News

International container shipping has been affected by escalating tensions in the Middle East, which have disrupted several major trade routes. Some vessels are unable to pass through the Strait of Hormuz, forcing carriers to reroute their services.

Việt Nam has emerged as the world’s fourth-largest market for branded residences, underscoring the country’s growing appeal as a destination for luxury real estate investment, according to a new report by global property consultancy Savills.

The Central Highlands province of Lâm Đồng has launched its E-commerce Development Plan for the 2026–2030 period, aiming for 60 per cent of small and medium-sized enterprises (SMEs) to conduct business on e-commerce platforms by 2030.

Tây Ninh is strengthening its position as the country’s leading cassava hub, as the province moves to upgrade its value chain and expand exports amid deeper international integration.

The revision calls for more efficient use of domestic resources alongside imports and balanced development across the energy system, including electricity, oil and gas, coal and renewables.

Conflict in the Middle East is disrupting aviation and shipping routes, prompting the Ministry of Construction to propose tax and fee cuts to help stabilise transport costs and logistics activities.

The event is among a series of initiatives planned for 2026 to stimulate the consumption of locally made products. Beyond serving as a showcase for goods, it is designed as a platform connecting businesses, consumers and key opinion leaders (KOLs), thereby enhancing the visibility of Vietnamese brands amid rapid digital transformation.

With Việt Nam–China trade relations expanding robustly, and Việt Nam offering increasingly competitive investment incentives, the country is expected to attract more Chinese enterprises. This, in turn, presents further opportunities for ICBC to support Chinese businesses operating in Việt Nam.

Its report Southeast Asia Coffee and Tea Chains 2026 shows Việt Nam’s coffee chain segment reached $725 million last year, up 27 per cent year-on-year, the region’s second-fastest growth after Malaysia. Tea chains were valued at $617 million, rising 28 per cent, behind Thailand.

Việt Nam and the US are forging new tech and investment links in AI, semiconductors and renewable energy.