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Michael Vu, FLC Vice Chairman, dies at 72

Michael Vu, Vice Chairman of FLC Group in charge of aviation and airport infrastructure investment, died on August 26, 2026. He had only taken up the position at FLC on August 1 after leaving Boeing Vietnam.

$8.4bil. in cheap credit available, yet Vietnam’s SMEs still struggle for cash

Billions of dollars in cheaper bank credit are available to Vietnam’s SMEs, but for many businesses, collateral, financial records and cash-flow requirements are keeping the door firmly shut.

PNJ rebounds 40% as foreign ‘sharks’ bet big after diamond crisis

Two global investment groups bought millions of PNJ shares while the jeweler was still reeling from a diamond scandal. Weeks later, the stock has surged more than 40% from its low.

Vietnam data centre boom draws billions USD as AI demand accelerates

Vietnam is witnessing a new wave of large-scale data centre investment as demand for infrastructure powering artificial intelligence (AI), cloud computing and data economy accelerates.

Quang Ninh draws $610 million in investment as new era begins

Quang Ninh authorities on August 26 handed investment decisions to 16 projects worth more than VND16 trillion (about US$610 million), as the province prepares to become a centrally governed city from September 1.

PM calls for Chinese investment in AI, semiconductors and railways

Prime Minister Le Minh Hung has called on Chinese businesses to bring advanced technology, management expertise and globally competitive solutions to major projects in Vietnam.

FDI businesses look for deeper administrative reforms

Foreign-invested businesses have welcomed Vietnam’s efforts to improve the investment climate and streamline procedures, particularly in taxation, customs and digital transformation, while calling for further reforms.

Vu Lan market sees strong demand for vegetarian offerings, online services

The market for offerings ahead of the Vu Lan Festival in Hanoi is entering its peak, with abundant supplies and growing demand for vegetarian food, ready-made offerings and online delivery services.

Bac Ninh seeks to attract Chinese investors to high-tech industries

The Vietnamese Embassy in China and Bac Ninh province held an investment promotion seminar in Beijing on August 24, drawing nearly 300 representatives from Chinese agencies, organisations, business associations and companies.

Vietnam Airlines launches direct flights to Sri Lanka

Vietnam Airlines has officially launched a direct route between Ho Chi Minh City and Colombo, Sri Lanka, becoming the first Vietnamese carrier to operate direct flights to the South Asian island nation.

Building AI capabilities tailored to Vietnam’s needs

Vietnam is entering a new phase of AI development, shifting from technology adoption to building its own capabilities.

Stronger supply chains, transparent origin key to sustainable Vietnam-US trade

Compliance with standards, transparent origin, stronger supply chains and expanded two-way trade are becoming key to more balanced, stable and sustainable Vietnam-US trade in the long term.

Vietnam directs more credit to SMEs

Credit is flowing increasingly to small and medium-sized enterprises (SMEs) as policymakers seek to support production, trade and economic growth.

Bank credit for real estate business rises to nearly 94.7 billion USD

Outstanding loans for real estate business activities rose to more than 2.5 quadrillion VND (nearly 95 billion USD) as of June 30.

Vietnam leans on digital workforce to unlock productivity boom

Amid the Fourth Industrial Revolution, digital technologies and a skilled digital workforce are becoming key drivers of productivity and business competitiveness.

Four major railway development projects call for foreign investment in 2026-2030

The Ministry of Construction has submitted a document to the Ministry of Finance to include four major railway development projects in the national list of projects calling for foreign direct investment (FDI) during the 2026–2030 period.

Vietnam promotes cooperation to remove barriers to rice trade with Philippines

Vietnam is stepping up coordination with the Philippines to address bilateral rice trade issues, particularly an ongoing safeguard investigation into imports.

Breakthrough opportunities for businesses in digital economy

Vietnam’s digital economy is emerging as an important growth driver, accounting for 14.02% of GDP in 2025, equivalent to 72.1 billion USD.

Billion-dong luxury cars flood into Vietnam as year-end competition heats up

Even before the year-end peak buying season begins, Vietnam's luxury car market has welcomed new models from BMW, Volkswagen, MINI, Audi and Mercedes-Benz.

Vietnam could overtake Thailand as world’s top durian exporter

Vietnam’s durian industry is gaining momentum in two of Asia’s biggest markets as output surges to 2.08 million tons, raising the prospect of overtaking Thailand as the world’s top exporter.