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The figure bringing the total amount of fundraising through Government bond issuance in the first seven months of 2026 to VND201.2 trillion ($7.65 billion), fulfilling 40% of the 2026 plan.

The Hanoi Stock Exchange (HNX) held 25 Government bond auctions on behalf of the State Treasury in July 2026, raising VND18.6 trillion ($709 million), with a successful bidding rate of 27%.

In the first seven months of the year, the State Treasury raised VND201.2 trillion ($7.65 billion), fulfilling 40% of its 2026 issuance plan.

Ten-year and five-year bonds accounted for the bulk of the amount raised in July, representing 51% and 46% of total issuance, respectively, equivalent to VND9.41 trillion and VND8.55 trillion.

The State Treasury offered bonds with maturities of three, five, 10, 15 and 30 years in July, with all five maturities successfully auctioned. Winning yields edged up by 3, 2, 1, 10 and 1 basis points, respectively, compared with the final successful auctions in May.

At the final auction in July, winning yields stood at 3.55% per year for three-year bonds, 4.20% for five-year bonds, 4.36% for 10-year bonds, 4.50% for 15-year bonds and 4.59% for 30-year bonds.

These three projects, with a total investment of nearly $460 million, will facilitate a transportation network linking the airport to industrial zones and seaports, while significantly boosting logistics development in the southern city.

Southern Dong Nai City is accelerating the construction and site clearance of the 770B, 769, and 773 road projects designed to finalize the connectivity network for Long Thanh International Airport.

These three projects, with a total investment of nearly VND12 trillion (approximately $460 million), will facilitate a transportation network linking the airport to industrial zones and seaports, while significantly boosting logistics development in the southern city.

Among them, Provincial Road 770B is a new route stretching over 42 km through nine communes and wards. In Phase 1, the road is being developed with six motor lanes and a width of 45.5 m.

Once completed, the route will link the city’s eastern and northeastern regions to the airport, industrial parks, the Bien Hoa–Vung Tau Expressway, National Highway 51, and the Cai Mep–Thi Vai seaport complex.

The project to upgrade and expand Road 773 spans approximately 39 km and will feature 6 to 8 lanes upon completion. Passing through six communes and wards, it serves as a key link between the southeastern areas of Dong Nai and the airport.

Meanwhile, the 30-km upgrade of Road 769 acts as an arterial route for transporting goods from northern provinces and the Central Highlands to the Long Thanh and Nhon Trach areas. It also connects directly to the northeastern gateway of Long Thanh Airport.

According to the Provincial Investment and Construction Project Management Board, as of late July 2026, more than 131 ha of land have been handed over for the Provincial Road 770B, reaching approximately 49% of the required area. Road 773 has received nearly 70 ha (over 31%), while Road 769 has seen over 56 ha handed over (over 41%).

In addition to these three routes, Dong Nai is implementing several other key traffic projects to support the airport, including: Component Project 1 of the Bien Hoa–Vung Tau Expressway; Component Project 3 of the Ho Chi Minh City Ring Road 3; and the upgrade and construction of roads 25B and 25C.

With Long Thanh International Airport scheduled to begin Phase 1 commercial operations by late 2026, Dong Nai authorities are demanding that investors and contractors accelerate construction progress. The city is also focusing on resolving land clearance bottlenecks to ensure that all connecting traffic infrastructure is completed in synchronization with the airport’s opening.

Investment incentives are no longer the decisive factor for foreign investors choosing Vietnam as an investment destination, with policy predictability, human capital, and the strength of the supporting ecosystem becoming increasingly important, said the CEO of Nestlé Vietnam.

Speaking at a government forum titled “Resolution 10: Developing a high-quality FDI ecosystem,” held by the Government Information and Communications Department on Friday, Binu Jacob, CEO of Nestlé Vietnam, said foreign investors had traditionally placed significant emphasis on investment incentives.

But the introduction of the global minimum tax has changed the equation, he said, with incentives increasingly serving as a supplementary factor rather than the core reason for multinational companies to invest or expand in Vietnam.

For global groups such as Nestlé, the first decisive factor is their confidence in the strategic direction set by the Vietnamese government, Jacob said.

A transparent and predictable policy framework is also critical, he noted, adding that while policy adjustments are inevitable as an economy develops, changes should follow a predictable roadmap.

What investors fear most is uncertainty and instability that cannot be anticipated, he stressed.

Jacob highlighted that the quality of Vietnam’s workforce is another key pillar supporting long-term investment decisions, alongside a strong supporting ecosystem that would allow multinational companies to implement long-term investment strategies.

Even if these conditions are not yet fully developed, clear government commitments to improving them could give investors greater confidence to expand, he stated.

The executive said Vietnam has recently made notable progress in governance and sent increasingly positive signals about its policy direction.

The country is among the few countries in the region to demonstrate what he described as a relatively consistent strategic vision, while its investment environment remains stable and its policy framework relatively predictable.

The country also has strong human capital, particularly among its younger generation, which Jacob described as having significant potential. The supporting ecosystem remains an area where Vietnam needs further development, he added.

While the current ecosystem does not yet fully meet investors’ expectations, links between foreign companies, domestic businesses, educational institutions, and research organizations are becoming increasingly established.

He said concrete policy measures and actions to strengthen those links would send a strong signal to investors.

Creating a more business-friendly environment would also allow domestic companies to strengthen their capabilities and become more reliable partners for multinational corporations, the executive remarked.

For foreign investors, long-term cooperation with suppliers ultimately rests on trust, he said. When strategic trust is established, foreign investors would certainly find effective solutions to challenges that arise.

According to the General Statistics Office, Vietnam lured $30.06 billion in registered foreign investment in the first seven months of this year, up 58% year-on-year, including $21.05 billion in newly-registered capital.