Dong Nai (VNA) – Leaders of the People’s Committee of the southern province of Dong Nai on September 9 worked with a working group from the World Bank (WB) on sustainable urban development and efficient growth initiatives.
The WB's representatives highlighted the province’s strategic location, neighboring Ho Chi Minh City and the port system of Ba Ria-Vung Tau, with major infrastructure works like Long Thanh International Airport, highways, and the Dong Nai River. These advantages offer great potential for economic and social development.
They said the bank aims to support sustainable urban management along the Dong Nai River to address climate change. Key focuses include developing a public transport system centered around the Long Thanh International Airport and designing storm water drainage networks by utilizing existing canals.
The proposed ideas, developed with expert input, align with Dong Nai’s approved urban planning scheme. The bank prioritises storm water management as a core solution to boost development. Protecting rivers and lakes and establishing green corridors will help provide environmental services for residents. Additionally, the Long Thanh International Airport will serve as a central hub, connected to tourism and urban services across Dong Nai.
The bank's working group expressed interest in Dong Nai’s development potential, saying that the WB is ready to provide financial support for the province's projects. It encouraged Dong Nai to propose projects requiring funding for consideration.
Chairman of the provincial People's Committee Vo Tan Duc confirmed the province’s support for the bank’s initiatives, emphasising the need to accelerate technical support and capital access for projects.
He assigned the Department of Planning and Investment to work closely with the bank to finalise the capital needs for upcoming projects.
Dong Nai estimates it will need over 1 quadrillion VND (40 billion USD) for development by 2030, including 525 trillion VND from 2026 to 2030, Duc said./.

See more

Cashless payment festival launched in HCM City
As of 2024, Vietnam had recorded over 204.5 million bank accounts held by individual customers and 154.1 million bank cards in circulation. Nearly 87% of Vietnamese adults now have bank accounts.

Vietnam eyes to expand market for processed coffee
Vietnam targets increasing the exports of roasted and instant coffee and reach an export turnover to 5-6 billion USD by 2030.

Coffee exports hit record on EU, US demand
Vietnam’s coffee export outlook remains optimistic, projecting the full-year export value at 7 billion USD.

NA endorses proposed debt cap for privately placed bond issuers
The National Assembly (NA) Standing Committee has endorsed a proposal that non-public companies issuing bonds via private placement must maintain a debt-to-equity ratio of no more than five, including the value of the bonds to be issued.

Vietnam and GBA Business & Investment Partnership Forum 2025 successful
Vietnam and the Guangdong - Hong Kong - Macao Greater Bay Area Business & Investment Partnership Forum was successfully held.

No Vietnamese carriers fly through Israeli, Iranian airspace
The airline’s flights to Europe are currently operating normally, the representative added.

Sun Group licensed to operate Sun PhuQuoc Airways
Sun PhuQuoc Airways has a total operating duration of 50 years, with an investment capital of 2.5 trillion VND (approximately 98.81 million USD). The airline's main operations hub is located at Van Don International Airport, Van Don district, Quang Ninh province.

Reference exchange rate falls 15 VND on June 13
The opening-hour exchange rates varied among major commercial banks on June 13 morning.

Cutting construction procedures to boost business environment
Removing the construction permit requirement is more than a procedural update — it could be a game-changer.

Real estate bond market rebounds in May
May also witnessed a significant volume of early redemptions. Businesses repurchased bonds worth about 15.86 trillion VND before maturity - an increase of 6.7 % compared to the same period in 2024.

Ho Chi Minh City and Guangdong-Hong Kong-Macau Greater Bay Area Investment - Trade Forum 2025 fosters bilateral cooperation between Vietnam and China
The Forum aimed to foster multi-sectoral exchange and cooperation between China, particularly the GBA, and Vietnam, especially Ho Chi Minh City.

Lawmakers scrutinise dual-city international financial centre plan
Legislators expressed strong support for establishing an IFC, viewing it as a critical step toward elevating Vietnam’s financial standing and boosting economic development.

Vietnam Airlines secures 1.5 billion USD in funding from ING Bank for strategic expansion
This partnership underscores ING’s strong commitment to financing Vietnam Airlines’ long-term growth.

Fuel prices continue upward trend on June 12
The price of E5 RON92 petrol is now capped at 19,462 VND (0.75 USD) per litre, up 199 VND from the previous adjustment, while RON95-III costs no more than 19,967 VND per litre, up 269 VND.

Gold market to become more competitive as gold bullion monopoly ends
Eligible banks and enterprises will be licensed to import raw gold and produce bullion — a function that, until now, has been exclusively assigned to a single entity.

State budget revenue from tax sector rises 28.6% in five months
Vietnam’s tax sector reported state budget revenue of over 1 quadrillion VND in the first five months of 2025, equivalent to 58.5% of this year's estimate and representing a year-on-year increase of 28.6%

Binh Duong promotes hi-tech, digital transformation cooperation with Taiwanese group
Binh Duong is always ready to closely coordinate with prestigious international investors in the technology sector, a local leader told an executive of MiTAC, a Taiwan-based technology multinational.

Outlook for Vietnam's banks in 2025 remains stable
The overall banking sector’s profitability in 2025 is forecast to improve slightly, with return on assets (ROA) increasing from 1.55% to 1.60%.

Vietnam-Cuba rice production cooperation project generates positive results
Under the project implemented since 2003, Vietnam sent its experts to Cuba to directly guide Cuban people to change their farming methods, provided training, and donated some specialised agricultural machinery.

Vietnam ready to further open market for US exports: Minister
Regarding the ongoing negotiations on a Reciprocal Trade Agreement between the two countries, he emphasised that Vietnam remains consistent in its approach to the talks with the US, aiming for a bilateral agreement based on respect for sovereignty, independence, political system, harmonisation and balance of interests, as well as in line with international commitments and the development level of each country.