HCM City (VNA) – Prime Minister Pham Minh Chinh on August 10 attended a ceremony marking the completion of a bidding package of the project building a road linking Tran Quoc Hoan and Cong Hoa roads, and examined the construction of Terminal T3 of Tan Son Nhat International Airport in Ho Chi Minh City.
The project on building a road linking Tran Quoc Hoan and Cong Hoa roads in Tan Binh district is a nationally important project. It started at the same time with the construction of Terminal T3 of Tan Son Nhat International Airport in late December 2022.
Under the project, invested with over 4.8 trillion VND (191.2 million USD), a 4km road is being built to link Tran Quoc Hoan and Cong Hoa roads, and directly connect with Terminal T3 of Tan Son Nhat International Airport. It is expected to help ease traffic congestion in the vicinity of this airport.
The bidding package that opened to traffic on this occasion is worth 200 billion VND. The section is about 600m long, comprising an over-400m tunnel and two access roads that are more than 200m in total. It starts at the intersection of Phan Thuc Duyen and Phan Dinh Giot roads and ends at Thang Long road.
At the ceremony, PM Chinh launched a 130-day emulation campaign to speed up construction so that the entire road is inaugurated on December 31, 2024.
He highly valued HCM City’s determination to disburse public investment, asking it to learn good experiences of this project to carry out others, accelerate other key projects, and develop comprehensive transport infrastructure, including road, air, sea, inland waterways, high-speed railway, and urban railway facilities, to serve as a stepping stone for fast and sustainable development.
Meanwhile, Terminal T3 of Tan Son Nhat International Airport will be capable of serving 20 million passengers each year. The project is invested with nearly 11 trillion VND by the Airports Corporation of Vietnam (ACV).
About 55% of the workload has been done, with 100% of raw construction already completed. Relevant units are stepping up activities so as to open the terminal on the occasion of the 50th anniversary of the South Liberation and National Reunification (April 30) in 2025.
Examining the progress and presenting gifts to the units, PM Chinh applauded their efforts in the project implementation to make up for the previous slowdown.
He asked the ACV to moblise manpower of the relevant sides and coordinate with authorities to work around the clock to ensure the terminal meets quality, technical, aesthetic, safety, and environmental standards while preventing wastefulness and negative phenomena in order to put the project into operation on schedule./.
See more
Despite deposit rate cuts, homebuyers still face heavy pressure
Despite the broader downward trend, several medium-sized and smaller banks are still competing to attract medium- and long-term deposits.
Vietnam studies Colombo smart port city model
Ngoc praised Sri Lanka’s orientations in developing seaport infrastructure, digital infrastructure, digital economy and international service centres, describing them as valuable references for Vietnam in developing strategic infrastructure, innovation centres, smart urban areas and digital economy ecosystems.
Vietnam prepares contingency plans for 2026 dry-season power shortages
From operating the power system and supplementing supply sources to promoting electricity conservation and developing battery energy storage systems (BESS), a wide range of measures are being deployed to ensure stable power supply during periods of extreme demand.
Reference exchange rate rises slightly at week’s beginning
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,374 VND/USD, and the floor rate 23,862 VND/USD.
Manufacturing remains main driver of industrial growth
In the January–April period, the IIP rose 9.2% compared to the same period last year, signalling a stable and broad-based recovery across the industrial sector.
MoIT issues decision recognising Vietnam Logistics Day
The move is aimed at raising awareness across government agencies, businesses and the wider public of the vital role logistics services play in socio-economic development, international integration and strengthening national competitiveness.
Vietnam introduces agricultural products at large-scale African trade forum
The Vietnamese Embassy and Trade Office in Algeria opened a booth to introduce Vietnam’s major farm produce, including coffee, tea and spices such as pepper, turmeric, cinnamon and star anise, alongside desiccated coconut, milk, canned fruit juice and plastic pellets.
Vietnam’s overseas investment more than doubles in first four months
The sum included 691.1 million USD committed to 74 new projects, up 2.6 times from a year earlier, and an additional 22.8 million USD in capital increases across four existing projects.
New M&A association launched as Vietnam pushes corporate restructuring
The association is expected to become a strategic platform linking businesses, investors, financial institutions and advisory firms, while helping standardise and professionalise Vietnam’s growing M&A market.
Vietjet promotes aviation infrastructure, technology connectivity between Vietnam and India
The agreements pave the way for comprehensive cooperation between Vietnam and India across aviation, logistics, infrastructure, technology and tourism services, while contributing to stronger economic and trade connectivity as well as people-to-people exchanges between the two countries in a new phase of development.
Resolution 68 opens new pathways for Vietnamese brands in regional, global markets
According to Dr. Bui Thanh Minh, Deputy Director of the Office of the Private Economic Development Research Board under the Prime Minister’s Advisory Council for Administrative Procedure Reform, Resolution 68 has helped foster a stronger entrepreneurial spirit through a series of concrete policy measures.
Tay Ninh prioritises investment attraction for 49 industrial park projects
The southern province of Tay Ninh has approved a list of 49 priority industrial park projects for investment attraction during the 2026–2030 period, covering a total planned area of approximately 16,000 hectares.
Quang Ninh targets 3 bln USD FDI in 2026 after pivot to high-tech, high-density capital
Quang Ninh now boasts 237 valid FDI projects from 20 countries and territories, with a total registered capital approaching 16 billion USD. Even better, nearly 10 billion USD of that amount, equivalent to almost 63% of the total registered amount, has been invested.
Mitsubishi Motors Vietnam recalls Xpander and Xpander Cross models
The programme aims to inspect and, if necessary, replace the reclining adjustment mechanism of the second-row seatbacks on affected Xpander and Xpander Cross vehicles assembled, imported, and officially distributed by MMV.
Vietnamese leader hopes for stronger ties with Sri Lanka's Hayleys PLC
General Secretary and President To Lam said that given the complementarity of the two economies and their substantial room for growth, Vietnam wishes to enhance cooperation with major Sri Lankan enterprises, especially those with regional market networks and connectivity capabilities such as Hayleys.
Vietnamese-made LSD vaccine enters demanding RoK market
The successful research and commercialisation of the LSD vaccine, which has been widely used in the domestic market and is gradually expanding internationally, helps affirm the position of Vietnamese veterinary vaccines globally.
Top leader urges stronger Vietnam-Sri Lanka economic connectivity
Vietnam – Sri Lanka cooperation should be viewed within the broader context of the Indian Ocean, South Asia and emerging global supply chains, and the key issue now is not potential, but swift, decisive and effective action, said Vietnam's top leader To Lam.
Vietnam Airlines expands South Asia network with Colombo route
From October 2026, Vietnam Airlines will operate direct flights between Ho Chi Minh City and Colombo using Airbus A321, with three round trips per week.
Vietnam, India step up cooperation in energy, biofuels
Vietnam encourages capable investors to participate in oil and gas, energy and energy infrastructure projects in line with the national energy development strategy, while ensuring investment efficiency and compliance with Vietnamese law.
Tay Ninh, Japan’s Yamanashi strengthen cooperation in energy, high-tech agriculture
Based on the strengths of the two sides, a Tay Ninh leader proposed expanding cooperation in renewable energy, high-tech agriculture, human resources training, labour exchange, tourism and business connectivity.