Business

Vietnam's merchandise trade approached USD 660 billion in the first seven months of 2026, although faster import growth pushed the country into a trade deficit of more than USD 20.5 billion.

Ninh Binh Province has asked the government to fund a VND 11.5 trillion (USD 437 million) expressway linking Liem Tuyen Ward and Dong A Ward.

Manufacturing, electronics, engineering and information technology are among the sectors with the strongest hiring demand in Ho Chi Minh City, according to local authorities.

Lam Dong Province has asked the Airports Corporation of Vietnam (ACV) to fund the construction of a new passenger terminal and a cargo terminal at Lien Khuong International Airport in 2027.

Vietnam's ethanol producers are urging stronger policy support, warning that imported ethanol and unstable demand could undermine supplies for the planned expansion of E10 biofuel.

Several support facilities at Long Thanh International Airport are unlikely to be completed by the end of 2026, raising concerns over the project's operational readiness.

HCM City attracted more than USD 9.8 billion in foreign direct investment (FDI) in the first seven months of 2026, up 44.5 per cent on-year and putting it close to its USD 11 billion full-year target.

Hanoi plans to replace a five-storey apartment block near the Old Quarter with a 21-storey residential tower as part of a wider programme to redevelop ageing housing.

Vietnam recorded more than USD 38 billion in registered foreign direct investment in the first seven months of 2026, up 58 per cent from a year earlier.

Many farming families in villages across Daklak Province have transformed their lives and achieved greater prosperity thanks to durian cultivation.

Vietnam's consumer price index (CPI) fell 0.12 per cent in July compared with the previous month, although it remained 4.45 per cent higher than a year earlier.

Danang City has approved a VND 580 billion (USD 22.1 million) support package to encourage investment in social housing projects as the city seeks to ease housing shortages.

A new social housing project in Hanoi will offer apartments priced from about VND 1.1 billion (USD 42,000), with applications opening later this year.

Lam Dong Province has approved a master plan for a nearly 32,000-hectare coastal tourism hub in Hoa Thang Commune, planned as a new growth centre.

Vietnam imported an estimated 185,000-195,000 tonnes of chicken in the first half of the year, with the United States accounting for nearly 62 per cent of total shipments.

Hanoi has allocated more than 1.5 million square metres of land in Thu Lam Commune for the first phase of a mixed-use urban development.

India has approved imports of fresh Vietnamese durian, giving exporters access to a market of more than 1.4 billion people as Vietnam seeks to diversify its agricultural exports.

Ho Chi Minh City plans to expand its priority metro network to 255 kilometres by 2030 after proposing two additional lines worth a combined USD 7.53 billion.

Vietnam increased retail fuel prices on July 30, marking the third consecutive rise, while authorities moved to ease concerns over temporary diesel supply disruptions.