Strong manufacturing investment helped Vietnam attract $34.65 billion in FDI during the first half of 2026, led by Thai Nguyen and Singaporean investors.

The number of new vehicles entering Vietnam's automotive market reached a record high in June, with domestically manufactured cars continuing to outnumber imported vehicles by a wide margin.

After decades of growth, many billion-dollar private conglomerates founded by Vietnamese entrepreneurs are entering a new phase of succession, gradually passing leadership and wealth to the next generation.

Vietnam has officially joined the World Bank's upper-middle-income group, marking a major milestone after nearly four decades of economic reforms and opening a new chapter in its journey toward becoming a high-income economy by 2045.

Vietnam's economy maintained solid growth momentum in the first half of 2026, with gross domestic product (GDP) expanding by 8.18%, while average inflation, measured by the consumer price index (CPI), rose 4.38%.

The World Bank (WB) has classified Vietnam as an upper-middle-income economy after the country's gross national income (GNI) per capita rose to US$4,970 in 2025.

The Vietnamese Government has issued Decree No. 253/2026, detailing several provisions and implementation measures under the Personal Income Tax Law.

As credit growth continues to outpace deposit growth, liquidity pressures are mounting across Vietnam's banking system. Many banks, particularly the “Big 4” state-owned lenders, have stepped up bond issuance to raise additional funding.

VinFast Production and Trading Joint Stock Company (VFTP) has announced the dismissal of Board Chairwoman Thai Thi Thanh Hai, shortly after billionaire founder Pham Nhat Vuong stepped down as the company's chief executive officer.

Solar power is promoted as a low-cost source of electricity. However, making it available when the power system needs it most requires pairing it with expensive battery storage systems, increasing generation costs.

With favorable traffic conditions, travel time from some western areas in HCM City to the city center is only about 20 minutes, less time needed from some areas in the eastern part of the city.

Vietnam's aquatic exports maintained solid momentum in the first half of 2026, with turnover rising 12.8% year-on-year to nearly 5.8 billion USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

After one month of nationwide sales, E10 biofuel has shown encouraging early results, with strong public support for the country's clean energy transition and growing consumer confidence in the quality of the new fuel.

Vietnam's fruit and vegetable export turnover reached 3.65 billion USD in the first six months of 2026, up 17.8% year-on-year, making the sector one of the fastest-growing export groups in the agriculture and environment sector.

HCM City aims to support between 150,000 and 200,000 SMEs, with at least 100,000 adopting digital technology platforms and digital transformation solutions under its 2026–2030 SME Digital Transformation Project unveiled on June 30.

The United Overseas Bank (UOB) Vietnam on July 1 broke ground on UOB Plaza Ho Chi Minh City, its new headquarters commanding a total cost of some 450 million USD.

Quang Ninh has approved 18 investment projects worth nearly US$1.7 billion, covering industrial parks, logistics, energy, tourism and high-tech agriculture.

Vietnam's decades-long growth model delivered remarkable success. But as global competition changes, the country now faces a more fundamental challenge - creating its own competitive advantage.

Halong Canfoco has resumed production after a major food safety scandal involving 120 tonnes of diseased pork, but restoring consumer confidence remains its biggest challenge.

EVN has just announced a consolidated post-tax profit of nearly VND52,000 billion, the highest mark in its operational history.