business news

Update news business news

EVN signs loan agreement with Big Four banks for LNG power project

Vietnam Electricity (EVN) has signed the loan agreement for Sub-project 1 of the LNG Quang Trach II Power Plant project with four major banks, with the total value amounting to 29.57 trillion VND (1.14 billion USD).

ESG standards offer opportunities to reposition Vietnam’s electronics firms

As international “rules of the game” grow increasingly stringent, environmental, social and governance (ESG) standards are becoming an essential “passport” for VN electronics enterprises seeking to integrate more deeply into global supply chains.

Vietnam's finance chief: Budget saved over US$60 billion in five years

On the sidelines of the 14th National Party Congress, Politburo member and Minister of Finance Nguyen Van Thang shared with the press the key achievements and future orientations of Vietnam’s financial sector.

SUVs steal the spotlight: B-size crossovers surge in Vietnam’s market

In 2025, compact SUVs have risen to the top of Vietnamese car buyers’ wishlists, outpacing sedans and transforming the auto landscape.

After merger, Ho Chi Minh City faces new challenges - and greater opportunity

To become a true national growth pole and a regional financial–trade–logistics hub, Ho Chi Minh City must embrace its new scale and responsibilities, experts say.

Vietnam's 2025 car sales race: These 9 models led their brands

Each year, a few standout models shoulder the sales performance of entire car brands - and 2025 was no exception. Vietnam’s rapidly growing auto market saw both familiar names and new contenders dominate the sales charts.

Vietnam’s economy takes off, enters upper-middle income bracket

Vietnam posted a remarkable economic performance in 2025, outpacing both regional and global averages. With this momentum, the country has officially entered the ranks of upper-middle income economies.

Breaking from the past: Vietnam's 10% growth goal requires new thinking

Ambitious GDP targets in the lead-up to the 14th Party Congress demand radical institutional reforms and a shift away from outdated growth models.

UBS AG London joins VPBank’s list of major shareholders

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has just released an updated list of shareholders holding 1% or more of its charter capital, revealing the addition of a notable new foreign stakeholder.

Billion-dollar capital seeks new opportunities in data centre real estate

Vietnam, particularly Ho Chi Minh City, is emerging as a new destination for billion-dollar capital flows into data centre real estate, driven by rapid AI adoption and a growing push for digital infrastructure.

E-commerce at turning point as new law sets higher standards in 2026

2026 marks a turning point for Vietnam’s fast-evolving e-commerce sector, shifting from high-speed expansion to a more regulated, standardised phase that levels the playing field for multichannel and cross-border platforms.

Vietnam to proactively reduce rice exports from 2026

Do Ha Nam, Chairman of the Vietnam Food Association (VFA), said that 2026 presents numerous difficulties and challenges, and the global supply glut significantly impacts all exporters, including Vietnam.

Achieving net-zero emissions by 2050 is a political mission of Vietnam: PM

Bringing Vietnam to net-zero emissions by 2050 is not merely a promise but a commitment to action - a political mission of the nation and a responsibility of the entire political system, the business community, and every citizen.

Tet market commences earlier than usual this year

Beyond traditional gift items, Tet gift hampers this year feature a variety of creative designs and concepts, catering to the evolving tastes of modern consumers.

More than 1 million businesses nationwide in operation

Nearly 297,500 businesses entered the market last year, up 27.4% year on year and 1.3 times the number of businesses exiting the market.

Vietnamese spend 45 million USD a day online shopping

The four largest e-commerce platforms, namely Shopee, TikTok Shop, Lazada and Tiki, generated total sales revenues of 429 trillion VND in 2025, up nearly 34.8% over 2024.

Vietnam fast-tracks key national railway projects

Entering 2026, with the completion of a basic legal framework, Vietnam’s key national railway projects are moving into an accelerated implementation phase, notably the North–South high-speed railway and the Lao Cai–Hanoi–Hai Phong railway line.

Rising FDI, investor optimism reinforce Vietnam’s appeal for inflows

Strong attraction and disbursement of foreign direct investment (FDI) in 2025 underscore Vietnam’s status as a safe and attractive investment destination, with prospects for inflows in 2026 also expected to remain highly positive.

Vietnam Airlines ranks among world’s 25 safest full-service airlines

In the 2026 list, Vietnam Airlines is ranked alongside leading global carriers such as Emirates, Etihad Airways, Singapore Airlines and All Nippon Airways, underscoring its growing international standing.

Hue gives in-principle approval to wharf project at Chan May Port

The project will cover more than 15.5 hectares, including over 13.2 hectares of land and nearly 2.3 hectares of water surface.