Business

Hung Yen Province plans to develop a social housing project worth more than VND 2.5 trillion (USD 95 million), providing nearly 1,300 apartments as it seeks to expand affordable housing supply.

Ho Chi Minh City is seeking IFC support to mobilise international capital for its metro network, Can Gio transshipment port and other major infrastructure projects.

Cho Lach Commune has become the first locality in Vinh Long Province to launch an e-commerce commune model, bringing its seedlings, ornamental flowers and other local products to TikTok Shop.

Vietnam's peak power demand rose 8.8 per cent week on week as widespread heat across the north and north-central region drove up electricity use.

Hanoi has ordered passenger transport operators not to raise fares without approval as it prepares for increased travel demand during the five-day National Day holiday.

A new direct air service between Cam Ranh and Dong Hoi airports was launched on August 16, strengthening links between Khanh Hoa and Quang Tri provinces.

HCM City is studying maritime traffic and shipping channels with a 100-year outlook as it develops the Can Gio-Vung Tau sea crossing, which is designed to have a lifespan of more than a century.

Apples, kiwifruit and other produce from Australia and New Zealand are becoming increasingly popular in Vietnam as imports rise and prices fall.

Household deposits at Vietnamese banks reached a record VND 11.068 quadrillion (USD 424 billion) by the end of June, reflecting continued confidence in the country's banking system.

Dak Lak Province has opened a 400-booth exhibition featuring durian and OCOP products, bringing together more than 160 domestic and international exhibitors to promote trade and market links.

Hanoi aims to complete about 100 kilometres of urban railway by 2030 as part of a broader push to improve transport infrastructure and expand the capital's development capacity.

Canadian lobsters, king crabs and scallops are among imported seafood products gaining ground in Vietnam as lower tariffs and rising consumer demand push prices down.

Lang Son Province opened its 2026 Chestnut Festival on August 15 to promote the local speciality, boost trade links and develop agriculture-based experiential tourism.

Ly Son has about 300 hectares of agricultural land, mainly used to grow garlic and shallots. Farmers typically produce one garlic crop and two to three shallot crops each year.

About 10 Vietnamese banks have announced lending-rate cuts or preferential credit packages of up to 2.5 percentage points a year to ease funding pressures on businesses.

Hanoi Metro reported a record first-half net profit after revenue surged more than 39 per cent, driven by higher ticket sales and government subsidies.