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The Country Program for Inclusive and Sustainable Industrial Development for 2025–2028 has an estimated budget of $72 million.

Vietnam and the United Nations Industrial Development Organization (UNIDO) have signed a new Country Program for Inclusive and Sustainable Industrial Development for 2025–2028, marking a further step in their long-standing partnership.

The agreement was signed on April 20 in Hanoi by the Ministry of Finance and UNIDO.

With an estimated budget of $72 million, the program focuses on green industrial transformation, strengthening competitiveness and sustainable value chains, and improving industrial policies and institutions.

Since the official establishment of the partnership, UNIDO has collaborated with Vietnam to implement over 170 projects since 1978 in areas such as small and medium-sized enterprise development, quality infrastructure, energy efficiency, clean production, and sustainable supply chains. Based on this, within the framework of the new program, cooperation between the two parties will continue to be expanded through comprehensive intervention programs and activities, combining policy advice, technical support, and investment mobilization. The program is expected to open up new cooperation opportunities in the field of agricultural processing, particularly for value chains with potential such as rice and tea, focusing on value addition, meeting sustainable standards, enhancing resilience to climate change, and improving livelihoods in rural areas.

Vietnam’s conglomerate Hoa Phat Group (HoSE: HPG) on Saturday inaugurated a new steel pipe plant in the southern province of Tay Ninh with an investment of VND2 trillion ($75.6 million), as the country’s top steelmaker expands capacity to capture recovering demand in construction and infrastructure.

The facility has an annual capacity of 400,000 tons and produces a range of products, including black steel pipes, galvanized steel, and large-diameter pipes for industrial use.

With the addition, Hoa Phat’s total steel pipe capacity rises to 1.2 million tons per year, reinforcing its leading position in the domestic market with an estimated market share of nearly 35%.

Located in the Thuan Dao Industrial Park, the 15-hectare plant benefits from proximity to Ho Chi Minh City and is about 30 km from Long An international port, allowing the company to optimize logistics costs and expand its reach in southern Vietnam and export markets.

The plant is already supplying steel pipes for major infrastructure projects such as Long Thanh International Airport in Dong Nai province and Phu Quoc airport off An Giang province, the company said.

In addition, the facility is equipped with a rooftop solar power system with a capacity of 10 MW, enabling the firm to meet more than half of its electricity demand and reduce operating costs.

In the first quarter of 2026, the group sold more than 241,000 tons of steel pipes, up around 30% from a year earlier. Southern Vietnam accounted for roughly 90,000 tons.

The company targets revenue of VND210 trillion ($7.97 billion) and net profit of VND22 trillion ($835.47 million) this year, up 33% and 42% respectively from 2025. If achieved, this would mark a record high for the group, with steel continuing to contribute about 95% of total revenue.

HPG shares were traded at VND24,800 ($0.94) each on Monday afternoon.

VOV.VN - The Airports Corporation of Vietnam (ACV) has proposed a roadmap to gradually transfer international flights from Tan Son Nhat Airport to Long Thanh Airport from late 2026, aiming for the new airport to handle more than 90% of international passengers in Ho Chi Minh City in 2027.

In a report submitted to competent authorities, ACV outlined a two-phase plan to transfer operations between Tan Son Nhat and Long Thanh, toward shifting most, and later all, international flights to Long Thanh.

Under the proposal, the first phase will run from the start of Long Thanh’s commercial operations through the 2026 winter flight schedule, from December 1, 2026 to March 27, 2027. During this period, all long-haul international flights, including cargo, will be transferred from Tan Son Nhat to Long Thanh, accounting for about 19% of total international passenger volume in Ho Chi Minh City.

An ACV representative said the early transfer of long-haul flights is intended to reduce pressure on Tan Son Nhat and to gradually test Long Thanh’s operational capacity in its initial stage.

In the second phase, from the 2027 summer flight schedule through 2030, ACV proposed transferring the remaining international flights to Long Thanh, except for short-haul routes under 1,000 km operated by Vietnamese airlines. If approved, Long Thanh could handle more than 90% of international passengers in Ho Chi Minh City in 2027.

After 2030, all regular international flights will be transferred to Long Thanh. Tan Son Nhat will mainly handle domestic flights, irregular international flights and charter services.

According to ACV, alongside accelerating progress on Component Project 3, the company is preparing operational conditions for Long Thanh across organisational structure, personnel, operational plans and trial runs.

ACV has established a branch, Long Thanh International Airport, to directly manage and operate the airport. Two specialised units, Long Thanh Air Cargo Services and Long Thanh Aviation Fuel Services, have also been set up to ensure operations are carried out in a coordinated manner.

On staffing, ACV said it has developed plans for training and assigning personnel to become familiar with equipment systems at Long Thanh. “Many employees have been assigned to work at Tan Son Nhat Airport to gain practical experience before commercial operations,” a company representative said.

For operational preparations, ACV has signed a consultancy contract with a consortium including Incheon International Airport Corporation and PIF Company to implement airport management, operations and operational transfer in line with international standards.

So far, ACV has finalized the first two phases, including operational concepts and core procedures, as well as commercial policies, business plans and financial strategy. The company is now implementing the third phase, including trial operations and operational transfer, with three trial runs planned for September, October and November 2026.

ACV said that once the plan for dividing operations between Long Thanh and Tan Son Nhat is issued, it will coordinate with relevant parties to keep the transition safe, efficient and smooth.