Business

Lang Son Province opened its 2026 Chestnut Festival on August 15 to promote the local speciality, boost trade links and develop agriculture-based experiential tourism.

Ly Son has about 300 hectares of agricultural land, mainly used to grow garlic and shallots. Farmers typically produce one garlic crop and two to three shallot crops each year.

About 10 Vietnamese banks have announced lending-rate cuts or preferential credit packages of up to 2.5 percentage points a year to ease funding pressures on businesses.

Hanoi Metro reported a record first-half net profit after revenue surged more than 39 per cent, driven by higher ticket sales and government subsidies.

Long Thanh International Airport is expected to require 1,032 workers for operations, with expertise in incident response, advanced technology, big data and passenger services still needed.

HCM City hotel rates rose 20 per cent year on year in the second quarter, with occupancy above 70 per cent on strong international, business and MICE demand despite fewer flights.

The nearly 58-km Ben Luc-Long Thanh Expressway is expected to fully open to traffic in September, with construction now 99 per cent complete.

Airfares to popular destinations remain widely available ahead of Vietnam's five-day National Day holiday, but prices are higher and seats scarcer on some return flights at the end of the break.

Vietnam cut petrol and diesel prices from 3 pm on August 13, following movements in global energy markets.

Vietnam's surging durian production is raising concerns about oversupply and falling prices, with output forecast to reach 2.08 million tonnes this year.

Hanoi aims to begin construction of all 114 social housing projects approved for investment this year while accelerating work on another 30 projects already under construction.

Ho Chi Minh City will break ground on 11 projects and inaugurate five others around National Day on September 2, with combined investment of about VND 249 trillion (USD 9.3 billion).

Ho Chi Minh City authorities have fined City Garden JSC VND 280 million (USD 10,800) for failing to report the sale of 148 apartments to foreign buyers.

An unauthorised drone was detected flying in central Danang and seized after its operator failed to provide a valid flight permit.

HCM City plans to begin construction on four metro lines in the fourth quarter of 2026, with completion targeted for 2030, expanding links to Binh Duong and Tan Son Nhat Airport.

The ESG Company Tour 2026, themed "Green transition and effective governance for SMEs", was held on the morning of August 12 at the Prime Tien Phong factory in Phu Tho Province.

Ho Chi Minh City has added four housing projects to its foreign-ownership list, including the 145,600-square-metre Thu Thiem Observation Tower Complex.

Vietnamese maritime authorities found a vessel carrying about 20 tonnes of sugar without documents proving its lawful origin off the coast of An Giang Province early on August 11.

ESG Company Tour 2026 is under way at Prime Tien Phong Factory in Phu Tho Province, giving SMEs a first-hand look at green transition and sustainable manufacturing practices.