business news

Update news business news

Vietnam’s electronics imports top $88 billion, outpacing exports by $32 billion

In just the first five months of this year, businesses spent more than $88 billion importing electronics, computers and components. As a result, the value of imports in this category exceeded exports by roughly $32 billion.

EVN explains $5.8 billion in bank deposits after posting record profit

Vietnam Electricity Group (EVN) posted its strongest financial performance in years in 2025, eliminating accumulated losses while explaining why it continues to hold billions of dollars in bank deposits.

Vietnam’s overseas investment rises 2.5-fold in Jan-May

Vietnam’s investment abroad surged 2.5 times year-on-year in the first five months of 2026, reflecting the growing confidence and international expansion of Vietnamese enterprises, according to the National Statistics Office.

Charging infrastructure key to Vietnam's electric mobility transition

To date, the Ministry of Industry and Trade, in coordination with the Ministry of Science and Technology, has issued 18 standards and regulations related to charging stations, charging equipment and batteries.

Bac Ninh to elevate lychee to premium-brand product

Bac Ninh is driving the branding of its lychee toward a premium segment, accelerating domestic consumption and expanding exports to stringent markets such as Japan, the US, the EU, and South Korea.

Building materials sector pushed beyond raw extraction

​Rising costs, carbon pressure and supply shortages are forcing the construction materials industry towards greener and higher-value production.

Story bank initiative aims to amplify Vietnam’s global profile

Vietnam is preparing to harness the power of storytelling to strengthen its international image, with plans to establish a “Vietnam Story Bank” as part of a nation-branding and communications strategy extending to 2045.

RoK medical equipment firms eye stronger export to Vietnam

Medical device companies of the Republic of Korea are seeking to expand their presence in Vietnam, where healthcare spending is rising rapidly and demand for advanced medical technologies continues to grow.

WB sees strong potential for Vietnam's double-digit growth goal

Vietnam's economy has demonstrated remarkable resilience in recent years despite a succession of global shocks, according to Tehmina Khan, the World Bank's Lead Economist for Vietnam, Cambodia and Laos.

Hanoi apartment boom loses momentum

Hanoi’s once red-hot apartment market is showing clear signs of cooling, with slowing liquidity and cautious buyers forcing many short-term investors to retreat after years of rapid gains.

CMC surpasses US$406 million in revenue, accelerates AI transformation

Having crossed the VND10 trillion ($406 million) revenue mark for the first time, CMC aims to enter its second renewal cycle, with AI-X as its new growth driver.

Vietnam records strong uptake of E10 fuel in first days of nationwide rollout

The Ministry of Industry and Trade has moved to reassure motorists about E10 gasoline as nationwide sales surge past 141 million liters.

No housing resales in first 3 years expected to help tackle housing demand

Hanoi is considering an unprecedented move in the real estate market by restricting commercial (market-rate) housing in multi-purpose urban areas from being transferred for the first three years, with the goal of serving housing demand.

Vietnam tax authority now tracks cash flow instead of counting stores

Dang Ngoc Minh, deputy director of the Tax Department, said tax authorities no longer manage businesses by “counting business households on the streets or entering stores to estimate revenue”.

Vietnam sends over 53,100 workers abroad in five months

Vietnam dispatched 53,159 workers abroad under labour contracts during January - May, hitting 47.5% of its full-year target, reported the Ministry of Home Affairs.

Changes to the organizational structure of the State Bank of Vietnam

The VN central bank will continue operating with 20 units while adjusting the names of several departments, introducing new provisions governing the Transaction Center and Regional State Bank branches, and reorganizing specialized divisions.

Vietnam’s hi-tech exports surpass 50% as startup ranking hits record

Hi-tech products accounted for 50.76% of Vietnam’s total exports in the first quarter, reported the Ministry of Science and Technology.

Nearly 95,000 businesses established in Jan–May

More than 94,800 enterprises were established nationwide in the first five months of 2026, with total registered capital of about 1.066 quadrillion VND (40.5 billion USD), according to the National Statistics Office.

VN sustains growth momentum in first five months, bolstering double-digit target

Industrial production continued to be a major growth driver. The Index of Industrial Production (IIP) in May increased 8.8% year-on-year, while the five-month figure rose 9.1%, the highest growth rate in four years.

Vietnam seeks global expertise to develop cryptocurrency market: Deputy PM

Deputy Prime Minister Nguyen Van Thang gave a reception in Hanoi on June 4 for Ben Zhou, co-founder and CEO of Bybit - one of the world's largest cryptocurrency exchanges based in Dubai, the United Arab Emirates (UAE).