Business

BIDV has raised deposit rates for the second time this month, widening its lead among Vietnam’s four largest state-owned lenders as competition for savings intensifies.

A dedicated general aviation terminal for private aircraft is included in a nearly VND 39.4 trillion (USD 1.5 billion) expansion plan for Cam Ranh International Airport in Khanh Hoa Province.

After surpassing 600,000 vehicle sales in 2025, Vietnam's automobile market is expected to enter a temporary saturation phase in 2026 amid intensifying competition and growing market pressures.

The Ministry of Construction has proposed that Hanoi be appointed as the lead agency for two national railway projects worth nearly VND 37.2 trillion (USD 1.4 billion).

A thunderstorm accompanied by a whirlwind swept through a durian-growing area in Lam Dong Province, toppling dozens of trees and causing around 50 tonnes of fruit to fall.

Phu Tho Province has proposed a nearly VND 16 trillion (USD 610 million) road project linking the Noi Bai-Lao Cai and Hoa Binh-Son La expressways.

Ho Chi Minh City has added a new metro project linking Binh Duong and Ben Thanh to its priority investment list as it seeks to complete 200km of urban rail by 2030.

Vietnam's sugar industry is facing mounting pressure as widespread smuggling and oversupply push domestic sugar prices to their lowest level in three years.

Can Tho aims to complete 3,000 social housing units in 2026, meeting a target assigned by the government as the city accelerates project approvals and investor selection.

Vietnam's central bank has proposed expanding authorised foreign currency exchange services to tourist areas and other locations popular with international visitors.

The number of people applying for unemployment benefits in HCM City fell sharply in the first five months of 2026, reflecting an improving labour market and stronger hiring demand.

Vietnam has cut retail fuel prices across the board, with E10 biofuel recording a drop of more than VND 1,300 per litre.

A container train carrying nearly 1,000 tonnes of PVC is en route from Qinghai Province in China to Dong Nai, marking the first direct rail freight connection between the two localities.

Electricity demand in northern Vietnam has surged by more than 28 per cent, pushing the region's power system close to its operating limit, Industry and Trade Minister Le Manh Hung.

Hanoi has ordered local authorities to complete land clearance and utility relocation for nine bridge projects spanning the Red River and Duong River by June 30.

Strong foreign investment, a rebound in manufacturing and resilient consumer spending helped drive Vietnam's economic recovery during the first five months of the year.

Higher electricity and water consumption during a prolonged heatwave contributed to a rise in Vietnam's consumer prices in May.

Police in Bac Ninh have arrested three bean sprout producers accused of using a banned chemical to accelerate growth and improve appearance, with nearly 1,000 tonnes of products sold to the market.

Authorities in Dong Nai Province have approved a land clearance and resettlement project covering more than 1,164 hectares near Long Thanh International Airport to prepare land for future auctions.