Business

Property owners in Ho Chi Minh City are cutting asking prices sharply, but high interest rates and weak demand continue to weigh on the housing market.

Dutch development bank has committed funding for a major agricultural processing centre in Vietnam's Central Highlands aimed at boosting exports.

Lam Dong Province is seeking investors for a major coastal road project expected to boost tourism, expand urban areas and strengthen the province's coastal economy.

Hanoi aims to deliver up to 27,000 social housing units in 2026, exceeding the minimum target of 18,700 homes assigned by the prime minister.

Tay Ninh Province is preparing to invest VND 7.6 trillion (USD 290.46 million) in the first phase of a strategic road linking the Moc Bai industrial corridor with the Xuyen A route.

Developers of Long Thanh International Airport are seeking an additional 2,000 workers to keep the flagship infrastructure project on schedule for opening later this year.

Standard Chartered has raised its forecast for Vietnam's economic growth in 2026, citing resilient domestic demand and continued government support for the economy.

Seventeen Airbus A321neo aircraft in Vietnam remain out of service because of ongoing shortages of Pratt & Whitney engines, aviation authorities said.

Vietnam secured two bronze medals and a teaching award on its first appearance at the 2026 International Economics Olympiad in China.

Several diamond retailers in Ho Chi Minh City have suspended operations as a surge in customer buy-back requests strains liquidity following a major diamond smuggling investigation.

As durian harvest peaks in the Central Highlands region, experienced buyers judge ripeness by sound, a skill that can earn them more than VND 1 million (USD 38) a day.

Vietnam generated nearly USD 1 billion from pepper exports in the first six months of 2026, with the United States remaining its largest overseas market.

Vietnam's aviation market expanded in the first half of 2026, driven by strong international travel despite persistent operational and infrastructure pressures.

Danang City will host its first international Ngoc Linh ginseng festival next month as the city seeks to promote the country's prized medicinal herb and expand the country's herbal medicine industry.

New apartments priced below VND 50 million (USD 1,910) per square metre are becoming increasingly rare in Ho Chi Minh City as analysts expect prices to keep rising.

HCM City has proposed cutting power and water supplies to illegal buildings and businesses that breach fire safety rules under a draft resolution.

A new direct air route linking Dong Hoi in Quang Tri Province with Cam Ranh in Khanh Hoa Province will begin operations on August 16, with three return flights a week.

Vietnam has increased retail fuel prices from 3 pm on July 16, with diesel recording the sharpest rise, after one round of price cuts.

Hanoi has approved a plan to expand its night-time economy, targeting the sector to contribute about 5 per cent of the capital's gross regional domestic product (GRDP) by 2030.