business news

Update news business news

Vietnam dominates US pepper market with over 80% share

Vietnam earned $1.1 billion from pepper exports in seven months, while its share of the US import market soared above 80%, leaving major competitors far behind.

Vietnam poised to overtake Thailand as world’s largest durian exporter

Vietnam’s durian industry has seen a succession of positive developments from major markets, and output is projected to surge to 2.08 million tonnes.

Vietnam’s GDP surpasses Philippines, closes in on Thailand

From an economy barely one-eighth the size of the Philippines in 1990, Vietnam has surged ahead of its regional peer, moved closer to Thailand and narrowed its income gap with Indonesia. Yet the journey toward high-income status remains challenging.

Vietnam’s eight-month trade hits record $770 billion

Vietnam’s exports rose 22.4% in the first eight months of 2026, but a 35.3% jump in imports turned last year’s trade surplus into a $20.46 billion deficit.

Nearly 2.8 million motorbikes made in Vietnam in eight months

Vietnamese manufacturers continued to turn out a high volume of new motorbikes in August despite a month-on-month decline, bringing domestic production in the first eight months of the year to nearly 2.8 million units.

Only one tech company makes Vietnam’s top 10 state contributors

Vietnam’s largest state-owned budget contributors are dominated by energy and resources companies, with Viettel emerging as the only technology player in the top 10.

Fuel price surge pushes Vietnam’s eight-month CPI up 4.45%

Vietnam’s consumer price index rose 0.47% in August from the previous month, driven largely by a sharp increase in fuel prices, while average CPI for the first eight months of the year climbed 4.45%.

Samsung’s Vietnam factories surge back with $2.3 billion profit

Samsung’s four major Vietnam plants generated more than $2.3 billion in profit in the first half of 2026, marking a dramatic turnaround as the global AI boom drives chip demand.

Resolution 19 maps out Vietnam’s path to high-income status

Vietnam is seeking to move beyond a growth model built on cheap labor, capital and natural resources as it charts a path toward high-income status by 2045.

Real-estate loan interest rates fluctuate as buyers become more cautious

Home mortgage interest rates at many banks have exceeded 10 percent per year, while some loans have reached 12 to 13 percent per year.

Vietnamese banks race to cross $4 billion capital threshold

By the end of the second quarter of 2026, the combined charter capital of 30 Vietnamese commercial banks surpassed VND1 quadrillion for the first time, reaching about $38.2 billion, up roughly $675 million, or 1.8%, from the beginning of the year.

Hyundai, KIA sales plummet: Are Vietnamese turning away?

Hyundai and KIA were once among the most favored auto brands in Vietnam, celebrated for eye-catching designs, rich equipment lists, and competitive pricing. However, several models that were once market "stars" are steadily losing their appeal.

Global gold prices surge: Will VN’s gold bars explode to VND160M per tael?

While global gold prices have continued to rise, domestic buying prices for gold bars have fallen about VND1.5-2 million per tael below the global price. Such a divergence has rarely been seen in Vietnam in recent years.

Banking industry in AI era: When data becomes competitive advantage

As artificial intelligence (AI) becomes increasingly widespread, a bank’s competitive edge is no longer determined by technology alone, but also by the quality of its data.

New entrants heat up aviation market as cost pressures mount

The aviation market is attracting a new wave of investors and airlines as passenger and cargo demand grows.

27 VN stocks join FTSE Index: Who benefits most from $1.5B inflows?

FTSE Russell has announced that 27 Vietnamese stocks have been added to the FTSE Global All Cap. Passive capital inflows could reach $1.5 billion, though benefits vary across individual tickers.

Pork prices drop in HCMC, yet demand remains sluggish

Pork prices at traditional markets across HCMC have declined compared to previous months, but consumer demand has failed to recover. To boost sales, vendors have been forced to extend business hours and offer additional discounts.

SME Development Law addresses 2 key challenges facing private enterprises

The proposed Law on SME Development is aimed at developing Vietnam's private businesses, which amount to around 1 million, with 98 percent of them small and medium-sized enterprises (SMEs).

Hanoi businesses urge action on capital, logistics bottlenecks to boost exports

Business associations and enterprises in Hanoi have urged the city to tackle bottlenecks in financing, logistics, infrastructure and regulations.

Vietnam seeks to channel growing capital into quality, investment-ready projects

Vietnam's expanding infrastructure pipeline is driving demand for medium- and long-term capital, increasing the focus on projects that are investment-ready and capable of deploying funds efficiently.