business news

Update news business news

Vietnam debates proposed travel ban for tax debts from VND1 million

A draft decree proposing temporary overseas travel suspensions for taxpayers owing from VND1 million (US$39) is stirring debate in Vietnam over whether the threshold is too low.

Digital technologies redraw jobs landscape

Vietnam’s labour market is entering an accelerated transition under digitalisation and AI. According to the International Labour Organization (ILO), about 11.5 million workers - one in five - are in jobs potentially affected by GenAI.

Gold prices drop from historic peak, hot growth cycle may be ending

The gold market has experienced unpredictable developments in the first four months of 2026, with prices plunging sharply after hitting a peak in late January.

US leads demand for Vietnamese pepper with premium prices

Vietnam exported 95,100 tonnes of pepper in the first four months of 2026, generating US$614.4 million in revenue. Notably, the United States emerged as the largest buyer, paying the highest prices for the commodity.

Pham Nhat Vuong hits record wealth, tops Southeast Asia rankings

A surge in Vingroup shares propels Vietnam’s richest man to an unprecedented fortune above US$35 billion.

Vietnam auto output rises as imports decline sharply

Vietnam’s automotive market continued to receive a strong supply of new vehicles in April, with domestically produced cars clearly outpacing imports.

Pig farming becomes money printing machine, firms report trillion-dong profits

After pocketing trillion-dong profits, major livestock enterprises have simultaneously revealed ambitions to exploit a new "gold mine" in the agricultural sector.

Fertiliser tax policy needs adjustment to boost exports

Vietnam should promptly review and adjust its tax policies to promote fertiliser exports and improve overall industry efficiency, according to experts.

Vietnam's domestic airfares rise 15-20% on fuel crunch

Domestic airfares in Vietnam have risen by 15-20% on average as a fuel supply crunch linked to conflicts in the Middle East drives up costs, airport operator Airports Corporation of Vietnam (ACV) said in a newly released 2025 annual report.

Vietnam space opens at Foire de Paris

The Vietnam space was opened at the Foire de Paris on May 4 by the Vietnam Cultural Centre in France, marking the country’s continued presence at one of Europe’s most prominent trade and cultural events.

Vietnam buckles down on quality FDI as global capital turns selective

Faced with geopolitical instability and spiraling trade uncertainty, Vietnam has held its ground as a magnet for foreign direct investment (FDI), reinforcing its place on the global map.

Standardised raw material zones key to unlocking global markets

A growing number of cooperatives in Ho Chi Minh City are proactively developing standardised raw material zones, not only meeting domestic demand but also steadily breaking into demanding international markets.

New businesses, market re-entries up 32.8% in first four months

More than 119,400 enterprises were established and re-entered the market in the first four months of 2026, marking a year-on-year increase of 32.8%, according to the National Statistics Office under the Ministry of Finance (MoF).

Banks strengthen digital shields against online fraud

As financial fraud and online scams become increasingly sophisticated, Vietnamese banks are tightening transaction controls and deploying digital tools to detect risks earlier and better protect customers.​

Cafes face growing pressure from customers who linger too long

A group of customers sat all day in a cafe but ordered only a few drinks, while bringing in outside food. When reminded of the rules, they gave the cafe a 1-star rating.

Vietnam remains regional bright spot despite external risks: int’l institutions

Amid global economic uncertainty and growing scepticism about the sustainability of growth, Vietnam’s economy continues to show resilience, maintaining key growth drivers.

Vietnam, India expand trade cooperation in new growth phase

The coming state visit to India by Party General Secretary and State President To Lam is expected to create momentum helping the two countries shape the framework for bilateral cooperation in a new development phase.

Vietnam told to learn from London to win global capital

Vietnam 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.

Agro-forestry-fishery exports up 5.4% in four months

Vietnam’s export turnover of agro-forestry-fishery products reached an estimated 23.04 billion USD in the first four months of 2026, up 5.4% year-on-year, according to the Ministry of Agriculture and Environment.

Railways transport 400,000 passengers during April 30-May 1 holidays

To serve the peak period, the railway sector maintained regular operations of the Thong Nhat (North–South) and regional train services, running a total of 182 trips and offering nearly 90,000 seats.