NAM DINH TO BUILD TWO NEW INDUSTRIAL CLUSTERS
Its primary industrial activities are mechanical engineering, supporting industries, food processing, pharmaceutical production, automotive parts manufacturing, electronics assembly, electrical equipment production and other manufacturing and processing industries.
HAI PHONG: CONSTRUCTION OF THE CARGO TERMINAL AT CAT BI INTERNATIONAL AIRPORT
The cargo terminal at Cat Bi International Airport, with a total investment of 724 billion VND, is designed to handle 100,000 tons of cargo per year, expandable to 250,000 tons. The project is set to be operational by January 2026.
INVESTORS BETTING ON CONSTRUCTION STEEL THROUGH 2025
"During 2025-2026, MBS expects construction steel and hot-rolled coil steel to increase by 7 per cent and 8 per cent, respectively, due to rising demand and easing pressure from China. Domestic manufacturers stand to gain market share as anti-dumping duties take effect in December," noted the MBS steel sector Q3 report.
CONSTRUCTION MATERIALS INDUSTRY'S REVENUE TO REACH $47 BILLION
During a recent seminar on the development of Việt Nam’s modern and sustainable construction materials sector on November 9, Lê Trung Thành, head of the Department of Building Materials at the Ministry of Construction, revealed that the industry generated around US$47 billion annually, contributing 11 per cent to the national GDP.
LONG AN INTERNATIONAL PORT READY FOR INTERNATIONAL CONTAINERS IN 2025
Long An International Port is working with a number of global shipping companies to implement plans to transport goods internationally starting from 2025. According to Ngo Thi Thanh Vy, deputy general director of Long An International Port Management and Operations JSC, currently, Long An International Port is exploiting domestic containers from the north, central and south and vice versa.
BIG PLAYERS KEEN ON PORT DEVELOPMENT
Swiss-headquartered Mediterranean Shipping Company (MSC) is eyeing investments in Vietnamese ports. MSC Group president Diego Aponte expressed this intention during a meeting in Switzerland with Vietnam’s Commission for the Management of State Capital at Enterprises in early October.
VIET NAM-U.S. TRADE EXCEEDS US$100 BLN MARK OVER NINE-MONTH PERIOD
As of September, there were 13 key Vietnamese commodities with export value over US$1 billion each. Computers, electronics and spare parts took the lead with US$17.32 billion; followed by machines, equipment and tools with US$15.5 billion; and garment with US$12 billion.
FOREIGN INVESTORS KEEN ON LNG INFRASTRUCTURE IN VIET NAM
Many foreign investors, particularly from the US, have expressed interest in investment opportunities in Việt Nam’s liquefied natural gas (LNG) infrastructure market to meet the country's energy needs.
