Việt Nam News

Việt Nam is considering cutting petrol import tariffs to zero as Middle East tensions drive global oil prices above US$100 per barrel and raise concerns over domestic fuel supply.

Deputy Minister of Finance Nguyễn Đức Chi hopes US businesses, with their technological strengths and global experience, can help modernise Việt Nam’s financial infrastructure and develop technology solutions for the capital market.

The expanded foreign ownership limit will grant banks space to choose and absorb international capital, aiding credit growth and enhancing retail operations while improving non-interest income.

Việt Nam has significant advantages in developing furniture products suited to the business-to-consumer model on global e-commerce platforms such as Amazon, a seminar heard in HCM City on March 4.

The US tariff policy and Middle East conflict are forcing companies in logistics, textiles, fertilisers and rubber to accelerate restructuring efforts in order to preserve profit margins and identify opportunities amid growing risks.

The seafood industry had been heavily impacted by surging freight costs, the risk of cold chain disruptions, localised supply shortages, and price volatility across various product segments.

The facility is operated by Hòa Phát Long An Steel Products JSC and began full operations in January 2026 after the completion and synchronisation of all production equipment.

VCCI said the requirement could pose challenges for many small businesses, particularly in retail, food services and accommodation, where transactions are frequent, quick and typically of low value.

The current correction in the Vietnamese stock market largely reflects psychological factors rather than a deterioration in corporate fundamentals.

VIFA EXPO 2026 serves not only as a trade fair but also as a platform for businesses to introduce new collections, innovative designs and sustainable production solutions while strengthening partnerships with global buyers

The retail price of E5RON92 biofuel rose by VNĐ3,777 (US$0.14) to a maximum of VNĐ25,226 per litre. The price of RON95-III gasoline increased by VNĐ4,707 to VNĐ27,0

A draft circular proposes increasing the threshold to VNĐ400 million for loans issued by credit institutions and VNĐ200 million for those provided by people’s credit funds.

Beyond rental costs, investors increasingly value long-term expansion potential, synchronised infrastructure and transparent legal frameworks.

Statistics of Vietnam Customs showed that Vietnam spent more than US$1.44 billion importing 2.18 million tonnes of petroleum products in the first two months of this year, representing a sharp increase of 31.4 per cent and 43 per cent, respectively, over the same period last year. 

With Resolution 36 issued on March 6, the Government aims to ensure stable petroleum supply, maintain flexible fuel price management and optimise the use of domestic gas resources to prevent fuel shortages.

Việt Nam exported an estimated 600,000 tonnes of rice worth US$370 million in January, up 12.4 per cent in volume and 16.9 per cent in value year-on-year.

The inflow of high-quality capital is expected to underpin the city's new growth drivers and bolster its long-term competitiveness.

VinaCapital analysts believed the impact of Middle East tensions on Việt Nam’s economy will likely remain short-term and moderate, while market fluctuations could create opportunities for long-term investors to accumulate stocks at more attractive valuations.