Want to be in the loop?
subscribe to
our notification
Business News
GOV’T STRIVES TO PUT EASTERN NORTH-SOUTH EXPRESSWAY INTO OPERATION IN 2022
Deputy Prime Minister Trinh Dinh Dung urged the Ministry of Transport to accelerate progress of the Eastern North-South Expressway so that it could be completed by 2021 and put into operation in 2022.
The project involves the development of 654 kilometers of expressway passing through 13 cities and provinces, with total investment capital of approcimately VND119 trillion (nearly US$5 billion).
It was devided into 11 sub-projects: Cao Bo (Nam Dinh) - Bai Vot (Ha Tinh province); Cam Lo (Quang Tri) - La Son (Hue); Nha Trang (Khanh Hoa) - Dau Giay (Dong Nai); My Thuan 2 bridge (Tien Giang and Vinh Long); Cao Bo (Nam Dinh) - Mai Son (Ninh Binh), Cam Lo (Quang Tri) - La Son (Thua Thien - Hue), and My Thuan 2 bridge (Tien Giang to Vinh Long).
Construction of first 98-km section running from Cam Lo to La Son commenced on September 16, 2019.
Viet Nam has built nearly 1,000 kilometers of expressway and the figure is expected to increase by 900 kilometers by 2021. The Government planned to develop an addition of 2,000 kilometers between 2021 and 2025.
Source: VGP
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.
























