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Vietnam to start building 7 bln USD international financial hub in HCM City

HCM City will begin construction of a long-planned international financial centre (IFC) in September, part of Vietnam’s push to position itself as a regional financial hub alongside Singapore and Hong Kong

Tourism boom fuels spending rise

The four-day holiday, which began from August 30, not only brought huge revenues to the tourism sector but also boosted domestic consumption, with strong demand for dining, shopping, and travel.

Vietnam coffee exports hit record high

Vietnam’s coffee industry is experiencing a breakthrough year, with exports setting new records in both volume and value.

Vietnam – a highlight of Lego’s global prospects

The official opening of the new factory in Vietnam is helping Lego build a regional supply chain, according to Sputnik. This move comes as the Danish toy group seeks to capitalise on the rising middle class in Asia - a key driver of consumer demand.

State budget revenue from foreign trade hits 72.6% of annual target

The country’s total import-export turnover during the period stood at 597.93 billion USD, a 16.3% rise compared with the same period last year.

Vietnam’s sugar productivity maintains top regional spot

In the 2024-2025 crop, Vietnam maintained its position as the regional leader in sugar productivity, reaching 6.69 tonnes of sugar per hectare, outpacing other major producers such as Thailand, Indonesia and the Philippines.

S&P upgrades ratings of three banks, citing resilient economy

S&P Global Ratings has raised the long-term credit ratings of three major banks, reflecting the stronger resilience of the country’s financial system and continued above-average economic growth.

Ministry targets 60% public investment disbursement by Q3's end

Vietnam’s public investment disbursement reached 409.17 trillion VND (15.49 billion USD) by August 31, equal to 39.9% of the annual plan and 46.3% of the Prime Minister’s target, the Ministry of Finance (MoF) reported.

Informal, essential, and overlooked: The real recyclers of Vietnam

What began as a livelihood of last resort for villagers leaving the countryside has become a multi-generational enterprise feeding Vietnam’s recycling economy.

Cassava gains value as Vietnam mandates E10 fuel nationwide

The government’s fuel transition opens new markets for farmers and slashes gasoline prices.

Can Vietnam make green consumption mainstream?

Beyond trendy labels, green consumption must be affordable, authentic, and accessible to all.

Vietnam builds momentum with sweeping business reforms

Improving the business environment has always been identified by the Party and the State of Vietnam as a strategic priority to promote sustainable economic development.

Man sells durians from truck in HCMC late at night with quirky rules

A man uses his personal pickup truck to sell durians on the streets in HCMC, and despite setting odd rules, he attracts a steady stream of customers from early evening to late night.

VN-Index breaks historic 1,700 mark amid strong investor confidence

Vietnam’s stock market continued its unexpected rally as the VN-Index surpassed the historic 1,700-point threshold for the first time on the morning of September 5.

Politburo’s new Resolution targets national energy security through 2030

Party General Secretary Ta Lam, on behalf of the Politburo, has signed Resolution 70, a strategic framework to ensure national energy security through 2030, with a vision to 2045.

Vietnam tops ASEAN in consumer sentiment: UOB report

Vietnam’s consumer sentiment led the region with 67 points, up three points from last year, according to the UOB ASEAN Consumer Sentiment Study 2025.

Digital boom pays off in billions for State budget

Vietnam’s taxman is cashing in on the digital boom, with nearly VND135 trillion ($5 billion) collected from e-commerce and digital economy players in the first eight months of 2025 – a 63% surge year-on-year, according to the Department of Taxation.

Vietnam, Japan beef up agricultural cooperation, sign 10 MoU

Thang praised Japan as a strategic partner, not only for its capital and technology but also for management experience sharing and effective public-private partnership models.

Korean pharma, biotech firms eye burgeoning Vietnamese market

Pharmaceutical and biotechnology companies from the Republic of Korea (RoK) are turning their attention to Southeast Asia, with Vietnam emerging as one of the most promising “pharmerging markets” in the region.

EVN chief urges electricity pricing reform to end cross-subsidies

The CEO of Vietnam Electricity (EVN) has called for the swift implementation of a two-component electricity pricing mechanism. If fully and transparently applied, this model could eliminate cross-subsidies among different consumer groups.