Business

Singapore has become the latest country to connect with Vietnam's cross-border QR payment system, allowing visitors to pay by scanning VietQR codes without using cash.

Vietnam has officially been reclassified as an upper-middle-income economy by the World Bank after its gross national income per capita reached USD 4,970.

has proposed adding five airports to the national aviation development plan while dropping plans for a new international airport in Haiphong.

Authorities in Ca Mau Province broke ground on a VND 6.32 trillion (about USD 242 million) wind farm on  Wednesday as Vietnam continues to expand its renewable energy capacity.

Hanoi plans a second airport in Ung Hoa and Chuyen My communes, prioritising construction in 2031-2045.

More than 30 international airlines have expressed interest in operating flights to Long Thanh International Airport in Dong Nai City ahead of its planned opening later this year

Ho Chi Minh City broke ground on eight infrastructure projects worth USD 9.6 billion on July 1, aiming to strengthen transport links with Cambodia and the country's south eastern coastal region.

Petrol prices in Vietnam increased by up to VND 1,430 per litre from July 1 after the government reinstated the special consumption tax, while diesel and fuel oil prices remained unchanged.

Vietnam consumed about 800 million litres of E10 biofuel between June 1 and June 24, as motorists rapidly adopted the new fuel following its nationwide rollout.

Vietnam earned more than USD 22.8 million from star anise exports in the first five months of the year, reinforcing its position as the world's second largest producer of the high value spice.

Dong Thap Province has approved plans for a VND 2.75 trillion (about USD 105 million) industrial park near the coast as part of efforts to expand industrial development and attract investment.

Trade through Lao Cai's border crossings rose by more than 60 per cent year-on-year in the first half of 2026, driven by strong farm produce shipments and record durian exports to China.

Vietnam Airlines plans to move around 12 per cent of its international flights to Long Thanh Airport, while Vietjet Air has committed to operating at least two international routes from the new hub.

Hanoi plans to issue local government bonds between 2027 and 2030, targeting total fundraising of between VND 150 trillion and VND 200 trillion (approximately USD 5.8 billion and USD 7.7 billion).

Domestic airfares have fallen by 10-15 per cent ahead of Vietnam's summer travel peak, encouraging more people to book holidays and giving tourism businesses fresh momentum.

Vietnam will begin construction of the Can Gio-Vung Tau sea crossing on July 1, featuring two lotus-shaped tunnel portals as the project's signature architectural highlight.

Vietnam Airlines plans to invest in up to 30 wide-body aircraft for delivery between 2031 and 2035 as it expands its fleet to meet growing international demand.

Long Thanh International Airport in Dong Nai City remains on track for commercial operations in December 2026 despite labour shortages and design bottlenecks.

Hanoi will unveil its 100-year master plan on June 29 alongside an investment promotion conference expected to attract more than 1,000 participants, including domestic and international investors.