Business News

Work will start on major projects in transportation, urban development and logistics sectors in HCMC this month, coinciding with Vietnam’s Reunification Day, April 30. They include the N3 ramp at the An Phu interchange with an investment of VND3.4 trillion and the 1.69-hectare Tan Chanh Hiep Park. In addition to these, seven other projects are slated to break ground within the month, including the Ho Tram – Long Thanh airport urban expressway, the Nha Rong – Khanh Hoi port area and the Ho Chi Minh Museum expansion.

According to the Hoanh Mo Border Gate Customs, 1,088 customs declarations were processed between January 1 and March 29, up 76.34% from the same period last year. In the year to the end of the first quarter, 82 businesses had carried out customs procedures at the border gate, including 46 newly registered businesses.

The two newly added ICDs are Cai Mep in HCMC and Tan Cang-Moc Bai (phase one) in Tay Ninh Province. Cai Mep ICD, located in Cai Mep Industrial Park in Tan Phuoc Ward, HCMC and developed by Cai Mep International Logistics JSC, covers 9.15 hectares and has an annual handling capacity of about 133,000 TEUs, according to the Government news site (baochinhphu.vn).

Danang authorities and the project investor on March 29 broke ground on the Tam Anh-An An Hoa Industrial Park in the Chu Lai Open Economic Zone, marking a major step in expanding the city’s industrial capacity. With a total investment of around VND4,150 billion, the project is developed by An An Hoa Urban and Industrial Park JSC. It spans 435.8 hectares in Tam Anh Commune, Danang. 

Prime Minister Pham Minh Chinh ordered construction to be expedited to ensure Long Thanh International Airport in Dong Nai Province begins commercial operations in the fourth quarter of this year during the site inspection on March 29. All construction work must be finalized no later than September this year to meet this deadline.

Prime Minister Pham Minh Chinh has ordered ministries, local authorities and state-owned enterprises to step up exports, diversify markets and strengthen logistics to support Vietnam’s 2026 growth target. Official Dispatch No. 23/CD-TTg issued on March 16 calls for coordinated measures to maintain macroeconomic stability, control inflation and address bottlenecks in import-export activities.

Vietnam can gain US$1 billion in revenue from durian products exports within the first quarter of this year, provided that customs clearance at northern border gates remains favorable. This optimistic outlook was given by the Agency of Foreign Trade under the Ministry of Industry and Trade following a good start to the year, with January figures reaching over US$117 million, up by a staggering 275% year-on-year.

To achieve the ambitious export target for 2026, Vietnam must maintain average monthly revenue of US$45-46 billion, a feat that requires an urgent shift from volume-based growth to higher value-added strategies. This demand comes as factories nationwide rapidly reactivate production lines post-Tet to meet a steady flow of orders, even as global market uncertainties and rising costs squeeze profit margins.