Switzerland adds 50 million USD to support Vietnam; Invites investment in 5,400 billion VND liquid and gas port project

Those were two of the notable investment news stories of the past week.

Investing nearly 540 billion VND to build the intersection of National Highway 14B with Da Nang - Quang Ngai Expressway
The People's Committee of Da Nang City has just approved an investment policy of nearly VND540 billion to build an intersection between National Highway 14B and the Da Nang - Quang Ngai Expressway, aiming to solve traffic congestion, enhance traffic safety and promote development in the western area of the city. The project will utilize the invested route to complete a grade-separated intersection in Hoa Vang district, to be implemented from 2025-2028.

Investing in the National Highway 14B intersection project with the Da Nang - Quang Ngai Expressway to solve traffic congestion and create development momentum.

The items include building an overpass on National Highway 14B, expanding the existing bridge on the Hoa Lien - Tuy Loan expressway, completing 4 right turns and adding 4 indirect left turns along with a system of residential roads, lighting, drainage and landscaping.

The project is expected to create a seamless connection between two important traffic axes in the Central region. Previously, Deputy Prime Minister Tran Hong Ha assigned Da Nang to receive and organize the investment and operation of Tuy Loan intersection according to the planning, ensuring synchronization with the inter-regional expressway network.
Hoa Phat Group invests nearly 4,200 billion VND in industrial park in Phu Yen
The People's Committee of Phu Yen province has just approved the investment policy of Hoa Tam Industrial Park - Phase 1, with Hoa Tam Industrial Park Infrastructure Development Joint Stock Company, a member unit of Hoa Phat Group, as the investor. The project has a total investment capital of about 4,188 billion VND, of which 628 billion VND is contributed capital, the rest is mobilized capital.

Hoa Tam Industrial Park in Phu Yen province. Photo: Phu Yen Economic Zone Management Board.

The industrial park is located in Hoa Tam commune, Dong Hoa town, with a scale of nearly 492 hectares, within the overall planning of 1,080 hectares divided into 3 areas A, B, C. The project has a 70-year operating period, will be built and put into operation within 48 months from the date of land allocation.

The project's objective is to invest in construction and business of industrial park infrastructure, land, factory and office leasing. This is a strategic step of Hoa Phat to expand the industrial ecosystem and exploit the potential of the South Central Coast region.
Vingroup proposes to invest in a 4.5 billion USD wind power plant project in Can Gio
Vingroup Corporation has just proposed to the Ho Chi Minh City People's Committee to allow investment in a nearshore wind power plant in Can Gio district with a scale of about 3,000 MW, expected electricity output of 9 billion kWh/year, total investment capital of about 4.5 billion USD. The project aims to serve the electricity demand for Can Gio coastal urban area (Vinhomes Green Paradise) and the internal activities of the Group.

Can Gio beach area.

Vingroup proposed to survey the Can Gio sea area with an area of 1,163 hectares to implement the project. The Ho Chi Minh City People's Committee assigned the Department of Finance to preside over and coordinate with departments and branches to guide procedures and request Vingroup to provide legal documents, progress reports, current land use status and related difficulties.

Previously, in April 2025, Vingroup started construction of the Can Gio coastal tourism urban area with an area of 2,870 hectares. The development of the wind power plant is a strategic step to ensure a clean and stable energy source for this super project.
Investing 9,938 billion VND to build 32.3 km of 4-lane Hoa Binh - Moc Chau expressway

The People's Committee of Son La province has just proposed to the Prime Minister and relevant ministries and branches to add 5,000 billion VND from the central budget to increase the scale of the Hoa Binh - Moc Chau expressway section through the province from 2 lanes to 4 lanes.

Illustration photo.

The 32.3 km long expressway has been approved for planning with a scale of 4 lanes, but the phased implementation with 2 lanes is currently underway, with a total investment of 4,938 billion VND. If additional capital is provided, the total investment will increase to 9,938 billion VND.

The project, with the People's Committee of Son La province as the managing agency, started construction on May 18, 2025 and is expected to be completed in 2028. The expansion to 4 lanes is expected to create momentum for socio-economic development in the area, while ensuring complete traffic connectivity according to the plan.
Hai Duong - Netherlands cooperate to build 1,498 billion VND wastewater treatment system
Hai Duong Province and the Embassy of the Kingdom of the Netherlands in Vietnam are promoting the implementation of a project to build a wastewater collection and treatment system in 5 urban areas, with a total investment of 1,498 billion VND. Of which, the provincial budget's counterpart capital is 959.6 billion VND and non-refundable aid from the Netherlands is 538.6 billion VND.

Overview of the working session. Photo: Ngan Hanh

The project includes 166 km of sewers, nearly 9 km of pressure pipes, 9 pumping stations and 5 wastewater treatment plants with a capacity of 21,000 m³/day and night, applying modern AGS aerobic granular sludge tank technology. The goal is to collect 75% of domestic wastewater and all wastewater from small-scale industrial establishments, ensuring discharge standards and equitable access for all population groups.

Expected to be completed in June 2028, the project will contribute to improving the urban environment, promoting sustainable development and urban upgrading in Hai Duong. The local government is committed to speeding up legal procedures and closely coordinating with the Netherlands so that the project can be implemented on schedule. This is also a testament to the sustainable cooperation between the two sides in the field of environment and green transformation.
Lao Cai - Hanoi - Hai Phong railway project through Hai Duong: Estimated need 3,893 billion VND for site clearance
The Lao Cai - Hanoi - Hai Phong railway project, the section through Hai Duong province, is nearly 41 km long, passing through 5 districts, and is expected to require the acquisition of 188 hectares of land with 3,296 households affected, of which 407 households must be resettled. The total cost of site clearance is about 3,893 billion VND.

General map of Lao Cai - Hanoi - Hai Phong railway route.

Hai Duong Province has established a Steering Committee headed by the Provincial Party Secretary to speed up progress. Eight resettlement projects have also been implemented, expected to start in September 2025 and be completed in November 2025.

The project will build 3 stations: Binh Giang Station (10.5 hectares), Hai Duong Nam Station (11.5 hectares) and Tu Ky Station (5.3 hectares), connecting key industrial parks and residential areas.

The railway line has a total length of more than 390 km, connecting the Vietnam - China border with Lach Huyen port (Hai Phong), operating trains at a maximum speed of 160 km/h, transporting both goods and passengers. The project has strategic significance, promoting regional connectivity, developing logistics and improving transport capacity in the North.
Lam Dong completes phase 1 of inspection and review of 203 behind-schedule projects
Lam Dong Provincial People's Committee has just completed phase 1 of inspection and review of 203 slow-progressing non-budgetary investment projects in the area. Of these, 60 projects have been handled in forms such as termination of operations, adjustment of progress or assignment of departments and branches to continue reviewing. 108 projects are being considered for resolution, the remaining are handled by the Industrial Park Management Board or the Provincial Inspectorate according to their authority.

Despite initial results, Chairman of the Provincial People's Committee Tran Hong Thai said that the inspection still has many limitations: many delegations do not conduct actual inspections, the quality of reports is low, objective and subjective causes have not been clearly assessed, the role and responsibility of investors and the situation of shirking responsibility still exists.

The province emphasized the need to tighten discipline in handling slow-progressing projects, not allowing the situation of citing the epidemic as a formal reason, ensuring transparency in investment management and effective use of land and development resources.
Proposal to carry out procedures in parallel to speed up the progress of Ho Chi Minh City - Moc Bai expressway
The Ho Chi Minh City Transport Department proposed that the City People's Committee allow parallel implementation of compensation, support, and resettlement procedures to shorten the time and ensure the progress of the Ho Chi Minh City - Moc Bai expressway.

Perspective of Ho Chi Minh City - Moc Bai highway.

Currently, the project is stuck in the lack of agreement on the design plan for the intersection with the N31A canal and legal regulations, causing the compensation processing time to last more than 90 days. The Traffic Department proposed to post the compensation plan and collect public opinions at the same time, and requested Cu Chi district to complete the approval of the overall plan before June 20.

The project is 51 km long, connecting from Ho Chi Minh City Ring Road 3 (Cu Chi district) to National Highway 22 (Ben Cau district, Tay Ninh), with a total preliminary investment capital of VND 19,617 billion in the form of PPP, of which BOT capital is VND 9,943 billion. Phase 1 will invest in 4 lanes, with a design speed of 120 km/h.

The Transport Department emphasized that site clearance is a prerequisite for the project to start construction on schedule and be completed and put into operation by the end of 2027.
Research on investment in expanding the eastern sections of the North-South Expressway under the public-private partnership model
Deputy Prime Minister Tran Hong Ha requested the Ministry of Construction and relevant agencies to urgently complete the investment plan to expand 15 sections of the North-South Expressway in the East under the PPP or concession method combined with upgrading, without using public investment capital.

Supplement and complete the investment plan to expand the Eastern North-South expressway sections under the PPP method.

The development of investment scenarios should be based on the National Assembly's resolution on the toll collection mechanism for capital recovery, with specific economic analysis and a survey of investor interest. Sections under construction should be prioritized for immediate expansion to avoid waste. At the same time, consider continuing to use capable contractors who have effectively implemented previous packages.

VEC is assigned to proactively propose investment plans (full authority or cooperation with state-owned and private enterprises) and send them to the Ministry of Construction before June 2, 2025. The Ministry of Construction will evaluate and compare the plans to submit to the Prime Minister before June 5, 2025. The Ministry of Finance directs VEC to coordinate with specialized agencies to ensure progress.
Lam Dong terminates project nearly 6 years behind schedule at Tuyen Lam Lake
Lam Dong Provincial People's Committee has just decided to terminate the project of the Vuon Thuong Tea Product Exhibition Area of Vuon Thuong Tea Company Limited at Tuyen Lam Lake National Tourist Area due to nearly 6 years of delay, no items according to the Investment Certificate have been implemented, and are not eligible for progress adjustment according to legal regulations.

Tuyen Lam Lake National Tourist Area has many projects behind schedule, violating investment laws. Photo: PT

The province assigned the Department of Finance to carry out procedures to terminate the project and handle the deposit (if any); the Department of Agriculture and Environment to review land use; the Tax Department of Region XIII to determine outstanding financial obligations. The People's Committee of Da Lat City and the Management Board of Tuyen Lam Tourist Area were required to tighten the management of construction order, land, business and thoroughly handle related violations.

Tra Vuon Thuong Company Limited is responsible for implementing the decision to terminate, self-liquidate the project and complete all related financial obligations. This decision is part of the roadmap to tighten investment management at Tuyen Lam Lake, where many projects are behind schedule and violate legal regulations.
Groundbreaking ceremony of 120 million USD project at Lien Ha Thai Industrial Park
On May 28, Yuan Long Vietnam Co., Ltd. held a groundbreaking ceremony for a ceiling fan factory in Lien Ha Thai Industrial Park (Green iP-1), Thai Binh, with a total investment of 120 million USD. This is the fifth project in this industrial park with a scale of over 100 million USD, demonstrating the attraction of high-tech FDI in the locality.

Delegates performed the groundbreaking ceremony for the Yuan Long Vietnam factory construction project at Green iP-1.

The project is deployed on an area of 15.6 hectares, divided into two phases, of which phase 1 is expected to be completed by the end of 2025. When put into operation, the factory will export to European and American markets, generating revenue of about 3,200 billion VND/year, contributing 269 billion VND to the budget, creating stable jobs for 4,500 workers.

Speaking at the ceremony, representatives of the investor and local authorities affirmed their commitment to long-term cooperation, focusing on developing smart manufacturing, protecting the environment and contributing to the industrialization and modernization process of Thai Binh. The project is expected to create new momentum in attracting investment, developing the socio-economy and raising the province's position on the northern industrial map.
Da Nang established Hoa Nhon Industrial Cluster, total investment capital of 285 billion VND
The People's Committee of Da Nang City has just decided to establish Hoa Nhon Industrial Cluster in Hoa Nhon Commune, Hoa Vang District, with a total investment capital of nearly VND285 billion. The industrial cluster has a scale of 24.75 hectares, will be built within 36 months and operate for 50 years from the date of land allocation.

Hoa Nhon cluster will focus on attracting industries such as mechanics, metals, electronics, machinery manufacturing, electrical equipment, textiles, footwear, plastic products, wood, printing and other supporting industries.

Previously, Da Nang City also established Hoa Lien Industrial Cluster in Hoa Lien Commune with a total capital of over VND235 billion and an area of over 58.5 hectares. This cluster was converted from the Auxiliary Zone serving Da Nang High-Tech Park, aiming to attract projects in automobile assembly, precision mechanics, logistics and clean industry.

The synchronous development of industrial clusters in Hoa Vang aims to expand industrial space, create jobs and promote the local economy in a modern and sustainable direction.
Switzerland allocates an additional 50 million USD to support Vietnam in the period 2025 - 2028
At the event marking the 35th anniversary of the Vietnam-Switzerland development cooperation, the Swiss Embassy announced a new cooperation program worth 50 million USD for the period 2025-2028. The support is funded by the Swiss State Secretariat for Economic Affairs (SECO), focusing on three areas: promoting sustainable trade and innovation; strengthening sustainable public and private finance; and developing climate-resilient industrial and urban development.

Event celebrating 35 years of Vietnam - Switzerland development cooperation.

To date, Switzerland has provided Vietnam with a total of approximately USD 800 million in support over the past 34 years. Cooperation projects have contributed to improving the legal framework, strengthening public financial management, supporting more than 10,000 innovative enterprises and helping nearly 500,000 enterprises access capital.

Deputy Minister of Finance Cao Anh Tuan highly appreciated the spirit of cooperation, proposed to strengthen the green finance sector, digital transformation, capital market development, and called for giving Vietnam more initiative in coordinating the program. The relationship between the two countries has now been upgraded to Comprehensive Partnership, which is a solid foundation for developing deeper and more effective cooperation in the future.
Ho Chi Minh City High-Tech Park still has 28 projects that have been allocated land but are not in use.
The Management Board of Ho Chi Minh City High-Tech Park (SHTP) has just reported that 28/37 projects have been allocated land but have not yet been put into use, showing signs of violating Clause 8, Article 81 of the 2024 Land Law. These projects have now been transferred to the Department of Agriculture and Environment for consideration and handling according to their authority.

A vacant lot for many years in the Ho Chi Minh City High-Tech Park. Photo: Le Quan

Among the projects named are large projects such as Fulbright University Vietnam (150,316 m²), Bivid pharmaceutical factory (over 80,000 m²), or Blue Ocean Park high-rise factory (nearly 49,000 m²). In addition, in the review of 26 other projects, there was 1 project that did not use land, 13 projects only used part of it.

Ho Chi Minh City is stepping up the review and handling of slow-moving projects in the High-Tech Park to clear land to attract large investors in high-tech fields such as microchips, electronics, and biotechnology. Land from projects that violate the law will be reclaimed and reallocated to investors with real capacity.
Da Nang calls for investment in the 5,400 billion VND liquid and gas port project at Lien Chieu wharf area
The People's Committee of Da Nang City has just added the Liquid/Gas Port project at Lien Chieu wharf area to the list of investment attraction projects for the period 2022-2026, with a vision to 2030. The project has a total investment capital of more than VND 5,400 billion, 100% capital from investors, with a scale of about 62.29 hectares.

Lien Chieu port project is being built by Da Nang city.

The project aims to build 6 specialized ports for liquid and gas cargo such as LNG and LPG. In the 2025-2030 period, 1 to 2 ports with a length of 250-750 m will be deployed, accommodating ships of up to 100,000 tons. Along with that are warehouses, factories and technical infrastructure for storage and exploitation.

This move is part of the strategy to develop Lien Chieu port cluster into an important logistics center in the Central region, while enhancing the capacity to receive and transit clean energy such as LNG, meeting future industrial and urban needs.
Phu Yen grants investment certificates to 2 industrial park infrastructure projects
Phu Yen Provincial People's Committee has just granted investment certificates to two important infrastructure projects in Nam Phu Yen Economic Zone, creating a foundation to attract large projects in the future.

Leaders of the Provincial People's Committee and Phu Yen Economic Zone Management Board presented decisions to two investors.

The first project is Hoa Tam Industrial Park - Phase 1, invested by Hoa Tam Industrial Park Infrastructure Development Joint Stock Company (under Hoa Phat Group) with a scale of nearly 492 hectares, total capital of 4,188 billion VND. The project aims to serve the Hoa Phat Iron and Steel Complex with a capacity of 6 million tons/year and an auxiliary industrial ecosystem, creating jobs for more than 24,000 workers.

The second project is Phu Yen High-Tech Industrial Park, invested by N&G Group, with a scale of 251.6 hectares and a total capital of VND2,369 billion. This industrial park will attract high-tech industries such as ICT, renewable energy, AI, electronics, biotechnology, etc., expected to create jobs for more than 20,000 workers.

Provincial leaders affirmed that these are driving projects, contributing to realizing the orientation of building Nam Phu Yen into an industrial center and major seaport of the South Central Coast and Central Highlands regions.
Nearly 4 billion USD of investment capital poured into Ba Ria - Vung Tau province in 5 months of 2025
In the first 5 months of 2025, Ba Ria - Vung Tau attracted nearly 4 billion USD in investment capital, equivalent to nearly 100,000 billion VND, through new and adjusted licenses for 73 projects, including 37 FDI projects (1.25 billion USD) and 36 domestic projects (2.75 billion USD).

The People's Committee of Ba Ria - Vung Tau province granted investment registration certificates and investment policy decisions to 53 projects, including 26 projects of foreign investors. Photo: Trong Tin.

At the investment conference on May 30, the province awarded decisions to 53 projects, including 26 foreign projects, notably the Southern Vietnam Petrochemical Complex with an increased capital of 400 million USD, and 27 domestic projects such as the 3/2 Street Urban Area of Sun Group with nearly 35,000 billion VND.

The province currently has more than 1,200 investment projects with a total capital of about 54 billion USD. Of these, 503 FDI projects come from 30 countries, with a total capital of 35 billion USD.

Ba Ria - Vung Tau is positioning itself as a national maritime economic center with four pillars of development: industry, seaports - logistics, tourism - urban areas and services. Key projects such as free trade zones and Cai Mep - Thi Vai international transit port continue to be implemented, promising to create momentum for sustainable growth, aiming for double-digit growth.
Binh Dinh: More than 1,600 billion VND to build a road connecting the highway to Hoai My Industrial Park
The People's Committee of Binh Dinh province has just approved the investment policy for the connecting road from the North-South Expressway to Hoai My Industrial Park, Hoai Nhon town, with a total investment of VND1,616 billion. The road is more than 9 km long, including 2 main and branch sections, and is expected to be completed in 2029.

At the end of August 2024, Binh Dinh province inaugurated the Coastal Road Connection Project (DT.639), in Hoai Nhon town. In the photo: the starting point of the project connecting to the North-South Expressway Project. Photo: Thuy Trang.

The project's funding includes the provincial budget and other legal sources, of which compensation and resettlement costs alone are VND486 billion. The newly built road has a design speed of 80 km/h and a road surface width of 20.5 m.

This connecting route is expected to create a driving force to attract investment into Hoai My Industrial Park - an industrial park that is completing its planning with a scale of about 600 hectares. This is one of the strategic infrastructure projects, together with Phu My Industrial Park, which will form large industrial growth poles, expanding the economic development space of Binh Dinh province in the coming period.

Source: https://baodautu.vn/thuy-sy-them-50-trieu-usd-ho-tro-viet-nam-moi-dau-tu-du-an-ben-cang-long-khi-5400-ty-dong-d293434.html