Phu Bai airport in central Vietnam launches new terminal
Phu Bai International Airport in the central province of Thua Thien-Hue inaugurated its second terminal on Friday, welcoming travelers in a flight operated by national flag carrier Vietnam Airlines.
The flight departed from Ho Chi Minh City and arrived at the new terminal, T2, in the morning with 168 passengers. T2 serves 46 flights in all on Friday, according to data from the Phu Bai airport.

A Vietnam Airlines flight at T2, the new terminal, at Phu Bai Airport on April 28, 2023. Photo courtesy of Vietnam's government portal.
The inauguration of T2 can help elevate aviation quality in Thua Thien-Hue and nearby provinces, especially overseas trips, said Phu Bai International Airport director Nguyen Duc Tien.
The construction of T2 started in December 2019 with an investment of VND2.25 trillion ($95.89 million). The 2.24-hectare facility is designed to serve five million passengers a year in the first phase and then nine million in the second phase.
Hue, capital of Thua-Thien Hue in central Vietnam, is home to the Imperial Citadel, a UNESCO heritage site, and close to the tourism city of Danang and the ancient town of Hoi An, another UNESCO heritage site in Quang Nam province.
This year, Thua Thien-Hue targets to welcome 3.5 million tourists, with domestic ones accounting for 70-80% of the total, earning revenue of VND7 trillion ($298.3 million), according to provincial authorities.
In the first quarter of this year, the province attracted 633,261 visitors, posting revenue of VND1.41 trillion ($60.3 million), up 113.46% and 194.92% year-on-year, respectively.
- Read More
AI to reshape Malaysia’s economic landscape: expert
Artificial intelligence (AI) is set to significantly reshape Malaysia’s economic landscape, presenting not only challenges but also groundbreaking opportunities for growth, job creation, and innovation, according to an expert.
Southeast Asia - Sun, April 27, 2025 | 5:35 pm GMT+7
Vietnam's retail giant Mobile World to keep growing even if market stagnates: chairman
Mobile World Investment Corporation (MWG), a leading retailer in Vietnam, will continue to grow even if the market stagnates or retreats, said chairman Nguyen Duc Tai.
Companies - Sun, April 27, 2025 | 5:24 pm GMT+7
Thailand plans to inject $15 bln into economy
Thailand's Ministry of Finance aims to inject over THB500 billion ($15 billion) into the economy to boost the country's GDP growth by over 1.8%, focusing on stimulating consumption, investment, and providing soft loans.
Southeast Asia - Sun, April 27, 2025 | 1:54 pm GMT+7
New southern Vietnam plant to bring 'sustainable, long-term benefits' to Nam Kim Steel: chairman
Vietnamese steel major Nam Kim's 1 million-ton Phu My plant in the southern province of Ba Ria-Vung Tau is expected to create sustainable and long-term benefits for the company, said CEO Vo Hoang Vu.
Companies - Sun, April 27, 2025 | 1:42 pm GMT+7
Techcombank eyes market cap of $20 bln by end-2025: chairman
Techcombank, one of Vietnam’s major private lenders, aims to expand its market capitalization to $20 billion by the end of 2025, said chairman Ho Hung Anh.
Banking - Sun, April 27, 2025 | 10:40 am GMT+7
Vietnam’s private lender Sacombank to trim payroll, acquire securities broker
Sacombank, a mid-sized private lender in Vietnam, plans to downsize its headcount in 2025-2026 as part of its push toward digital transactions.
Banking - Sun, April 27, 2025 | 10:18 am GMT+7
Vietnam property giant Nam Long eyes 35% profit hike for 2025 on strong housing demand
Nam Long Investment Corporation, a major real estate developer in southern Vietnam, aims to achieve a net profit of VND701 billion ($27 million) in 2025, up 35% year-on-year, driven by strong local housing demand.
Companies - Sun, April 27, 2025 | 8:17 am GMT+7
SK may adjust ownership at Vietnam-based pharmacy major Imexpharm
South Korean chaebol SK Group may adjust its stake at Vietnam-based pharmaceutical company Imexpharm as part of a comprehensive portfolio review across the group, including all of SK’s global assets.
Companies - Sat, April 26, 2025 | 7:00 pm GMT+7
Vietnam's PVOIL owns 423 petrol stations with EV chargers following partnership with VinFast
PVOIL, a subsidiary of state-owned giant Petrovietnam, had 423 petrol stations with electric vehicle (EV) chargers nationwide as of March 2025, through its partnership with EV maker VinFast.
Companies - Sat, April 26, 2025 | 2:53 pm GMT+7
Indonesia expects 5% economic growth despite IMF forecast revision
Indonesian Finance Minister Sri Mulyani Indrawati has expressed confidence that the country’s economy will grow by up to 5% in 2025, despite the International Monetary Fund (IMF) having revised down the national growth forecast to 4.7%.
Southeast Asia - Sat, April 26, 2025 | 10:58 am GMT+7
Vietnam's dairy giant Vinamilk to be safe and sound amid US tariff storm: CEO
Vietnam’s largest dairy maker Vinamilk will not be significantly affected by U.S. reciprocal tariffs and global trade competition as its largest share lies in the domestic market, said CEO Mai Kieu Lien.
Companies - Sat, April 26, 2025 | 10:51 am GMT+7
Vietnam's EV startup VinFast posts 192% surge in 2024 deliveries, eyes double figure in 2025
Vietnamese electric vehicle (EV) manufacturer VinFast recorded robust revenue growth in its unaudited Q4 and 2024 financial statements, driven by strong vehicle deliveries despite global market uncertainties.
Companies - Sat, April 26, 2025 | 8:28 am GMT+7
Vietnam’s first rice husk-fueled biomass power plant inaugurated
A biomass power plant using rice husk and woodchips as fuel was inaugurated on Friday in Vietnam's Mekong Delta province of Hau Giang.
Southeast Asia - Fri, April 25, 2025 | 11:13 pm GMT+7
Bestway International launches $300 mln plant in southern Vietnam
Chinese group Bestway International has launched a $300 million investment project in Vietnam's southern city of Can Tho, signaling a significant boost in large-scale foreign investment for the Mekong Delta region.
Southeast Asia - Fri, April 25, 2025 | 11:10 pm GMT+7
Indonesia accelerates tariff talks with US
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto has met with U.S. Secretary of the Treasury Scott Bessent to promote tariff talks with the U.S.
Southeast Asia - Fri, April 25, 2025 | 11:06 pm GMT+7
Swedish giant Syre strikes deal for $1 bln circular textile project in central Vietnam
Binh Dinh province and Sweden’s leading textile manufacturer Syre on Friday signed an MoU for a $1 billion polyester fabric recycling complex which aims to position Vietnam as the world’s first high-tech, circular textile hub.
Industries - Fri, April 25, 2025 | 10:53 pm GMT+7