Vietnam Airlines will officially launch a direct air route connecting Ho Chi Minh City and Phuket, Thailand, starting April 2, further expanding its Southeast Asian network and offering passengers more travel options.

Amid escalating geopolitical tensions worldwide, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has emphasized that Vietnam should shift to biofuel gasoline as soon as possible.

Vietnam’s railway sector raises passenger fares by 10% and freight rates by 15%, while interprovincial bus operators also increase ticket prices as diesel costs exceed VND30,000 per liter.

The Hanoi People’s Committee has issued a directive requiring relevant agencies to implement measures to stabilize the fuel market and ensure adequate supply for consumer demand and economic activities.

A surge in global oil prices is already rippling through Vietnam’s economy, raising concerns about inflation, logistics costs and economic growth.

Vietnam’s stock market fell sharply at the start of the trading session on March 9 as global oil prices jumped nearly 30% to US$118 per barrel, after already rising 36% during the previous week.

Thirty domestic commercial banks in Vietnam (excluding SCB and four banks under compulsory transfer) contributed nearly VND73.5 trillion to the state budget through corporate income tax (CIT) in 2025, equivalent to roughly $3 billion.

A draft circular proposes increasing the threshold to 400 million VND for loans issued by credit institutions and 200 million VND for those provided by people’s credit funds.

According to Brand Finance’s Banking 500 2026, Vietnam is represented by 13 banking brands in the global rankings, seven of which demonstrate notable double digit-growth over the past year, reflecting a progressive financial ecosystem.

Vietnam’s investment abroad in the first two months of 2026 increased 2.3 times year on year, according to data from the Foreign Investment Agency under the Ministry of Industry and Trade.

Vietnam exported an estimated 640,000 tonnes of rice worth 289.4 million USD in February, according to the Ministry of Agriculture and Environment.

Deputy Minister of Finance Nguyen Duc Chi has expressed his wish that the US-ASEAN Business Council (USABC) and its member companies will continue accompanying Vietnam in the development of its financial market, and foreign capital attraction.

The Politburo’s Resolution No. 68-NQ/TW marks a shift in Vietnam’s development mindset, recognizing the private sector as a key economic driver, with international experiences offering useful insights for its implementation.

The Ministry of Industry and Trade has proposed allowing petroleum companies to announce and adjust retail fuel prices within their distribution systems.

The Ministry of Finance has proposed cutting preferential import tariffs on several fuel products to 0 percent in an effort to diversify supply and stabilize the domestic petroleum market.

The Vietnamese Government has issued Resolution No. 36/NQ-CP outlining urgent measures to safeguard national energy security and prevent fuel disruption amid escalating Middle East tensions.

A forest carbon market is opening new opportunities for Vietnam’s forestry sector to mobilise funding for forest protection and development while supporting sustainable livelihoods for local communities, especially in ethnic minority areas.

Vietnam consistently regards Japan as one of its most important partners and a sincere and reliable friend that accompanies it in achieving its development objectives.

From 3:00 p.m. on March 7, retail prices of petrol and oil products simultaneously increased sharply following a decision by the joint Ministry of Industry and Trade and the Ministry of Finance.

Amid abundant global supply, high inventories in importing markets and pressure from the upcoming Winter-Spring harvest, Vietnam’s rice sector is accelerating its shift toward higher-quality exports to sustain growth and increase value.