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The channel is expected to lower logistics costs and attract further investment to central Da Nang city and the wider central region.

Central Da Nang city's authorities have approved the VND7.585 trillion ($288 million) investment project to develop the Cua Lo shipping channel.

The project will involve constructing a 6.58km navigation channel, with a width of 140 metres and a design depth of 13.2 metres.

It will also include a maritime signalling system and a pilot boarding and disembarking area capable of accommodating vessels of up to 50,000 DWT.

The development is expected to improve maritime access to the East Sea for the Central Highlands, southern Laos, northeastern Cambodia and Thailand. It will directly serve Chu Lai Open Economic Zone and surrounding areas, while supporting economic restructuring in Da Nang.

Cargo throughput along the route is projected to reach 7.5–9 million tons annually by 2030, 14 million tons by 2040 and 22 million tons by 2050.

The project will be implemented under a build-transfer (BT) contract. Construction is scheduled to run from the fourth quarter of 2026 to the fourth quarter of 2028.

Once operational, the channel is expected to lower logistics costs and attract further investment to southern Da Nang and the wider central region.

Phase 1 of the VND2.67 trillion ($105 million) A&C International Packaging Plant in the central province of Quang Tri has officially opened, featuring a capacity of 1 billion aluminum cans annually to boost local manufacturing and jobs.

A&C International Packaging Joint Stock Company on November 6 held the inauguration ceremony for Phase 1 of its plant at Quan Ngang Industrial Park in Gio Linh Commune, central Quang Tri Province.

The project spans nearly 10 hectares and is developed in two phases. Phase 1 carries an investment of nearly VND2.3 trillion ($90.5 million), while Phase 2 represents nearly VND400 billion ($15.7 million). Upon full completion, the facility will boast a total designed capacity of 1 billion aluminum cans per year, with Phase 1 delivering 700 million units and Phase 2 adding 300 million units.

As a major industrial project in Quan Ngang Industrial Park, the plant aims to establish an aluminum packaging manufacturing hub serving both domestic and export markets. The investment aligns with Camel Group's long-term strategy to complete its supply chain and secure an active source of aluminum packaging production.

According to Mr. Le Quang Thinh, Member of the Board of Directors and representative of A&C International Packaging Joint Stock Company, the enterprise invested in a fully automated, closed-loop production line imported from the United States and European countries. Alongside expanding capacity, the plant focuses on technical innovation, material conservation, and developing highly recyclable aluminum packaging to meet escalating market demands.

Notably, the project commenced operations six months ahead of schedule. According to the Q3/2026 report, the investor disbursed over VND1.78 trillion ($70 million), accounting for approximately 67 percent of the total registered capital.

Beyond boosting manufacturing capacity for the packaging industry, the facility creates job opportunities for the local workforce. Ahead of the inauguration, the company hired 100 workers, primarily local residents. As production expands, the plant plans to recruit hundreds more employees to support operations.

Speaking at the ceremony, Mr. Le Duc Tien, Vice Chairman of the Quang Tri Provincial People’s Committee, emphasized that the true value of an investment project lies not only in registered capital but also in manufacturing capacity, product off-take, job creation, and long-term societal contributions.

He urged the enterprise to complete remaining items and implement Phase 2 as planned, while prioritizing occupational safety, environmental protection, workforce training, and employee welfare.

Local government departments were tasked with resolving operational hurdles and improving industrial park infrastructure to facilitate stable production and market expansion for the business.

Vietnam's National Assembly has set a target of at least 10% economic growth in 2027, with GDP per capita expected to reach approximately US$6,100.

The legislature passed a resolution on the country's 2027 socio-economic development plan on Saturday, with more than 93.4% of lawmakers voting in favor.

Under the resolution, Vietnam aims to achieve economic growth of at least 10% next year while keeping inflation at around 4.5%.

The resolution calls on the government to continue prioritizing growth while maintaining macroeconomic stability, controlling inflation and ensuring major economic balances.

The government is also tasked with making breakthroughs in mobilizing and efficiently allocating resources for development. Measures include increasing state budget revenue, cutting expenditure, particularly recurrent spending, issuing various types of bonds and securing official development assistance (ODA) loans.

It must also promptly implement policies to raise foreign ownership limits in industries and sectors that do not affect national security.

The National Assembly urged the government to manage interest and exchange rates in line with domestic and international conditions, lower lending rates and direct credit toward production, business activities and priority sectors.

The government is also expected to introduce effective measures to address trade deficit, develop a healthy and sustainable real estate market, and resolve long-standing stalled projects.

To ensure energy security, the resolution requires the government to guarantee sufficient supplies of electricity and petroleum products under all circumstances.

On infrastructure, the government is tasked with completing the expressway network in line with approved plans, particularly the eastern and western sections of the North-South Expressway and East-West transport corridors.

It must also accelerate major national railway projects, including the Lao Cai-Hanoi-Hai Phong railway, the North-South high-speed railway, international rail connections and urban railway networks.

The resolution calls for faster progress on two major airport projects: Long Thanh International Airport in Dong Nai, about 40 kilometers east of Ho Chi Minh City, and Gia Binh International Airport in Bac Ninh Province, 40 km east of central Hanoi.

Long Thanh is being developed to ease pressure on HCMC's Tan Son Nhat International Airport and eventually handle 100 million passengers annually. Gia Binh is planned as a major aviation gateway for northern Vietnam, serving passenger and cargo transport, international transit and aircraft maintenance.

In the energy sector, the National Assembly requires the government to develop a national energy reserve strategy and accelerate planned power generation, transmission grid and solar power projects.

It also urged authorities to firmly address the trend of localities pursuing airport, seaport, data center and free trade zone investments without proper planning, warning against wasteful spending.