Business

Authorities in Ho Chi Minh City intensified inspections of suspected counterfeit goods on May 28, uncovering hundreds of products lacking invoices or proof of origin.

Vietnam’s Ministry of Industry and Trade and Ministry of Finance on May 28 announced sharp cuts to retail fuel prices, effective from 3 pm the same day.

Vietnam said selling E10 and RON 95 simultaneously for too long could raise fuel distribution costs and slow the country’s green energy transition.

Hanoi plans to launch several rental housing projects before June 15 to expand long-term accommodation for workers, students and other groups.

Vietnam should prioritise reforms in institutions, infrastructure, human resources, private-sector development and transition incentives to achieve sustainable double-digit economic growth.

Vietnamese businesses seeking double-digit growth must simultaneously pursue AI, digital transformation and green transition, FPT Digital chief executive Le Hung Cuong said.

ESG standards are emerging as a central pillar of Vietnam’s economic model as major sectors increasingly depend on sustainability requirements.

Dantri/DTiNews Newspaper on May 27 hosted a conference on sustainable double-digit economic growth in Hanoi as part of the Vietnam ESG Forum 2026.

Construction has begun on the first component of Hanoi’s Red River landscape boulevard project, with initial works underway at Phu Thuong Park along the Red River.

The Australian Government is supporting the construction of a pedestrian bridge across the Saigon River in HCM City through financing assistance worth VND 800 billion (approximately AUD 40 million).

A fishing boat in Ha Tinh Province hauled in more than one tonne of prized golden pompano, earning about VND 300 million (USD 12,000) after a successful offshore trip.

Vietnam’s Coast Guard has detained an iron-hulled fishing vessel found transporting 22,000 litres of diesel without valid documents off the coast of Ha Tinh Province.

Deposits from Vietnamese households in the banking system have climbed to a record VND 10.38 quadrillion, while corporate deposits continued to decline in the first month of the year.

Ho Chi Minh City has introduced contingency plans to safeguard energy security amid concerns over global supply instability, including scenarios involving severe fuel and electricity shortages.

Heavy rain and a whirlwind swept through a durian-growing area in Lam Dong Province, damaging homes and 37 hectares of orchards, with losses estimated at around VN D8 billion (USD 310,000).

Vietnam Airlines is serving Vietnamese seasonal fruits on domestic and international flights to promote regional specialties to global travellers.

Vietnam’s Ministry of Construction has approved expansion plans for Van Don International Airport and received a proposed master plan for Cam Ranh International Airport.

Vinhomes has introduced a programme allowing customers to use gold holdings in real estate transactions, aiming to unlock idle assets and stimulate investment in Vietnam’s property market.

Authorities in Bac Ninh Province have discovered more than three tonnes of pig intestines and dried pig intestines showing signs of spoilage and lacking clear origin documents at a local facility.