Business

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.

The ESG Company Tour 2026, themed "Green transition and effective governance for SMEs", was held on the morning of August 12 at the Prime Tien Phong factory in Phu Tho Province.

Ho Chi Minh City has added four housing projects to its foreign-ownership list, including the 145,600-square-metre Thu Thiem Observation Tower Complex.

Vietnamese maritime authorities found a vessel carrying about 20 tonnes of sugar without documents proving its lawful origin off the coast of An Giang Province early on August 11.

ESG Company Tour 2026 is under way at Prime Tien Phong Factory in Phu Tho Province, giving SMEs a first-hand look at green transition and sustainable manufacturing practices.

Major Vietnamese banks are launching large-scale lending programmes for small and medium-sized enterprises, offering interest rates 1-2 percentage points below normal rates.

The three-carriage Phu Quoc light rail system will use zero-emission energy, reach speeds of up to 100 km/h and carry about 4,500 passengers an hour.

VietJet Air has opened ticket sales for its new direct service between HCM City and Western Sydney International Airport, offering a 20 per cent fare discount on its Vietnam-Australia routes.

Vietnam exported 1.2 million tonnes of coffee in the first seven months of 2026, with export value falling 11.2 per cent year on year to USD 5.45 billion.

Nearly 260 hectares of land have been handed over for three road projects connecting areas in Dong Nai with Long Thanh International Airport, out of nearly 630 hectares required.

Two key bridges worth VND 36.3 trillion (USD 1.4 billion), were launched in early 2026 but are not expected to begin construction until September 2027.

Vietnam's rail sector is targeting annual transport of around 1,500 containers on an international rail freight route linking Hebei in China with Vietnam, as cross-border rail services gain momentum.

Vietnam's fruit and vegetable industry has hit a record monthly milestone, with exports exceeding USD 1 bln for the first time as processed products gain ground in demanding markets such as the EU.

Apartment prices in Hanoi have fallen sharply in some areas, with discounts reported across both mid-range and high-end developments.

Vietnamese tilapia is beginning to enter the premium seafood market in Japan and the US, with exporters targeting higher-value products such as sushi and sashimi.