Business

Apartments at Thanh Lam-Dai Thinh 2 social housing project in Hanoi are priced from VND 813 million (approximately USD 31,900), with contracts expected to be signed in November.

Electricity consumption in HCM City has reached a new record as prolonged hot and humid weather continues to drive up demand despite the start of the rainy season.

Ho Chi Minh City’s An Dong Ward has become the city’s first locality to manage temporary pavement and road use through a mobile app, with more than 90 per cent of the process automated.

Vietnam’s largest fuel distributor has officially launched E10 biofuel petrol nationwide, pricing the new product at VND 24,630 per litre from May 13.

Police in Thai Nguyen Province have arrested four people, including three taxi drivers, for allegedly using electronic devices to disable passenger-detection systems in Xanh SM taxis to pocket fares.

Vietnam’s cashew industry has lowered its 2026 export target despite double-digit growth in the first quarter, citing geopolitical conflict, rising raw material prices and surging shipping costs.

Vietnamese customs authorities have intercepted 14,550 imported skincare bottles that had been expired for nearly a year before reaching the domestic market.

The western area of Long Thanh International Airport, spanning part of Long Thanh Ward, Phuoc Thai Commune and Long Phuoc Commune, is to be planned as an urban area for more than 400,000 people.

More than 3,700 locally-assembled Hyundai Tucson vehicles have been recalled in Vietnam over a dashboard display malfunction, authorities said.

Banks in Vietnam are undergoing major restructuring, shutting branches and cutting thousands of jobs while simultaneously expanding recruitment in technology and sales roles.

Vietnam’s import-export turnover exceeded USD 345 billion in the first four months of 2026, though authorities warned smuggling and trade fraud remain widespread across border routes.

Vietnam Railways has launched “buy three, get one free” and “buy six, get two free” promotions on selected trains operating between Hanoi and Haiphong cities.

Customer deposits at Vietnamese banks declined by tens of trillions of dong in the first quarter of 2026, increasing pressure on lenders to secure alternative funding sources to maintain liquidity.

Vietnam’s gaming industry is aiming to become a multi-billion-dollar powerhouse as local developers attract growing foreign investment and expand beyond outsourcing into global game production.

Black pepper made up over 66 per cent of Vietnam's pepper exports in the first quarter. The US remained the top market, while Canada surged nearly 300 per cent.

Vietnam’s coffee export prices have fallen sharply in early 2026, raising concerns over declining industry revenues despite continued growth in export volumes.