Vietnam News
Termintal T3 of Tan Son Nhat airport scheduled to be inaugurated on April 30
The domestic passenger terminal T3 at Tan Son Nhat International Airport in Ho Chi Minh City is slated for inauguration on April 30 this year, the airport representative has announced.
The airport will conduct trial operations at Terminal T3 before the official inauguration, as directed by the Prime Minister.
Initially, the new terminal will only serve domestic flights of two airlines – the national carrier Vietnam Airlines and the budget carrier Vietjet Air.
Domestic flights of the other four airlines - Vasco, Bamboo Airways, Vietravel Airlines, and Pacific Airlines - will continue to operate from domestic Terminal T1.
T3 terminal is designed to handle domestic flights and welcome up to 20 million passengers a year.
The project is invested with nearly VND11 trillion ($434 million) by the Airports Corporation of Vietnam (ACV).
-Thiên Ân
Construction of social housing project starts in Vinh Phuc province
Construction of the first phase of a social housing project kicked off in northern Vinh Phuc province on March 16, building 38 housing blocks with 5,300 apartments.
The groundbreaking ceremony was attended by Prime Minister Pham Minh Chinh.
Covering nearly 17ha at Nam Vinh Yen new urban area, the project has an estimated investment capital of over VND7 trillion ($272 million).
The project is part of the Government program to build at least one million social housing units by 2030. Under the plan, Vinh Phuc province is assigned to build 28,300 units.
Vinh Phuc plans to start construction of six social housing projects this year, providing 2,190 units.
-Thiên Di
The Smart Revolution
What key factors and major trends have shaped the transformation of building management over the past 25 years?
The Building Management industry has been shaped by three main factors: technological advancements, sustainability concerns, and changing habitat dynamics. Technology particularly has had a profound impact, especially with the adoption of 3D Building Information Modeling (BIM), Internet of Things (IoT) and automation systems. By bridging the gap between the physical and digital worlds, these innovations have allowed buildings to be managed more efficiently and transparently. Smart building technologies, for example, allow real-time monitoring of HVAC, lighting, and security systems, enhancing occupant experience while reducing costs.
Sustainability concerns have also influenced the industry, as buildings are responsible for 40 per cent of global energy-related carbon emissions and costly utility bills represent a heavy burden for building owners. With the growing emphasis on energy efficiency and waste reduction, facility managers are now tasked with implementing sustainable practices aligned with green building standards.
Moreover, the Covid-19 pandemic has accelerated changes in how we work and live, focusing on creating healthier, more collaborative environments. Today, management teams often require the ability to monitor and control building systems remotely, especially during emergencies or when physical access is limited. Tenants also expect faster maintenance response times, seamless digital services, and communal spaces that enhance their lifestyles. All these changes have driven demand for outsourced and professional building management services.
“Aden continues to pioneer the industry with our RD center in Hanoi spearheading the expansion of our digitalization capabilities. The integration of AI into our Akila platform is central to our strategy for the future.” - Mr. Laurent Deflandre CEO of Aden VietnamHow is Vietnam adapting to these challenges, especially in terms of sustainability?
Vietnam has made significant progress toward achieving its sustainability goals, including the ambitious target of net-zero emissions by 2050. The Vietnamese Green Building Council (VGBC) is leading efforts with certifications that align with global standards like LEED and WELL. These standards require buildings to meet specific criteria in areas such as energy efficiency, water conservation, and the use of sustainable materials.
The government is also focused on increasing the share of renewable energy in the national grid, with a target of 15-20 per cent by 2030. Many building owners, particularly in the industrial sector, are integrating solar energy solutions, and some are exploring cutting-edge technologies like Virtual Power Plants (VPPs) to optimize energy usage and enhance sustainability.
From the operational side, building management companies step in as architects of efficiency, conducting regular energy audits and identifying areas for improvement, such as HVAC zoning, LED lighting, or water leak detection systems. Sustainability is also about offering comfortable spaces for users through cleanliness and accessibility, creating a holistic environment that supports people’s well-being. In Vietnam, there is an increased focus on Indoor Environmental Quality (IEQ), including acoustic comfort, air quality management, and healthy eating.
Do you foresee any fundamental transformation for the building management industry in Vietnam in the coming years?
The future of building management will be heavily influenced by advancements in Artificial Intelligence (AI) and machine learning. These technologies will enable even more sophisticated automation and a shift from reactive to predictive maintenance, where systems detect anomalies and anticipate issues before they arise, reducing inefficiencies. Traditional maintenance schedules often lead to unnecessary interventions or, conversely, failures due to missed inspections. AI-powered buildings, however, leverage machine learning algorithms to monitor HVAC systems and their energy consumption patterns to predict when components are likely to break down. Similarly, AI technology can use vibration and temperature data from machinery to identify potential bearing or overheating failures. The simulation of various scenarios in virtual twins enables management teams to assess the impact of energy efficiency improvements before implementation. By enabling the collection and analysis of vast amounts of real-time and predictive data on energy usage, asset performance, and occupancy, AI enables building managers to automate routine tasks like work order management and inventory tracking, make better-informed decisions, and focus on strategic initiatives.
AI is also transforming building security and safety by allowing proactive threat detection and incident response. It can use sensor data to detect potential hazards, such as gas leaks, fires, or water leaks, and trigger automated responses. Combined with video analytics, it can identify suspicious activity or unauthorized access and alert security personnel in real time. AI-powered chatbots can handle routine inquiries and provide instant support to building occupants, improving customer service and reducing response times.
With these technologies, buildings are able to operate more efficiently and sustainably, contributing significantly to the broader goal of reducing the carbon footprint of the built environment and creating a more reliable and comfortable environment for building occupants.
Aden has been a key player in the building management industry for over 25 years. How has Aden adapted to the changing needs and expectations of society?
Aden’s growth from its foundation in Vietnam in 1997 to its presence in more than 25 countries reflects our adaptability and foresight in the face of market changes. Unlike traditional players, Aden has built in-house expertise across all areas of building management, offering strategic and comprehensive solutions to our clients. This approach enables us to truly understand the evolving needs of our clients and provide tailor-made services from day one.
Over ten years ago, Aden was one of the first companies to prioritize sustainable solutions and real-time data, which led to the launch of Akila, a digitalization platform for decarbonization, powered by digital twin technology. This platform helps optimize energy and environmental impact, integrate smart building technologies, and enhance overall facility management.
Aden’s partnership with innovative Vietnamese companies, like FPT Software, further strengthens our ability to deliver cutting-edge solutions. Through our collaboration, we provide to their company facility management services while also integrating their VertZero carbon monitoring solution into our Akila platform, creating a powerful synergy that enhances both companies’ offerings.
As the leader of Aden Vietnam, how do you envision the company’s future growth and developments?
Aden continues to pioneer the industry with our RD center in Hanoi spearheading the expansion of our digitalization capabilities. The integration of AI into our Akila platform is central to our strategy for the future. Additionally, new projects like NxPark, which focuses on real estate, construction, and engineering, as well as Aden Energy, which targets renewable energy and energy efficiency, are paving the way for our continued growth in Vietnam. We are now able to help our clients’ projects be fully sustainable from the conception (sourcing land, building design) to the full completion (building construction and operations). No other company in the world has this level of project integration.
As a leader of building management, Aden Vietnam will continue to adapt and innovate, anticipating the global trends in the industry. We are eager to contribute to Vietnam’s net-zero carbon objectives and support the nation in achieving its sustainability goals.
-Vietnam Economic Times / VnEconomy
Construction of 500kV Lao Cai - Vinh Yen transmission line kicks off
Construction of double circuit 500kV Lao Cai-Vinh Yen power transmission line kicked off on March 16 in northern Vinh Phuc province.
Prime Minister Pham Minh Chinh attended the groundbreaking ceremony.
The project spans 229.5 km across four provinces of Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc, consisting of 468 foundation positions for electricity poles, and connecting the 500kV Lao Cai substation to the 500kV Vinh Yen substation.
Total investment capital is estimated at over VND7.4 trillion ($287 million).
Addressing the groundbreaking ceremony, Prime Minister Pham Minh Chinh instructed the investor and relevant agencies to strive to complete the project within six months.
Once completed, the transmission line will help ensure stable operation of the national power system, increase power supply for northern Vietnam and power import capacity.
The Government estimated that one percent GDP growth would require 1.5 percent growth in power generation. With the Government's GDP growth goal of at least 8 percent this year, power generation needs to grow by 12-13 percent.
The above growth scenario prompts the need to raise power generation capacity by an addition of around 2,200- 2,500MW and to further strengthen transmission capacity.
-Huyền Vy
New regulations aim to spur growth in Hanoi High-Tech Biological Park
Deputy Prime Minister Nguyen Chi Dung has signed Prime Ministerial Decision No 607/QD-TTg promulgating the Regulations of the Hanoi High-Tech Biological Park.
The regulations aim to develop a synchronous and modern system of technical infrastructure and social infrastructure in the high-tech park, providing favorable mechanisms and policies to attract investment projects, research and development activities, application, product manufacturing, education, training, incubation, and provision of high-tech services in line with the global high-tech development trends and Vietnam's high-tech development policies and orientations, with priority given to the field of biotechnology.
At the same time, the regulations also aim to attract leading global high-tech corporations and companies in the field of biotechnology to invest in research and development, production, and high-tech transfer to Vietnamese enterprises.
The Decision clearly states the goal of developing the high-tech biological park into a regional center of excellence in biotechnology, competitive with other countries in the region, and playing a role in spreading high technology in the locality and throughout the country.
According to the Prime Minister's Decision on the establishment of the Hanoi High-Tech Biological Park, the park has a scale of 199.03 ha, located in the wards of Tay Tuu, Lien Mac, Minh Khai, Thuy Phuong and Co Nhue 2, Bac Tu Liem district.
-Hằng Anh
New expressway to connect Bac Kan with Hanoi breaks ground
The construction of the Cho Moi - Bac Kan Expressway officially commenced on March 15 with a total investment capital of more than VND5.750 trillion (over $225.4 million), funded by the State budget.
Spanning approximately 28.8 km, the expressway will connect Bac Kan province with Hanoi, meeting demands for convenient and safe transportation while creating new momentum for regional growth.
Minister of Construction Tran Hong Minh emphasized the strategic importance of the Hanoi - Thai Nguyen - Bac Kan - Cao Bang economic corridor, which connects the provinces in the northern mountainous region to Hanoi.
He noted that the Cho Moi - Bac Kan route is a priority investment, intended to improve transportation, stimulate socio-economic development along the corridor, and contribute to the completion of Vietnam’s road network planning for the 2021-2030 period, with a vision to 2050.
Highlighting its broader significance, the Minister stated, "Investing in the Cho Moi - Bac Kan expressway will link Bac Kan with Hanoi and the Hai Phong international seaport through a modern, efficient road transport system. This will reduce travel time and costs, attract investments, strengthen regional connectivity, and facilitate closer links between localities."
The expressway is designed with a scale of four lanes, a roadbed width of 22 m, and a design speed of 80 km/h. It includes 18 bridges with a total length of 4.66 km. The project is expected to be implemented over 24 months, with basic completion targeted for 2026.
-Đan Tiên
Hanoi allocates nearly $3.9 mln to clean up West Lake
The People's Committee of Hanoi City has issued Decision No 1420/QĐ-UBND, approving the investment policy for a significant project aimed at constructing and completing a wastewater collection system around the West Lake area in Tay Ho district.
The project’s primary objective is to establish a comprehensive wastewater collection system and relay pumping stations.
These facilities will connect to the existing West Lake wastewater collection systems in Phase 1 and Phase 2, laying the groundwork for a fully separate wastewater drainage system in the area.
Additionally, the project ensures future capacity to expand and connect the drainage system as required. Importantly, it aims to completely eliminate the discharge of pollutants into West Lake, contributing to environmental restoration and improvement.
The project is expected to require a total investment of approximately VND99.149 billion (nearly $3.9 million), funded by the Tay Ho district budget.
The implementation period is set from 2025 to 2027.
-Dũng Hiếu
South-central Binh Thuan province plans $271 mln road connecting with North-South high-speed railway
South-central Binh Thuan province plans to build a road connecting with the projected North-South express railway with an estimated investment capital of VND6.99 trillion ($271 million).
The 11.2-km road will have 12 lanes, crossing Ham Hiep commune in Ham Thuan Bac district. It will link with Vinh Hao – Phan Thiet expressway and the projected North-South high-speed railway, as well as other important routes in the province.
In the first phase, from 2026 to 2030, the first six lanes will be built with an estimated cost of VND6.470 trillion ($251 million), including site clearance cost for the whole route. The remaining lanes will be built in the second phase, after 2030, with an estimated investment capital of VND520 billion ($20 million).
The project’s feasibility study is expected for completion in July this year.
The projected North-South expressway railway will be designed to run through 20 provinces and cities. The section crossing Binh Thuan province has a total length of 156km.
-Xuân Nghi
Computer exports surge nearly 40% in February
In the second half of February, exports of computers, electronic products, and components reached $3.17 billion, marking a decrease of $126 million (3.8%) compared to the first half of the month. Similarly, exports of telephones and components fell by $38.8 million (1.8%), from $2.21 billion to $2.17 billion.
Despite these short-term fluctuations, the year-over-year growth for both product groups remains robust.
In February, exports of computers, electronic products, and components totaled $6.46 billion, a significant increase of 38.6% compared to the same period in 2024. Exports of telephones and components reached $4.38 billion, an 11.1% rise from $3.94 billion in February 2024.
The country’s total import-export value for February reached $127.07 billion, reflecting a 12% increase (equivalent to $13.57 billion) compared to February 2024.
Foreign direct investment (FDI) enterprises contributed $86.1 billion, up 10.3% ($8.03 billion), while domestic enterprises recorded $40.97 billion, a notable increase of 15.6% ($5.54 billion).
-Hạ Chi
New challenges to tuna exports
Tuna industry, which has made significant contributions to Vietnam’s seafood exports, is now facing multiple challenges, from raw material shortages to stringent regulations in key export markets.
According to tuna processing and exporting enterprises, one of the major factors impacting export trends is the limited supply of raw materials, particularly those caught by domestic fishing fleets.
They were quoted by the Vietnam News Agency as saying that a new government decree amending and supplementing certain provisions on the minimum catch sizes, particularly for skipjack tuna (Katsuwonus pelamis), are not well-suited to the realities of the seafood sector. They warned that the new rules have significantly disrupted normal fishing and business operations, adding further economic burdens to the industry’s production and supply chain.
In response, Vice Chairman of the National Assembly Le Minh Hoan affirmed that a review process had confirmed the necessity of regulations on minimum catch sizes, including those for skipjack tuna. These regulations provide a legal and scientific basis to protect marine resources while meeting the European Commission’s recommendations on sustainable fishing practices.
To balance the need for marine resources conservation with the economic interests of both traditional fishermen and seafood exporters, the Ministry of Agriculture and Rural Development (now the Ministry of Agriculture and Environment) has proposed an expedited amendment to the decree. The revised regulation, aimed at resolving current obstacles for businesses and fishermen, is expected to be issued by April.
Meanwhile, canned oil-packed skipjack tuna imports into the US are now subject to tariffs ranging from 12.5% to 35%, unless the exporting country benefits from preferential trade agreements or tariff reductions. Data from the International Trade Centre (ITC) showed that Vietnam is currently the second-largest tuna supplier to the market, trailing only Thailand.
Former Deputy Minister of Foreign Affairs and former Vietnamese Ambassador to the US Pham Quang Vinh highlighted that the trade deficit between the two countries is a natural outcome of economic interdependence. He noted that as the US seeks to reduce its reliance on other import sources, it will inevitably increase imports from alternative suppliers, with Vietnam well-positioned to capitalize on this shift.
-Phạm Long
Vietnam Airlines to reopen its direct flights between Hanoi and Moscow in May
National flag carrier Vietnam Airlines has announced to reopen the direct flight route between Hanoi and Moscow (Russia) on May 8 after a three-year suspension.
In the initial phase, the carrier will use Boeing 787 wide-body aircrafts to operate two weekly flights on Tuesdays and Thursdays.
It plans to increase the frequency to three flights per week from July 2026 to meet passenger demand.
Russia has always been a key tourism and trade market of Vietnam. In 2024, the total number of passengers traveling between the two countries reached over 220,000, marking a growth of more than 2.3 times compared to 2023.
-Tuấn Khang
Prime Minister seeks Airbus’ support for aviation industry
Prime Minister Pham Minh Chinh received Executive Vice President of Airbus International Wouter Van Wersch in Hanoi on March 14, during which the former urged Airbus to invest in and support the development of Vietnam's aviation industry ecosystem.
The PM was quoted by the Government News as telling his guest that Vietnam's aviation market is experiencing positive growth, transporting 41.4 million passengers and one million tons of cargo in 2024.
Currently, Vietnam has four airlines operating 98 international routes to 20 countries and territories. The country has a network of 22 airports and is building and upgrading major airport projects such as Long Thanh International Airport in the southern province of Dong Nai, Gia Binh Airport in the northern province of Bac Ninh, and Chu Lai Airport in the central province of Quang Nam
The Prime Minister suggested the world's leading aircraft manufacturer help expand Vietnam's aircraft fleet and speed up the delivery of contracted aircraft orders to Vietnamese airlines.
He called for the expansion of Airbus's supply chain and aircraft equipment production in Vietnam, the establishment of an aircraft maintenance and repair center in the country, and investment in manufacturing plants for aircraft components, contributing to the development of Vietnam’s aviation industry ecosystem.
The Airbus was also encouraged to consider enhancing technology transfer to Vietnamese partners, train high-quality human resources, improve aviation standards, and provide pilot training.
Additionally, the Prime Minister proposed Airbus share management expertise with Vietnam and strengthen its comprehensive cooperation with Vietnamese ministries, agencies, and organizations—particularly in new areas such as aviation logistics, aerospace, satellites, science and technology development, and e-commerce.
Mr. Wersch, for his part, as quoted by the Government News, said Airbus has been a long-term partner of Vietnamese agencies and businesses, with approximately 200 aircrafts currently operated by Vietnamese airlines, accounting for 65 per cent of Vietnam’s aircraft market.
Airbus is working with a Japanese partner to build an Over-wing Door aircraft component manufacturing plant in Vietnam, he added.
Mr. Wersch hailed the potential of Vietnam's aviation market as a regional aviation hub, adding that beyond supplying aircraft, Airbus could support the development of Viet Nam's aviation industry by expanding the aircraft manufacturing supply chain, enhancing digital transformation in aviation, and training aviation personnel.
In addition to cooperation in civil aviation, Airbus can also engage in projects related to space technology and aircraft component manufacturing, he told PM Chinh.
Mr. Wersch expressed his hope that Vietnam will continue to assist Airbus to foster collaboration with Vietnamese relevant agencies and businesses in the development of sustainable aircraft in line with the nation's future development strategy.
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PM sets up committee on science, technology, innovation development
Prime Minister Pham Minh Chinh on March 13 signed a decision on establishing a government steering committee for the development of science, technology, innovation and digital transformation, and Project 06 (on developing application of population data, identification, and e-authentication data, as well as administrative reforms).
The committee is chaired by PM Chinh.
It is tasked with studying and proposing national strategies, policies, and solutions for developing science, technology, innovation and digital transformation.
Besides, it is in charge of overseeing the implementation of Project 06.
A key responsibility is to coordinate the Government's action program for implementing the Politburo’s Resolution No.57-NQ/TW dated December 22, 2024, which focuses on breakthrough development in science, technology, innovation, and national digital transformation.
Additionally, the committee is accountable for speeding up and inspecting the implementation of related inter-sectoral strategies, programs, mechanisms, policies, and solutions.
-Minh Anh
Imexpharm contributes to a greener Da Lat
On March 14, 2025, Imexpharm Pharmaceutical Joint Stock Company handed over trees to the Da Lat Youth Union, backing the city’s initiative to plant 3.8 million trees and contributing to the broader goal of 50 million trees across Lam Dong Province during the 2021-2025 period. This activity reflects Imexpharm’s commitment to working with local communities on environmental protection and sustainability.
The event took place at Lam Vien Square in Da Lat City, attended by representative of the Da Lat City Youth Union, alongside Imexpharm’s leadership and staff. During the event, representatives from Imexpharm presented 500 coniferous trees (ranging from 1.5m to 2m in height) to the Da Lat Youth Union, supporting local tree-planting efforts, environmental conservation, and climate change response. The initiative aligns with the Government of Vietnam’s ‘For a Green Vietnam’ campaign, marking Youth Month and celebrating the 94th anniversary of the Ho Chi Minh Communist Youth Union and the 50th anniversary of Da Lat’s liberation.
Speaking at the event, a representative of the Da Lat City Youth Union highlighted that over the years, the city has carried out various practical initiatives to protect the environment, such as “Volunteer Saturdays” and “Green Sundays”, aimed at building a green, clean, civilized, and safe city while reducing plastic waste. "Imexpharm's participation in this initiative is a meaningful extension of these efforts, helping to amplify the message of raising community awareness and encouraging collective action in promoting environmental protection models in Da Lat and throughout Vietnam," the representative stated.
Mr. Nguyen An Duy (left) - Deputy General Director, CFO of Imexpharm - presents a symbolic board donating 500 green trees to Dalat City's Youth Union. Photo: ImexpharmMr. Nguyen An Duy, Deputy General Director – Chief Financial Officer at Imexpharm, stated: “With a mission to align business growth with social responsibility, Imexpharm has been a pioneer in environmental protection throughout its nearly 48-year journey. Today’s tree donation is a practical step toward better community health and promoting the image of a green – clean – beautiful Da Lat to both local and international visitors.”
He added that with climate change affecting both the environment and public health, pharmaceutical companies must integrate sustainability into their strategies, not just in healthcare solutions but in their broader operations. Alongside investments in EU-GMP-certified manufacturing, Imexpharm has been working to reduce its environmental footprint across its production and supply chain.
Imexpharm operates three EU-GMP-certified factory clusters with 12 EU-GMP-certified production lines and additional facilities. The company has adopted energy-saving solutions, optimized material usage, and strengthened control over emissions, wastewater, and waste discharge to move toward a more sustainable manufacturing model in line with international ESG standards. In 2025, it will take another step in this direction by installing rooftop solar systems at its factory clusters, furthering its commitment to clean energy and green production.
A section of the drug packaging production line at Imexpharm's EU-GMP factory. Photo: ImexpharmFollowing the tree handover, 470 members of Imexpharm's leadership and staff participated in a walk around Xuan Huong Lake to promote environmental awareness and community health. The activity was part of the 2025 Sales Marketing Congress, themed “Tien Phong Dan Loi” (Pioneering the Way Forward). A similar initiative took place in March 2024, when Imexpharm worked with Nha Trang City authorities to plant trees along the city’s Ring Road 2, contributing to a greener urban environment.
Beyond environmental initiatives, Imexpharm has remained engaged in corporate social responsibility efforts for nearly five decades—providing free medicine to underprivileged communities, awarding scholarships, building bridges and houses of compassion, and supporting public healthcare programs.
The company’s efforts in sustainability have earned notable recognition. On December 20, 2024, its EU-GMP-certified IMP3 and IMP4 factories were included in the Binh Duong Green Book 2024. Imexpharm was also listed among the Top 50 Corporate Sustainability Awards (CSA 2024) by Nhip Cau Dau Tu Magazine in August 2024 and was honored at the Saigon Times CSR 2024 ‘Invest in a Sustainable Future’ Awards in November 2024.
-Diep Linh
Conference highlights Vietnam's potential in semiconductor packaging
A conference titled "Advanced Assembly, Testing, and Packaging Technology: Opportunities for Vietnam" was held in Ho Chi Minh City on March 13.
The event gathered experts from universities, industry leaders, and international specialists in the semiconductor field.
It emphasized the importance of collaboration to build a robust network for training, research, and technology transfer in Vietnam's semiconductor sector.
Participants discussed the development trajectory of the Outsourced Semiconductor Assembly and Testing (OSAT) industry, shared insights from international models, and proposed solutions tailored to Vietnam's unique context. Key discussions included topics such as Smart Manufacturing in OSAT Companies and Benefits for Vietnam, RD Strategy and Process Development, and Semiconductor Research and Education Programs at International Universities and Vietnamese Student Exchange Opportunities.
Dr. Changhang Kim, Research Professor at HanYang University (South Korea), highlighted the critical need for close coordination between businesses, universities, and the Government to strengthen Vietnam's position in the semiconductor field.
He underscored the urgency for Vietnamese enterprises to enhance OSAT capabilities, invest in process development with artificial intelligence (AI), and lead the adoption of cutting-edge technologies like 3D IC and chiplet packaging.
To support this growth, universities were encouraged to develop advanced packaging curricula, conduct innovative research on new materials and packaging processes, and establish strong partnerships with businesses. Government initiatives and collaboration between academia and industry were deemed essential to addressing current challenges and unlocking future opportunities in Vietnam’s semiconductor packaging field.
During an in-depth discussion session, representatives from prominent institutions such as South Korea's Inha and HanYang Universities introduced educational cooperation programs and initiatives for training high-quality human resources in the semiconductor sector.
Industry leaders from companies like AMKOR, LAM Research, WooWon Technology, SPOT, WiV, and Aemulus shared insights and best practices on advancing domestic enterprises’ technological capabilities through research, education, and international collaboration.
-Phạm Vinh
HCM City posts credit growth of 12.2% in 2M
Ho Chi Minh City recorded a year-on-year credit growth of 12.2% in the first two months of 2025, according to the State Bank of Vietnam (SBV)’s Ho Chi Minh City branch.
Total outstanding loans reached VND3.936 quadrillion ($153 billion).
The credit focused on the fields of production, trade, services and consumption, accounting for 75% of the total.
The SBV’s Ho Chi Minh City branch targets a credit growth of 16% for 2025, aiming to help business to have resources to develop and contributing to boost the city’s economic growth, according to deputy director of the branch Nguyen Duc Lenh. However, the goal will be adjusted, depending on the market demand.
-Hẳng Nguyễn
Hanoi targets 10-20% annual increase in high-tech agricultural models
Hanoi has set ambitious goals for the development of high-tech agriculture by 2030, as outlined in Plan No. 73/KH-UBND, recently approved by the city People's Committee.
By 2030, at least 20% of scientific and technological tasks related to high-tech and digital technology applications in agriculture will be researched, implemented, and transferred to support Hanoi’s agricultural development.
The city also aims to annually increase the number of models, farms, cooperatives, and businesses adopting high-tech and digital technology applications in agricultural management and production by 10-20%.
Enterprises, cooperatives, and production households in concentrated agricultural zones are encouraged to align their production and business plans with high-tech agriculture practices, adopt e-farm and smart agriculture models, and participate in quality management and product consumption systems.
Hanoi plans to promote the establishment and growth of at least 10 businesses with agricultural production and business strategies centered on high-tech applications, advancing toward recognition as high-tech agricultural enterprises in accordance with regulations. Additionally, the city will establish one high-tech agricultural application center to support this transformation.
The plan further emphasizes the formation and development of high-tech agricultural zones and areas based on approved plans, including at least one officially recognized high-tech agricultural zone.
-Hạ Chi
KRX trading system expected to be operational in mid 2025
The KRX trading system is expected to be operational in this May or June, following a testing phase, the Vietnam News Agency has reported, citing the State Securities Commission (SSC).
Provided by the operator of South Korea’s bourse, the Korea Exchange (KRX), the system can handle 3-5 million orders a day and avoid overloads.
To facilitate foreign investor participation and advance Vietnam’s stock market upgrade, the SSC will continue implementing key measures in 2025. Recent efforts include legal amendments and coordination with relevant ministries to align with international market classification criteria.
Vietnam has engaged in discussions with global financial institutions, including MSCI, FTSE Russell, and the World Bank, receiving positive feedback on its reform progress.
-Vân Nguyễn
Vietnamese, US businesses ink deals worth $4.15 bln
Vietnamese and US businesses on March 13 signed various economic and trade cooperation agreements with a total value of $4.15 billion.
The agreements were signed as part of a working trip to the US, made by the Prime Minister's Special Envoy, Minister of Industry and Trade Nguyen Hong Dien.
PetroVietnam Gas Joint Stock Corporation (PetroVietnam PV Gas) signed Memoranda of Understanding with ConocoPhillips, an independent exploration and production company, and Excelerate Energy regarding long-term liquefied natural gas (LNG) purchase agreements.
Binh Son Refining and Petrochemical Joint Stock Company (BSR) established a contract with Kellogg Brown Root Services, Inc. (KBR) for pre-feasibility studies on sustainable aviation fuel.
PetroVietnam Power Corporation (PVPower) and GE Vernova signed a Memorandum of Understanding on the procurement of equipment and services for gas-fired power plants developed by PVPower.
Meanwhile, the Vietnam National Petroleum Group (Petrolimex) inked MoUs with three leading US ethanol associations, namely US Grains Council, Renewable Fuels Association, and Growth Energy on ethanol supply. It also secured an MoU with Marquis Energy to facilitate biofuel transactions and imports. The agreements are significant as Vietnam is pushing its timeline for biofuel use.
-Vũ Khuê
Deputy PM asks to accelerate construction of expressway projects
Deputy Prime Minister Nguyen Thanh Long has called on relevant agencies and investors to take measures to accelerate the construction of some expressways in south-central and Central Highlands regions while inspecting the construction site on March 12.
Construction of the Van Phong – Nha Trang expressway, one of the 12 component projects of the eastern North - South expressway, is expected for completion before June this year, according to the investor.
The expressway stretches 83 km in south-central Khanh Hoa province. It has total investment capital of VND11.8 trillion ($458 million).
So far, some 91% of the work volume has been done. The first 73-km section of the expressway is expected to open to traffic on April 30 this year as scheduled.
Meanwhile, the Chi Thanh – Van Phong section, also part of the eastern North-South expressway, is slated for completion in the fourth quarter of this year. The 43-km section connects south-central Phu Yen province with Khanh Hoa province. Total investment capital is estimated at nearly VND11 trillion ($427 million).
Construction of the first 20 km of the Khanh Hoa – Buon Ma Thuot expressway, which links Khanh Hoa province with the Central Highlands’ Dak Lak province, is expected to complete by the year end. The 117.5 km link is designed to have four lanes, with total investment estimated at nearly VND22 trillion ($872 million).
-Thiên Ân