- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news business news
Vietnam is under pressure to position battery energy storage systems (BESS) as strategic energy infrastructure, as fast-growing renewable capacity highlights grid stability challenges and opens up a multi-billion-dollar market for domestic firms.
In the first quarter of 2026, Vietnam–Singapore trade sustained strong growth, with key product groups posting positive two-way expansion.
Vietnam is accelerating efforts to diversify its tilapia export markets as global volatility, driven by geopolitical tensions, rising fuel prices and higher logistics costs, reshapes trade dynamics.
Vietnam is rapidly emerging as one of ASEAN’s most dynamic and reliable supply hubs, amid a global shift in sourcing strategies, according to domestic and foreign manufacturers as well as international exhibitors.
The global market for medicinal plants is projected to expand from about 230 billion USD in 2021 to over 430 billion USD by 2028, with annual growth exceeding 11%, driven by rising demand for natural products.
Vietnam’s livestock sector holds a strong position on the global map. However, it remains heavily dependent on imported breeding stock, often sold at extremely high prices.
Despite ongoing global uncertainties, Vietnamese exporters are reporting strong order growth through the second quarter of 2026, driven by precautionary demand and supportive government policies.
As global supply chains shift, experts say Vietnam must strengthen internal capabilities to attract higher-quality foreign investment.
The city of Da Nang on April 25 officially broke ground on the Lien Chieu container port project, a large-scale maritime infrastructure development of strategic national importance.
Recently, an interesting comparison was made between the price of a standard bowl of pho (around VND50,000 in Hanoi) and the minimum wage in major cities, which currently stands at over VND5 million per month.
Vietnam’s economy continues to show strong resilience and steady expansion despite persistent global uncertainties, according to a press release on Vietnam’s economic outlook issued by the ASEAN+3 Macroeconomic Research Office (AMRO) on April 24.
With the launch of the Ho Chi Minh City Venture Capital Fund, startups in the city will no longer need to “relocate” to Singapore to polish their profiles in order to secure investment.
After a prolonged period of suspension, the Dung Quat bio-ethanol plant resumed operations in early 2026 and has produced its first batch of E100 ethanol.
Deputy PM Nguyen Van Thang has called for swift and effective operations of the Vietnam International Financial Centre in Ho Chi Minh City and Da Nang.
The FDI Connect Forum 2026, themed “Towards Sustainable Global Supply Chains”, took place in the northern province of Bac Ninh on April 24.
SK Group announced on April 24 that it has signed cooperation agreements to help develop an AI ecosystem in Vietnam.
The Secretariat of Economy of Mexico on April 22 updated its list of eligible steel mills, reinstating two Vietnamese producers after nearly a year of exclusion from the country’s import control system.
Vietnam has rolled out a cross-border QR payment service with the Republic of Korea (RoK), marking a new step in financial connectivity between the two countries and supporting growing tourism and trade flows.
Medical examinations and treatments via medical tourism promise to bring billions of dollars in value to Vietnam. Localities have already begun tapping into this high-potential market.
A new VCCI survey reveals that the majority of household businesses earn only marginal profits, with little room for growth or resilience.