first half of 2025, Vietnam's aviation industry served 41.3 million passengers, representing a 10% increase compared to the same period in 2024. Notably, the international market accounted for 23 million passengers, up by 13%, while the domestic maintained a steady 7% growth with 18.4 million passengers.

Illustrative photo (Source: VNA)

Vietnam telecom giants step up 5G commercialisation, expansion

The country’s three major network providers – Viettel, VNPT and MobiFone – have so far deployed around 11,000 5G base stations, equivalent to 7.7% of existing 4G stations. These stations now cover all provinces and cities, reaching approximately 26% of the population.

The Thai Binh 2 Thermal Power Plant in Hung Yen province. (Photo courtesy of Petrovietnam)

Thai Binh 2 power plant beats H1 targets, braces for tough H2

According to the plant’s mid-year report, electricity output reached an estimated 3.79 billion kWh, achieving 115% of the target. Revenue was estimated at nearly 7.74 trillion VND (296.1 million USD), 13% above the plan, while post-tax profit was roughly 58 billion VND, thereby reducing planned losses by 114% (equivalent to 461 billion VND).

Vietnamese mango grows into global premium markets

Vietnamese mango grows into global premium markets

To enhance the value chain of speciality fruit commodities with its competitive advantages, Tien Giang province is operating the Hoa Loc mango production–consumption chain project for 2020-2025 with a vision towards 2030.