QUANG TRI EYES 86 MILLION USD LOGISTICS CENTRE

The People's Committee of Quang Tri province has approved in principle for Dong Nam ICD JSC to develop a logistics centre, expected to cost more than 2 trillion VND (86 million USD), in the East South Quang Tri Economic Zone.

The 72ha centre is slated for completion in 2025. That aims to contribute to speeding up the development of the logistics industry in the province and facilitate local enterprises in the economic zone and those in neighbouring areas.

The committee’s Vice Chairman Ha Sy Dong told baodautu.vn that the investor will get preferential corporate income and import taxes, land rental exemption and other investment incentives in accordance with regulations.

Quang Tri is shaping up to be an attractive destination for domestic and foreign investors thanks to its advantageous natural conditions, synchronous infrastructure, clear mechanisms, and especially the commitment of local authorities to welcome and facilitate investment.

Last year, the province saw construction of nearly 30 key projects commence with a total investment of about 100 trillion VND (4.29 billion USD). This proved a great effort by the locality to attract investment, baochinhphu.vn reported.

They included the Thailand-invested BOT Quang Tri 1 Thermal Power Plant, worth above 55 trillion VND, in Hai Khe commune of Hai Lang district. The project, the largest of its kind in the province, has a designed production capacity of 1,320 MW.

Others were the 685ha-My Thuy port area, being constructed in the East South Quang Tri Economic Zone with total investment of over 14 trillion VND; wind power plants Huong Phung 2 and 3 with a combined investment capital of nearly 2.31 trillion VND in Huong Hoa district and a 36ha eco-tourism complex, valued at 1.7 trillion VND in Vinh Linh district.

According to local authorities, many domestic and foreign investors have seen the province's potential, strengths, and aspirations to rise and they are willing to explore investment opportunities.

The province will call for investment in areas in which it has advantages. Meanwhile, the province will select investors who produce hi-tech goods or those that facilitate the province's general development.

Source: VIR

Related News

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIETNAM EXPANDS INLAND CONTAINER DEPOT NETWORK TO 19

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).

Apr 09, 2026

BANKING / FINANCE / INSURANCE / TAX

HCMC CREDIT UP 1.5% IN Q1

Outstanding loans in the city reached an estimated VND5.28 quadrillion, up 0.77% from the previous month and 16.25% year-on-year, data from the State Bank of Vietnam’s Regional Branch 2 showed. Vietnam dong loans accounted for 96.1% of total credit and rose 1.46% from the end of 2025. Medium- and long-term lending made up 55% of total outstanding loans and increased 3.22%.

Apr 09, 2026

VIETNAM ECONOMY INVESTMENT

HCMC TO ESTABLISH CULTURAL INDUSTRY DEVELOPMENT FUND

The HCMC People’s Committee has tasked relevant departments with establishing a cultural industry development fund and developing a 150-hectare film studio complex. The move follows an instruction by HCMC Party Committee Secretary Tran Luu Quang. The city’s cultural industry development fund will be structured under a venture capital model.

Apr 09, 2026

HR / LABOUR/ EMPLOYMENT

EMPLOYEES’ AVERAGE INCOME INCREASES

Average monthly income of workers in the first quarter reached VND9 million, up 3.8% from the previous quarter and 8.5% from a year earlier, according to the National Statistics Office. Male workers earned an average of VND10.1 million per month, compared with VND7.7 million for female workers. In urban areas, average income reached VND10.7 million per month, while in rural areas it was VND7.9 million.

Apr 09, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

HCMC KICKS OFF OVER 10 PROJECTS DURING APRIL

Work will start on major projects in transportation, urban development and logistics sectors in HCMC this month, coinciding with Vietnam’s Reunification Day, April 30. They include the N3 ramp at the An Phu interchange with an investment of VND3.4 trillion and the 1.69-hectare Tan Chanh Hiep Park. In addition to these, seven other projects are slated to break ground within the month, including the Ho Tram – Long Thanh airport urban expressway, the Nha Rong – Khanh Hoi port area and the Ho Chi Minh Museum expansion.

Apr 09, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

VIETNAM’S Q1 FOREIGN TOURIST ARRIVALS HIT RECORD HIGH

Vietnam welcomed nearly 2.1 million international visitors in March, bringing first quarter foreign tourist arrivals to 6.76 million, up 12.4% year-on-year and marking a record high for the period, the national authority for tourism said. Air travel accounted for 82.3% of international arrivals, followed by land at 15.5% and sea at 2.2%, according to the Vietnam National Authority of Tourism.

Apr 09, 2026