Việt Nam News

The proposal would continue the set of temporary measures that reduce several tax components on fuels to zero, measures first introduced under Prime Ministerial Decision 482 issued on March 26.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, ticker: HDB) has announced plans to establish a wholly owned commercial bank at the Vietnam International Financial Centre (VIFC) in HCM City as part of its strategy to expand its network and strengthen its presence in domestic and international markets.

The Châu Pha Agricultural Production and Services Cooperative model is widely seen as an illustration of a new direction for Việt Nam’s agriculture sector, one that combines clean production practices, modern management and proactive engagement with global markets.

At the first national conference on livestock and veterinary science and technology, some 750 policymakers, scientists and industry leaders mapped out how science and innovation can transform Việt Nam’s livestock sector into a modern, sustainable industry, addressing climate and disease risks, boosting productivity and aiming for higher exports and net‑zero goals by 2030.

Top priority should be given to stabilising energy prices to ease input cost pressures and ensure supply stability – the most widely supported recommendation, chosen by 61.9 per cent of surveyed firms. Businesses urged close monitoring of global fuel prices and supply risks, along with flexible measures to curb abnormal domestic price fluctuations and secure supplies of fuel and essential materials.

Prime Minister Phạm Minh Chính has issued Decision No. 483/QĐ-TTg approving an additional VNĐ8 trillion (US$303.74 million) from the 2026 State budget estimate for advance funding for the fuel price stabilisation fund.

Enterprises are shifting toward reasonably priced, easy-to-consume products such as tra fish, tilapia, canned items and surimi, instead of focusing mainly on high-end products like large-sized shrimp, which are facing weaker demand in some markets.

Following the capital infusion, Foxconn’s total investment in Fulian will rise to nearly $668 million, while retaining 100 per cent ownership.

HCM City is set to pilot pork trading on the Việt Nam Commodity Exchange, marking the first initiative of its kind nationwide, as part of efforts to enhance price transparency, quality control and traceability in the pork market.

Việt Nam’s swift and coordinated policy response, from flexible fuel price management to efforts to diversify supply sources, has highlighted the country’s capacity for strategic adaptation in an increasingly volatile global economic landscape.

The finance ministry will lead the council, which brings together multiple ministries to assess whether revised investment proposals should proceed to the National Assembly.

Biofuels are being positioned as a key component in diversifying the national energy mix as challenges increase in petrol supply during the Middle East tension.

In an interview with Việt Nam News, Hồ Đình Thám, resident adviser to the Electricity Authority of Vietnam under the Ministry of Industry and Trade, discusses global energy trends, the country’s progress in building a competitive power market and the implications for energy security.

As global energy markets shake, Việt Nam faces a defining moment to turn vulnerability into resilience.

The timely and coordinated actions taken by regulatory authorities and the business community will not only help ease cost pressures but also ensure smooth maritime transport, and stabilise the supply of goods and energy for the economy.

The energy expert assessed that Việt Nam holds significant advantages, including abundant solar and wind resources supported by hydropower and battery storage, a growing electric vehicle industry, electrification-ready industrial sectors, and substantial biomass and bioenergy potential.

The timely and coordinated actions taken by regulatory authorities and the business community will not only help ease cost pressures but also ensure smooth maritime transport, and stabilise the supply of goods and energy for the economy.

Foreign investors continued to sell on HoSE for the 11th straight session.