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A $43.3 mln children palace project in Ho Chi Minh City approved

Wed, 05/07/2025 - 17:00
The project aims to develop a modern, well-equipped recreational facility featuring engaging and educational activities for children.

The People's Committee of Ho Chi Minh city has approved the Children's Palace project in Thu Thiem New Urban Area, Thu Duc city.

The Board of Management for Investment and Construction of Civil and Industrial Projects will oversee the investment, with capital of over VND1.124 trillion ($43.3 million) to be funded from the Ho Chi Minh city budget. The project's completion is scheduled for December 31, 2028.

The project aims to develop a modern, well-equipped recreational facility featuring engaging and educational activities for children, including character-building games, physical activities, amusement zones, a fairy tale garden, and an area introducing history and geography.

Regarding design, the Children's Palace will have one basement level and 10 above-ground floors, with a total floor area of approximately 36,650 sq.m, including the basement.

The basement will house parking areas, a multi-purpose hall, a stage, a costume waiting room, storage, technical areas, and restrooms.

Additionally, the People's Committee has approved auxiliary facilities, including an outdoor stage integrated with a water plaza, accommodating 1,207 seats, with a total floor area of approximately 1,246 sq.m, including the basement.

-Thiên Di

Vietnam–Kazakhstan Business Roundtable held in Astana

Wed, 05/07/2025 - 16:45
The event was held as part of Party General Secretary To Lam’s State visit to Kazakhstan from May 5-7.

At the Vietnam–Kazakhstan Business Roundtable held in Astana on May 6 as part of his state visit to Kazakhstan, Party General Secretary To Lam affirmed Vietnam’s strong commitment to creating favorable conditions for Kazakh investors to do business successfully in Vietnam.

The Party leader was quoted by the Vietnam News Agency as  stating at the event that the success of Kazakh enterprises will also be regarded as Vietnam’s success and a source of pride.

The Party Chief expressed his hope that the business communities of both countries will leverage their respective strengths to build and integrate value chains, fostering stronger links between the two nations and connecting to global markets. This, he noted, will open up new opportunities for enhanced trade and investment cooperation in the near future.

He acknowledged the progress in bilateral economic relations and affirmed that both countries possess favorable conditions to enhance cooperation. He pointed out that both Vietnam and Kazakhstan are members of the Vietnam-Eurasian Economic Union Free Trade Agreement, which facilitates deeper economic cooperation and promote two-way trade.

He also mentioned the signing of a joint action plan for 2023–2025 to further accelerate economic and trade collaboration during the official visit of the Kazakh President to Vietnam in August 2023. Additionally, he noted that major Vietnamese airlines, such as Vietnam Airlines and Vietjet Air, are exploring direct flights to Kazakhstan, and Kazakhstan is successfully operating an international financial centre in Astana, while Vietnam is developing financial centers in Ho Chi Minh City and Da Nang.

Kazakh Deputy Prime Minister Yermek Kosherbayev, as quoted by the State-run news agency, highlighted the significant achievements in political, cultural, and science-technology ties between the two countries, saying that the two sides have enjoyed growing coordination bilaterally and multilaterally.

However, he noted that economic collaboration, particularly in trade and investment, has not yet reached its full potential. He emphasized Kazakhstan's readiness to partner with Vietnam in areas such as agriculture, digital transformation, and the development of artificial intelligence and digital infrastructure.

He also announced the upcoming launch of a National Artificial Intelligence Centre in Kazakhstan, aiming to drive innovation in the sector.

As one of the leading countries in the field of information technology services, Kazakhstan proposed enhancing cooperation with Vietnam in the development of e-government, sharing advanced experiences, implementing next-generation digital services, and integrating artificial intelligence into public administration processes.

Mr. Kosherbayev called on Vietnamese partners to fully capitalize on existing potential to expand business operations in Kazakhstan. He affirmed that the Kazakh Government is committed to being a reliable and stable partner, and expressed confidence that bilateral cooperation will continue to grow, unlocking new opportunities to strengthen ties, expand trade, and foster innovation.

Vietnam brought to the forum reputable enterprises with strengths in sectors where Kazakhstan seeks cooperation, such as oil and gas, energy, agriculture, minerals, chemicals, tourism, and textiles. The business community of the two sides exchanged views and orientations, explored partnership opportunities for mutual development, and discussed ways to foster shared development and prosperity, contributing to deepening their good traditional bilateral relationship.

On this occasion, General Secretary To Lam, Deputy PM of Kazakhstan Yermek Kosherbayev, and Vietnamese Deputy Prime Minister and Foreign Minister Bui Thanh Son witnessed the exchange of several Vietnam-Kazakhstan cooperation agreements, including an overseas investment certificate issued by Vietnam's Ministry of Finance to Aviation Holdings, a member of Vietjet Air, for the acquisition of a strategic stake in Qazaq Air. This marks part of Vietjet's international expansion strategy, thus strengthening Vietnam-Kazakhstan bilateral ties in aviation, economic, and cultural cooperation, while opening a new chapter for the aviation industry in Central Asia.

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Ha Tinh focuses on resolving issues for 175 investment projects

Wed, 05/07/2025 - 16:30
Common delays stem from investors struggling to secure capital, compensation challenges for land clearance, among others.

The Chairman of the Ha Tinh Provincial People's Committee has directed departments, agencies, and localities in the province to review, classify, and definitively resolve stalled investment projects, aiming to prevent resource wastage and promote socio-economic development.

According to a report by the Ha Tinh Department of Finance, the province currently has 175 investment projects facing obstacles that require targeted intervention.

Among these, 125 projects—approved at the provincial level— have been hindered by legal difficulties, procedural delays, land clearance issues, and slow implementation following land allocation. Notably, nine projects within this group fall under the jurisdiction of district-level authorities for resolution.

Additionally, 50 projects under district-level management are also experiencing obstacles that require ongoing monitoring and regulatory action. Common delays stem from investors struggling to secure capital, compensation challenges for land clearance, and cases where investors have either constructed without formal land leases or built structures in violation of planning regulations.

To address these challenges, the Provincial People's Committee has assigned specific responsibilities to relevant departments, agencies, and localities.

The Department of Agriculture and Environment will review and handle land-related issues for provincially approved projects that have been allocated or leased land. Meanwhile, the Department of Construction will lead efforts to resolve construction and planning violations in projects that have already commenced but face regulatory compliance issues.

-Nguyễn Thuấn

Industrial production continues upward trend in 4M

Wed, 05/07/2025 - 16:00
The Index of Industrial Production (IIP) up 8.4% year-on-year.

Vietnam’s Index of Industrial Production (IIP) in the first four months of 2025 rose 8.4%  compared to the same period last year,  the National Statistics Office announced on May 6.

The manufacturing and processing sector continued to lead the growth with a year-on-year increase of 10.1%. Meanwhile, electricity production and distribution surged 5.1%, while mining dropped 4.5%.

The highest increase was seen in motor vehicle manufacturing (35.1%), followed by the production of leather and related products (16.7%), and the production of rubber and plastic (16.4%).

Sixty-two of the total 63 centrally - run cities and province recorded an increase in the IIP during the period, while only southern Ba Ria-Vung Tau province suffered a decline of 3.2%.

 

-Huyền Vy

Vietnam's IT sector faces 200,000 personnel shortage

Wed, 05/07/2025 - 15:00
Human resource constraints remain an obstacle, despite the IT industry's competitive salary levels.

The IT sector will require approximately 700,000 new personnel by 2025, while domestic training institutions can only supply around 500,000, according to the Vietnam Information Technology Market Report.

This leaves a shortfall of 200,000 skilled workers—a significant challenge given Vietnam’s digital economy development ambitions.

Statistics from the Ministry of Science and Technology indicated that Vietnam currently has 74,000 IT enterprises, employing over 1.2 million workers, with projections to reach 3 million by 2030. This growth aligns with expectations that Vietnam’s digital economy could reach a value of $74 billion. However, human resource constraints remain an obstacle, despite the IT industry's competitive salary levels.

For years, Vietnam has been regarded as an attractive destination for foreign businesses, largely due to its abundant labor force and low costs. However, as the country transitions into the digital age, this advantage is no longer sufficient. The IT industry now requires high-quality professionals equipped with specialized knowledge and the ability to adapt to emerging technologies.

Although Vietnamese universities and colleges train approximately 50,000 IT students annually, only 30% are immediately employable, with most requiring additional training to meet industry demands. The gap between education programs and business requirements has resulted in a significant disparity in workforce readiness.

According to Associate Professor Dr. Pham Manh Ha, Director of the Center for Training Cooperation and Development at Vietnam National University’s University of Education, a disconnect exists between academic curricula and the practical needs of the industry. Current training programs have not kept pace with technological advancements, leaving graduates underprepared for evolving business demands.

-Bạch Dương

CPI in April up 0.07%

Wed, 05/07/2025 - 14:00
The growth mainly driven by higher rental housing prices, food costs, and dining-out expenses.

The consumer price index (CPI) in April rose 0.07% compared to the previous month, mainly driven by higher rental housing prices, food costs, and dining-out expenses, according to the National Statistics Office (NSO).

On average, the CPI during the first four months of 2025 jumped 3.2% year-on-year.

In April, prices rose in eight out of 11 groups of main consumer goods and services, two groups saw price declines, and one remained unchanged.

The group of housing, electricity, water, fuel, and construction materials posted the sharpest increase, by 0.62%, contributing 0.12 percentage point to the CPI expansion. Rental prices surged 0.57%, largely due to high real estate prices, which boosted rental demand. 

The food and catering services group had the biggest impact on the CPI as they rose 0.12% month-on-month, contributing 0.04 percentage point to the overall CPI growth.

The NSO also reported that the average core inflation in the four-month period increased 3.05% year-on-year, lower than the CPI growth rate.

 

-Vũ Khuê

Nearly 90,000 businesses join and rejoin market in first four months

Wed, 05/07/2025 - 10:00
Total registered capital reached nearly VND1.8 quadrillion (around $69.3 billion) in the four-months period, representing a 91.3% increase year-on-year.

The business registration landscape in the first four months of 2025 reflects strong momentum, with nearly 90,000 newly established and re-operating businesses—a 9.9% increase compared to the same period last year.

According to the National Statistics Office (Ministry of Finance), in April alone, Vietnam recorded over 15,200 newly established enterprises, representing a 2.5% decrease from March, but a 7.4% increase compared to April, 2024.

The registered capital in April reached over VND133.6 trillion ($5.15 billion), reflecting a 5.8% increase from the previous month, though a 23.5% decline compared to the same period last year.

In total, during the first four months of 2025, Vietnam saw 51,600 new business registrations, a slight 0.9% decrease from the same period in 2024.

However, a major highlight was the strong resurgence of businesses. Over 38,300 enterprises resumed operations in the four-month period, showing a 29% increase compared to last year. This brings the total number of newly established and re-operating businesses to over 89,900, averaging nearly 22,500 businesses entering or re-entering the market each month.

Another positive indicator is the total registered capital added to the economy, with nearly VND1.8 quadrillion (nearly $69.3 billion) in the first four months of the year, representing a 91.3% increase compared to 2024. This surge is primarily driven by strongly increased volume of registered capital from operating businesses, with more than VND1.3 quadrillion (over $50.36 billion) recorded, marking a 217.1% rise from the same period last year.

-Khánh Vy

Hai Phong city tops Provincial Competitiveness Index

Wed, 05/07/2025 - 09:00
The 2024 PCI report demonstrating positive progresses in localities’ efforts to enhance business environment.

Northern Hai Phong port city was ranked first in the 2024 Provincial Competitiveness Index (PCI), according to a report released by the Vietnam Chamber of Commerce and Industry (VCCI) on May 6.

The 2024 PCI report demonstrated positive progresses in localities’ efforts to enhance business environment and promote the private economic sector.

Northern Quang Ninh province ranked second, followed by southern Long An province and northern Bac Giang province.

The remaining provinces or centrally-governed cities in the Top 10 were Ba Ria-Vung Tau, Hue, Hau Giang, Phu Tho, Dong Thap, and Hung Yen.

The release of the 2024 PCI marks the 20th anniversary of the index’s introduction, aimed at fostering a transparent, business-friendly, and competitive environment across Vietnam.

The report is based on feedback from nearly 11,000 domestic and foreign enterprises, providing a comprehensive overview of provincial economic governance and business sentiment nationwide.

 

-Vũ Khuê

Vietnam ranks among Top 4 seafood suppliers to Singapore

Wed, 05/07/2025 - 08:45
Chilled/frozen fish fillets and fish meat remain the highest-value import category among Vietnam's seafood exports to Singapore

Vietnam has emerged as the fourth-largest seafood supplier to the Singaporean market, marking the first time Vietnamese seafood has entered the top four export partners to Singapore, following Malaysia, Indonesia, and Norway, according to the Vietnam Trade Office in Singapore.

Among Vietnam's seafood exports to Singapore, chilled/frozen fish fillets and fish meat remain highest-value  category. In the first three months of 2025, this segment generated SGD14 million ($10.86 million), reflecting a 2.5% increase from the same period in 2024, and accounting for 27.8% of Vietnam's total seafood export value to Singapore.This category also represents the leading Vietnamese seafood product in the Singaporean market.

Beyond chilled/frozen fish fillets and fish meat, Vietnam has two other key seafood export groups with significant value in Singapore: processed/unprocessed crustaceans and processed/unprocessed mollusks, reaching SGD5.6 million and SGD4.9 million respectively, accounting for 8.3% and 16.5% of Vietnam's market share in Singapore. With modest export values to Singapore and remaining potential, these two product groups  also recorded  positive growth in the first three months of 2025.

According to the trade office, seafood consumption demand in Singapore is relatively even for four groups: fresh/chilled fish excluding fillets and fish meat; frozen fish excluding fillets and fish meat; chilled/frozen fish fillets and fish meat; and processed/unprocessed crustaceans, with values from each group exceeding SGD50 million in the first three months of 2025.

In addition to the above four main groups, statistics also show that the Singaporean market has import demand for live fish, processed fish, processed/unprocessed mollusks, and processed/unprocessed aquatic invertebrates excluding crustaceans/mollusks.

-Vũ Khuê

FDI attraction increases nearly 40% in 4M

Wed, 05/07/2025 - 07:30
Total registered FDI capital a hitting $13.82 billion in the four- month period.

Vietnam attracted $13.82 billion of FDI capital in the first four months of this year, marking a significant growth of 39.9% compared to the same period of 2024, according to the Foreign Investment Agency at the Ministry  of Finance.

Some  1,204 new FDI projects were granted investment licenses in the period, with total registered capital of 5.59 billion, up 14.1% year-on-year in volume but down 23.8% in value.

The manufacturing and processing continued to take the lead in terms of investment capital with $3.39 billion, accounting for 60.6% of the total, followed by the real estate sector with $1.51 billion or 26.9%.

Singapore ranked the first among 60 countries and territories investing new projects in Vietnam in the period with total investment capital of $1.6 billion, followed by China with $1.52 billion and Japan with $573.2 million.

In the four-month period, FDI disbursement was estimated at $6.74 billion, a year-on-year increase of 7.3%.

-Khánh Vy

Retail sales of goods and services up 9.9% in 4M

Wed, 05/07/2025 - 07:00
The two-digit growth in April attributed to high consumption and tourism demand during holidays.

Vietnam’s retail sales of consumer goods and services saw a significant year-on-year increase of 11.1% in April, according to the National Statistics Office of Vietnam.

For the first four months of 2025, total retail sales rose 9.9% compared to the same period in 2024.

At current prices, total retail sales reached an estimated VND582.1 trillion ($22.3 billion) in April and VND2.28 quadrillion ($87.3 billion) in the four-month period.

The two-digit growth in April is mainly attributed to high consumption and tourism demand during holidays, and increasing number of international visitors.

Total revenue of accommodation and catering services reached VND270.6 trillion ($10.36 billion), up 14.9% year-on-year, while total turnover of travel and tourism services amounted to VND30.4 trillion ($1.16 billion), soaring 24.5%.

Vietnam welcomed 7.67 million foreign tourists in the first four months of the year, up 23.8% year-on-year.

 

-Vũ Khuê

[Interactive]: Economic overview - April 2025

Wed, 05/07/2025 - 06:30
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-Vietnam Economic Times - VnEconomy

Government's regular monthly meeting of April held

Tue, 05/06/2025 - 17:30
At the May 6 meeting, Prime Minister Pham Minh Chinh highlighted that Vietnamese economy sustains positive growth momentum.

Prime Minister Pham Minh Chinh on May 6 presided over  the Government's regular monthly meeting of April in Hanoi.

The PM was quoted by the Government News as stating at the meeting that the Vietnamese economy sustained positive growth momentum across three pillars of agriculture, industry and service in the first four months this year.

According to the PM, foreign direct investment (FDI) inflows reached around $13.82 billion in January-April period, an increase of 39.9 per cent against the same period last year.

Meanwhile, the disbursed volume of FDI was estimated at $6.7 billion in the same period, a year-on-year increase of 7.3 per cent, the Government leader said.

Industrial production expanded 8.9 per cent in April and 8.4 per cent in the four months, he added.

Vietnam's total foreign trade value  was estimated at $74.32 billion in April, down 1.4 per cent compared to the previous month, but up 21.3 per cent year-on-year.

In the first four months, trade with the rest of the world reached $276.89 billion, a year-on-year rise of 15.7 per cent, in which exports and imports increased by 13 per cent and 18.6 per cent, respectively.

The number of foreign tourists  reached 1.65 million in April and 6.67 million in the first four months, up 6.3 per cent and 23.8 per cent against the same period last year, respectively.

The Prime Minister called for greater efforts to realize the ambitious GDP growth goal of at least 8 per cent for the whole year due to adverse conditions, including the impacts of the U.S. Administration's reciprocal tariff policy.

He urged inferior levels to double efforts to raise the disbursement rate of public investment capital (around $35.3 billion for 2025) to 100 per cent by the end of this year.

The Government chief also called for effective implementation of the current preferential visa policies while exploring the possibility of expanding visa exemption and amending the Law on Nationality to further attract tourists to Vietnam.

PM Chinh urged authorities and enterprises to take measures to diversify markets and supply chains, promote domestic consumption, and strengthen the supervision of the origin of goods.

-Vân Nguyễn

Kon Tum seeks investors for seven urban area projects in Mang Den town

Tue, 05/06/2025 - 17:00
This initiative aims to attract investors for urban and service projects, totalling 1,860 ha, with implementation scheduled to commence this year.

The People's Council of the Central Highlands province of Kon Tum has approved a plan to auctioning land use rights for seven plots of land in Mang Den town, Kon Plong district, totaling approximately 1,860 ha.

This initiative aims to attract investors for urban and service projects, with implementation scheduled to commence this year. The Kon Tum Provincial People's Committee will oversee the detailed execution of the plan.

The designated urban areas are as follows: Urban area No 1, spanning around 283 ha in Residential Group 2, Mang Den town; Urban Area No 2, covering approximately 278 ha in Kon Pring village; Urban Area No 3, encompassing roughly 265 ha in Kon Vong Kia village; Urban Area No 4, stretching across 248 ha in Kon Chot and Kon Leang villages; Urban Area No 5, occupying about 277 ha in Kon Leang village; Urban Area No 6, extending across 169 ha in Residential Groups 1 and 2, and Kon Vong Kia village; and Urban Area No 7, measuring approximately 169 ha in Kon Leang village.

Mang Den, located about 60 km from Kon Tum city, is often referred to as the “Second Da Lat” of the Central Highlands.

According to the master plan, the town is set to become a hub for tourism, agricultural and forestry production, and a key driver of economic development for the eastern part of the province.

-Thiên Di

Da Nang city welcomes 3.5 mln tourists in 4M

Tue, 05/06/2025 - 16:30
Over 1.7 million foreign tourists visiting the central city in the four-month period.

Central Da Nang city welcomed over 3.5 million tourists in the first four months of the year, up 18.6% year-on-year, according to the city’s Statistics Office.

Of the total, more than 1.7 million were international visitors.

Tourism and services sectors continue to be the city’s key growth drivers, accounting for over 71% of its economic structure. Total revenue of the services industry in the four-month period was estimated at nearly VND12 trillion (over $453 million).

The city's domestic trade continue to grow with total retail sales of consumer goods and services reaching nearly VND52 trillion (over $2 billion) in the period, a year-on-year increase of 26.5%.

Meanwhile, the city recorded export revenue of over $1.12 billion, up 8% year-on-year.

Since the beginning of the year, the city has granted business registration certificates for 1,373 firms, with registered investment capital estimated at over VND9.5 trillion ($366 million) from projects outside industrial zones.

 

-Ngô Anh Văn

Soc Trang province needs $2.35 bln to develop seaports

Tue, 05/06/2025 - 16:00
The Mekong Delta province to have some 6 ports with around 16-18 wharves by 2030.

The Mekong Delta’s Soc Trang province requires an investment capital estimated at over VND61.5 trillion ($2.35 billion) to develop its seaport system by 2030.

This is part of the province's draft plan on seaport development in the 2021-2030 period, with a vision towards 2050, which has been submitted to the Ministry of Construction. 

Of the total investment capital, around VND19.6 trillion (more than $775.5 million) will be allocated for public maritime infrastructure and the remainder for commercial port operations.

By 2030, the province’s seaport system will consist of some 6 ports with around 16-18 wharves in total length of 2.7 - 3.5 km . They are expected to handle between 30.7-41.2 million tons of cargo and 522,100-566,300 passengers per year.

 

-Thiên Ân

Vietnam eyes Czech Republic, Eastern Europe to reduce US market reliance

Tue, 05/06/2025 - 15:00
In the first quarter alone, bilateral trade reached $548.6 million, with Vietnamese exports accounting for $495.2 million.

The Vietnam Trade Office in the Czech Republic has reported a remarkable surge in trade between Vietnam and the Czech Republic since early 2025.

In the first quarter alone, bilateral trade reached $548.6 million, with Vietnamese exports accounting for $495.2 million and imports totaling $53.4 million. This represents a 62.3% increase in Vietnam’s exports compared to the same period in 2024, signaling robust growth momentum.

Analysts attribute this upward trend to Vietnam’s participation in trade agreements with the European Union (EU), particularly the EU-Vietnam Free Trade Agreement (EVFTA). These agreements have facilitated greater market access for Vietnamese products in the Czech Republic and beyond.

In addition to tariff reductions under the EVFTA, Vietnam has made significant strides in enhancing product quality, especially in key export sectors such as textiles, electronics, and seafood, ensuring greater alignment with Czech consumer preferences.

The post-pandemic recovery of the Czech economy has further fueled demand for imported goods, particularly consumer and industrial products.

With Vietnam’s competitive pricing and improved standards, items such as clothing, footwear, and processed foods—including organic and traditional Vietnamese specialties—have gained increasing traction among Czech consumers.

Moreover, the Czech Republic serves as a strategic gateway to the broader EU market, making it a vital hub for Vietnamese exporters seeking expanded access to European buyers.

Against the backdrop of rising US tariffs, the Ministry of Industry and Trade has identified Eastern Europe as a key growth market, with the Czech Republic standing out as a particularly promising destination for Vietnamese goods.

With trade ties strengthening and businesses leveraging preferential tariffs, Vietnam’s exports to the Czech Republic are expected to maintain a strong growth trajectory, further solidifying Vietnam’s foothold in the European market.

-Vũ Khuê

Quang Ninh, Hai Phong tourism booms during April 30 - May 1 holidays

Tue, 05/06/2025 - 14:00
During five days from April 30 to May 4, Quang Ninh welcomed over 1.1 million tourists, a 112% increase compared to the same period in 2024, with international visitors estimated at 102,000.

During the April 30 - May 1 holidays, Quang Ninh province and Hai Phong city recorded a sharp increase in tourist arrivals, with tourism revenue reaching trillions of Vietnamese dong, further solidifying their status as leading tourist destinations in Vietnam.

According to the Quang Ninh Provincial Department of Culture, Sports and Tourism, in five days (April 30 - May 4), the province welcomed over 1.1 million tourists, a 112% increase compared to the same period in 2024, with international visitors estimated at 102,000.

Total tourism revenue was estimated at VND3.1 trillion (over $120 million), 1.4 times higher than the same period last year, bringing Quang Ninh’s tourism industry closer to its 2025 target of VND55 trillion (nearly $2.12 billion).

During the holiday period, Quang Ninh hosted more than 40 tourism, cultural, artistic, and sports events to enhance visitor experiences.

In Hai Phong, a quick report from the Department of Culture, Sports and Tourism stated that during this year's April 30 - May 1 holiday, the city welcomed approximately 780,000 visitors, a 39.28% increase compared to 2024. Of these, domestic visitors reached 751,000, while international arrivals totaled 29,000.

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Key projects, exhibition to be accelerated in celebration of 80th National Day

Tue, 05/06/2025 - 11:15
According to the Prime Ministerial dispatch, dated May 5, 2025, the nationwide launch of major national projects in celebration of the 80th anniversary of National Day is scheduled for August 19, 2025.

Prime Minister Pham Minh Chinh has issued Official Dispatch No.57/CD-TTg, dated May 5, 2025, which sets out detailed plans for a series of ground-breaking and inauguration ceremonies for major national projects, along with a large-scale exhibition highlighting Vietnam’s socio-economic achievements in celebration of the 80th anniversary of National Day (September 2, 1945 – 2025).

Earlier on April 19, a massive launch of 80 major projects across the country was held to celebrate 50th anniversary of the liberation of the south and national reunification.

Under the Prime Minister’s directive, as outlined in Official Dispatch 57, the second nationwide launch is scheduled for August 19, 2025, combining in-person and virtual ceremonies for significant infrastructure projects across all regions.

-Phạm Long

Hue City's Chan May Port to be expanded

Tue, 05/06/2025 - 11:00
Chan May Port is set to become one of Vietnam's major seaports, projected to handle 8.9 - 10.2 million tons of cargo per year by 2030.

The Hue City People's Committee has submitted a proposal to the City People's Council to adjust the sub-area development plan for Chan May Port, expanding its planned area from 702 ha to 1,160 ha.

This adjustment aims to develop an international seaport in the area.

Chan May Port is designed to accommodate general cargo and bulk carriers with a deadweight tonnage (DWT) of 150,000 - 200,000 tons, or larger when technical conditions allow. Additionally, the port will be capable of receiving container ships with a capacity of up to 4,000 TEUs, international passenger ships up to 225,000 GT, and liquid/gas cargo ships with a deadweight tonnage of up to 150,000 tons.

As a gateway to the East Sea (internationally known as the South China Sea), Chan May Port facilitates connectivity along the East-West Economic Corridor, serving as a key trade link between Central Vietnam, Central and Lower Laos, Myanmar, and Northeast Thailand. The port is also an important hub on the maritime route connecting the Philippines, Singapore, and Hong Kong (China).

Currently, Chan May Port is one of the largest ports in the Central region capable of receiving large vessels, handling ships up to 30,000 DWT and passenger ships of 100,000 GRT. Since its operation, the port has processed over 12 million tons of cargo and 312,000 cruise tourists, with an import-export turnover through the port estimated at over $1 billion.

According to the master plan for Vietnam’s seaport system (2021-2030), with a vision to 2050, Chan May Port is set to become one of Vietnam's major seaports, projected to handle 8.9 - 10.2 million tons of cargo per year by 2030. Its development is expected to enhance the competitiveness of the Central region and promote the socio-economic growth of Hue City.

-Nguyễn Thuấn

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