The Spanish Government pledges to provide financial assistance for Ho Chi Minh City to develop one more metro line, said an official from Spain’s Ministry of Economy, Industry and Competitiveness (MEIC).
HCM City (VNA) – The Spanish Government pledges to provide financial assistance for HoChi Minh City to develop one more metro line, said an official from Spain’s Ministry of Economy, Industry and Competitiveness (MEIC).
During a working session with HMC City’s officials on January 24, Jose Kaiser Moreiras, Director General for International Tradeand Investment Department under the MEIC, stressed hiscountry has experience in technology application, constructional design, transportinfrastructure development and relevant consultancy.
HCM City needs to plan a comprehensive metro line system, he said, adding that theconnection of inner-city metro lines will bring many benefits to the community.
The metro line No. 5 – the first phase, is a priority project as it will serveas a transit system among other lines in the city.
Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen affirmed HCMCity’s determination to develop metro lines, including metro line No. 5.
The locality needs a lot of capital for these projects, he said, expressinghope the Spanish side will continue to support the city in the work.
Metro line No. 5 has total investment of 1.56 billion EUR (1.94 billion USD). Itsfirst phase has a total length of 9km, including 7.46 km of underground track and1.43km of elevated trails.-VNA
Ho Chi Minh City prioritises investment in green hi-tech industries, urban development and transport infrastructure, said Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen.
The first metro tunnel running from Ba Son Station to the Municipal Theatre in District 1 is expected to be completed by the end of this month, two months ahead of schedule.
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan hosted a reception on November 30 for Russian Ambassador to Vietnam Vnukov Konstantin Vasilievich.
Ho Chi Minh City has approved the extension of the city’s first metro route, which links Ben Thanh Market with Suoi Tien Theme Park in District 9, to the neighbouring provinces of Binh Duong and Dong Nai.
Ho Chi Minh City’s authorities have proposed increasing capitalisation for the city’s first two metro lines as the projects continue to face a capital shortage.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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.
A corner of the underground track (Source: VNA) 
