Business

Autumn Economic Forum 2026 to gather 1,500 delegates

The 2026 Autumn Economic Forum is expected to bring together around 1,500 domestic and international delegates in HCM City from October 26 to October 29 under the theme “Collaboration in a New Era”.

Vietnamese spend more than USD 4.1 billion on lottery tickets annually

Vietnam's lottery market generated more than VND 1.37 quadrillion in revenue between 2013 and 2025, averaging over VND 100 trillion a year, according to the Ministry of Finance.

Amazon licensed to establish private telecom network in Vietnam

Amazon has received a licence to establish a private telecommunications network in Vietnam, allowing the company to test satellite-based connectivity equipment manufactured in the country.

Hundreds of durian trees die after prolonged rain in Gia Lai

Hundreds of durian trees in Gia Lai Province have died after prolonged rain, leaving farmers with heavy losses and forcing some to clear their orchards.

Railway raises Tet ticket refund fee to curb speculation

Rail passengers will face a refund fee of up to 30 per cent during the peak 2027 Lunar New Year travel period as the railway sector seeks to curb ticket speculation and bulk buying.

Petrol prices rise for fourth straight adjustment

Retail fuel prices rose again from 3 pm on September 24, with petrol increasing by VND 1,260-1,450 per litre.

Vietnam's meat imports surpass USD 2 billion

Vietnam's meat import bill exceeded USD 2 billion in the year to September 15, driven by a sharp rise in purchases of pork, poultry and buffalo meat, according to customs data.

Philippines ramps up durian exports, adding pressure in China

The Philippines is developing new durian varieties and expanding exports to strengthen its position against Vietnam, Thailand and Malaysia in the Chinese market.

Quang Tri approves USD 327m offshore wind power project

Quang Tri Province has approved an offshore wind project worth VND 8.507 trillion (USD 327 million), with a planned capacity of 200MW and commercial operation targeted for 2029.

ADB raises Vietnam growth forecasts for 2026 and 2027

The Asian Development Bank has raised its growth forecasts for Vietnam to 7.8 per cent in 2026 and 7.6 per cent in 2027, citing stronger-than-expected economic performance in the first half of 2026.

VNVC and Pfizer strengthen healthcare partnership in US

Vietnam's VNVC and Pfizer have exchanged a cooperation document aimed at strengthening vaccination capacity and disease prevention efforts in Vietnam.

Dragon fruit glut leaves crops unharvested in Lam Dong

Dragon fruit prices in Lam Dong Province have plunged to as low as VND 800 (USD 0.03) per kg from VND 30,000 early in the season, leaving some farmers unable to cover harvesting costs.

Foreign banks raise deposit rates, 6-month term hits 8.6 per cent

Some foreign banks have recently rolled out promotions offering high interest rates, with some paying up to 8.6 per cent a year for six-month deposits.

Phu Quoc airport plans revised ahead of APEC 2027

Vietnam's aviation authority has proposed adjustments to the development plan for Phu Quoc International Airport, including expanded aircraft parking and infrastructure upgrades ahead of APEC 2027.

Lunar New Year 2027 airfares rise as fuel prices climb

Airfares for the 2027 Lunar New Year holiday have risen by 10-20 per cent on many domestic routes, although expanding airline capacity could ease prices closer to the holiday period.

Ca Mau approves VND 818 billion solar power project

Ca Mau Province has approved a VND 818 billion (USD 31.2 million) solar power plant with battery storage, with operations expected to begin in March 2028.

India market opening boosts Vietnam durian export prospects

India's decision to allow imports of fresh Vietnamese durian could create new export opportunities and help the industry target annual export revenue of up to USD 5 billion.

HCM City to start three metro lines worth VND 260 trillion

HCM City plans to start construction of three metro lines worth more than VND 260 trillion (USD 9.9 billion) in the fourth quarter.

Floods leave Thanh Hoa pineapple farmers facing heavy losses

Nearly 300 hectares of pineapple fields in Thanh Hoa Province have been flooded after days of heavy rain, putting farmers at risk of losses exceeding VND 80 billion (USD 3 million).

Experts explain Vietnam’s record USD 23.5 billion trade deficit

Vietnam posted a record trade deficit of USD 23.51 billion in the first nine months, driven largely by imports linked to investment and production expansion.

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