Business News

The nation's maritime and inland waterway transport sectors have continued to demonstrate robust growth during the first four months of 2025, signalling a steady recovery in trade and logistics activities after a period of economic uncertainty. According to the Vietnam Maritime and Waterway Administration (VIMAWA), under the Ministry of Construction, total cargo via ports reached 370.5 million tonnes, up 11 per cent compared to the same period last year.

Vietnamese telecom service operators are accelerating the development of 5G infrastructure, part of the effort to achieve the goal of nationwide 5G coverage by 2030. Statistics of the Ministry of Science and Technology showed that a total of 11,591 5G base transceiver stations (BTS) have been installed as of early May, covering around 26 per cent of the population. 

Việt Nam's shipbuiding industry aims to capture 0.8 per cent to 0.9 per cent of global output by 2030, focusing on general cargo ships of up to 70,000 tonnes, container ships, LPG carriers, and other service vessels. Domestically, the industry is tasked with meeting the need to renew and expand the national fleet. Việt Nam is setting its sights on strengthening shipbuilding by maximising the use of existing infrastructure and capitalising on its strategic geographical location, according to a new development plan.

Interprovincial highway projects will help engage more foreign capital following the merger of localities in Vietnam. In late March, Lam Dong People’s Committee approved construction of the Bao Loc-Lien Khuong Expressway project under a public-private partnership model. The scheme has a total funding of $780 million, with state budget funding accounting for 44 per cent of the total in Phase 1. The remaining $400 million will be mobilised by the investor.

The Vietnam Expressway Corporation (VEC) has announced the official opening of two sections of the Ben Luc–Long Thanh expressway to traffic from 6 p.m. today (April 28), reported the local media. The two sections now fully open are a 21-kilometer section from the HCMC–Trung Luong interchange to the Nguyen Van Tao interchange, and a seven-kilometer section from the Phuoc An interchange to National Highway 51 in Dong Nai Province. 

Prime Minister Pham Minh Chinh has emphasised the need for bold and accelerated action to develop the railway industry, serving Vietnam’s long-term national development goals. Currently, four major railway projects are underway, including the Lao Cai–Hanoi–Hai Phong line, the Hanoi–Lang Son and Hai Phong–Mong Cai lines, the North–South high-speed railway, and urban rail projects in Hanoi and Ho Chi Minh City.

Unlocking all modes of transport, including road, air, maritime, inland waterway, and rail, is key to lifting the Mekong Delta out of poverty and propelling its growth, Prime Minister Pham Minh Chinh has said. Addressing a conference in Can Tho city on April 21 to review the progress of major transport infrastructure projects in the south, PM Chinh underlined that each generation must contribute to achieving this overarching goal.

Prime Minister Pham Minh Chinh today, April 19, chaired the groundbreaking and inauguration ceremonies of 80 key national projects across the country to commemorate the 50th anniversary of the liberation of the south and the reunification of the nation on April 30. The ceremonies were held in a hybrid format, with the main event taking place at Terminal 3 of Tan Son Nhat International Airport in HCMC and connected virtually to other sites nationwide.