Binh Thuan authorities have held a meeting with the Ministry of Defence and other relevant agencies to discuss speeding up of the construction of the civilian-military Phan Thiet airport.
The 543ha Phan Thiet Airport in the central province of Binh Thuan is expected to be ready next year. (Photo: binhthuan.gov.vn)
Binh Thuan (VNA) – The southcentral province of Binh Thuan’s authorities have held a meeting with theMinistry of Defence and other relevant agencies to discuss speeding up of theconstruction of the civilian-military Phan Thiet airport. They urged the ministry to quickly pay compensation to landowners. Of 135 billion VND (6 million USD), only around 50 billion VND (2.2million USD) has been paid so far. The ministry should sanction the extra money needed to upgrade therunway from 4C to 4E standard of the International Civil Aviation Organisation(ICAO), they said. The ministry should identify the builder of the military sectionof the airport so that the work can proceed quickly, they said. Minister of Defence Ngo Xuan Lich urged the province authoritiesto acquire land and hand it over to the builders. The 543ha Phan Thiet airport in Thien Nghiep commune is beingbuilt in the BOT (build-operate-transfer) mode at an estimated cost of 5.6trillion VND (247 million USD). Rang Dong JSC is the contractor for the civilian component, whichis expected to cost 1.64 trillion VND (73.5 million USD). The construction began in 2015 and the airport is scheduled toopen next year. It will have a capacity of 500,000 passengers and 10,000 tonnes ofcargo a year. The airport is expected to help develop tourism and other servicesand attract investors by reducing the time it takes to travel to Phan Thietfrom the rest of the country. Vietnam has total 21 operational airports, nine of theminternational: Noi Bai, Cam Ranh, Da Nang, Phu Bai, Vinh, Chu Lai, Tan Son Nhat,Can Tho (Tra Noc) and Phu Quoc.-VNA
Prime Minister Nguyen Xuan Phuc has lauded orientations to the development of the southern coastal province of Binh Thuan for the sake of a green, clean and sustainable economy.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
The 543ha Phan Thiet Airport in the central province of Binh Thuan is expected to be ready next year. (Photo: binhthuan.gov.vn) 
