Business

China imported more than USD 506 million worth of Vietnamese lobster in the first five months of 2026, up 44.3 per cent year on year, cementing its position as the industry's largest export market.

Investors have committed nearly USD 7.7 billion to proposed and approved projects in Quang Tri Province, as local authorities seek to accelerate development under a revised long term master plan.

Surging ocean freight rates are eroding exporters' profits, prompting businesses to call for urgent improvements to Vietnam's logistics infrastructure to ease mounting cost pressures.

Vietnam's air cargo market continued to post strong growth in the first half of 2026, driven by booming e-commerce, resilient export demand and the ongoing shift in global supply chains.

A climate investment fund worth up to USD 200 million is set to support sustainable agriculture projects across the lower Mekong region, creating new opportunities for low emission farming in Vietnam.

Vietnam's first-half FDI disbursement reached a five-year high, while total registered foreign direct investment (FDI) surged 61 per cent year-on-year to USD 34.65 billion

Vietnam registered nearly 111,700 new businesses in the first half of 2026, up 22.5 per cent from a year earlier, reflecting a continued recovery in business activity.

Vietnam's total import and export turnover reached USD 549.69 billion in the first six months of 2026, up 27.1 per cent year on year, driven by strong growth in both exports and imports.

Vietnam's economy expanded by 8.18 per cent in the first six months of 2026 from a year earlier, driven by strong industrial output, rising investment and robust trade.

Danang's economy grew by 9.52 per cent in the first six months of 2026, although the city fell short of its target of achieving double digit growth, according to local statistics officials.

Authorities in Ha Tinh have officially terminated the long stalled Thach Khe iron mine project, ending one of Vietnam's largest mining investments after years of inactivity.

Vietnam's seafood exports rose strongly in the first half of 2026, but surging container freight rates are threatening exporters' profit margins and delivery schedules.

Vietnam has shipped its first batch of tilapia fillets to Japan for use in sushi and sashimi, marking a new milestone for one of the country's fastest growing seafood exports.

Ho Chi Minh City's economy expanded 8.55 per cent in the first six months of 2026, driven by resilient consumer spending, steady industrial output, a tourism recovery and strong foreign investment.

Vietnam has lowered retail fuel prices, with petrol falling by up to VND 1,050 per litre from 4 pm on July 2 following a decision by the ministries of Industry and Trade and Finance.

The Vietnamese Ministry of Construction has estimated that VND 334.6 trillion (about USD 12.7 billion) in state funding will be needed between 2026 and 2030 to develop 12 expressway projects.

Singapore has become the latest country to connect with Vietnam's cross-border QR payment system, allowing visitors to pay by scanning VietQR codes without using cash.

Vietnam has officially been reclassified as an upper-middle-income economy by the World Bank after its gross national income per capita reached USD 4,970.

has proposed adding five airports to the national aviation development plan while dropping plans for a new international airport in Haiphong.