North-South Expressway must extend to Ca Mau Cape: PM
The North-South Expressway should run all the way to Ca Mau Cape instead of Ca Mau town as currently planned, said Prime Minister Pham Minh Chinh.
He said this Saturday during a visit to the construction site of the Can Tho-Ca Mau Expressway project, which is part of the eastern section of the North-South Expressway.
The shortest, straightest extension proposed by the PM would be 70 km long.
The four-lane, 110 km long Can Tho-Ca Mau Expressway is being built at a cost of more than VND27,200 billion ($1.12 billion). Work on what is considered the most important route in the Mekong Delta region, which connects many provinces and cities with 128 bridges, began early this year.

Prime Minister Pham Minh Chinh at the Ca Mau airport, December 9, 2023. Photo courtesy of the goverment's news portal.
Site clearance work is basically complete, except for land related to 80 households in five provinces. The source of foundation materials is also basically guaranteed, the PM learnt. He was also told that the project was 15% complete.
The Ministry of Transport said it would collect comments on the draft adjustments to the road network plan for the 2021-2030 period (with vision to 2050). In particular, the North-South Expressway eastern section will be extended 90 km for a lotal length of 2,153 km and it will be expanded from four to 10 lanes.
The North-South Expressway starts from Huu Nghi border gate in Lang Son province to Dat Mui in Ngoc Hien district, Ca Mau province.
The four-lane 90-kilometer Ca Mau-Dat Mui extension section will be invested in before 2030. It is estimated that this section will be used by 18,300-20,100 cars per day.
Upgrade Ca Mau airport
In addition to the expressway construction site, the PM also visited the Ca Mau airport, which dates back to the French colonial times. Its 1,500m long, 30m wide runway can only accommodate small aircraft. For many years, it was used for just one route Ca Mau-Ho Chi Minh City, which operates five flights a week.
Since April 29 this year, the airport has hosted another route, Ca Mau-Hanoi, with three flights a week. The flights are always crowded, but their frequency has to be limited because of the airport’s limited capacity.
Prime Minister Chinh asked the province to upgrade the airport so that it can receive larger aircraft.
The Mekong Delta province of Ca Mau is the nation’s southernmost locality. It forms a peninsula with a 254 km coastline and has large fishing grounds of about 80,000 km2, and rich aquatic resources. Its aquaculture area covers more than 300,000 hectares. The province is the country’s biggest shrimp producer. Its annual export turnover of over $1 billion comes mainly from seafood.
Currently, Ca Mau has nearly 5,000 businesses with a total registered capital of about VND62,000 billion ($2.55 billion), and 446 active investment projects, with a total registered capital of over VND144,612 billion ($5.96 billion), including nine FDI projects with a total registered capital of $153.4 million.
- Read More
Amkor views Vietnam 'strong market' despite US tariff uncertainties
Amkor Technology, a U.S.-headquartered semiconductor firm, sees Vietnam a strong market in the mid and long term despite tariff uncertainties under the Trump administration, said an executive.
Investing - Tue, May 6, 2025 | 4:40 pm GMT+7
Over $7.7 bln in Vietnam's private placement corporate bonds to mature in last 3 quarters
More than VND200 trillion ($7.7 billion) in privately-placed corporate bonds will mature in the final three quarters of this year, with the real estate sector accounting for half, according to independent credit rating provider S&I Ratings.
Finance - Tue, May 6, 2025 | 4:16 pm GMT+7
Sumitomo to halve equity interest in $2.58 bln thermal power plant in central Vietnam
Sumitomo has decided to transfer 50% of the Japanese giant's equity interest in its wholly-owned operator of the $2.58 billion Van Phong 1 coal-fired power plant in Vietnam’s central province of Khanh Hoa.
Energy - Tue, May 6, 2025 | 3:54 pm GMT+7
Singapore's CapitaLand Development forms strategic partnership with Vietnam's Vinhomes
CapitaLand Development has expanded in Vietnam with two major moves - a strategic collaboration agreement with leading local developer Vinhomes and the unveiling of The Fullton, a $800 million low-rise residential project in Hung Yen province.
Real Estate - Tue, May 6, 2025 | 2:56 pm GMT+7
Vietnam's disbursed FDI in 4 months posts five-year record high
Registered foreign direct investment (FDI) in Vietnam hit $13.82 billion in the first four months of the year, up 39.9%, while disbursed capital reached $6.74 billion, up 7.3% and marking a record high in five years.
Economy - Tue, May 6, 2025 | 2:12 pm GMT+7
Vietnam's Politburo requests prioritizing administrative measures to handle economic violations, instead of criminal prosecution
The Politburo, Vietnam's highest decision-making body, has ordered amendments to legal regulations to ensure that administrative measures are prioritized in handling civil and economic cases.
Economy - Tue, May 6, 2025 | 12:30 pm GMT+7
EC postpones Vietnam’s seafood inspection until year end
The European Commission (EC) has delayed its fifth inspection of Vietnam's efforts to combat illegal, unreported and unregulated (IUU) fishing to the end of 2025, according to the Ministry of Agriculture and Environment (MAE).
Southeast Asia - Tue, May 6, 2025 | 8:53 am GMT+7
Thailand lowers growth forecast for 2025
The Thai Ministry of Finance has cut its forecast for the country’s economic growth this year to 2.1% from 3%, saying that the impact of U.S. tariffs and a global slowdown would weigh on Southeast Asia's second-largest economy.
Southeast Asia - Tue, May 6, 2025 | 8:49 am GMT+7
Vietnam’s top lighting manufacturer Rang Dong posts 48% drop in Q1 profit
Hanoi-based Rang Dong Light Source & Vacuum Flask JSC, a veteran in Vietnam’s consumer goods sector, reported a 48% decline in Q1 post-tax profit to nearly VND101 billion ($3.9 million), blaming intensifying competition from Chinese imports and foreign-invested enterprises.
Companies - Tue, May 6, 2025 | 8:17 am GMT+7
Vietnam spends $1.8 bln on coal imports in Q1, mainly for power plants
Vietnam spent more than $1.8 billion importing 17.27 million tons of coal in Q1, primarily to fuel thermal power plants, according to the General Department of Customs.
Economy - Mon, May 5, 2025 | 10:24 pm GMT+7
Vietnam’s utility major REE records 27% net profit growth in Q1 on power segment surge
Private utility firm REE Corporation posted strong profit growth in Q1, primarily driven by a significant improvement in its power segment compared to the same period last year.
Companies - Mon, May 5, 2025 | 10:00 pm GMT+7
Vietnam to hold first round of trade talks with US on Wednesday
Vietnam will hold its first round of negotiations with the U.S. on bilateral trade Wednesday, Prime Minister Pham Minh Chinh said at the ongoing session of the country's parliament.
Economy - Mon, May 5, 2025 | 4:40 pm GMT+7
Nestlé Vietnam announces new investment in flagship coffee plant
Nestlé will make an additional investment of $75 million to expand its Nestlé Tri An plant in the southern Vietnam province of Dong Nai, bringing its total investment in the facility over 2024-2025 to $175 million.
Companies - Mon, May 5, 2025 | 4:35 pm GMT+7
Vietnam legislature’s ongoing session to mark 'historic breakthrough in institutional reform'
The National Assembly's session which opened on Monday morning will make a critical step forward in institutional reform, paving the way for a new era of modernization, digital transformation, green growth, and sustainable development, said the parliament's Chairman Tran Thanh Man.
Politics - Mon, May 5, 2025 | 3:53 pm GMT+7
Business confidence in Vietnam drops to 44-month low over US tariff concerns: S&P Global
Business confidence in Vietnam dropped sharply in April to the lowest since August 2021, as manufacturers were concerned about the impact of U.S. tariffs on production in the months ahead, according to S&P Global.
Economy - Mon, May 5, 2025 | 3:24 pm GMT+7
Ford distributor City Auto chairman’s wife plans $5 mln buy to become major shareholder
Ngo Thi Hanh, wife of Ford distributor City Auto (HoSE: CTF) chairman Tran Ngoc Dan, has registered to buy 6 million CTF shares to increase her ownership to 6.4%, according to the Ho Chi Minh Stock Exchange (HoSE).
Companies - Mon, May 5, 2025 | 11:41 am GMT+7