Vietnam and New Zealand target $3 billion in bilateral trade

Vietnam and New Zealand target $3 billion in bilateral trade

Vietnamese Prime Minister Le Minh Hung and New Zealand Prime Minister Christopher Luxon agreed to strengthen economic, trade, and investment ties during talks on May 20, aiming for $3 billion in bilateral trade.
Q1 bank earnings surge on credit recovery, but market risks loom

Q1 bank earnings surge on credit recovery, but market risks loom

Many banks posted strong first-quarter profits as lending and fee income rebounded sharply, though exchange-rate volatility and rising funding costs threaten to test growth sustainability in the months ahead.
Vietnam reaffirms macroeconomic stability as Fitch Ratings conducts review

Vietnam reaffirms macroeconomic stability as Fitch Ratings conducts review

On May 19, Deputy Minister Tran Quoc Phuong held a working session with a delegation of experts from Fitch Ratings.
Persa Place fully sold as Springville extends sellout streak in Nhon Trach

Persa Place fully sold as Springville extends sellout streak in Nhon Trach

With all 420 apartment units snapped up on launch day and booking demand vastly outstripping supply, Persa Place – the first high-rise precinct within Gamuda Land’s Springville township in Nhon Trach – has set a new market benchmark, marking the development's second straight rapid sellout in southern Vietnam.
Coffee sector shifts to deep processing as export markets demand more

Coffee sector shifts to deep processing as export markets demand more

Pressure from key export markets is pushing Vietnamese coffee businesses to move from raw exports to deep processing to boost value and supply chain position.
PV Power shakes hands with SK Group on Quynh Lap LNG thermal power plant

PV Power shakes hands with SK Group on Quynh Lap LNG thermal power plant

On May 18, Nghe An People’s Committee and a consortium comprising PV Power, Nghe An Sugar Company (NASU), and SK Innovation held a ceremony to launch technical infrastructure works for the Quynh Lap LNG thermal power plant.
Vietnam maintains stable AI outlook in 2026 survey

Vietnam maintains stable AI outlook in 2026 survey

Vietnam's overall AI score held steady, moving from from 58.5 points in 2025 to 58.4 points in 2026, according to the 2026 WIN World AI Index, released to coincide with World Telecommunication Day on May 17.
International consultants eye Vietnam’s North-South high-speed rail feasibility contract

International consultants eye Vietnam’s North-South high-speed rail feasibility contract

Vietnam’s Ministry of Construction is conducting market consultations and promoting bidding information to domestic and international consulting firms for Package TV02, the consultancy service for preparing the feasibility study of the North-South high-speed railway.
Ministry of Finance and ADB push for efficiency in foreign-funded projects

Ministry of Finance and ADB push for efficiency in foreign-funded projects

The Ministry of Finance and Asian Development Bank (ADB) are stepping up coordination with central localities to accelerate project implementation, improve foreign loan utilisation, and mobilise financing for green and climate-resilient infrastructure.
Vietnamese businesses enter new era of AI-driven management and operations

Vietnamese businesses enter new era of AI-driven management and operations

AI is no longer viewed merely as a supporting tool, but is increasingly becoming an operational foundation that directly influences how organisations make decisions, design workflows and structure management systems, a conference has heard.
Vietnam Customs accelerates AI and digital transformation

Vietnam Customs accelerates AI and digital transformation

Vietnam’s Minister of Finance Ngo Van Tuan has assigned two key priorities to the customs sector: completing the institutional framework and accelerating the deployment of digital customs, as the country faces mounting customs clearance pressure alongside increasingly complex cargo control requirements.
HalalViet centre launched to help Vietnamese firms tap global market

HalalViet centre launched to help Vietnamese firms tap global market

The launch of the HalalViet Promotion and Experience Centre in Hanoi on May 15 marks a broader effort to build a long-term and systematic approach for Vietnamese businesses to penetrate the rapidly growing global Halal economy.
Major retailers post strong growth as consumer demand rebounds

Major retailers post strong growth as consumer demand rebounds

Vietnam’s leading retailers reported strong first-quarter earnings growth as consumer demand gradually recovered and modern retail channels gained momentum, though analysts warn inflationary pressures could temper spending ahead.
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