Business

Electricity demand in northern Vietnam has surged by more than 28 per cent, pushing the region's power system close to its operating limit, Industry and Trade Minister Le Manh Hung.

Hanoi has ordered local authorities to complete land clearance and utility relocation for nine bridge projects spanning the Red River and Duong River by June 30.

Strong foreign investment, a rebound in manufacturing and resilient consumer spending helped drive Vietnam's economic recovery during the first five months of the year.

Higher electricity and water consumption during a prolonged heatwave contributed to a rise in Vietnam's consumer prices in May.

Police in Bac Ninh have arrested three bean sprout producers accused of using a banned chemical to accelerate growth and improve appearance, with nearly 1,000 tonnes of products sold to the market.

Authorities in Dong Nai Province have approved a land clearance and resettlement project covering more than 1,164 hectares near Long Thanh International Airport to prepare land for future auctions.

Vietnam's overnight interbank lending rate surged to 11 per cent on June 1, prompting the central bank to inject additional liquidity through open market operations.

Vietnamese customs authorities have ordered the destruction of 325,000 packs of counterfeit ESSE Change cigarettes after uncovering the shipment at Lao Bao International Border Gate.

Fishermen on Tam Hai Island Commune in Danang City are harvesting brown seaweed, a seasonal marine resource that provides a valuable source of income for coastal households each year.

Nearly 25,000 new businesses were established in Ho Chi Minh City during the first five months of the year, while budget revenue and foreign investment posted strong growth.

Electricity bills for many households in Hanoi are expected to rise sharply in June as prolonged heatwaves drive record power consumption across the Vietnamese capital.

Vietnam's largest airport project is expected to begin trial operations in September, with authorities aiming for full commissioning by the end of the year.

All licensed parking facilities in Hanoi will be required to implement cashless payments from July 1 under the city's smart transport drive.

Bank branches in Vietnam that record losses for three consecutive years will face mandatory closure under new regulations issued by the State Bank of Vietnam.

HCM City has requested VND 9.63 trillion (USD 367 million) from the state budget government funding for land clearance works related to the North-South high-speed railway.

Vietnam has begun selling only E10 and E5 RON 92 biofuels from June 1, replacing conventional RON 95 gasoline as part of efforts to cut emissions and support green growth targets.

Can Tho City has launched a campaign to help farmers sell an estimated 36,000 tonnes of durian amid falling prices and weak demand that have left many growers struggling.

Hanoi has ordered fuel retailers to report remaining RON 95 inventories and sell only registered stocks ahead of the city's transition to E10 petrol from June 1.

Hanoi has proposed doubling fines for cultural and advertising violations, including penalties of up to VND 20 million for illegal advertisements on utility poles and public trees.