Deputy PM assigns deadline for site clearance at Long Thanh Int’l Airport project

Handover of land for Long Thanh International Airport in the southern province of Dong Nai must be completed next June, Deputy Prime Minister Le Van Thanh ordered at a meeting with relevant ministries and the provincial People’s Committee held via video teleconference on December 9.
Deputy PM assigns deadline for site clearance at Long Thanh Int’l Airport project ảnh 1Deputy Prime Minister Le Van Thanh speaks at the meeting on progress of Long Thanh International Airport on December 9. (Photo: vtv.vn)
Hanoi (VNA) – Handover of land for Long ThanhInternational Airport in the southern province of Dong Nai must be completednext June, Deputy Prime Minister Le Van Thanh ordered at a meeting with relevantministries and the provincial People’s Committee held via video teleconference onDecember 9.

Speaking at the event, Ministry of Transport Nguyen Van Thevoiced concerns over slow progress on clearing site for the project whichstarted in 2018. The development of resettlement zones has failed to completethis year and may last through May 2022, causing delays in relocating affectedresidents, he said.

The Airports Corporation of Vietnam (ACV) sets to start groundlevelling in March next year. The process alone requires over 2,500 hectares ofland, including 1,810 hectares of land for construction of the airport and 722hectares in reserve.

The project has received some 1,280 hectares, or 71 percent,of the needed land from Dong Nai in the first handover. Another 200 hectareswill be handed over before December 15.

Deputy PM Thanh stressed that Long ThanhInternational Airport is the nation’s key project given priority attention bythe Government, and required relevant ministries, agencies, the provincialadministration and contractors to focus on implementing the project.

He urged them to stick to the schedule, saying “only oneunit staying off track can slow others down.”

He agreed with the Ministry of Transport’s proposal to establisha steering committee for the project as part of the effort to accelerate itsprogress.

He demanded the Dong Nai People’s Committee to handover 1,810 hectares of land for ground levelling this month, while theremaining 700 hectares must be released in January 2022. Site clearance for theproject must be finished in June next year.

The Ministry of Transport has to assign a specific deadlinefor each of the project’s components, the official said, adding that the goalis to complete the first phase of the airport before January 2025.

Long Thanh International Airport will be built in threephases over three decades, and is expected to become the country’s largestairport.

In the first phase, one runway with a length of 4,000m,taxiways, an apron, and a passenger terminal with other auxiliary workssprawling 373,000 sq.m will be built to serve 25 million passengers and 1.2million tonnes of cargo each year.

Total cost for the airport construction amounts to 336.63 trillion VND (14.5 billion USD),with the first phase needing over 109 trillion VND./.
VNA

See more

Cao Xuan Thang, Trade Counsellor and Head of the Vietnam Trade Office in Singapore, speaks at the festival (Photo: VNA)

Singapore trade event helps Vietnamese enterprises boost exports

The Vietnam Fruit and Vegetable Festival 2025 was held in Singapore on July 18 as a meaningful trade promotion event that strengthens bilateral economic, trade, and investment ties and helps realise the economic cooperation contents of the Vietnam–Singapore Comprehensive Strategic Partnership.

Vietnamese Ambassador to Laos Nguyen Minh Tam addresses the seminar (Photo: VNA)

Vietnam, Laos hold cross-border e-commerce seminar in Vientiane

Representatives from Vietnam and Laos emphasised the essential role of digital platforms, which are seen as the backbone of the e-commerce ecosystem. They also highlighted the significance of infrastructure in facilitating the smooth transport of goods between the two countries.

Sock production line for export at SUNJIN AT&C VINA Co., Ltd., Chan May - Lang Co economic zone, Hue city. (Photo: VNA)

Transparent business environment appealing to foreign investors

During the first half of 2025, the total registered FDI reached 21.51 billion USD, up 32.6% year-over-year. This includes 9.3 billion USD in new investments, down 9.6%; 8.95 billion USD in additional capital for existing projects, a 2.2-fold increase; and 3.28 billion USD through capital contributions and share purchases, up 73.6%.

Deputy Minister of Science and Technology Pham Duc Long meets with Google’s Vice President for Emerging Markets Doron Avni in Hanoi on July 17. ( VGP Photo)

MoST partners with Google to explore digital transformation, AI, SMEs

The two sides agreed to establish a joint task force to formalise their collaboration, with a strong focus on quantum technology, a strategic frontier of the digital age, and AI-powered solutions to help Vietnamese SMEs enhance their competitiveness and modernise their operations.

VBAB Chairman Nguyen Thanh Vinh (left) meets with a Belgium business representative. (Photo: VNA)

Business network helps connect Vietnam with Belgium, EU markets

As Vietnam accelerates green and digital transition, the Vietnam Business Association in Belgium (VBAB) is prioritising connections with capable Belgian partners in clean energy, particularly hydrogen and renewable energy, and smart seaport planning.

Kim Long Motor's passenger bus assembly line. (Photo of Kim Long Motor)

Kim Long Motor Hue multiplies investment sixfold

The company’s decision to inject an additional 21 trillion VND (804 million USD) into the project not only reflects its ambition to scale up operations but also signals a strategic shift towards exports and integration into global supply chains.

Hanoi’s key industries given priority to drive growth

Hanoi’s key industries given priority to drive growth

Hanoi is implementing a series of breakthrough plans, ranging from attracting investment and developing high-tech products to facilitating businesses’ global expansion, with a goal of transforming it into the country’s leading hub for key industries and supporting industries.

At the signing ceremony for the partnership between Becamex Binh Duong and IFC in HCM City on July 16, 2025.

Becamex, IFC advance green industrial park model in Vietnam

Under the cooperation agreement signed on July 16, the International Finance Corporation (IFC) will support Becamex IDC in conducting preliminary assessments for up to five industrial parks using the Global Eco-Industrial Parks Programme (GEIPP) certification framework.

The seminar on strengthening banking risk management capacity. (Photo: VNA)

Central bank to assess compliance of banks in risk management

The SBV has so far issued a system of documents guiding the implementation of Basel, such as Circular 41/2016/TT-NHNN regulating the capital adequacy ratio for banks and foreign bank branches and Circular 13/2018/TT-NHNN regulating the internal control system of commercial banks and foreign bank branches. MB highly appreciates the SBV’s system of legal documents.