#development space

The Cai Mep-Thi Vai port complex. (Photo: NGUYEN VIET HONG)
Market

Enhancing competitiveness to reach global markets

With its expanded development space, large-scale seaport system, considerable production capacity and vibrant import-export activities, Ho Chi Minh City has favourable conditions to become an international logistics hub. However, high transport costs, poorly integrated transport infrastructure, technological limitations and businesses’ limited capacity to participate in supply chains remain major bottlenecks that need to be addressed.

Tay Ninh has announced adjustments to its Provincial Plan for the 2021-2030 period, with a vision to 2050, aimed at expanding development space, strengthening regional connectivity, and capitalising on local potential and advantages. (Photo: THANH PHONG)
Business

Expanding development space and creating new growth drivers for Tay Ninh

The Tay Ninh Provincial Plan for the 2021-2030 period, with a vision to 2050, aims to expand development space, strengthen regional connectivity, and capitalise on the province’s potential and advantages. It provides a foundation for Tay Ninh to step up investment attraction, improve infrastructure, enhance competitiveness, and generate momentum for double-digit growth, thereby paving the way for sustainable development.

Van Phong Economic Zone is planned as the core of Khanh Hoa’s industrial and marine logistics development. (Photo: NGUYEN TRUNG)
Business

Khanh Hoa restructures development space, unlocking new room for growth

Following the administrative unit reorganisation, Khanh Hoa has gained a broader development space stretching from the mainland to its islands and sea. The provincial plan for the 2021-2030 period, with a vision to 2050, not only reshapes its growth poles but also lays the foundations for rapid and sustainable development as well as the sustained achievement of double-digit economic growth.

Ho Chi Minh City’s tidal control project is nearing completion and is expected to become operational in November 2026.
Business

A long-term vision for new development space

Ho Chi Minh City faces an urgent need to make a strong change its governance approach, not only to resolve bottlenecks that have persisted for years but also to lay the foundations for a new development cycle in an expanded development space. Through practical implementation and a strong commitment to action, the city is demonstrating a new mindset: putting people at the centre, measuring success by tangible results, and making a decisive shift from “management” to “development facilitation.”

The high-tech barramundi farming area in deep waters operated by Australis Viet Nam Seafood Co., Ltd. in Van Phong Bay, Khanh Hoa Province. (Photo: QUOC VIET-LE QUAN)
Policy

High-tech marine aquaculture opens new development space

Implementing Resolution No. 20-NQ/TW dated July 28, 2026, of the Party Central Committee on building and developing Viet Nam into a strong maritime nation with high-tech marine aquaculture, the country is facing a major opportunity to make a breakthrough from the ocean, prosper from the sea and enhance its competitiveness in the region and the world.

Vinh Tuy Bridge in Ha Noi. (Photo: Thanh Dat)
Domestic

New growth drivers from the national development space

Politburo Resolution 27, dated August 28, 2026, on regional development and the organisation of national development space in the new period, sets out the requirement to restructure, manage, and effectively utilise regional development space in tandem with the broader national framework.

The Thuan An estuary overpass in Hue is expected to be put into use in the second quarter of this year.
Policy

Hue expands development space towards sea

Under its new-phase urban development strategy, Hue City is steadily realising its orientation of expanding development space towards the sea. This is not merely a geographical expansion, but a strategic choice aimed at restructuring growth drivers, easing pressure on the central urban area and strengthening regional linkages.

Minister of Foreign Affairs Le Hoai Trung (Photo: VGP)
Domestic

PM's trip lays strategic foundations for Middle East–Africa market expansion: FM

Fresh off their trip to Africa and the Middle East, Prime Minister Pham Minh Chinh and his spouse, together with a high-level Vietnamese delegation, laid new strategic ground for diversifying partnerships and expanding development space for Vietnamese businesses and localities. The trip included official visits to Kuwait and Algeria, and engagement in the G20 Summit and bilateral activities in South Africa, according to Minister of Foreign Affairs Le Hoai Trung.

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