Business

Live pig prices have hit a five-year low, leaving some farmers earning just VND 80,000 (USD 3) per animal after nearly four months, excluding labour and borrowing costs.

More than VND 114 trillion (USD 4.3 billion) has been proposed for two expressway projects in the mountainous north to improve transport links and support regional economic development.

Construction is accelerating on a nearly five-kilometre road along the Cai River in central Bien Hoa, Dong Nai City, with authorities aiming to open it to traffic early next year.

HCM City plans to introduce procedures in November for investment funds entering its international financial centre, with a framework aligned with models in Singapore, Dubai and Hong Kong (China).

Budget carrier Vietjet Air has resumed direct flights between Ho Chi Minh City and Chiang Mai, Thailand, with four return services a week, boosting travel and tourism links between the two countries.

A new double-track Hanoi-Dong Dang railway with a design speed of 160 km/h and some elevated sections has been proposed under a draft plan being reviewed by Vietnam's Ministry of Construction.

Vietnamese budget carrier Vietjet has launched direct flights between Hanoi and Tainan in Taiwan, expanding its international network and strengthening air links between Vietnam and Taiwan.

ASCO Industries plans to invest an initial USD 20 million in a 6,000-square-metre aircraft components factory in Danang, with the investment potentially rising to USD 100 million.

Authorities in Hue City are dismantling illegally built beachfront restaurants and structures along Lang Co Bay to restore public access and protect the coastal landscape.

Land prices in Danang are starting to decline, while apartment transactions in HCM City fell 66 per cent in the third quarter as high interest rates kept buyers cautious.

Vietnam exported 215,733 tonnes of pepper in the first nine months of 2026, earning more than USD 1.39 billion as shipments rose, although domestic prices remained below year-earlier levels.

Tho Xuan International Airport in Thanh Hoa Province plans to build a second runway and expand its terminal and aircraft parking facilities to handle up to seven million passengers annually by 2050.

HCM City plans to begin construction of three publicly funded metro lines by late 2026, prioritising links to Tan Son Nhat International Airport and major transport hubs.

Tay Ninh Province has approved a VND 1.57 trillion (USD 60 million) road project linking key provincial routes with HCM City, aiming to ease congestion and improve regional freight transport.

Vietnam has cut retail petrol prices by up to VND 1,810 per litre while raising diesel and fuel oil prices, with the changes taking effect at 3 pm on October 22.

Vietnam Airlines will launch daily direct flights between Danang and Singapore on November 17, bringing its total services between Vietnam and Singapore to 42 return flights a week.

Dong Thap Province plans to help farmers sell over 336,500 tonnes of produce and 1.54 million Tet flower pots by early 2027 to ease oversupply and stabilise markets.

Vietnam's rice exports to Singapore rose 5.2 per cent to 118,900 tonnes in the first nine months of 2026, lifting its market share despite a decline in Singapore's overall rice imports.

Vietnam’s government has approved a master plan for Danang through 2050, including a proposed 300-320-hectare international financial centre linked to innovation and digital technology.