Vietnam News

Korean robotics, AI firms interested in Việt Nam
KOTRA said it is teaming up with the Korea Institute for Robot Industry Advancement to run the “K-Robot Pavilion”” at the 23rd Việt Nam International Exhibition on Machinery, Equipment, Technology and Industrial Products (VINAMAC EXPO 2026) in Hà Nội from May 14-16.

Meet Australia 2026 to take place in HCM City next week
Organised by the Australia-ASEAN Business Forum (AABF), the event will focus on boosting cooperation in energy, digital technology, agriculture and innovation amid growing bilateral relations.

Phú Thọ among Việt Nam’s top five provinces for economic governance quality
Phú Thọ stood out for its ability to unlock resources for businesses and maintain a proactive administration that closely accompanies the business community.

International exhibition series on dairy, ice cream, and modern beverages to take place soon
The exhibition will feature 250 booths, bringing together brands and products from various countries and territories.

Việt Nam, Malaysia promote smart business connectivity
Malaysia is paying close attention to Việt Nam’s Đổi Mới (Renewal) reforms, particularly in land policies, rice production technologies and seafood industry development, as both sides seek to expand practical cooperation.

Counterfeit crackdown in HCM City results in $24,600 in fines
Authorities in HCM City have intensified a sweeping crackdown on counterfeit and intellectual property-infringing goods across markets, shopping centres and e-commerce platforms, with administrative fines reaching VNĐ650 million (US$24,600).

Central Retail breaks ground on GO! Phổ Yên mall in Thái Nguyên
Thailand’s Central Retail has broken ground on the VNĐ400 billion GO! Phổ Yên shopping centre in Thái Nguyên Province which is scheduled to open in 2027.

Market ends mixed, VN-Index fall slightly
The benchmark index decreased, but gains in oil and gas stocks helped cushion the losses.

Việt Nam launches BPI for the first time alongside revamped PCI 2025
The Vietnam Chamber of Commerce and Industry (VCCI) on May 15 unveiled the country’s first-ever Business Performance Index (BPI) together with the newly redesigned Provincial Competitiveness Index 2025 (PCI 2025), as part of the Việt Nam Private Sector Economic Report 2025.

Việt Nam, Cambodia boost supply chain connectivity
Under a shared strategic vision for the 2026–30 period, Việt Nam and Cambodia are moving beyond simple commodity exchange toward building a peaceful, friendly, stable and fully developed border zone.

70,000 tonnes of rice granted “Low-emission Green Vietnamese Rice” label
The certified rice has not only been exported to Japan but also reached markets in Europe and Oceania.

Retail fuel prices cut from Thursday afternoon
Retail fuel prices were simultaneously reduced from 15:00 on Thursday following the latest adjustment by the Ministry of Industry and Trade (MoIT) and and the Ministry of Finance, with E5RON92 biofuel recording the sharpest decline.

Ground broken on $157 million industrial park in Hải Phòng
Taseco Land on Thursday officially broke ground on the first phase of the Thủy Nguyên Industrial Park project in the northern port city of Hai Phong, marking a major step in the company’s expansion into the industrial real estate segment.

Việt Nam’s wood firms seek clarity on VAT rules amid export concerns
Việt Nam’s wood industry is seeking clearer VAT rules as inconsistent enforcement across provinces raises compliance risks, delays tax refunds and complicates export supply chains.

Cần Thơ, Belarus eye trade, investment opportunities
Belarusian Consul General in HCM City Alexander Sidoruk said his working visit to Cần Thơ city exposes ample untapped economic potential. The Belarus side brings strengths in exporting fertilisers, crop protection chemicals, agricultural equipment, and high-tech products, and is interested in importing Vietnamese rice, coffee, rubber, seafood, and dairy products.

HCM City hosts F&B ingredients exhibition
Việt Nam’s only dedicated F&B ingredients exhibition Fi Vietnam 2026 opened in HCM City on Wednesday.

Arkia Israeli Airlines announces direct flights to HCM City
Arkia Israeli Airlines on May 12 announced plans to launch direct flights from Tel Aviv to HCM City, marking a further expansion of the carrier’s operations in Vietnam.

Vietnamese swimming crab exports retain access to US
US recognition of Việt Nam’s crab fisheries allows exports to continue through 2029, boosting a key seafood sector.

China Homelife Vietnam expo showcases manufacturing innovation, supply chain connectivity
The fifth International Exhibition of Chinese Products, Equipment, Tools, Technology, and Services for Family Life in Việt Nam opened at the Saigon Exhibition and Convention Center on May 12, positioning itself as a strategic platform for strengthening business partnerships between the two countries and bolstering the regional industrial supply chain.

Session highlights synergy promotion for FDI, domestic enterprises
A Party official has urged the Vietnamese business community to improve corporate governance, technological capacity, production standards, workforce quality and international connectivity to strengthen ties with the FDI sector.

Việt Nam promotes digital workforce through content creator training programme
E-commerce and the digital economy are generating new jobs while accelerating digital transformation and boosting the country’s competitiveness.

Qualcomm opens Hanoi R&D Centre to expand semiconductor, AI operations in VN
The new facility builds on Qualcomm’s 2025 launch of an artificial intelligence R&D centre in Việt Nam and will operate as a broader innovation hub focused initially on artificial intelligence and system-on-chip (SoC) development, the company said.

RoK drugmaker ramps up production in Việt Nam
Samil Pharmaceutical of the Republic of Korea (RoK), known for its children’s fever reducer Brupen, is stepping up its manufacturing expansion in Việt Nam.

Việt Nam, RoK deepen cooperation in technology, energy, digital economy
The Republic of Korea is currently Việt Nam’s largest foreign direct investor, with cumulative registered investment exceeding US$94 billion and more than 10,000 valid projects.

Việt Nam releases first-ever White Book on Taxation
The White Book provides a comprehensive overview of Việt Nam’s current tax system in line with international practices, including direct taxes, indirect taxes and sector-specific levies.

Modern retail opens doors for small-scale farmers
Central Retail Vietnam is expanding its community livelihood programme as retailers strengthen sourcing from local cooperatives and small-scale farmers.
Hoa Sen responds to Australia’s anti-dumping probe into galvanised steel
Vietnamese steelmaker Hoa Sen Group has clarified that the alleged anti-dumping margin of 56.21 per cent cited in Australia’s investigation into galvanised steel imports from Việt Nam is only an initial allegation submitted by the complainant, not an official conclusion by Australian authorities.

Improved investment climate gives momentum to Điện Biên funding
At the Investment Promotion Conference in Điện Biên Province on May 11, Deputy Prime Minister Nguyễn Văn Thắng urged provincial authorities to continue accelerating substantive administrative reforms and improvements to the investment climate.

VN-Index falls deep, breaching below 1,900 points
Analysts said that profit-taking was not too unexpected after the group had climbed strongly for several weeks and carried a high weight in overall market capitalisation.

RoK backs sesame farming development project in Việt Nam
The Korea Rural Community Corporation under the Republic of Korea Government said on May 11 that it will collaborate with the Korean Ministry of Agriculture, Food and Rural Affairs to implement a project supporting the development of the sesame value chain in Việt Nam.

Điện Biên approves $76 million tourism cable car project
The approved investor is Fansipan Sa Pa Cable Car Services & Tourism Limited Liability Company.
New summer tour products in HCM City
As the summer holiday nears, HCM City is rolling out new tourism offerings to wow local and foreign visitors, including a fancy dining and art performance experience, relaxing cruise trip on the Saigon River with folk music and exciting helicopter tours to admire the city from above.

Bank-led funding model strains as Việt Nam seeks new growth drivers
Bank credit is nearing its limits as Việt Nam seeks trillions in investment for double-digit growth, prompting urgent calls to deepen capital markets and improve the efficiency of capital use.

Vietnamese-made LSD vaccine enters demanding RoK market
The successful research and commercialisation of the LSD vaccine, which has been widely used in the domestic market and is gradually expanding internationally, helps affirm the position of Vietnamese veterinary vaccines globally.

Mitsubishi Motors Vietnam recalls Xpander and Xpander Cross models
The programme aims to inspect and, if necessary, replace the reclining adjustment mechanism of the second-row seatbacks on affected Xpander and Xpander Cross vehicles assembled, imported, and officially distributed by MMV.

New M&A association launched as Việt Nam pushes corporate restructuring
The newly launched Vietnam Mergers & Acquisitions Association is expected to help connect businesses, investors as demand for corporate restructuring and strategic capital rises in Việt Nam.

Intel to expand investment in Việt Nam
Intel is relocating part of its semiconductor production lines from Costa Rica to its facility in HCM City-based Saigon High-Tech Park, signalling a deeper commitment to Việt Nam as a primary strategic pillar in its global manufacturing network.

Deal signed on developing a power-to-liquid pilot plant in Việt Nam
International cooperation organisation Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH has agreed with Bình Sơn Refining and Petrochemical Joint Stock Company (BSR) to collaborate on developing a power‑to‑liquid pilot project in Việt Nam.

Vietnamese leader hopes for stronger ties with Sri Lanka’s Hayleys PLC
Party General Secretary and President Tô Lâm said that given the complementarity of the two economies and their substantial room for growth, Việt Nam wishes to enhance cooperation with major Sri Lankan enterprises, especially those with regional market networks and connectivity capabilities such as Hayleys.

Vietjet to launch HCM City-Colombo flights in August
The newest route will operate four round-trip flights per week, Vietjet said in a statement.

Vietjet signs India partnerships to expand aviation, technology links
The partnerships with leading Indian enterprises will help open new connectivity corridors across aviation, trade, technology, and investment, contributing to the dynamic development of the Asia-Pacific region.

Vietnam Airlines announces launch of direct service connecting Việt Nam and Sri Lanka
Vietnam Airlines officially announced the launch of a new direct service between HCM City and Colombo during the Việt Nam–Sri Lanka Trade–Investment–Tourism Cooperation Forum held in Colombo.

Xuân Cầu Holdings, Petrolimex launch green energy venture for EV transport
The partnership between Xuân Cầu Holdings, Petrolimex and Selex Motors marks a major step in developing green energy infrastructure and expanding electric transport energy services in Việt Nam.

Top leader rings opening bell at India’s National Stock Exchange
India’s National Stock Exchange pledged support for Việt Nam’s capital market development during Party leader Tô Lâm’s visit to Mumbai.

HCM City expands innovation startup space
HCM City is strengthening its position as one of Southeast Asia’s leading innovation and startup hubs with expanding innovation ecosystem and attracting greater investment into high-tech industries and entrepreneurship.

Việt Nam strengthens cooperation with India’s leading technology partners
As part of the state visit to India by General Secretary of the Communist Party of Vietnam (CPV) Central Committee and State President Tô Lâm, Politburo member Nguyễn Duy Ngocc has held working sessions with leaders of the Indian Institute of Technology Madras (IIT Madras) and the Unique Identification Authority

Party General Secretary, State President receives Indian business leaders in Mumbai
General Secretary and President Tô Lâm described ONGC as an experienced and capable energy group whose expertise aligns with Việt Nam’s oil and gas development needs.

Development map redrawn to drive double-digit growth
Việt Nam’s revised national master plan aims to create new growth hubs, strengthen regional connectivity and accelerate technology-driven development as the country targets annual economic growth of at least 10 per cent in the coming years.

VN-Index approaches 1,900 threshold
The index was therefore about 10 points, less than 1 per cent, away from the all-time high of 1,902 based on closing prices.

HCM City hosts major tech showcase linking education, infrastructure, smart cities
Smart City Asia, Education Vietnam and LEDTEC Asia, Việt Nam’s leading international exhibition series on smart cities, smart education, IoT, robotics, smart lighting and advanced technologies, opened at the Saigon Exhibition and Convention Centre in HCM City on May 6.

HCM City navigates toward sustainable river-sea economy
With vast waterways, a long coastline, and global connectivity, HCM City is positioning itself as Southeast Asia’s next maritime hub.

Soil health critical for agricultural resilience as degradation becomes alarming
Placing soil health at the centre of agricultural policy becomes critical as land degradation is posing a growing threat to productivity and sustainable development of the agricultural sector, experts said at a workshop on May 5.

Proposed removal of conditions for accounting and insurance services
Within the group of sectors under the Ministry of Finance’s management are accounting services, reinsurance business, insurance brokerage, insurance agency services, casino business, betting business, and duty-free retail.

Cô Tô marks milestone with culture and tourism week
The event will feature a series of large-scale activities that combine traditional values with a modern touch, with the aim of elevating island tourism and creating a new mark on the national tourism map.

Việt Nam enters the group of regional leaders in broadband telecommunications infrastructure
The Ministry of Science and Technology forecasts that spectrum demand will continue to rise sharply in the coming years.

Cisco eyes key role in Việt Nam’s AI infrastructure development
Currently, 62 per cent of Vietnamese organisations risk losing value from their AI investments due to ‘AI infrastructure debt’, the accumulation of shortcuts, gaps and compromises that arise when companies deploy AI without a strong foundation.

VN-Index gains nearly 21 points on large-cap stocks
The breadth of the market leaned heavily into negative territory, as the number of decliners was 213 stocks, more than double the number of gainers.

Market treads water after long holiday break
Flows appeared to gravitate toward standalone stories in groups including energy and infrastructure, while downside pressure persisted in real estate and technology.

Việt Nam creates favourable conditions for Swiss firm’s long-term investment: Deputy PM
The Vietnamese Government creates favourable conditions for foreign investors, including FS Finance Suisse AG, to operate effectively and sustainably in the country, Deputy Prime Minister Hồ Quốc Dũng affirmed on May 4.

Việt Nam told to learn from London to win global capital
Việt Nam can draw on lessons from the London Financial Centre to build a globally competitive financial market for its next growth phase, Executive Director of the London Southside Chamber of Commerce Radiana Vlahova told Vietnam News Agency.

Budget revenue up 15.2 per cent in four months
Việt Nam’s state budget revenue reached an estimated VNĐ1,114 trillion (US$42.84 billion) in January-April, equivalent to 44 per cent of the full-year plan and up 15.2 per cent from a year earlier, the Ministry of Finance reported on May 4.

Moody’s lifts Việt Nam’s outlook to “positive” on reform drive
Moody’s on May 4 upgraded Việt Nam’s outlook from “stable” to “positive,” while affirming the country’s sovereign credit rating at Ba2, according to the Ministry of Finance.

VN-Index faces resistance after holiday rally, volatility expected to persist
The benchmark index closed April on a strong note, gaining nearly 180 points, or 10.72 per cent, from around 1,675 to above 1,854 points.

All-out push to fast-track Việt Nam’s first nuclear power plants
Facing a tight five-year deadline for the Ninh Thuận 1 and 2 nuclear power projects, Khánh Hoà province is stepping up efforts to accelerate key tasks, aiming to complete compensation and site clearance for both plants in the second quarter of 2026, in line with the Prime Minister’s directive.

Opening supermarket doors for OCOP products
There were 18,243 OCOP products rated three stars or higher nationwide. Despite thousands of products meeting OCOP standards, getting them into retail systems is not easy.

MoIT proposes removal of business conditions in six sectors
This move is part of a draft resolution on cutting and simplifying administrative procedures and business conditions.

Việt Nam has 110.5 million mobile internet subscriptions
Of these, 91.3 per cent of subscribers are using smartphones, according to the Ministry of Science and Technology.

VNĐ5trillion clean water plant opened in Phú Thọ
AQUA ONE Corporation on Thursday opened the Hòa Bình – Xuân Mai clean water plant worth more than VNĐ5 trillion (US$200million) in Phú Thọ Province to water supply for Hà Nội and nearby areas.

Việt Nam’s roasted coffee exports to Thailand rise as demand shifts to premium brews
Việt Nam shipped about 9,900 tonnes of coffee worth US$80.6 million to Thailand in the first quarter of 2026, up 22.5 per cent in volume and 28.7 per cent in value from a year earlier, according to Việt Nam Customs.

Lâm Đồng diversifies coastal tourism with adventure, island-linked experiences
Coastal tourism in the central province of Lâm Đồng is gaining renewed momentum as the province taps into its largely untouched landscapes and distinctive natural appeal.

Vietnamese products shine at Paris Fair
Vietnamese booths are drawing large numbers of visitors at the Paris Fair (Foire de Paris) – one of Europe’s largest trade fairs, which opened on April 30 in the French capital.

International Financial Centre – Việt Nam’s strategic move in global race: Expert
Việt Nam’s decision to establish a Vietnam International Financial Centre (VIFC) in HCM City and Đà Nẵng marks not merely an economic project, but a significant shift in institutional reform thinking.

Vietnam Airlines reports Q1 2026 results, proactively adapts to global market volatility
Vietnam Airlines (stock code: HVN) has announced its business performance for the first quarter of 2026, amid emerging uncertainties in the global aviation market driven by ongoing tensions in the Middle East.

Tax-free threshold for household businesses doubled to VNĐ1 billion
Under Decree No. 141/2026/NĐ-CP, the household businesses with annual revenue of VNĐ1 billion or less will not have to pay personal income tax and value-added tax.

Na Dương II thermal power plant targets end-2026 operation
Work is being accelerated at the Na Dương II thermal power plant in Lạng Sơn Province, with round-the-clock construction to meet its end-2026 commissioning goal.

SABECO posts 56% profit growth in Q1, stays on track for 2026 targets
Saigon Beer-Alcohol-Beverage Corporation (SABECO) reported strong financial results for the first quarter of 2026, with profit after tax rising 56 per cent year-on-year, providing a solid foundation for achieving its full-year targets.

Import duty cuts to 0% for certain fuel products extended until June 30
Under Resolution No. 25/2026/NQ-CP, the application period of Decree No. 72/2026/NĐ-CP, which lowers preferential import duty rates on selected fuel products and raw materials to 0%, is extended until the end of June 30 this year.

SMEs struggle to access credit despite major role in economy
Only about 20-25 per cent of SMEs are currently able to obtain bank loans, underscoring a structural bottleneck in the financial system.

VN-Index corrects ahead of long holidays
The selling pressure dominated later in the session, leaving the VN-Index in negative territory into the close, despite buying attempts that were not strong enough to reverse the intraday trend.

Conference sets out science and technology path for sustainable fisheries growth
The National Conference on Fisheries Science and Technology and Fisheries Surveillance has set out recommendations to help achieve the fisheries sector’s growth targets and orientations for a key science and technology programme for 2026–30 in support of sustainable fisheries development, the circular economy and digital transformation.

Việt Nam pitches itself as promising trade partner to Mexican fims
Việt Nam shines in light industry, apparel, electronics and processed agricultural products, while Mexico dominates in manufacturing, particularly automobiles, and boasts massive distribution networks across North America.

HCM City steps up decisive action to lift IUU yellow card
The city will fast-track eCDT implementation, study the feasibility of a fishing port in Cần Giờ, and propose granting accounts to border guard stations to strengthen oversight of vessel movements.

Vietnamese consumers spend about VNĐ63 billion per day on Shopee, TikTok Shop and Lazada
Sales volume rose nearly 20 per cent to 1.138 million products.

Gov’t will not manage kerosene prices from April 29
Việt Nam will stop regulating kerosene prices from April 29, allowing businesses to set retail prices based on market conditions under a new decree issued by the Ministry of Industry and Trade on Tuesday.

Việt Nam hosts first comprehensive fisheries tech expo
The Vietnam Fisheries Society and the Directorate of Fisheries and Fisheries Surveillance under the Ministry of Agriculture and Environment on April 28 opened the Vietnam International Fisheries Technology Expo 2026 (VINAFIS EXPO 2026) at the Saigon Exhibition and Convention Centre (SECC) in HCM City.

VN-Index gains nearly 23 points on Vin stocks
The market opened the week on a cautious note, with the benchmark index turning red briefly in the morning session before reversing quickly and accelerating beyond 1,885 points.

Farm in HCM City grows one of the world’s most expensive mangoes
A farm on the outskirts of HCM City has successfully cultivated one of the world’s most expensive mango varieties and has just harvested its first crop.

HCM City fines gold shops, seizes untraceable jewellery in market crackdown
HCM City authorities have fined multiple gold shops and confiscated large quantities of untraceable jewellery in a market inspection, officials said on Monday, as regulators step up oversight amid volatile global prices.

Balance critical as Việt Nam considers higher foreign ownership in aviation
It is critical to strike a balance between attracting foreign investment and safeguarding national interests as Việt Nam considers raising the foreign ownership cap in the aviation sector, a move aimed at easing capital constraints while maintaining control over a strategic industry.

Banks among investors warned over delayed land projects in Hà Nội
Hà Nội has given investors in 341 delayed land-use projects until April 30 to prove their capacity and timelines, warning of possible withdrawal or suspension for non-compliance.

Steel, oil and gas drive Q1 profit surge among listed firms
Q1 earnings jumped 34.2 per cent year-on-year as non-financial sectors – led by steel and oil and gas services – powered growth

HCM City targets at least 10.3 per cent growth in H1
As the city has set a GRDP growth target of over 10 per cent for 2026, growth in the first half must reach at least 10.3 per cent, with the second quarter alone tartgeted at 11.59–12.49 per cent (average 12.04 per cent).

Đồng Tháp tightens environmental regulations at industrial zones, clusters
Authorities in the Mekong Delta province of Đồng Tháp Province are strengthening environmental oversight at industrial zones and clusters, focusing on upgrading centralised wastewater treatment systems, to support sustainable development goals.

Petrolimex starts large-scale E10 fuel blending ahead of nationwide rollout
Petrolimex on April 25 began large-scale blending of E10 biofuel gasoline as the country’s biggest fuel distributor moves to accelerate the rollout of cleaner energy nationwide ahead of schedule.

Liên Chiểu Container Port breaks ground to boost logistics
With total investment estimated at around VNĐ45.3 trillion, the port is designed to include eight container berths with a combined length of 2,750 m. It will be capable of handling vessels of up to 18,000 TEU.

Techcombank targets US$4.5 billion capital increase, approves 7% cash dividend
Techcombank plans to raise its charter capital to more than VNĐ113.7 trillion (US$4.5 billion) – the largest increase announced in the banking sector this year – while paying a 7 per cent cash dividend and issuing bonus shares of up to 60 per cent, following shareholder approval at its annual general meeting on

HCM City awards investment certificates to four high-tech projects
HCM City on April 25 granted investment registration certificates to four high-tech projects with a record total capital of more than $1.23 billion.

Market inches lower on profit-taking pressure
The session also saw investors trade more cautiously ahead of two upcoming holiday breaks, contributing to a sharp decline in liquidity.

Việt Nam’s economy remains resilient amid global uncertainties: AMRO
AMRO says Việt Nam’s economy remains resilient with growth projected at 7.2 per cent, but warns rising energy prices and rapid credit expansion are increasing risks to macro-financial stability.

State banks focus on capital hikes, transformation strategies in 2026
Vietnam’s top state banks plan trillion đồng capital hikes, favour stock dividends over cash, and push digital and green finance strategies for future growth.




