business news

Update news business news

Green-certified Vietnamese farm produce gains premium in global markets

Vietnamese agricultural products that meet stringent sustainability standards are beginning to command premium prices in international markets.

Public investment drives Hanoi’s growth momentum

Hanoi has significantly accelerated the disbursement of public investment capital in recent months, reinforcing its role as a key engine of economic growth and laying the groundwork for the capital city's development targets.

Government urges vigilance as inflation pressures mount in H2

The Government has ordered ministries, agencies and local authorities to sharpen forecasting capabilities and build response scenarios to keep inflation contained.

Top leader urges stronger maritime industry for growth

The top leader said Vietnam must maintain core capabilities in vessel design, building, repair, conversion and technical maintenance to ensure resilience against supply-chain disruptions, market volatility and emergencies.

Ho Chi Minh City moves to develop Phu My 3 as first eco-industrial park

Phu My 3 Specialised Industrial Park in Ho Chi Minh City is emerging as a model eco-industrial park, supporting Vietnam's sustainable development goals and its commitment to achieving net-zero emissions by 2050.​

New-generation industrial parks need to attract high-quality investors: Summit

Vietnam needs to develop new-generation industrial parks with ecosystems that integrate modern technology, innovation and sustainable development standards to attract high-quality investors, experts said at a summit on July 10.

Plan issued to develop agricultural logistics system

The Ministry of Agriculture and Environment has issued a plan to develop the country's agricultural logistics system for 2026-2030.

Finance Ministry outlines strategy for double-digit growth

The Ministry of Finance says Vietnam will prioritize investment, business support and macroeconomic stability as it pursues ambitious growth targets in the second half of 2026.

Vietnam's Gia Lai courts Chinese investors in key industries

Gia Lai showcased its investment potential in Shanghai, Suzhou and Ningbo as it looked to attract high-value Chinese investment.

Sacombank faces profit slump amid restructuring pressures

Sacombank expects its second-quarter 2026 pre-tax profit to fall by nearly 50% as legacy bad debts, higher funding costs and fierce competition for deposits continue to weigh on earnings.

Vietnam's auto market: Winners and losers in H1 2026

Vietnam's automotive market continued to expand in the first half of 2026, with VinFast extending its dominance and traditional global brands facing intensifying competition.

Best-selling gasoline B-SUVs slashing prices, July auto market heats up

It is not just stagnant models that need promotions to clear inventory; many top-selling names in the B-SUV segment such as Toyota Yaris Cross, Hyundai Creta, Mitsubishi Xforce, and KIA Seltos are not staying out of the price drop race either.

Higher electricity bills: EVN cites heat waves, summer break

Many households reported that their June electricity bills surged, with some even doubling compared to May. The power company EVN said prolonged hot weather and students being at home on summer break has caused electricity consumption to increase.

Viet Phat Group revenues shrink 25 times amid leadership crisis

More than a year after former chair Nguyen Van Binh was prosecuted, Viet Phat Group has yet to emerge from a difficult period.

More Old Quarter properties hit the market in Hanoi

Once considered nearly impossible to buy, Hanoi's Old Quarter townhouses are appearing on the market more frequently, although completed transactions remain scarce.

VIFC-HCMC sets up advisory board with leading global experts

The Executive Board of the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) named a 13-member advisory board on July 12, including prominent domestic and foreign experts in finance, investment and policymaking.

Quoc Cuong Gia Lai seeks recovery after two major legal shocks

After more than two years of legal turmoil, Quoc Cuong Gia Lai is entering a rebuilding phase. Yet the property developer still faces significant challenges ranging from unresolved projects to weak cash flow and sluggish business performance.

Top private firms plan 200 billion USD in 40 mega projects

Six of Vietnam's largest private groups are splashing nearly 4.9 quadrillion VND ($200 billion) across 40 major projects, underscoring the growing role of the private sector in driving the country's infrastructure, industrial and urban development.

Ho Chi Minh City shifts focus to new-generation FDI

HCM City is home to 20,259 FDI projects with total registered capital of nearly 142 billion USD from 152 countries and territories. In the first half of 2026, the city attracted more than 6.8 billion USD, fulfilling 62% of its annual target.

State Bank of Vietnam unlocks credit for 18 mega-projects

The State Bank of Vietnam (SBV) has said it will not include outstanding loans for 18 mega projects in the “credit room” created for conventional loans to ensure that businesses feel secure investing in national key projects.