Gas industry centre, seaport worth 5.5 billion USD to be developed in Quang Tri

Vietnam’s BB Group and the US’s Quantum Group will jointly develop a gas industry centre and a seaport in the central province of Quang Tri, according to an agreement signed by the two corporations and the provincial People’s Committee in Dong Ha city on April 25.
 Gas industry centre, seaport worth 5.5 billion USD to be developed in Quang Tri ảnh 1A gas industry centre and a seaport will be built in the Quang Tri Southeast Economic Zone. (Photo: tinhuyquangtri.vn)

Quang Tri (VNA) - Vietnam’s BB Groupand the US’s Quantum Group will jointly develop a gas industry centre and aseaport in the central province of Quang Tri, according to an agreement signedby the two corporations and the provincial People’s Committee in Dong Ha cityon April 25.

Both projects will be located in the Quang TriSoutheast Economic Zone.

The 140ha gas industry centre will be built from2022 to 2030 with total investment of 5 billion USD. It will include anatural-gas processing plant, a liquefied natural gas plant, and onshore gas andfloating gas storage facilities.

 Gas industry centre, seaport worth 5.5 billion USD to be developed in Quang Tri ảnh 2Vietnam’s BB Group, the US’s Quantum Group and the Quang Tri People's Committee sign an agreement for a gas industry centre and a seaport to be built in the province on April 25. (Photo: VNA)

The 275ha Quang Tri seaport will cost about 500million USD. It will be capable of accommodating ships of up to 180,000 tonnes,and is planned for completion by 2025.

According to a representative from BB Group, thetwo projects are expected to create socio-economic breakthroughs for Quang Tri./.

VNA

See more

Average economic growth of 6.3% per year, together with an estimated 8.02% expansion in 2025, has placed Vietnam among the world’s most dynamic economies. (Photo: VNA)

Indonesian scholar praises Vietnam as model of sustainable, inclusive growth

These achievements so far stem from the consistent leadership of the Communist Party of Vietnam, the spirit of self-reliance and resilience, and strong national solidarity, laying a solid foundation for the country’s strategic development goals towards 2030 and the vision to 2045, according to a senior researcher at the Centre for Southeast Asian Studies.

Vietnam – India trade hit historic high of nearly 16.46 billion USD in 2025. (Illustrative photo: VNA)

Vietnam – India trade sets new record at nearly 16.5 billion USD

India supplies key inputs such as iron and steel, chemicals, pharmaceuticals, textiles and garments, animal feed and aquatic products, while Vietnam exports technology-intensive goods, electronics, textiles and garments, chemicals, wood products, footwear, spices, coffee and pepper.

Experts discuss at the event (Photo courtesy of the organiser)

Venture capital falls for fifth straight year in 2025

This downturn continues the trend of decline that began in 2021 amid tighter global liquidity and a structural reset in investor risk appetite, according to the 'Vietnam Tech & Venture Capital Outlook 2025' report published by VinVentures.

With many advantages, Vietnam has opportunities to integrate more deeply into the global technology value chain. (Photo: VNA)

Vietnam emerges as typical case of Asia’s FDI success

Vietnam stands out as a representative example. The article cites US technology group Intel as a case in point. Since establishing its testing and assembly facility at the Saigon Hi-Tech Park in 2010, Intel has expanded operations through total investments of 1.5 billion USD.

Vietnamese, Chinese enterprises exchange experience at the networking and exchange programme in Da Nang city on January 13, 2026 (Photo: VNA)

Da Nang promotes logistics cooperation with Chinese businesses

With the goodwill and active engagement of partners, particularly the Chinese business community, the cooperation is expected to generate concrete and long-term opportunities, contributing to the development, deeper integration and sustainability of Da Nang’s startup and innovation ecosystem, said Le Son Phong, Deputy Director of the municipal Department of Science and Technology.

SCAVI Hue Co., Ltd. (100% invested by Financière B’Lao Group, France), specialising in garment manufacturing at Phong Dien Industrial Park in Hue. (Photo: VNA)

Business Confidence Index reaches seven-year high: EuroCham Vietnam

After several years affected by global volatility and disruptions, the Q4/2025 BCI indicates that European business sentiment in Vietnam has returned firmly to positive growth territory, surpassing levels seen prior to US tariff announcements and even before the COVID-19 pandemic. Specifically, 65% of surveyed companies assessed their current business conditions as positive in Q4/2025, with the figure rising to 69% when looking ahead to Q1/2026, suggesting that optimism is set to strengthen further as the new year begins.

Prime Minister Pham Minh Chinh chairs the 5th meeting of the Central Steering Committee on Housing Policy and the Real Estate Market in Hanoi on January 13, 2026. Photo: VNA

PM chairs meeting on housing policy, real estate market

The right to housing is a fundamental right of citizens, and housing is an essential need of every person. Housing development is an important pillar of social welfare policy, while also serving as a driving force for economic growth, labor market stability, and sustainable socio-economic development, said Prime Minister Pham Minh Chinh.