Business

Vietnam has set an ambitious target of 11.9 per cent GDP growth in the second half of 2026 as it seeks to achieve annual economic expansion of at least 10 per cent.

Vietnam will launch its long awaited domestic carbon exchange on June 29, marking a major milestone in the country's efforts to build a carbon market and accelerate its low carbon transition.

Ho Chi Minh City has broken ground on four social housing projects that will deliver 6,229 apartments, expanding the supply of affordable homes for low and middle income residents.

Khanh Hoa is accelerating exports of edible bird's nest products to the US and China, strengthening the international presence of one of Vietnam's best known premium food brands.

Tay Ninh has signed investment cooperation agreements worth more than USD 2.1 billion with German partners, marking a major step in its efforts to attract high quality European investment.

Authorities in Dong Nai City have discovered more than seven tonnes of expired frozen chicken feet during an inspection of a food processing company.

Haiphong City has broken ground on a VND 1.11 trillion (about USD 43 million) housing project for workers and experts at the expanded Dai An Industrial Park.

Vietnam Airlines Group has urged passengers to arrive at airports early and check in online as passenger traffic surges during the summer travel peak.

Vietnam has cut retail fuel prices for the fifth consecutive adjustment, with petrol prices falling by more than VND 5,000 (approximately USD 0.19) per litre in recent weeks.

Ho Chi Minh City has launched an international tender for a mixed-use urban development worth more than USD 1 billion, planned to span 109 hectares and operate for 50 years.

A severe heatwave across northern Vietnam has pushed national electricity demand to a new record, with peak power consumption reaching 58,456MW on June 24.

Pacific Airlines has accumulated losses of more than VND 10.6 trillion (approximately USD 410 million), as parent company Vietnam Airlines prepares a plan to divest its entire stake in the carrier.

Gia Lai Province has approved investors for two large-scale floating solar power projects, marking the first deployment of solar installations on reservoir waters in the province.

Vietravel Airlines plans to open new routes to Shenzhen and Macau, China, this year after adding another Airbus A321 to support its fleet expansion and growing international operations.

Dong Nai will begin construction of several key transport projects, including a road through the Ma Da forest area, to strengthen links with Long Thanh Airport and the wider Southeast region.

Tay Ninh awarded an investment registration certificate for a dairy plant worth more than USD 100 million during an investment promotion conference held in Belgium.

The development of Vietnam's International Financial Centre is expected to drive a new wave of office supply in Ho Chi Minh City, with growing demand for premium and green-certified workspaces.

Eighty-five per cent of Vietnamese businesses remain optimistic about the economy, according to a new survey by Singapore's UOB.

A VND 380 billion (approximately USD 14.5 million) riverside redevelopment project in Quang Ngai is set to create a new tourism landmark along the Tra Khuc River.