Business

HCM City’s tourism sector is offering nearly 5,000 jobs as businesses ramp up hiring, signalling strong recovery and expansion momentum.

HCM City’s economy grew 8.27 per cent in the first quarter of 2026, its fastest pace in five years, driven largely by services and logistics.

Vietnam’s manufacturing sector faced accelerating cost inflation in March, with firms raising prices at the fastest pace in nearly 15 years amid fallout from the Middle East conflict.

Vietnam and China have expanded cross-border QR payments, allowing Chinese tourists to pay via Alipay in Vietnam and supporting trade and tourism growth.

Demand for electric motorbikes in Vietnam has surged, with some retailers reporting sales up to three times higher as consumers shift from petrol vehicles.

Ho Chi Minh City secured nearly USD 2.9 billion in foreign investment in the first quarter, marking a sharp rise and highlighting continued investor confidence.

7-Eleven has revealed why it has yet to reach its target of 1,000 stores in Vietnam nearly a decade after entering the market.

Vietnam will impose a 27.83 per cent anti-dumping tariff on hot rolled coil steel from China from April 17, citing signs of trade remedy circumvention.

Ho Chi Minh City has risen 11 places to 84th in the global financial centres index, signalling growing recognition and expectations of a stronger role in the coming years.

Dong Nai authorities held a ceremony on April 2 to mark the export of 220 tonnes of fresh bananas and promote the province’s agricultural exports in 2026.

Vietnam’s electricity consumption has exceeded one billion kWh despite the northern region not yet reaching peak heat.

Vietnam’s manufacturing PMI fell to 51.2 in March as the Middle East conflict drove input costs higher, pushing selling prices up at the fastest pace in nearly 15 years.

A 99-hectare sports complex in Ca Mau Province is due to open by late 2029, with 15 per cent funded by investor equity and the rest by loans.

Ho Chi Minh City has approved a joint venture including China Railway Group for a USD 1.73 billion EPC contract on metro line 2, Ben Thanh-Tham Luong section.

Vietnamese fuel firms are accelerating E10 petrol sales from April, aiming to gradually replace mineral petrol under a government directive.

Vietnam Airlines reported post-tax profit of more than VND 7.6 trillion (USD 304 million) in 2025, driven by strong travel demand and its largest-ever international network expansion.