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Fitch Ratings sanguine about Vietnam
Fitch Ratings has upgraded Vietnam’s long-term foreign currency issuer default rating from BB to BB+ while keeping its outlook at “stable.”
Vietnam continues to wait on upgrade from frontier stock market
Vietnam’s stock market has not been upgraded from Frontier to Secondary Emerging in the FTSE Russel global classification.
Vietnam needs $11.5B to upgrade national fuel reserves
Vietnam needs VND270 trillion ($11.5 billion) to upgrade its national fuel reserves by 2030 as the current capacity is considered thin and could lead to shortages.
March 31, 2023 | 04:54 pm PT
S&P upgrades Vietnam ratings
S&P Global Ratings has upgraded Vietnam’s currency sovereign credit ratings to ‘BB+’ with a stable outlook, demonstrating that Vietnam’s economy would keep recovering from Covid impacts.
May 26, 2022 | 11:53 pm PT
Vietnam's biggest port terminal to get even bigger
Vietnam is set to spend VND1.42 trillion ($62.17 million) on upgrading its biggest port hub, Cai Mep – Thi Vai, to receive bigger ships.
April 2, 2022 | 08:11 pm PT
$245-mln upgrade proposed for three Mekong Delta highways
National Highway 62 and parts of National Highways 52 and 91C in the Mekong Delta could be upgraded and widened at a cost of VND5.6 trillion (US$245 million).
February 25, 2022 | 12:20 am PT
Noi Bai airport completes runway upgrade
The second phase of a project to renovate Hanoi's Noi Bai International Airport has been completed, with two runways upgraded and put into use.
January 28, 2022 | 12:07 am PT
Vietnam eyes $13.7 billion port upgrade to boost trade
Vietnam needs VND313 trillion ($13.77 billion) by 2030 to upgrade and optimize its port system to reduce dependency on road transportation and boost trade.
October 2, 2021 | 06:00 pm PT
Work proceeds apace on Tan Son Nhat airport upgrade
The second phase of a project to upgrade HCMC’s Tan Son Nhat International Airport is on schedule, with 35 percent of the work completed in about two months.
May 8, 2021 | 05:02 pm PT
HCMC mulls $1.18 bln upgrade of infrastructure around ports
The HCMC Department of Transport has called for prioritizing six infrastructure projects to improve connectivity to ports at a cost of VND27 trillion ($1.18 billion).
April 13, 2021 | 09:45 pm PT
Clarity crucial on investment sources for airport upgrades: experts
Experts are concerned about clarity on funding sources and costs for the VND365.1 trillion ($15.7 billion) that Vietnam needs to build and upgrade airports by 2030.
March 4, 2021 | 06:58 pm PT
Don’t upgrade Dien Bien Airport: state capital manager
The Dien Bien Airport does not need an upgrade now; funding priority should be directed to other aviation infrastructure, a state capital manager says.
October 19, 2020 | 12:03 am PT
Northern airport upgrade costs cut by half
The Airports Corporation of Vietnam has slashed the estimated cost of upgrades to Dien Bien Airport by half and capacity from two million passengers annually to 500,000.
August 27, 2020 | 04:29 am PT
HCMC, neighbor Long An Province to upgrade multiple roads
Seven roads between HCMC and its Mekong Delta neighbor Long An Province will be upgraded and widened at a cost of VND24.4 trillion ($1.05 billion) by 2025.
August 5, 2020 | 12:14 am PT
Private firm to fund central region airport upgrade
The government wants to use private capital to upgrade Quang Nam's Chu Lai Airport as part of efforts to boost the province's economy.
December 24, 2019 | 04:30 am PT
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