Business

Vietnam's social housing programme reaches 77 per cent of target

Vietnam has completed, started construction or approved investment for social housing projects equivalent to 77 per cent of its target under a programme to develop more than one million homes by 2030.

Ho Chi Minh City leases land for USD 508 million data centre

Ho Chi Minh City has leased nearly five hectares of land in its High-Tech Park for the development of a USD 508 million data centre backed by Singaporean investors.

Phu Cat Airport readies for first international flights

Phu Cat Airport in Gia Lai Province is nearing completion of its second runway, with calibration flights planned for early September and commercial operations expected from October.

Metro link to Long Thanh Airport planned for speeds of 120km/h

The proposed metro line linking Ho Chi Minh City with Long Thanh International Airport is designed for speeds of up to 120km/h and could operate without drivers.

Airlines offer nearly 1 million seats for National Day holiday

Vietnamese airlines will offer nearly one million seats on key domestic tourism routes during the five-day National Day holiday, up 10 per cent year on year.

VATM handles over 578,600 flights in seven months

Vietnam Air Traffic Management Corporation (VATM) handled 578,649 flights in the first seven months of 2026, up 6.7 per cent year on year and equivalent to more than 56 per cent of its annual target.

Vietnamese workers face fines for overstaying abroad

Vietnamese workers who unlawfully remain overseas after their employment or vocational training contracts end could face fines of up to VND 100 million (about USD 3,900) from September 10.

Vietnam raises fuel prices as global oil market climbs

Vietnam increased retail fuel prices on August 20, ending two consecutive reductions as global crude oil prices continued to rise.

Vietnam Airlines Group offers 3.7 million seats for 2027 Tet holiday

Vietnam Airlines Group will open bookings on August 25 for nearly 3.7 million seats over the 2027 Lunar New Year, up 11 per cent from the previous Tet holiday.

Vietnam pangasius faces US hurdles as China demand accelerates

Vietnam's pangasius exports are coming under pressure from higher US tariffs, but shipments to China and several other markets are accelerating, keeping overall growth on a positive trajectory.

Vietnam spends USD 800 million importing rice in seven months

Vietnam imported about USD 800 million worth of rice in the first seven months of 2026, despite being one of the world's leading rice exporters, mainly to supply food processors.

HCM City central apartment prices reach VND 1 billion per square metre

Apartment prices in central Ho Chi Minh City are rising sharply, with a luxury development near Ben Thanh Market reportedly priced at about VND 1 billion per square metre.

Hanoi seeks investor for 75ha urban project near Thang Long Boulevard

Hanoi has approved bidding documents to select an investor for a 75ha urban development project near Thang Long Boulevard, with an estimated investment of VND 20.246 trillion (USD 764 million).

Hung Yen plans VND 2.5 trillion social housing project

Hung Yen Province plans to develop a social housing project worth more than VND 2.5 trillion (USD 95 million), providing nearly 1,300 apartments as it seeks to expand affordable housing supply.

HCM City seeks international funding for 700km metro network

Ho Chi Minh City is seeking IFC support to mobilise international capital for its metro network, Can Gio transshipment port and other major infrastructure projects.

Vinh Long commune takes flowers, seedlings to TikTok Shop

Cho Lach Commune has become the first locality in Vinh Long Province to launch an e-commerce commune model, bringing its seedlings, ornamental flowers and other local products to TikTok Shop.

Heatwave pushes up Vietnam's peak power demand

Vietnam's peak power demand rose 8.8 per cent week on week as widespread heat across the north and north-central region drove up electricity use.

Hanoi warns transport operators against holiday fare hikes

Hanoi has ordered passenger transport operators not to raise fares without approval as it prepares for increased travel demand during the five-day National Day holiday.

Direct Cam Ranh-Dong Hoi flights launched

A new direct air service between Cam Ranh and Dong Hoi airports was launched on August 16, strengthening links between Khanh Hoa and Quang Tri provinces.

HCM City plans 100-year maritime outlook for Can Gio-Vung Tau link

HCM City is studying maritime traffic and shipping channels with a 100-year outlook as it develops the Can Gio-Vung Tau sea crossing, which is designed to have a lifespan of more than a century.

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