Business

SBV tightens reins as new financial hub eyes clean money flow

The SBV is gathering public comments for draft decrees on the licensing and operation of banks, foreign exchange management, AML and anti-terrorist financing at the International Financial Centre.

Sturgeon farmers in Lao Cai face heavy losses as prices plunge

Hundreds of sturgeon farms in Lao Cai Province are struggling to sell their fish as cheap imports from China flood the market.

HCM City offers branded goods on sale at metro station

Ben Thanh underground station of HCM City’s Ben Thanh-Suoi Tien metro route (Metro Line 1) will serve as one of four key venues for the City Sale promotion.

Vietnam’s rice export set to surpass 8.2 million tonnes

Despite a temporary halt in rice import from the Philippines, Vietnam’s export is expected to exceed 8.2 million tonnes for the whole year.

Vietnam’s dairy herd shrinks as growth plunges

Vietnam’s dairy herd is shrinking rapidly, with Ho Chi Minh City, once home to the country’s largest herds, seeing a decline of more than 50 per cent.

Pork prices tumble as African swine fever spreads

The outbreak of African swine fever in Vietnam has driven down domestic pork consumption, sending prices into a steep decline.

Property market rebounds despite economic storms

Vietnam’s property market is showing strong signs of recovery despite wider economic challenges, with sector-wide net profit surging nearly 130 per cent year-on-year in the second quarter of 2025.

100 local and foreign enterprises to attend Theme Park Vietnam Expo 2025

The Theme Park Vietnam Expo 2025, the only national exhibition dedicated to the theme park and amusement industry, is scheduled to take place at the ADORA Centre, HCM City, on August 27 - 28.

Vietnam catfish industry seeks policy support for domestic market

Vietnam’s pangasius catfish, often dubbed the “export king” with annual revenues worth billions of USD, has yet to secure a strong foothold at home.

Long Thanh airport job fair to offer over 3,000 positions

A job fair due to be held at Long Thanh International Airport in Dong Nai Province on August 23 will offer more than 3,000 positions for local workers and students.

Power prices set to rise as hidden costs surface

The Ministry of Industry and Trade has proposed including previously unaccounted costs in retail electricity prices to help Vietnam Electricity (EVN) reduce losses and stabilise its finances.

US businesses flock to HCM City for Vietnam International Sourcing 2025

Despite global trade uncertainties, a large number of US companies have chosen Ho Chi Minh City as a sourcing destination at the Vietnam International Sourcing 2025 (VIS 2025).

Chinese firms to visit Ho Chi Minh City in September to buy durian

Leading Chinese fruit retailers and distributors will travel to Ho Chi Minh City in September to source Vietnamese farm produce, with durian a key focus.

Acquirers of weak banks get reserve ratio incentive policy

Banks that undertake a mandatory transfer of weak banks will have their reserve requirement ratio reduced by 50 per cent from October 1 this year, according to the State Bank of Vietnam (SBV).

Cement industry set for recovery in 2025 after years of oversupply

Vietnam’s cement industry is rebounding in 2025 after two years of oversupply, with output, sales and profits rising on stronger public investment and lower coal prices.

Cement industry eyes recovery in 2025 after years of glut

The cement industry is showing signs of recovery in 2025 after two years of oversupply and weak domestic demand.

M&A activity rises to USD 786 million in July

The mergers and acquisitions (M&A) landscape in Vietnam experienced a significant uptick in July, with 34 completed transactions amounting to an impressive total of nearly USD 786 million.

Ample room for Vietnamese furniture, handicraft exports to EU

Vietnamese products, particularly home and outdoor décor, handicrafts, fashion, gifts, and lifestyle goods enjoy ample growth potential in the EU market.

Three international exhibitions simultaneously open in HCM City

The Vietnam Sport Show 2025, the Vietnam Cycle Expo 2025, and the 13th Zhejiang Export Fair simultaneously opened at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on August 14.