Business

Construction of a waste-to-energy plant capable of processing 1,600 tonnes of waste per day and generating 40MW of electricity began in Hung Yen Province on March 6.

Vietnam’s Ministry of Industry and Trade said the country’s fuel supply for March is largely secured, urging the public to remain calm, conserve energy and calling on businesses not to hoard fuel.

HCM City has approved a plan to establish a VND 500-billion venture capital fund to mobilise social resources for the city’s innovation startup ecosystem and technology enterprises.

EU ambassadors have acknowledged Vietnam’s efforts to combat IUU fishing, as PM Pham Minh Chinh reaffirmed the country’s commitment to sustainable fisheries and closer cooperation with the EU.

A petrol station in Hanoi has run out of fuel after demand surged, with the operator saying 10 suppliers reported no available stock amid supply disruptions linked to tensions in the Middle East.

Vietnam raised retail petrol and oil prices sharply on March 5, marking the second consecutive increase amid rising global energy costs.

Following agreements signed during Party General Secretary To Lam’s recent working visit to the US, American investment in Vietnam is accelerating, particularly across the southern economic region.

Vietnam’s central bank said liquidity remains stable despite recent pressure on the USD/VND exchange rate driven by global volatility and escalating geopolitical tensions in the Middle East.

Prime minister Pham Minh Chinh has called for macroeconomic stability and tighter inflation control as Vietnam pushes to achieve growth of at least 10 per cent this year.

Washington’s move to ease export controls could transform Vietnam from a chip assembly hub into a manufacturing partner and a strategic alternative to China, Rest of World reported.

Flight cancellations across the Middle East are disrupting shipments of fresh Norwegian salmon to Vietnam, forcing retailers to cancel orders and brace for potential price increases and quality risks.

Off season durian prices in Vietnam have surged to a record VND 200,000 (approximately USD 7.6) per kilogramme, as the country remains the only major global supplier at this time.

Hanoi attracted USD 335.6 million in foreign direct investment in the first two months of 2026, reflecting steady investor interest in the capital.

Vietnam’s central bank is tightening the reins on credit growth this year, but several dynamic private lenders are still setting ambitious lending targets.

Escalating tensions in the Middle East are threatening global supply chains, leaving Vietnamese import-export businesses on edge over cargo currently at sea and the risk of empty container shortages.

Shares fell sharply on Monday as heavy selling swept across banking, securities and technology stocks, dragging the market lower despite a brief afternoon rebound.