Business

Los Angeles wants to launch direct air route to HCM City

Leaders of the Los Angeles International Airport (LAX) - the fifth-busiest airport in the world – have showed their interest in opening a direct air route connecting the US city with Ho Chi Minh City.
Los Angeles wants to launch direct air route to HCM City ảnh 1Tan Son Nhat international airport (Photo: VNA)
HCM City (VNA) - Leaders of the Los AngelesInternational Airport (LAX) - the fifth-busiest airport in the world – have showedtheir interest in opening a direct air route connecting the US city with Ho ChiMinh City.

They had a meeting with a high-ranking delegation of Ho ChiMinh City led by Chairman of its People’s Committee Phan Van Mai on July 19(local time).

According to LAX leaders, to date, the airport has resumedover 60% of international flights and more than 80% of domestic ones.

Mai briefed the hosts on the operation of Tan Son Nhat International Airport,which has a designed capacity of 25 million passengers a year, but it has beencurrently serving nearly 40 million, leading to overloading in the areassurrounding the airfield.

Los Angeles wants to launch direct air route to HCM City ảnh 2Ho Chi Minh City's delegation visits Los Angeles International Airport (Photo: VNA)
He expressed his hope that the two cities will cooperate tolaunch the direct flight connecting them as soon as possible.

Earlier, Mai had a meeting with leaders of the NationalAssociation of Securities Dealers Automated Quotation System (NASDAQ) StockMarket in New York.

The NASDAQ Stock Market is the second-largest stock exchangein the US after the NYSE (New York Stock Exchange). It trades in an averagedaily volume of 200,000 shares. There are more than 4,000 companies listed on NASDAQwith a market capitalisation of 15,000-17,000 billion USD and more than 10,000corporate clients.

Mai said that the southern economic hub of Vietnam aims tobecome an international financial centre offering diversified financialservices and showing an ability of deep integration in the world market.

He hoped that NASDAQ’s experts will share experience andsupport the city in building the international financial centre, and the city’sbusinesses will have a chance to be listed on the NASDAQ Stock Market in thefuture./.
VNA
#Los Angeles International Airport #NASDAQ #LAX #Los Angeles #Ho Chi Minh City #direct air route #Vietnam #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

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.