Business

Several Vietnamese banks are targeting double-digit profit growth, with some aiming for tens of trillions of dong in pre-tax profit.

Vietnam’s agricultural, forestry and fishery exports opened the year on a strong note, reaching nearly USD 6.51 billion in January, a rise of 29.5 per cent year on year.

A new aviation financial hub has been launched in HCM City, aiming to mobilise more than USD 6.1 billion in initial capital and position the country as an emerging centre for aviation finance.

Phase 1 of the Hon Trau wind power plant is designed to have a total installed capacity of 750 MW, with an estimated annual electricity output of around 2.8 billion kWh.

Vietnam’s state-owned Binh Son Refining and Petrochemical JSC has signed cooperation documents with major US energy firms to explore crude oil and biofuel supplies.

Ha Long Canfoco has reported a sharp loss in the fourth quarter of 2025 amid cost pressures and market backlash.

Vietnam has allowed foreign investors to trade securities through global brokerage institutions and permitting foreign fund management companies to open two trading accounts.

The first Spring Fair 2026 opened in Hanoi on February 2, featuring unique cultural displays from across Vietnam.

PM Pham Minh Chinh and Speaker of the Jordanian House of Representatives Mazen Turki El Qadi have agreed that both nations should work toward boosting bilateral trade to USD 1 billion by 2035.

Vietnam has added three new billionaires after two executives at Vingroup and the chairman of VPBank appeared in Forbes’ real-time billionaire rankings, bringing the country’s total to eight.

Vietnam is emerging as one of the world’s top 15 developing destinations for foreign direct investment, with billion dollar inflows from Taiwan and Japan targeting finance, banking and insurance.

Vietnam’s Manufacturing PMI stood at 52.5 in January, still pointing to improving business conditions, as output, new orders and employment rose and business confidence climbed to a 22-month high.

Ho Chi Minh City’s planned Cai Mep Ha Free Trade Zone (FTZ) is expected to be connected by rail to Long Thanh International Airport and the wider Asia economic corridor.

VinFast on January 31 officially unveiled its international business strategy for electric scooters, identifying five initial key markets: the Philippines, Indonesia, India, Thailand and Malaysia.

Restaurants and cafes in central Hanoi are reshaping their business models as stricter urban enforcement ends the long-standing practice of placing tables and chairs on pavements.

The Ministry of Agriculture and Environment said congestion of farm produce and food at several border gates following the new food safety decree has largely been resolved.

In the fourth quarter of 2025, the airline recorded consolidated revenue of VND 32.34 trillion (USD 1.3 billion), up 12 per cent year-on-year.

The Asian Development Bank (ADB) and the State Bank of Vietnam (SBV) on January 30 jointly launched a USD 2 million  initiative on green banking capacity development.

Twenty seven enterprises have received certificates as Outstanding Vietnamese suppliers 2025 from the Vietnam Chamber of Commerce and Industry, recognising excellence across key industrial sectors.