Van Don int’l airport to be operational in 2018’s Q2
The Van Don International Airport in the northern province of Quang Ninh, the first airport invested by a private business in Vietnam, is scheduled to be operational in late June 2018, instead of in late March as previously announced.
A design mock up of Van Don International Airport in Van Don Economic Zone (Photo quangninh.gov.vn)
Hanoi (VNA) – The Van Don International Airport in the northernprovince of Quang Ninh, the first airport invested by a private business in Vietnam,is scheduled to be operational in late June 2018, instead of in late March aspreviously announced.
The airport, on Van Don Island, was invested with nearly 7.5 trillion VND (330million USD) by property developer Sun Group.
In April, Sun Group established the Van Don Investment and Development JSC,which will operate the facility when it becomes operational. The other 21airports in Vietnam are operated by the Airports Corporation of Vietnam (ACV).
Construction on the airport started in 2015. It is the first airport project inVietnam developed under build-operate-transfer (BOT) format, with a paybackperiod of 45 years.
In February, Prime Minister Nguyen Xuan Phuc approved the policy to upscale theairport from a domestic to international airport.
The airport’s 3.6km runway is nearly complete and the developer is hasteningconstruction of other works to put the airport into operation.
Besides, two additional parking lots will be built and the lighting system willbe upgraded to receive large aircraft like A350s and B787s.
It is designed to serve two million passengers a year by 2020 and will beexpanded to serve five million passengers annually by 2030 if demand for travelthrough the airport increases.
The airport, a key project in the Van Don Economic Zone, will also be able toaccommodate military aircraft.
It is expected to help attract investment and tourists to Van Don Island and HaLong Bay.-VNA
Bestowed with beautiful landscapes and abundant historic and cultural relic sites, the northeastern province of Quang Ninh is working to promote sustainable tourism development.
Quang Ninh needs a special administrative-economic unit with specific preferential mechanism to make the best use of local advantages, and attract investment to speed up economic restructuring and development.
Quang Ninh, Kien Giang and Khanh Hoa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units.
A series of projects worth a total 61 trillion VND (2.7 billion USD) will be built in the Van Don Special Administrative – Economic Unit, the northern province of Quang Ninh in 2018.
Investment has been poured strongly into property in the north-eastern border province of Quang Ninh, seeing the engagement of major property groups, BIM group, VinGroup, Sun Group and FLC, as a few to name.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.