business news

Update news business news

15 banks cut staff in 2025, Big4 names appear on the list

Fifteen out of 28 domestic commercial banks that have published their fourth-quarter 2025 financial statements reported a decline in workforce compared to the end of 2024, highlighting a significant reshuffle in the banking sector.

New electricity pricing may cost data centers VND1,000 billion annually

Industry leaders say higher electricity costs could undermine investment in data centers and weaken Vietnam’s digital competitiveness.

Vietnam deepens participation in global organic agricultural value chain

The fact that enterprises obtain European certification, participate in the fair and gain access to European customers demonstrates that Vietnamese organic products are capable of entering most global markets.

Finance ministry proposes summary invoice extension

Because the use of electronic invoices for every single transaction has revealed obstacles, the issuing of summary invoices at the end of the day or month has been proposed.

Tet 2026 banana craze: one more fruit, triple the price

As tradition dictates that odd numbers symbolize fortune, banana vendors are seeing a buying rush, with some bunches selling for as much as a million dong each.

Vinaconex appoints Tran Dinh Tuan as new chairman

Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex) has announced the dismissal of chairman Nguyen Huu Toi. The company did not disclose the reason for his removal.

Prime Minister approves establishment of Hai Phong Special Economic Zone

Hai Phong’s special economic zone aims to contribute over 5% of the city’s GRDP beyond 2030 through high-tech and sustainable industries.

New directive aims to unlock 167 “frozen” solar and wind projects across Vietnam

After years of delays, the Ministry of Industry and Trade is pushing local authorities to accelerate reviews and legal resolutions for projects awaiting commercial approval.

Government orders launch of crypto, gold and property exchanges by Feb 28

The Government has requested the pilot implementation of a crypto asset exchange and the urgent launch of crypto, gold and real estate trading markets before February 28.

Ho Chi Minh City to tackle public spending bottlenecks

Ho Chi Minh City is stepping up efforts to resolve the long-standing paradox of abundant capital but low public spending, which will continue to play a decisive role in sustaining growth in 2026 and subsequent years.

Hanoi markets come alive as Tet 2026 approaching

A recent survey shows flower prices have seen only slight fluctuations this year thanks to favourable weather conditions. Peach blossoms are priced from 200,000 VND to several million VND, depending on size and shape.

Cross-border e-commerce helps Vietnamese goods reach global markets

In recent years, cross-border e-commerce has emerged as an effective channel for Vietnamese businesses to overcome geographical barriers, access international consumers and participate more deeply in global value chains.

Vietnam aims to meet 80–85% of domestic steel demand by 2030

Vietnam is setting ambitious goals for its steel industry, aiming to meet 80-85% of domestic steel demand by 2030, according to the freshly approved Steel Industry Development Strategy for the period up to 2030, with a vision toward 2050.

Finance ministry seeks public feedback on minimal tax on digital assets

The Ministry of Finance has begun seeking public feedback on a draft circular regulating tax policies for transactions, transfers and business activities related to crypto assets.

Vietnam positioned for sustained real estate inflows

Rising incomes, expanding domestic demand and large-scale infrastructure investment are reinforcing long-term real estate potential.

When livestream becomes the Tet sales driver

As e-commerce evolves into a space for entertainment and interaction, Vietnamese brands are turning livestream and short videos into powerful Tet sales engines.

Vietnam eyes MSCI watchlist in June 2026

With sweeping capital market reforms underway, Vietnam is entering 2026 with its strongest structural footing yet for a potential MSCI Watchlist inclusion.

Online shopping rises 26%, but easy growth is over

Vietnam’s e-commerce market expanded strongly in 2025, yet rising platform fees and price sensitivity signal a tougher, more selective phase ahead.

Vietnam’s exports confront the $550 billion challenge

The $550 billion mark is more than a target. It is a stress test for Vietnam’s export resilience in 2026, as global uncertainty deepens and the old growth model nears its limits.

FDI disbursement hits five-year high in January

According to the Statistics Office under the Ministry of Finance, realized foreign direct investment in Vietnam in January 2026 was estimated at 1.68 billion USD.