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
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS shares rise 1.9% to hit all-time intraday high as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
