Transport infrastructure builder Deo Ca eyes metro line in Vietnam’s central tourism hub
Deo Ca Group, one of Vietnam’s leading transport infrastructure developers, is keen to invest in a metro line linking two major tourism hubs in the central region.
According to its proposal sent to local authorities on Wednesday, Deo Ca said that the metro line connecting the beach city of Danang to the UNESCO-listed ancient town of Hoi An will be developed under the public-private partnership (PPP) model combined with transit-oriented development (TOD).
Hoi An was in the former Quang Nam province, which is now part of Danang following a recent administrative merger.
The firm said it had evaluated several options and found MRT (mass rapid transit) and monorail systems most suitable for the area’s terrain, infrastructure and funding capacity.
The coastal road connecting Danang to Hoi An. Photo courtesy of Phap luat TP. HCM (Law HCMC) newspaper.
The project could be completed by 2030, with possible extensions to Tam Ky and Chu Lai in later phases, it noted. Land development along the route would be leveraged to support financial sustainability, the company added.
Based on its evaluation, Deo Ca has asked for permission to prepare a project dossier in September, in line with Vietnam’s PPP and railway laws.
Le Quang Nam, Vice Chairman of the municipal People’s Committee, welcomed the firm’s proposal, saying that the city would assess investor suitability and ensure a transparent bidding process.
Under Danang’s transport master plan, the city targets two metro lines totaling 24 km by 2030, expanding to three lines spanning 49 km by 2040, and eventually 11 lines with 131 km by 2045.
In the first eight months of this year, Danang welcomed 12.8 million overnight visitors, up 20.8% year-on-year, including five million foreign travellers, up 23.4%, according to the local statistics office.
- Read More
Vietnam blockchain firm Hyra partners with AHT Tech to expand AI capabilities
Hyra Holdings, a Vietnam-based blockchain and artificial intelligence company, has entered a strategic partnership with technology services provider AHT Tech, aiming to scale its AI ecosystem while aligning operations with international security and compliance standards.
Companies - Tue, December 16, 2025 | 3:14 pm GMT+7
Vietnam’s first LNG power plants may incur $38 mln loss in 2026: broker
Vietnam’s first LNG-to-power plants, Nhon Trach 3 and Nhon Trach 4, are expected to post a combined loss of VND1 trillion ($37.98 million) in 2026, their first full year of commercial operations, predicted Vietcap Securities.
Energy - Tue, December 16, 2025 | 3:06 pm GMT+7
Many Vietnamese stocks are trading at deeply discounted valuations: brokerage exec
Nguyen Duy Hung, chairman of Vietnam’s leading brokerage SSI Securities, said many stocks on the local market are "trading at very low valuations", as recent gains in the benchmark index have been driven by only a handful of large-cap names.
Finance - Tue, December 16, 2025 | 2:53 pm GMT+7
FPT forms specialized board to build core capabilities with expansion into rail tech
Vietnam's leading technology corporation FPT (HoSE: FPT) has set up a strategic technology steering committee, underscoring its push to master core technologies including rail-related solutions, and build a high-quality talent base to support long-term competitiveness.
Companies - Tue, December 16, 2025 | 2:05 pm GMT+7
Hanoi approves $32.5 bln Red River scenic boulevard project
Hanoi has approved a massive urban redevelopment project along the Red River which would transform the city’s riverbanks into a new ecological, economic and cultural space, local authorities said.
Real Estate - Tue, December 16, 2025 | 9:00 am GMT+7
Hanoi police extradite ‘Mr Hunter’ Le Khac Ngo back to Vietnam
Hanoi police have extradited Le Khac Ngo, known as “Mr Hunter”, from the Philippines to Vietnam, authorities said on Friday.
Society - Tue, December 16, 2025 | 8:00 am GMT+7
Malaysia eyes AI-driven energy future
Malaysia needs to modernize its power systems to build a low-carbon economy that is competitive, inclusive and resilient, said Deputy Prime Minister Datuk Seri Fadillah Yusof at the Global AI, Digital and Green Economy Summit 2025, which opened on Monday.
Southeast Asia - Mon, December 15, 2025 | 11:47 pm GMT+7
Vingroup’s mega project contributes over $1 bln in land-use fees, land lease to HCMC’s 11-month budget
A mega urban project by Vietnam’s leading private conglomerate Vingroup (HoSE: VIC) contributed VND27.36 trillion ($1.04 billion) to Ho Chi Minh City’s budget revenue in the first 11 months of this year, the local government said.
Real Estate - Mon, December 15, 2025 | 5:35 pm GMT+7
Vietnam PM says Long Thanh airport should anchor aviation-led growth
Vietnam must use the Long Thanh International Airport as a hub to develop an aviation economy and ecosystem, creating a new growth pole rather than merely operating an airport, said Prime Minister Pham Minh Chinh.
Economy - Mon, December 15, 2025 | 5:03 pm GMT+7
Vietnam introduces new policy to attract electronics 'eagles'
Vietnam’s Ministry of Science and Technology has issued a circular setting criteria for enterprises engaged in electronics manufacturing projects to qualify for tax incentives, aiming to lure more global electronics giants.
Economy - Mon, December 15, 2025 | 4:24 pm GMT+7
HCMC-based developer Phat Dat unveils six new projects in 2026 amid stock plunge
Phat Dat Real Estate Development Corporation (HoSE: PDR), a major real estate developer in Ho Chi Minh City, has announced plans to launch six new projects in 2026, setting targets of nearly VND44.85 trillion ($1.7 billion) in revenue and over VND11.81 trillion ($448.9 million) in after-tax profit for the 2026-2030 period.
Real Estate - Mon, December 15, 2025 | 2:00 pm GMT+7
Vietnam’s first LNG-fueled power plants inaugurated
Nhon Trach 3 and 4, Vietnam’s first LNG-fired power plants, were inaugurated on Sunday and are scheduled for commercial operations in early 2026.
Energy - Mon, December 15, 2025 | 11:36 am GMT+7
Vingroup to build world-class stadium in Hanoi
Vingroup (HoSE: VIC), Vietnam's biggest listed company by market cap, has proposed building a 135,000-seat stadium at its planned Olympic sports urban area in Hanoi, potentially ranking as the world’s second-largest stadium in terms of capacity.
Real Estate - Mon, December 15, 2025 | 8:00 am GMT+7
Gia Binh International Airport set to become new driver of national growth
Vietnam’s aviation sector is entering a pivotal period as many national infrastructure projects move into accelerated implementation.
Companies - Sun, December 14, 2025 | 7:57 pm GMT+7
Life insurer AIA shows interest in Vietnam’s international financial center
Mark Tucker, independent non-executive chairman of Hong Kong-based life insurer AIA Group, expressed interest in the development of an international financial center (IFC) in Vietnam at a meeting with Deputy Prime Minister Ho Duc Phoc in Hanoi last Friday.
Finance - Sun, December 14, 2025 | 3:00 pm GMT+7
Vietnam at development crossroads as capital market lags: Dragon Capital exec
Vietnam is entering a critical phase of its next development cycle but risks missing a historic opportunity unless it rapidly deepens its capital markets, said an executive at Vietnam-focused asset manager Dragon Capital.
Finance - Sun, December 14, 2025 | 9:32 am GMT+7




















