Business

Vietnam’s tax authority has ordered a review of 302 companies reporting annual revenues above VND 1 trillion (approximately USD 40 million) but posting losses for two consecutive years.

Vietnam’s economy is forecast to grow by 7.2 per cent in 2026 and 7.0 per cent in 2027, down from 8.0 per cent in 2025, as external risks rise amid global uncertainty, the Asian Development Bank said.

Authorities in Danang City have fined seven businesses more than VND 215 million (approximately USD 8,200) and ordered the destruction of counterfeit goods following surprise inspections.

Vietnam’s rapid growth in electric vehicles is unlikely to strain total power demand in the near term, but officials warn of potential local grid overload if charging infrastructure lags behind.

Vietnam has its first European-standard aircraft maintenance training organisation after VAECO secured EASA Part 147 certification, marking a milestone for the aviation sector.

Construction has started on a VND 2 trillion (approximately USD 76 million) industrial park in Phu Tho Province, aimed at attracting investment and boosting industrial growth.

Fuel prices in Vietnam dropped significantly on April 9 following a joint adjustment by the ministries of industry and trade and finance.

Ho Chi Minh City plans to break ground on three major port projects in April, with total investment exceeding VND 187 trillion (approximately USD 7.3 billion).

The SaigonTex-SaigonFabric 2026, an international exhibition on textile and garment industry equipment, materials and fabrics, opened on April 8 in Ho Chi Minh City.

Vietnam’s benchmark stock index surged to a one month high after FTSE Russell reaffirmed its market upgrade roadmap, triggering a broad based rally and record liquidity.

Vietnam has issued a new national strategy to promote innovation driven entrepreneurship, aiming to position start-ups as a key engine of long term economic growth.

Vietnam has inaugurated a trade promotion office in Haikou, Hainan province, in a move to deepen economic and trade ties with China.

Vietnam’s retail fuel prices fell in the latest adjustment from 3.30 pm on April 8, with diesel dropping by nearly VND 2,000 (USD 7.6 US cents) per litre.

More than 120 representatives from 52 leading US corporations will visit Vietnam from April 14 to 16, signalling strong momentum in bilateral trade and long term investment ties.

Vietnam’s stock market will be upgraded from frontier to secondary emerging status from September 21, FTSE Russell confirmed, marking a milestone after reforms to improve foreign investor access.

Vietnam's stock market is poised to enter a new development cycle, underpinned by structural reforms, market infrastructure upgrades and prospective foreign capital flows, insiders said.

Vietnam recorded a sharp rise in fuel imports in March, with volumes and value surging amid efforts to secure domestic supply.

A Becamex-Thaco consortium has proposed two metro lines linking HCM City and Binh Duong, with total investment exceeding VND 124 trillion (about USD 4.8 billion).

Vietnam will waive transport-related fees across aviation, maritime and rail sectors from April 7 to June 30 to support businesses amid rising fuel costs.