Business

Major foreign retail groups are stepping up investment in Vietnam, with Aeon planning to triple revenue by 2030 and Central Retail preparing a new wave of shopping centre openings.

Vietnam increased retail fuel prices on September 10, marking a second consecutive rise as Brent crude climbed above USD 100 a barrel amid escalating tensions in the Middle East.

Vietnam's fruit and vegetable exports rose 27.7 per cent year-on-year to USD 6.15 billion in the first eight months of 2026, driven by strong demand for durian.

Apple's first foldable smartphone, the iPhone Duo, will sell for up to VND 104 million (USD 4,000) in Vietnam, making it the most expensive iPhone ever offered in the market.

Dozens of skyscrapers ranging from 69 to 109 storeys have been proposed across Vietnam's largest cities, signalling an ambitious new phase in urban development.

HCM City's labour market improved in August, with employers seeking more than 27,600 workers, 31.2 per cent more than the number of jobseekers, according to the city's employment service centre.

An entrepreneur in Can Tho City has turned water hyacinth into eco-friendly handicrafts exported to nine countries, generating over VND 30 billion (USD 1.1 million) in annual revenue.

Nghe An Province is considering direct flights from Vinh International Airport to Guangzhou or Shenzhen, with charter services potentially operating first.

Vietnam’s Ministry of Construction aims to begin construction of the north-south high-speed railway in December 2027, as authorities accelerate preparations for the major infrastructure project.

Vinh Long plans to expand high-tech shrimp farming to more than 8,100 hectares, with authorities investing in infrastructure and seeking major investors to boost exports and increase local incomes.

Authorities have uncovered 1.16 tonnes of ketamine hidden aboard a fishing boat in a major transnational trafficking case, with nine suspects charged, police said.

Starbucks Vietnam has opened its first Signing Store in Ho Chi Minh City, staffed and operated by deaf and hard-of-hearing employees as part of the company’s inclusion and community support efforts.

Hanoi is considering subsidies of up to VND 6 million (USD 228) per household for rooftop solar and battery storage to ease pressure on its power grid amid rising demand.

Deo Ca Group has proposed widening more than 350 kilometres of the eastern North-South Expressway to six lanes under a public-private partnership (PPP) model.

Vietnam imported more than 112,000 tonnes of pork in the first seven months of the year as lower-priced foreign supplies gained popularity among consumers and food service operators.

Several Vietnamese banks have begun lowering home loan rates after months of increases, offering some relief to borrowers despite lending costs remaining relatively high.

Vietnam Airlines has rescheduled flights between Hanoi, HCM City and Jakarta on September 7 after volcanic ash forced Soekarno-Hatta International Airport to close.

Hanoi is stepping up inspections of mooncakes, confectionery and children's toys ahead of the Mid-Autumn Festival, targeting counterfeit and untraceable goods.

Dong Nai City is considering using sea sand as fill material for major infrastructure projects as demand for construction materials rises amid the rollout of dozens of key transport schemes.