Business

A petrol station in Hanoi has run out of fuel after demand surged, with the operator saying 10 suppliers reported no available stock amid supply disruptions linked to tensions in the Middle East.

Vietnam raised retail petrol and oil prices sharply on March 5, marking the second consecutive increase amid rising global energy costs.

Following agreements signed during Party General Secretary To Lam’s recent working visit to the US, American investment in Vietnam is accelerating, particularly across the southern economic region.

Vietnam’s central bank said liquidity remains stable despite recent pressure on the USD/VND exchange rate driven by global volatility and escalating geopolitical tensions in the Middle East.

Prime minister Pham Minh Chinh has called for macroeconomic stability and tighter inflation control as Vietnam pushes to achieve growth of at least 10 per cent this year.

Washington’s move to ease export controls could transform Vietnam from a chip assembly hub into a manufacturing partner and a strategic alternative to China, Rest of World reported.

Flight cancellations across the Middle East are disrupting shipments of fresh Norwegian salmon to Vietnam, forcing retailers to cancel orders and brace for potential price increases and quality risks.

Off season durian prices in Vietnam have surged to a record VND 200,000 (approximately USD 7.6) per kilogramme, as the country remains the only major global supplier at this time.

Hanoi attracted USD 335.6 million in foreign direct investment in the first two months of 2026, reflecting steady investor interest in the capital.

Vietnam’s central bank is tightening the reins on credit growth this year, but several dynamic private lenders are still setting ambitious lending targets.

Escalating tensions in the Middle East are threatening global supply chains, leaving Vietnamese import-export businesses on edge over cargo currently at sea and the risk of empty container shortages.

Shares fell sharply on Monday as heavy selling swept across banking, securities and technology stocks, dragging the market lower despite a brief afternoon rebound.

Imported cherries from Chile are being sold widely across Vietnam for just over VND 100,000 (approximately USD 4) per kg, a sharp drop from their usual premium pricing.

Ho Chi Minh City has invited strategic investors for the proposed Can Gio International Transshipment Port, a VND 128 trillion (USD 4.87 billion) project.

Gia Lai has approved investment in the 368ha Cat Trinh industrial park with total capital of VND 2.554 trillion (USD 100.15 million), slated for operation by late 2029 or early 2030.

Vietnam’s benchmark index may face sharp swings this week as escalating tensions in Iran rattle global markets, though oil and energy shares are expected to benefit.

Vietnam’s fruit and vegetable exports rose 67.2 per cent year on year to USD 875.33 million by February 15, driven by robust demand and a surge in pistachio shipments.

After a decade of rapid growth in users and transactions, major platforms are moving away from cash-burning strategies once used to win market share.

The Ministry of Industry and Trade on Friday ordered key oil and gas firms to secure domestic fuel supplies amid global market volatility.