Work on Phan Thiet Airport to begin in 2020

Work on Phan Thiet Airport, which will be used for both civil and military purposes, in the south central province of Binh Thuan is set to begin in 2020.
Work on Phan Thiet Airport to begin in 2020 ảnh 1Chairman of the Binh Thuan provincial People’s Committee Nguyen Ngoc Hai (standing) speaks at the working session on February 11 (Photo: VNA)

Binh Thuan (VNA) – Work on Phan Thiet Airport,which will be used for both civil and military purposes, in the south centralprovince of Binh Thuan is set to begin in 2020.

According to the aviation transport developmentplan until 2020, with a vision to 2030, the joint-use Phan Thiet airport is oneof the 15 facilities serving domestic flights in Vietnam. It has the totalinvestment capital of about 10 trillion VND (430.5 million USD).

Authorities of Binh Thuan reported that theyhave completed site clearance and handed over 400ha of land to the provincialMilitary High Command and the remaining 145.6ha to the private investor whowill build the airport in the form of BOT (Build-Operate-Transfer).

However, the implementation of procedures forconstructing the military enclave remains sluggish, Director of the Binh ThuanDepartment of Transport Nguyen Hong Hai said at a working session with adelegation of the Defence Ministry on February 11.

Chairman of the provincial People’s CommitteeNguyen Ngoc Hai called on the Defence Ministry to submit a pre-feasibilitystudy report on the building of the airport’s military enclave to the PrimeMinister soon to seek project approval, which will be a legal basis for theministry to carry out the next steps.

At the meeting, Deputy Defence Minister Sen. Lt.Gen. Tran Don asked Binh Thuan authorities to work closely with the DefenceMinistry to speed up the project, noting that his ministry will submit thepre-feasibility study report to the Prime Minister soon.

This is a big project of political significance,so relevant parties need to promptly complete procedures so as to start theconstruction in 2020, he added./.
VNA

See more

A worker refuels a vehicle at a petrol station in Hung Yen province. (Photo: VNA)

Fuel prices slashed as stabilisation fund used

According to a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, the price of RON95-III petrol – the most widely used grade – fell by 3,880 VND to 25,240 VND (0.95 USD) per litre.

Customers purchase petrol at Station No. 03 (Petrolimex Hung Yen) on Quang Trung Street, Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

Hung Yen takes measures to curb speculation, stabilise fuel market

Petrolimex Hung Yen maintains regular reserves of about 5,500 cubic metres at directly managed outlets and roughly 2,000 cubic metres at franchised stations. The provincial Department of Industry and Trade has ordered closer monitoring of supply and demand and retail prices to detect shortages or unjustified price hikes.

The automobile assembly line of the Honda Phuc Yen factory in Phu Tho province (Photo: VNA)

Honda Vietnam sees decline in motorcycle, car sales

Sales of both motorcycles and automobiles by Honda Vietnam declined in February, dropping 19.6% and 41.8% year-on-year, respectively, according to the company’s latest business results released on March 11.

Team 2 of the Hanoi Market Surveillance Sub-department inspects operations of a Petrolimex petrol station on Tran Quang Khai street (Photo: VNA)

Hanoi maintains stable supply of petrol, LPG

The Hanoi Market Surveillance Sub-department said petrol and LPG trading activities across the city remain stable, with supply largely meeting demand despite volatility in global energy prices.

A Qatar Airways aircraft is seen at Noi Bai International Airport in Hanoi. (Photo: VNA)

Qatar Airways cancels 13 more flights amid Middle East conflicts

Statistics show that airspace across the Middle East has yet to return to normal operations, with multiple FIRs still imposing restrictions or partial closures. As a result, international flight operations through the region continue to face disruptions and route adjustments.

New FDI registrations remained robust in the first two months of 2026, with 620 newly licensed projects worth 3.54 billion USD, up 20.2% in the project number and 61.5% in registered capital compared to the same period last year. (Photo: VNA)

FDI attraction in 2026: Vietnam adapts to new global investment standards

To further enhance FDI attraction amid rising global and regional competition, Deputy Minister of Finance Tran Quoc Phuong said the ministry is drafting new strategies on foreign-invested economic development and next-generation FDI attraction, focusing on more open, transparent and competitive institutional frameworks.

Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA)

PM highlights 'silver economy' as sustainable growth driver

The PM stressed that population ageing is an inevitable part of development, and the key challenge is not to avoid it but to respond proactively with sound policies and decisive action to turn the "silver economy" into a new driver of growth, innovation and sustainable development.

The first EU – Vietnam Global Gateway Business and Investment Forum is scheduled to take place in Hanoi on March 24, 2026. (Photo: vneconomy.vn)

EU – Vietnam Global Gateway business forum to be held in Hanoi

Key discussions will centre on sectors viewed as catalysts for Vietnam’s sustainable growth such as sustainable transport, energy transition, infrastructure connectivity, green and digital transformation, and the adoption of ESG standards in investment and business practices.

Vietnamese Ambassador to France Trinh Duc Hai meets with representatives of FPT at its office in the La Défense area of Paris on March 10. (Photo: VNA)

Vietnamese tech firm FPT expands footprint in France

According to Dang Tran Phuong, Deputy CEO of FPT Software in charge of the European and Middle Eastern markets, FPT considers France one of its key markets in Europe. Since opening its first office there in 2008, the company has built a solid presence with offices in Paris, Lyon, Toulouse and Marseille.