Business

Authorities in Hanoi have discovered nearly 140 suspected counterfeit luxury items branded as Gucci and Burberry at a shop in Kim Lien Ward.

Vietnam had more than 652,000 multi-level marketing participants by the end of April, while industry revenue in 2025 fell 6 per cent year-on-year to approximately USD 581 million.

The Vietnamese Ministry of Agriculture and Environment has ordered urgent measures to support durian exports amid disruptions caused by testing bottlenecks and stricter import-market requirements.

Vingroup chairman Pham Nhat Vuong increased his fortune by nearly USD 10 billion in a month, strengthening his position as Southeast Asia’s richest person.

Diesel prices were cut by nearly VND 700 per litre on Thursday, while petrol prices were little changed under the latest retail fuel price adjustment.

Police Tay Ninh Province have uncovered more than three tonnes of counterfeit seasoning products bearing well-known brands including Ajinomoto and Knorr.

Vietnam spent more than USD 200 million importing meat from India in the first quarter of 2026, highlighting the country’s growing role as a major supplier to the Vietnamese market.

Hanoi has proposed temporarily closing part of the Hanoi-Thai Nguyen Expressway for building a road linking the capital with the planned Gia Binh International Airport in Bac Ninh Province.

Prime Minister Le Minh Hung ordered authorities to ensure Long Thanh International Airport begins operations in 2026.

Durian prices in Vietnam have fallen sharply, leaving many growers facing losses as farm-gate prices drop below production costs.

Moody's has upgraded Vietnam’s sovereign credit outlook from stable to positive, while affirming its Ba2 rating, the Ministry of Finance said.

Vietnam’s railway sector has opened summer ticket sales with fares up 5-10 per cent from 2025 due to higher fuel costs, while offering discounts for passengers.

Petrolimex, Vietnam's largest fuel retailer, reported a net loss of more than VND 660 billion (approximately USD 25.6 million) in the first quarter, despite a sharp rise in revenue.

Deputy Prime Minister Nguyen Van Thang has urged banks to cut lending rates to the lowest possible level to support businesses and economic growth.

Vietnam has maintained stable fuel and power supplies despite rising volatility in global energy markets driven by tensions in the Middle East, Minister of Industry and Trade Le Manh Hung said.

Vietnam’s Ministry of Health Vietnam has ordered an urgent review and recall of a2 Platinum Premium USA infant formula following concerns over potential contamination.

Ho Chi Minh City plans to begin construction on four metro projects in 2026 as it accelerates expansion of its urban transit network, according to the municipal Department of Construction.

Crystal Bay Airlines, a new entrant in Vietnam’s aviation sector, has announced recruitment for cabin crew positions as part of its expansion strategy.

Hanoi authorities have urged fuel distributors and retailers to speed up preparations for the rollout of E10 biofuel petrol ahead of a nationwide implementation deadline of June 1, 2026.