Want to be in the loop?
subscribe to
our notification
Business News
ĐỒNG NAI HALTS CONSTRUCTION LICENSING
The People’s Committee of Đồng Nai Province has suspended the licensing of construction projects in residential areas around the planned Long Thành International Airport in an effort to prevent speculation and higher land prices.
At a meeting on site clearance on Thursday, the deputy chairman of Đồng Nai People’s Committee, Trần Văn Vĩnh, asked Long Thành and Nhơn Trạch district authorities who grant licences to construction projects to first wait for the planning of areas around the projects to be completed.
To receive public feedback on the plan, the committee and Long Thành District will work together to publicise information about the plan, Vĩnh said.
The central Government has told the province to work with relevant agencies on a feasibility study on site clearance and compensation to residents who will have to move before the project begins.
The Ministry of Planning and Investment will assess the feasibility study and submit it to the Government before sending it to the National Assembly for approval.
A spokesman from the Đồng Nai Province’s Department of Natural Resources and Environment said the feasibility study would be submitted to the Government by the end of August.
The feasibility study is expected to include information about the status and location of the airport project; infrastructure for re-settlement areas for affected households; land reclamation and compensation; and job training and employment opportunities for the resettled.
Also included will be re-adjustment of administrative borders of the area; environmental impact of the project; sources of investment; and information on the progress of the feasibility study.
The department said that speculators, after hearing about the airport plan, had bought farmland plots and divided them into smaller plots for resale. This would likely cause prices of land around the airport to rise, it said.
Around 15,000 Đồng Nai residents will be affected by the airport project, 70 per cent of them farmers, with others working at rubber plantations or other jobs, according to the Đồng Nai Province’s People’s Committee.
Compensation for site clearance to households is estimated to total VNĐ23 trillion, including VNĐ5 trillion approved by the National Assembly for site clearance between 2016 and 2020.
For site clearance of 5,000 ha for the first stage of the project, 4,730 households and 26 offices of organisations will have to be relocated.
Source: VIR
Related News
QUARTERLY PIT FILING FOR EMPLOYMENT INCOME APPLIES FROM APRIL 2026
Deloitte Vietnam would like to update members of HKBAV on a recent change to Personal Income Tax (“PIT”) filing procedures, which applies from April 2026 onwards. On 7 April 2026, the Government issued Resolution No. 66.16/2026/NQ-CP, setting out its direction to reduce and simplify administrative procedures and regulations affecting business activities. The Resolution took effect on 15 April 2026.
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN APRIL OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
PHU QUOC MAKES UP OVER 80% OF AN GIANG’S TOURISM REVENUE
Phu Quoc Special Zone has accounted for more than 81% of An Giang Province’s tourism revenue so far this year, while attracting nearly all international visitors to the province. Tourism revenue in An Giang has reached an estimated VND33.17 trillion in January-May, up 37.2% from a year earlier. The province has welcomed more than 13.3 million visitors, up 12.1%, while international arrivals have grown 48.4% to around 1.18 million, reported the Vietnam News Agency.
VIETNAM OUTLINES SUSTAINABLE AGRICULTURE AGENDA FOR NEXT FIVE YEARS
Vietnam’s agriculture sector has set targets of achieving average annual GDP growth of 3.6-4%, increasing export revenue by 10-12% per year, and cutting greenhouse gas emissions by 8-9% over the next five years. The targets form the core of a broader strategy to shift from low-value agricultural production toward higher-value products and build an ecological, green and low-emission agricultural sector with more efficient resource management.
OUTSTANDING LOANS IN HCMC, DONG NAI TOP VND6 QUADRILLION
Total outstanding loans in HCMC and Dong Nai City had amounted to VND6 quadrillion as of April 2026, accounting for 31.1% of the total in Vietnam’s banking system. The latest figures were released on May 26 by Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Area 2 branch, which oversees HCMC and Dong Nai City.
KNIC OFFICIALLY HOLDS GENERAL CONTRACTOR CEREMONY FOR INFRASTRUCTURE CONSTRUCTION AT KNIC NAM LONG THANH IP
On May 21, 2026, KNIC officially launched the infrastructure construction for Phase 1 of KNIC Nam Long Thanh Industrial Park (Bau Can - Tan Hiep), spanning 1,000 hectares in Dong Nai. Following the completion of all key legal and planning procedures, this milestone marks the project’s transition into active on-site implementation.
























