The projects are expected to help optimise the use of existing reservoir infrastructure, supplement clean electricity supplies for the national grid, and support the development of green energy in line with the revised Power Development Plan VIII.
Cities like Ho Chi Minh City need to improve resource efficiency and pursue sustainable high-rise development strategies amid increasingly limited resources.
Belarusian Consul General in Ho Chi Minh City Alexander Sidoruk said his working visit to Can Tho city exposes ample untapped economic potential. The Belarus side brings strengths in exporting fertilisers, crop protection chemicals, agricultural equipment, and high-tech products, and is interested in importing Vietnamese rice, coffee, rubber, seafood, and dairy products.
Retail fuel prices were simultaneously reduced from 15:00 on May 14 following the latest adjustment by the Ministry of Industry and Trade (MoIT) and and the Ministry of Finance, with E5RON92 biofuel recording the sharpest decline.
According to the Saigon Hi-Tech Park (SHTP) management board, Intel has relocated part of its production line from Costa Rica to SHTP as part of its global manufacturing restructuring strategy aimed at improving efficiency and competitiveness.
The certified rice has not only been exported to Japan but also reached markets in Europe and Oceania.
Many Moroccan businesses expressed interest in establishing long-term direct import partnerships with Vietnamese manufacturers, particularly in agricultural products, processed foods and consumer goods.
For biofuels, particularly E10, to develop successfully, stronger and more coordinated policies are needed, especially pricing mechanisms capable of creating a sufficiently attractive gap between E10 and mineral-based petrol, an expert has said.
Some argue that removing conditions entirely could lead to an influx of low-cost imports and weaken domestic production capacity, while others say the current system imposes unnecessary costs and slows innovation.
Singapore’s banks are expanding their presence in Vietnam to seize opportunities from the market’s increasing integration into Asian trade and surging corporate financing needs.
As the economy increasingly shifts towards knowledge-based growth, innovation and digital transformation, demand for IP and technology valuation is becoming more urgent.
The State Bank of Vietnam set the daily reference exchange rate at 25,126 VND/USD on May 14, up only 3 VND from the previous day.
Vietnam cements its position as the world’s second-largest coffee producer and leading robusta supplier, latest data by the United States Department of Agriculture (USDA) showed.
Companies that register industrial designs in both Vietnam and export markets, with properly licensed software, have significantly strengthened their competitiveness and tripled profit margins compared to five years ago.
Da Nang's foreign direct investment (FDI) attraction showed strong growth, reaching 237.7 million USD, double the level recorded a year earlier. The city granted licences for 47 new FDI projects, approved capital adjustments for 16 projects and recorded 10 transactions involving capital contributions and share acquisitions in economic organisations.
The FDI sector remains a key pillar of Vietnam’s economy, with more than 46,500 valid projects and total registered capital exceeding 543 billion USD so far. Disbursed capital has reached around 357.6 billion USD. The FDI sector contributes over 20% of GDP, accounts for around 70% of total export turnover, and creates jobs for millions of workers. Vietnam continues to rank among ASEAN’s leading FDI destinations despite global investment slowdowns.
Honda Vietnam called for reduced registration fees for hybrid vehicles to a maximum of 50% of the level applied to internal combustion engine vehicles of the same category. The company also called for stronger support for supporting industries and higher localisation rates in electric motorcycle production.
A recent PM directive set a May 10 deadline for ministries, agencies and localities to complete detailed allocations of the 2026 public investment capital plan.
A Party official has urged the Vietnamese business community to improve corporate governance, technological capacity, production standards, workforce quality and international connectivity to strengthen ties with the FDI sector.
Arkia Israeli Airlines on May 12 announced plans to launch direct flights from Tel Aviv to Ho Chi Minh City, marking a further expansion of the carrier’s operations in Vietnam.
