New airports, high-speed rails, Olympic complex: Vietnam shifts into top gear
The once-in-a-decade fiscal splurge for infrastructure build-out is a key driver for the country’s 10% growth goal
[HO CHI MINH CITY] On the morning of Dec 19, Vietnam welcomed its first arriving passenger flights at Long Thanh International Airport – a flagship infrastructure project located 40 km east of Ho Chi Minh City and designed to eclipse Tan Son Nhat as the country’s largest aviation gateway.
This milestone is just one piece of a much bigger effort, underpinned by the government’s push for development at “breakneck pace” and with “audacious execution”.
Vietnam is spending more on infrastructure than any other Asean country, with a wave of projects coming on stream as the country tries to lay the groundwork for faster growth from 2026.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI
