Business

HCM City's Jan-Jul FDI inflows near full-year target

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 21-storey tower to replace Old Quarter apartment block

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 attracts USD 38 billion in FDI over seven months

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.

Daklak farmers prosper through durian cultivation

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

Vietnam's consumer prices fall 0.12 per cent in July as fuel costs ease

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 allocates VND 580 billion to support social housing projects

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.

Hanoi launches affordable housing project from USD 42,000

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 approves 32,000-ha coastal tourism urban plan

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 imports 200,000 tonnes of chicken in H1, mostly from the US

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 allocates 1.5 million sq.m for major urban project

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 officially opens market to Vietnamese fresh durian

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.

HCM City targets 255km of metro lines by 2030

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 raises retail fuel prices in latest adjustment

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

Hanoi unveils 19 more social housing projects

Hanoi has published plans for 19 additional social housing developments, including a 53-hectare project in Dan Phuong, the largest proposed in the latest review.

Sheraton Phu Quoc resort project officially terminated

Vietnamese authorities have terminated the long-delayed Sheraton Phu Quoc Resort project after the developer failed to complete the five-star development more than a decade after approval.

Bamboo Airways fleet shrinks to three aircraft

Bamboo Airways is operating just three aircraft, while Vietjet Air remains Vietnam's largest airline by fleet size, according to aviation data.

Tay Ninh proposes road linking HCM City Ring Road 4

Tay Ninh Province has proposed a VND 2.595 trillion (US$99 million) road project to connect HCM City's Ring Road 4 with Provincial Road 830, creating a key transport corridor in southern Vietnam.

Hanoi to host annual capital economic forum 2026

Hanoi will host the Annual Capital Economic Forum 2026 to strengthen government-business dialogue and accelerate AI and digital transformation among small and medium-sized enterprises.

New air route to link Cam Ranh and Dong Hoi next month

Sun PhuQuoc Airways will launch direct flights between Cam Ranh in Khanh Hoa Province and Dong Hoi in Quang Tri Province on August 16, operating three round trips a week.

More than 400 firms to join international sports and cycling expos

More than 400 companies from 15 countries and territories will take part in a series of international sports and cycling exhibitions in Ho Chi Minh City next month.

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