Business

Household deposits at Vietnamese banks reached a record VND 11.068 quadrillion (USD 424 billion) by the end of June, reflecting continued confidence in the country's banking system.

Dak Lak Province has opened a 400-booth exhibition featuring durian and OCOP products, bringing together more than 160 domestic and international exhibitors to promote trade and market links.

Hanoi aims to complete about 100 kilometres of urban railway by 2030 as part of a broader push to improve transport infrastructure and expand the capital's development capacity.

Canadian lobsters, king crabs and scallops are among imported seafood products gaining ground in Vietnam as lower tariffs and rising consumer demand push prices down.

Lang Son Province opened its 2026 Chestnut Festival on August 15 to promote the local speciality, boost trade links and develop agriculture-based experiential tourism.

Ly Son has about 300 hectares of agricultural land, mainly used to grow garlic and shallots. Farmers typically produce one garlic crop and two to three shallot crops each year.

About 10 Vietnamese banks have announced lending-rate cuts or preferential credit packages of up to 2.5 percentage points a year to ease funding pressures on businesses.

Hanoi Metro reported a record first-half net profit after revenue surged more than 39 per cent, driven by higher ticket sales and government subsidies.

Long Thanh International Airport is expected to require 1,032 workers for operations, with expertise in incident response, advanced technology, big data and passenger services still needed.

HCM City hotel rates rose 20 per cent year on year in the second quarter, with occupancy above 70 per cent on strong international, business and MICE demand despite fewer flights.

The nearly 58-km Ben Luc-Long Thanh Expressway is expected to fully open to traffic in September, with construction now 99 per cent complete.

Airfares to popular destinations remain widely available ahead of Vietnam's five-day National Day holiday, but prices are higher and seats scarcer on some return flights at the end of the break.

Vietnam cut petrol and diesel prices from 3 pm on August 13, following movements in global energy markets.

Vietnam's surging durian production is raising concerns about oversupply and falling prices, with output forecast to reach 2.08 million tonnes this year.

Hanoi aims to begin construction of all 114 social housing projects approved for investment this year while accelerating work on another 30 projects already under construction.

Ho Chi Minh City will break ground on 11 projects and inaugurate five others around National Day on September 2, with combined investment of about VND 249 trillion (USD 9.3 billion).

Ho Chi Minh City authorities have fined City Garden JSC VND 280 million (USD 10,800) for failing to report the sale of 148 apartments to foreign buyers.

An unauthorised drone was detected flying in central Danang and seized after its operator failed to provide a valid flight permit.

HCM City plans to begin construction on four metro lines in the fourth quarter of 2026, with completion targeted for 2030, expanding links to Binh Duong and Tan Son Nhat Airport.