Business

Vietnam's state oil explorer has announced a new offshore oil and gas discovery and plans to drill seven more exploration wells by the end of the year to expand reserves.

Household bank deposits in Vietnam rose to a record about USD 416 billion at the end of May, extending a steady upward trend that reflects strong confidence in the banking system.

Cao Bang Province has proposed a VND 29.3 trillion (USD 1.1 billion) expressway linking Bac Kan and the locality, completing the final section of the CT.07 route.

About 30 diamond retailers in Ho Chi Minh City have temporarily closed, as industry representatives cite mounting cash flow pressures amid a surge in customers selling back jewellery.

The first aluminium ingots were unveiled on Sunday at the Dak Nong Aluminium Smelter in Nhan Co Industrial Park, Lam Dong Province.

Fishers in Quang Ngai Province use traditional bamboo traps shaded with palm leaves to lure squid, earning more than VND 1 million (USD 38) a day during the fishing season.

Vietnam has urged Washington to reconsider a new 12.5 per cent tariff, saying recent measures to combat forced labour have not been fully reflected in the US assessment.

A growing number of jewellery shops in Ho Chi Minh City's diamond trading streets have shut their doors as the market grapples with the fallout from a major smuggling investigation.

Vietnam's tilapia exports reached nearly USD 70 million in the first six months of the year, with Brazil accounting for more than half of total shipments.

Vietnam has revised its national road network plan, targeting 46 expressways spanning about 10,106 km by 2050 and adding five new routes.

Work has begun on a VND 1.9 trillion (USD 72.24 million) logistics hub in Hung Yen Province that is expected to strengthen supply chain co

HCM City has established a 4,174-hectare free trade zone linked to the Cai Mep Ha Port area as part of efforts to attract investment and boost trade under international standards.

Authorities seized nearly 50,000 pairs of shoes and components bearing suspected counterfeit Nike trademarks at a factory allegedly producing goods for export to the United States.

The ESG Company Tour 2026 will take businesses to Prime Group's factory on August 12, offering first-hand insight into sustainable manufacturing and ESG practices.

The 163-km Bao Ha-Lai Chau Expressway has been prioritised for construction before 2030 under Vietnam's revised national road network plan.

Vietnam has increased retail fuel prices for a second straight adjustment, with diesel recording the sharpest rise.