On-going projects

Vietnam’s semiconductor industry is estimated to exceed $6.16 billion by 2024.

The 100% Turkish-invested project shows the attractiveness of Vietnam as a foreign investment destination.

The project, estimated to be around VND87.1 trillion (US$3.81 billion), would be divided into seven sub-components and carried out under the combination of private-public partnership (PPP) and public investment mechanisms.

The Vietnamese Ministry of Transport granted a license to Sun Air, which is owned by Sun Group, a Vietnamese real estate developer.

The project, invested by An Phat Holdings, is considered the largest green materials factory in Southeast Asia.

With such sluggish construction progress, Long Thanh International Airport may not be able to become operational by 2025 as planned.

The estimated cost for all three stages of the project is 5.5 trillion won (US$5.18 billion).

Construction is set to begin in the second half of 2022 and production is due to start during 2024.

The South Korean investor considers Vietnam an important global production hub and a strategic destination in its research and development activities.

The port is expected to handle the North’s transportation demand and help reduce logistics costs and pollution.

The establishment of inland container depots (ICD) will shorten the customs clearance process for businesses in Hanoi and surrounding areas.

Many areas, including infrastructure construction and renewable energy production, are assessed to be the potential for US businesses' investment in Vietnam.

Despite the impacts of the fourth wave of Covid-19, Hanoi hotel occupancy rate was up 6 percentage points year-on-year as the social distancing policy was not as strict as the previous year.

The latest deal marks the KKR fund’s fourth investment globally in the educational and workforce development space.

Dong Nai has been mapping out resettlement scheme to move people out of the project area.

The expansion plan is part of the company’s strategy to increase production capacity in anticipation of the growing demand in the world.

The construction for the airport requires an investment of over VND8 trillion (US$346.8 million).