Business

Ho Chi Minh City has approved a joint venture including China Railway Group for a USD 1.73 billion EPC contract on metro line 2, Ben Thanh-Tham Luong section.

Vietnamese fuel firms are accelerating E10 petrol sales from April, aiming to gradually replace mineral petrol under a government directive.

Vietnam Airlines reported post-tax profit of more than VND 7.6 trillion (USD 304 million) in 2025, driven by strong travel demand and its largest-ever international network expansion.

Vietnam aims to elevate its global cybersecurity standing, targeting at least three domestic firms in the world’s top 50 by 2045 under a government strategy to strengthen national cyber defence.

Vietnamese airlines will scale back routes and frequencies from April 1 as rising jet fuel prices and supply constraints force operational adjustments.

Vietnam remains one of the fastest-growing economies in Southeast Asia, with growth expected to stay strong through 2026 despite emerging headwinds.

Central Vietnam’s investment rebound is accelerating, with Danang posting a sharp first-quarter rise and Gia Lai drawing about USD 32 billion (about VND 843.04 trillion).

An Giang has begun work on a new industrial park worth VND 4.8 trillion (about USD 182 million), aimed at deep processing and high-value logistics.

Vietnam imported more than 56,500 tonnes of poultry meat from Europe in 2025, becoming Southeast Asia’s second-largest buyer after the Philippines, European Commission data showed.

Fuel producers in Vietnam say they are ready to supply E10 petrol nationwide from April, with ethanol plants increasing capacity to meet rising demand.

Vietnam’s cashew industry faces rising costs and unstable supply as firms rely on imports while farmers struggle with low yields and climate pressures.

Vietnamese firms are planning major agricultural investments in Laos and Cambodia for 2026-2030, with projects worth trillions of VND.

Vietnamese pangasius has reached a significant milestone, entering the menu of Kura Sushi, one of Japan’s largest conveyor-belt sushi chains with more than 550 outlets, in late 2025.

Foxconn has announced an additional USD 287.1 million investment in its Vietnam unit, Fulian, underscoring its long-term commitment to expanding its electronics supply chain.

Deputy PM Nguyen Hoa Binh has called on San Francisco to support cooperation and encourage investors to participate in the Vietnam International Financial Centre (VIFC).

Officials surveyed Chau Duc Commune to advance plans for new industrial zones, addressing land clearance and infrastructure challenges.

Vietnam has proposed that Iran grant priority passage to Vietnamese vessels through the Strait of Hormuz to ensure maritime safety and energy supply amid rising tensions in the Middle East.

Prime Minister Pham Minh Chinh met IMF officials in Hanoi to discuss economic prospects, policy priorities and strategies to sustain growth amid global uncertainty.

The Danang Union of Friendship Organisations (DAFO) has signed a new round of MoUs with foreign NGOs, mobilising pledged assistance worth about USD 2.79 million across various spheres.