Prime Minister Pham Minh Chinh (fourth from left) and delegates perform the ground-breaking ritual (Photo: VNA)
HCM City, (VNA) — Constructionof the third passenger terminal at Tan Son Nhat International Airport in Ho ChiMinh City began on December 24.
Attending the ground-breaking ceremony for theproject, Prime Minister Pham Minh Chinh said transport infrastructuredevelopment, including freight transport infrastructure, is one of the threestrategic breakthroughs for the country’s sustainable socio-economicdevelopment.
“The diversification of modes of transport is animportant factor to boost the improvement of the transportation network,” hesaid.
The T3 terminal project will contribute topromoting socio-economic development, and ensure security and defenceof HCM City and the southern region.
The State-owned Airports Corporation of Vietnamis carrying out the work at a cost of nearly 11 trillion VND (463.2 million USD).
The construction is expected to take 37 months.
The number of passengers going through Tan SonNhat airport has surged in recent years to nearly double its designed capacity.
The airport has two terminals now, with T1serving domestic flights and T2 handling international flights. T1 can serve upto 15 million passengers a year and T2, 10 million.
The airport was designed to handle 25 millionpassengers a year by 2020, but it has been receiving almost 40 million a yearsince 2017.
Once completed, T3 will handle domestic flightsand up to 20 million passengers annually.
With the COVID pandemic ending and the economyshowing strong recovery, passenger numbers have surged again as aviation andtourism recover.
This has again caused overcrowding at majorairports in the country such as Tan Son Nhat and Noi Bai in Hanoi./.
The design inspired by the image of ‘Ao dai’ (Vietnamese traditional long gown) – one of the country’s cultural symbols - has been selected for Terminal T3 of Tan Son Nhat International Airport.
Ho Chi Minh City’s Tan Son Nhat is among the international airports with the lowest flight cancellation rates this summer, at less than 0.3%, according to FlightAware.
Careful consideration must be given to the planning and development of airports to ensure feasibility, experts have warned, as localities across the country propose the airports in their provinces.
Public investment alone is insufficient to finance new airport infrastructure, exposing the need for more favourable policies to draw in private investment.
The Noi Bai international airport in Hanoi is expected to serve 450 flights and up to 80,000 passengers on the peak day during the travel season for the upcoming Lunar New Year holiday (Tet) – Vietnam’s biggest and longest traditional festival.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
Prime Minister Pham Minh Chinh (fourth from left) and delegates perform the ground-breaking ritual (Photo: VNA) 
