US giant backs Vietnam’s bid to lead ASEAN gas trade
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
The HCM City People’s Committee has notified the Ministry of Construction that it agrees with the ministry’s master plan to boost capacity by up to 40 per cent at Tân Sơn Nhất Airport.
According to the master plan, Tan Son Nhat Airport would add a runway, a terminal (T4) with a capacity of 15 million passengers and an air plane parking and technical maintenance area to welcome 43-45 million passengers each year. About 32.5 million passengers passed through the airport in 2016.
The city requested information from the ministry about managing the impact the expansion will have on urban traffic after the airport successfully expanded by 2024.
In addition, because the current urban infrastructure won’t be able to serve 43-45 million passengers a year coming through Tan Son Nhat Airport, the city has required the Ministry of Transport to ask the Prime Minister to give permission to the city to adjust urban traffic around the airport.
This move is expected to ensure traffic flow around the airport,while best using the airport and minimising the impacts to current residential areas.
The city also suggested the Ministry of Transport consider the Hy Vọng canal as the main water drainage for Tan Son Nhat Airport because the A41 canal that was built is able to handle a limited amount of water.
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.
Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.
Amid global economic volatility, WHA Group has rapidly rolled out multiple expansion projects in Vietnam, signaling its strategic focus on the country.
Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.
Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.