Investment

A Joint Statement on upgrading bilateral ties to Comprehensive Partnership was issued on August 5 as an outcome of Vietnamese President Luong Cuong’s State visit to Egypt between August 3-6.

The airport is expected to be upgraded to handle 10 million passengers and 50,000 tons of cargo annually.

The evaluations mark a key milestone in preparations for the operational launch of Long Thanh International Airport, scheduled in 2026.

Relevant ministries and the Khanh Hoa provincial authorities asked to focus on removing bottlenecks and accelerating the progress of relocation, resettlement, and site clearance, with the goal of finishing all related tasks within 2025.

Spanning nearly 3,900 km, the Vietnam–Singapore Terrestrial Network establishes a high-capacity data route that reduces reliance on undersea cable systems.

Vietnam is looking to accelerate its sustainable growth by advancing institutional reform and enhancing the State’s enabling capacity amid a shifting landscape.