Vietnam News

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.

ILDEX Vietnam 2026 to drive innovation in livestock sector
For the first time, ILDEX Vietnam 2026 and Horti&Agri Vietnam 2026 will be co-located, creating a more comprehensive platform that connects the entire agri-food value chain, from production to processing and distribution.

Việt Nam diversifies tilapia exports amid global headwinds
Strong triple-digit growth in several new destinations in early 2026 underscores both the sector’s momentum and the challenges ahead.

Hải Phòng port receives ultra-large container vessel
Hải Phòng’s port handles its largest vessel yet as COSCO SHIPPING AQUARIUS arrives, highlighting Việt Nam’s growing capacity for mega-ship operations and global trade ambitions.

Estonia-Vietnam seminar brings 12 firms to HCM City during minister’s visit
Twelve Estonian companies joined an Estonia-Vietnam business seminar in HCM City on Thursday, part of the official visit of Estonian Foreign Minister Margus Tsahkna, as the two countries seek to deepen trade and investment ties.

Market mixed, VN-Index gains over 13 points
The banking sector was the primary pillar supporting the market.

Fuel prices drop again from April 23 afternoon
Accordingly, the price of E5RON92 biofuel is capped at VNĐ21,834 (US$0.83) per litre, down VNĐ100, and remaining VNĐ1,046 lower than RON95-III. The price of RON95-III is set at no more than VNĐ22,880 per litre, down VNĐ162.

Vietnamese, Korean leaders attend economic, trade and investment cooperation roundtable
Vietnamese Government leader Lê Minh Hưng called on Korean enterprises to expand high-quality investment in areas such as high technology, semiconductors, artificial intelligence and clean energy, while boosting technology transfer, developing R&D ecosystems in Việt Nam

Hải Phòng waives port infrastructure fees for liquid cargo through end-2026
The northern port city of Hải Phong will waive port infrastructure fees for liquid cargo, including petrol, oil and gas, until December 31, 2026.

Vietnamese awards in Canada spotlight community strength
The “Vietnamese Entrepreneurs Awards in Canada 2026” has made its debut in Vancouver, marking the first dedicated platform to honour outstanding Vietnamese entrepreneurs and businesses in Canada.

Fruit and vegetable exports surge on global demand
Việt Nam’s fruit and vegetable exports posted robust growth in the early months of this year, driven by improved compliance with standard requirements to capitalise on strong global demand.

Industry, trade sector plays key role in double-digit growth target
Prime Minister Lê Minh Hưng on Wednesday told the industrial and trade sector to take the lead in addressing existing problems and promote production and business activities, as the sector plays a key role in helping the country meet its double-digit growth target.

PNJ targets record revenue, profit growth in 2026
Phú Nhuận Jewelry Joint Stock Company (PNJ) has set ambitious targets for 2026, aiming for revenue of more than VNĐ48.6 trillion (US$1.8 billion) and post-tax profit of VNĐ3.4 trillion ($129.1 million).

Cần Thơ moves to stabilise goods prices amid fuel volatility
Volatility in fuel prices is placing growing pressure on consumer goods, particularly food and agricultural products, as rising transport and production costs ripple through supply chains.

Over 40,000 products on show at annual Global Sourcing Fair Việt Nam
More than 40,000 products are on show at the Global Sourcing Fair Việt Nam 2026, which opened in HCM City on Wednesday (April 22).

Vietnam Airlines to boost Hà Nội–Moscow flights from July 1
Vietnam Airlines will add a fourth weekly Hà Nội–Moscow flight from July 1, as demand between Việt Nam and Russia rebounds strongly.

Vin stocks help VN-Index gain nearly 24 points
The session’s standout catalyst was Vingroup (VIC), which rose to the ceiling price on the day the group held its shareholders’ meeting.

FedEx partners with Viettel Post to strengthen Việt Nam delivery network
Under the agreement, effective April 26, Viettel Post will act as FedEx’s National Network Provider (NNP) in Việt Nam, supporting nationwide pickup and delivery operations as part of an upgraded operating model aimed at improving efficiency, flexibility and service quality.

Phát Đạt sets ambitious 2026 targets as it enters new growth cycle
Phát Đạt Real Estate Development Corporation (PDR) has set a revenue target of VNĐ8.83 trillion (US$335 million) and after-tax profit of VNĐ868 billion for 2026.

Officials say real estate credit tightening not clampdown on lending
Việt Nam’s move to tighten oversight of real estate lending is aimed at managing risks rather than restricting credit, officials and industry executives said, as authorities seek to balance financial stability with growth.

Việt Nam steps up crackdown on IUU fishing
Việt Nam is working to lift the IUU ‘yellow card’ by enacting the Fisheries Law, alongside other efforts to ensure the sustainable development and uphold national reputation in the global seafood market.

Mining & Construction Vietnam 2026 opens, showcasing Innovation and driving Industry collaboration
The International Exhibition on Mining, Mineral Resource Recovery and Construction in Vietnam (Mining & Construction Vietnam 2026) officially opened this morning (April 21) at the Vietnam Exhibition Center.

Việt Nam must improve DPPA, energy storage framework to accelerate green transition
Organised by the Vietnam Chamber of Commerce and Industry (VCCI) and Diễn Đàn Doanh Nghiệp (Business Forum) magazine, the event gathered policymakers and industry representatives to discuss how to accelerate renewable energy adoption and ensure stable power supply.

Việt Nam’s small firms lead Asia-Pacific growth rankings, tech adoption boosts outlook
About 84 per cent of Vietnamese small businesses reported growth in 2025, up from 82 per cent a year earlier and the highest among 11 markets surveyed.

Market corrects slightly on profit-taking pressure
Previously, the VN-Index had risen for four consecutive weeks, gaining more than 140 points since the start of the month and moving close to the strong resistance zone of 1,840–1,850 points.

Arabica coffee ambitions brew in Sơn La
The province had approximately 26,120 hectares of Arabica coffee, with an estimated output of 37,724 tonnes of green coffee beans by the end of last year.




