Business

Hanoi plans to simultaneously begin construction of five major metro lines on June 22, with total investment exceeding VND 1.3 quadrillion (approximately USD 49.7 billion).

Social and rental housing development is accelerating across Vietnam as local authorities and developers launch new projects to meet rising demand from low-income households and industrial workers.

Vietnam aims to establish at least 10 strategic technology companies generating more than USD 1 billion annually as part of its digital transformation ambitions.

Police in Ho Chi Minh City have busted a large-scale counterfeit Crocs operation, seizing nearly 10,000 pairs of fake sandals and prosecuting two suspects

Ho Chi Minh City will exempt more than 94,000 businesses from port infrastructure fees for three years, aiming to cut logistics costs despite a projected USD 276 million loss in budget revenue.

Japan attracted nearly 28,500 Vietnamese workers in the first six months of the year, accounting for 43 per cent of all overseas labour placements from Vietnam.

Dak Lak Province plans to unveil 257 investment projects worth about USD 40 billion as it seeks to attract capital for infrastructure, energy, urban development and services.

Ho Chi Minh City has proposed a USD 1.8 billion urban expressway linking Ho Tram and Long Thanh International Airport to boost regional connectivity and economic growth.

Hanoi police have charged two people in connection with the alleged smuggling of more than 10,000 tonnes of imported chicken feet that were sold on the domestic market without paying taxes.

Authorities in Nghe An Province have approved a VND 2.1 trillion (USD 82 million) industrial park project covering more than 170 hectares in the Dong Nam Economic Zone.

HCM City has proposed a VND 29.3 trillion (USD 1.1 billion) redevelopment project that would place part of Ton Duc Thang Street underground and expand public space along the Saigon River.

A bean sprout producer in Hung Yen Province has been charged with violating food safety regulations after allegedly using a banned growth stimulant in nearly 800 kilogrammes of produce.

Hanoi will open applications for several social housing projects from late June to mid August, including apartments priced at less than VND 1 billion (approximately USD 38,000) per unit.

Vietnam has sharply reduced retail fuel prices, with petrol falling by more than VND 1,200 per litre and diesel dropping by over VND 2,300 per litre from June 18.

Halong Canfoco has resumed operations at its Haiphong factory after a five month suspension triggered by fallout from a scandal involving more than 130 tonnes of diseased pork.

Lang Son plans to prioritise border trade, logistics and import-export services as it seeks to accelerate growth and transform its economy.

Ho Chi Minh City plans to convert 17 industrial parks into smart, AI-powered hubs as part of efforts to boost economic growth to 10 per cent in 2026.

Tolls of up to VND 1,300 (USD 0.05) per kilometre will be charged on 13 sections of the North-South Expressway under a plan approved by the Ministry of Construction.

Authorities in Tay Ninh Province have proposed fully subsidising loan interest for electric bus projects to promote green public transport.