Business News

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.

Vietnam’s shrimp exports are picking up early this year, buoyed by stronger demand from China and lower U.S. anti-dumping duties, helping the seafood sector pursue its US$11.5 billion export goal. Shrimp is expected to contribute nearly half. As of February 15, seafood export revenue reached nearly US$1.46 billion, making seafood one of the top three agricultural export earners, according to Vietnam Customs.

China became the largest exporter of completely built-up (CBU) cars to Vietnam in January, with 6,661 units, surpassing Indonesia and Thailand, according to the Department of Vietnam Customs. Vietnam imported 15,042 CBU vehicles worth US$385 million in January. Import volume rose 2.3% from the previous month, while total value fell 5.2%, customs data show.