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Vietnam prepares contingency plans for 2026 dry-season power shortages

Vietnam’s power sector and relevant authorities are preparing multiple scenarios to respond to possible electricity shortages during the 2026 dry season, amid rising electricity demand and uncertainties in the global energy market.

Despite deposit rate cuts, homebuyers still face heavy pressure

Deposit interest rates have continued to cool, with 42 banks cutting rates by 0.1-0.5 percentage points since the State Bank of Vietnam (SBV) Governor met commercial banks in early April 2026.

Why a major Vietnamese solar power firm lost nearly US$38 million

A solar power company within the Trung Nam Group ecosystem has reported losses of nearly VND1 trillion (US$38 million) in 2025, marking a sharp reversal just one year after unexpectedly returning to profit.

Vietnam draws stronger foreign investment inflows despite global headwinds

Foreign direct investment (FDI) inflows into Vietnam continued to post positive signs in the first months of 2026, underscoring the resilience and attractiveness of the country’s investment environment amid global economic uncertainties.

Vietnam Airlines expands South Asia network with Colombo route

The national flag carrier Vietnam Airlines announced the launch of a direct route connecting Ho Chi Minh City and Colombo at a trade – investment – tourism cooperation forum held in the Sri Lankan capital on May 8.

Vietnam’s banking capital race heats up as giants near VND100 trillion

For the first time, Vietnam’s banking system is preparing to see a group of lenders surpass VND100 trillion (US$3.9 billion) in charter capital.

From pre-check to post-check - a defining shift in reform

As the government pushes for growth, the debate over pre-check versus post-check becomes central to unlocking private sector potential.

“One-person business” model set to spur mass entrepreneurship

Vietnam is moving to pilot a “one-person business” model under its newly issued National Strategy on Innovative Startups, in a bid to accelerate growth, fuel innovation and strengthen national competitiveness.

Trade surplus puts Vietnamese wood at high risk of Section 301 taxes

Here is the second part of the interview between VietNamNet and Secretary General of the Vietnam Timber and Forest Products Association (Vifores) Ngo Sy Hoai.

Banking sector accelerates digital shift, cashless payments surge

Vietnam's banking sector is stepping up digital transformation, expanding cashless payments, strengthening system security, and promoting inclusive digital financial services to better serve people and businesses.

Resolution 68 brings positive changes to private sector development

Resolution No. 68-NQ/TW on private sector development is expected to be implemented in a more consistent and effective manner, particularly at local level, so that businesses can feel sustainable improvements in the investment climate.

Quality over quantity: Vietnam shifts to ‘fewer but bigger’ development projects

The Hanoi – Quang Ninh high-speed railway, valued at $5.6 billion, broke ground on April 12, sending a clear signal - the 2026–2030 term is opening with large-scale construction sites to realize the goal of double-digit growth.

Vietnam railways accelerate digital shift, green transition

Vietnam’s railway sector is advancing digital transformation and adopting cleaner energy to reduce greenhouse gas emissions, improve efficiency, and regain competitiveness in the transport market.

Large private corporations, better support needed for economic growth: experts

To achieve breakthrough growth and rise as an economic power, Vietnam needs strong private conglomerates and new business support policies, economist Dr Tran Dinh Thien said.

Vietnam to host international sourcing event series in September

The Ministry of Industry and Trade (MoIT) has issued a plan to organise the Vietnam International Sourcing 2026 (VIS 2026), a major trade promotion programme aimed at strengthening Vietnam’s role in global supply chains.

New manufacturing orders decrease as costs rise

Manufacturers recorded a drop in new orders in April as inflationary pressures hit 15-year highs amid increased costs for fuel and oil in particular, according to the latest S&P Global’s survey.

VASEP orders emergency compliance after US puts Vietnam on top IP watch list

VASEP issued recommendations after the USTR placed Vietnam on its top IP watch list.

Vietnam’s banking heirs step into spotlight as power transition begins early

While many family businesses in Vietnam are still struggling with succession planning, the banking sector appears to be one step ahead.

Energy security: the unlocked key to Vietnam’s double-digit growth

Fuel reserves must include both crude oil and refined products such as gasoline, diesel, jet fuel, and LPG to ensure immediate supply to the market. Data-driven management can help optimize storage.

Tax violations cost Prudential Vietnam over VND135 billion

Prudential Vietnam must pay more than VND135 billion, approximately US$5.1 million, in additional corporate income tax to the state budget due to tax violations in previous years.