Business

Bac Ninh Province has approved the detailed planning task for a 560-hectare urban area linked to Gia Binh International Airport, designed to accommodate 70,000-80,000 residents.

Vietnam posted a nearly USD 17 billion trade deficit in the first half of 2026 as imports of machinery, components and raw materials surged, the Trade Ministry said.

French pharmaceutical group Sanofi and VNVC plan to begin producing next-generation vaccines in Vietnam from 2028 under a new manufacturing partnership.

UOB has raised its 2026 GDP growth forecast for Vietnam to 8.5 per cent after stronger-than-expected first-half economic performance and robust AI-driven manufacturing demand.

Ho Chi Minh City will begin simultaneous construction of all stations on Metro Line 2 in early August, aiming to open the entire route by 2030.

Police are recalling 27 bird's nest drink products after investigators alleged a manufacturer used chemical mixtures instead of natural bird's nest ingredients.

The Ministry of Construction has told localities to publish building material prices that reflect market conditions after finding outdated pricing in some localities

Six people have been arrested in southern Vietnam over an alleged scheme to sell low-quality household goods at heavily inflated prices through deceptive promotional events.

Bac Ninh's economy expanded 10.56 per cent in the first six months of 2026, ranking sixth nationwide, although growth fell short of the province's target.

The Asian Development Bank has cut its 2026 growth forecast for developing Asia and the Pacific to 4.9 per cent as prolonged energy market disruption fuels inflation and dampens economic activity.

A Vietnamese investor has proposed a VND 25.1 trillion (USD 960 million) project to expand the Phap Van-Cau Gie Expressway near Hanoi from six to 10-12 lanes.

Officials from Quang Ngai Province held talks in France with development and energy partners to expand cooperation on green industry, clean energy and sustainable infrastructure.

Vietnam's flagship North-South high-speed rail project has disbursed only 2 per cent of its 2026 investment budget, raising concerns over delays to major infrastructure plans.

South Korea has chosen Vietnam as its regional hub to expand the distribution and supply chain of Korean food products, underscoring Vietnam's growing importance as a strategic export market.

Apartment sales in Hanoi slowed in the second quarter of 2026, with buyers absorbing only 68 per cent of new supply as high borrowing costs continued to weigh on demand.

Super typhoon Ba Vi is forecast to move west quickly over the next 24 hours, making landfall in Fujian Province, China, late on July 11.

Vietnam plans to expand its airport network to 37 facilities by 2050 under a revised national aviation strategy aimed at meeting rising passenger demand and strengthening logistics infrastructure.

Authorities in Gia Lai Province have seized more than two tonnes of animal fat and skin of unknown origin from a food processing facility operating in unsanitary conditions.

Gia Lai attracted nearly VND 165 trillion (approximately USD 6.3 billion) in new investment during the first half of the year, bringing the province close to meeting its full-year investment target.