Việt Nam News

The Prime Minister has urged the northern border province of Điện Biên to accelerate the development of tourism, services and its border-gate economy, while improving transport infrastructure and the investment climate to support long-term growth.

Bắc Ninh Province has set a 2030 goal for all State-owned enterprises to adopt modern, digital corporate governance as part of a sweeping restructuring to boost efficiency and transparency.

The ministry has instructed Vietnam Electricity (EVN) and power producers to use the approved price framework when negotiating and signing power purchase agreements (PPAs).

Vanguard, Blackstone, UBS and Morgan Stanley have completed their technical preparations to invest in Việt Nam through securities firms including SSI Securities Corporation and Vietcap Securities (VCI).

Under the first phase of the initiative, household and individual businesses will be able to look up tax registration information, tax obligations and other data needed to prepare tax returns directly on the iHanoi app.

If the Central Highlands harvest proceeds smoothly and issues related to growing-area and packing-house codes are resolved promptly, exports could generate an additional US$2 billion in the remaining months of the year, pushing the whole-year figure beyond $4 billion.

The 2026 Hà Nội Economic Forum, themed 'AI and e-commerce: enabling double-digit growth for Hà Nội's small and medium-sized enterprises', will be held on July 31 by the Hà Nội Department of Science and Technology and the Hà Nội Small and Medium Enterprises Association (HANOISME).

Loc Troi Seeds has signed a cooperation deal with the Myanmar Rice Federation to expand exports of Vietnamese rice varieties and agricultural technology, marking a shift towards higher-value agricultural cooperation.

With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.

Masan Group Corporation (HOSE: MSN) posted record profit in the second quarter of 2026, while its consumer arm maintained double-digit revenue growth, supported by higher sales volumes and recovering consumer demand.

The Điện Tiến Industrial Park will be designed to attract investment in high-tech industries, automobile assembly, supporting industries, mechanical engineering and energy production.

Among the companies under pressure is the Hà Nội-based Vietnam Northern Food Corporation (Vinafood 1), which has been ordered to divest investments in 14 subsidiaries and affiliates and reduce stakes in several others under a restructuring plan approved by the prime minister in late 2023.

HCM City has officially established Việt Nam's first pilot free trade zone, a 4,174-ha development anchored by the Cái Mép Hạ port area, as the country seeks to strengthen its position in regional logistics and global supply chains.

The fact that bad debts are increasing faster than credit growth is a warning sign of pressure on the asset quality of the banking system, according to one economics lecturer.

The Capital Law is giving Hà Nội greater policy space to support businesses as the city accelerates administrative reforms, rolls out special mechanisms and expands incentives for innovation and technology-driven enterprises.

According to the company, business operations were adjusted flexibly in response to market developments, helping expand market share, attract new customers.

AMRO has raised its forecast for Việt Nam's economic growth to 7.5 per cent this year, joining a growing number of international institutions that have turned more optimistic about the country's outlook.

The revisions focus on key areas, including the definition of beneficial ownership, verification of customer information, transparency of legal arrangements, risk-based customer classification and the frequency of updating customer information.