Infrastructure and Administrative Reforms Key to Vietnam's FDI Attraction

As ring roads, metro lines and airport connectivity infrastructure are gradually completed in the coming years, demand for housing, industrial property, retail space and hotels is expected to expand beyond traditional urban centres. Hai Phong city is committed to building an enabling administration that acts decisively, dares to take the lead and assumes responsibility, while providing the best possible services to residents and the business community While appreciating the progress, FDI firms said the next stage of reforms should go beyond putting procedures online. They want administrative processes to be simplified on digital platforms, data systems to be better connected, information to be provided only once and regulations to be applied consistently. For LNG-fired power to fulfill its role in Vietnam’s energy transition, bottlenecks in institutions, infrastructure, electricity pricing, PPAs, power dispatch and financing must be addressed together. The 228-seat aircraft is expected to enter commercial service on October 1 after completing all required technical and operational procedures. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,922 VND/USD, and the floor rate 24,358 VND/USD. General Secretary of the Communist Party of Vietnam Central Committee and President To Lam stressed that economic, trade and investment cooperation is one of the most important pillars of bilateral relations, directly benefiting businesses and people and contributing to the development of both countries. The annual exhibition comprises two main sections including HanoiTex, showcasing machinery, equipment and technologies for the textile and garment industry, and HanoiFabric, featuring fabrics and materials for textile, garment and embroidery production. The event is part of efforts to improve transparency and strengthen engagement with the international investment community. At the heart of this transformation is DT975, the corridor connecting Phu Quoc International Airport with the APEC Convention Centre. With a 62-metre cross-section featuring 10 motor vehicle lanes and an integrated light rail transit (LRT) line, the route is being developed as a key component of the island’s future transport network. Representatives of leading Polish agricultural and forestry machinery manufacturers, including Pronar and Uni, have expressed their appreciation of Vietnam's potential in furniture manufacturing and mechanical engineering. The new agreement between Vietnamese and Indian airlines, which takes immediate effect, doubles the weekly passenger capacity limit to 16,800 seats from the current 8,000. The expansion comes as airlines from both countries have used or are nearing full use of their existing traffic rights amid growing travel demand. Welcoming US businesses to invest and operate in Vietnam, Deputy Prime Minister Nguyen Van Thang said the Southeast Asian country seeks not merely to attract more investment capital but to establish partnerships based on co-creation. This marks SPA’s debut in the Skytrax international airline awards and rankings. In the World’s Top 100 Airlines ranking, the carrier climbed 57 places from 156th in 2025 to enter the top 100 for the first time. With joint funding mechanisms, clear coordination channels and market-driven projects, technology cooperation between Vietnam and Canada could move beyond the exchange of ideas, turning the two countries' complementary strengths into a shared innovation ecosystem and creating fresh momentum for bilateral economic ties. With growth approaching 30% year on year, Vietnam’s trade flows remain robust, driven by strong demand for consumer goods and production materials. Processing and manufacturing, particularly electronics, machinery and equipment, continued to drive export growth. In addition to coffee, he said Vietnamese packaged food, beverages and fruit are competitive, with reasonable prices providing an advantage. Building sufficiently large-scale import chains between businesses of the two countries could help expand sales and lay the foundation for long-term commercial cooperation, he added. Forbes Vietnam has officially honoured Vietjet in its Top 50 Listed Companies in Vietnam for 2026, recognising enterprises that excel in business performance, capital efficiency, management capabilities, and long-term growth prospects. For the first commercial flight, core facilities, including the terminal, runway, apron, connecting transport, power and water systems, information technology, baggage handling and safety systems, must be completed and thoroughly tested. Mega-city cannot be created simply by combining three localities but must connect their resources into an integrated whole that generates value greater than the sum of its parts, said Prof. Dr. Nguyen Duc Thuan, Chairman of the Vietnam Association of Corporate Directors. Held for the first time in Tuyen Quang, the festival runs from September 18 to 24 along Chien Thang Song Lo street in Minh Xuan ward, featuring 120 booths operated by businesses and cooperatives from 17 provinces and cities nationwide. It also includes six shared booths showcasing Tuyen Quang’s traditional crafts and 30 food stalls linked with the beer festival. In the seventh year of implementing the EVFTA, the EU has completed its tariff liberalisation schedule, bringing import duties on approximately 99% of tariff lines for Vietnamese goods to zero. The development is expected to strengthen the competitiveness of Vietnamese businesses in the European market, but also requires them to improve their ability to meet increasingly strict market standards. Copyright, VietnamPlus, Vietnam News Agency (VNA) Editor-in-chief, Mr. Tran Tien Duan.