Illustrative image (Photo: VNA) 
LG Innotek, an affiliate of the Republic of Korea's LG Group, has announced a plan to build its first semiconductor substrate plant in Vietnam, marking a significant step in expanding its production capacity and strengthening its semiconductor packaging solutions business.
According to the State Bank of Vietnam, nearly 87% of Vietnamese adults had bank accounts as of early this year, while the number of non-cash payment transactions has been growing by nearly 59% annually.
Vietnam’s total retail sales of consumer goods and service revenues rose 11.2% in the first five months of 2026, highlighting robust domestic consumption that continues to drive economic growth, support job creation and boost household incomes.
The State Bank of Vietnam set the daily reference exchange rate at 25,151 VND/USD on June 9, up 1 VND from the previous working day.
Although Vietnam recorded a trade deficit of nearly 14 billion USD in the first five months of 2026, the agriculture sector continued to stand out as a major contributor to external trade, generating a surplus of 7.5 billion USD, or roughly 1.5 billion USD per month.
When searching for flights on the website, eligible passengers simply need to select the passenger category “Senior Citizen (60 years and above)”, after which the system will automatically display the applicable discounted fares.
Murphy Oil has operated in Vietnam since 2012 and currently participates in and operates many important oil and gas contracts at projects such as Lac Da Vang and Hai Su Vang, which are expected to contribute additional oil and gas supplies, strengthen energy security and support Vietnam’s economic development.
Director of the Asia and Pacific Department at the International Monetary Fund (IMF) Krisha Srinivasan affirmed that the IMF will continue to accompany and support Vietnam in the development of its financial sector, thereby helping to strengthen resilience and promote sustainable growth in the years ahead.
French daily Le Monde recently reported that Vietnam’s e-commerce revenue approached 26 billion EUR (29.6 billion USD) in 2025, jumping 25% from a year earlier on the heels of a 20% gain in 2024. The sector now commands roughly 11% of total retail sales, cementing Vietnam’s status as one of Southeast Asia’s most dynamic markets.
Vietnam Airlines Group, comprising Vietnam Airlines, Pacific Airlines and Vietnam Air Services Company (VASCO), will provide nearly 5.5 million seats on domestic routes from now until August 16 to meet peak summer travel demand, including around 2.2 million seats offered at promotional fares on various routes.
May shipments, however, totaled 25,180 tonnes worth 166.2 million USD, down 18.9% by volume and 13.9% by value from April, and 4.8% lower in volume from a year earlier. Major exporters reported declining shipments, underscoring a sector-wide pullback.
While previously M&As were often considered the domain of foreign investment funds, now domestic listed companies are showing an increasingly prominent presence in the market, with ‘octopus tentacle’ strategies.
Relevant agencies were directed to promptly resolve obstacles facing major industrial projects in energy, oil and gas, manufacturing and mineral processing sectors in order to expand domestic production capacity, secure raw material supplies and strengthen economic self-reliance.
Director General of Vietrade Vu Ba Phu said the success of cooperation during 2021–2024 had laid a solid foundation for elevating bilateral ties in the new phase, with Vietrade now serving as TFO Canada’s strategic partner in Vietnam.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,408 VND/USD, and the floor rate 23,893 VND/USD.
Vietnam’s industrial production maintained strong momentum in the first five months of 2026, with the Index of Industrial Production (IIP) rising 9.1% year-on-year, the highest growth rate for the period in the past four years, according to the Ministry of Finance’s National Statistics Office (NSO).
Vietnam targets that by 2030, 95% of people aged 15 and above will have bank transaction accounts, while the value of cashless payments will reach 30 times GDP.
To date, the Ministry of Industry and Trade, in coordination with the Ministry of Science and Technology, has issued 18 standards and regulations related to charging stations, charging equipment and batteries.
In the first five months of 2026, Vietnam’s total outbound investment, including newly registered and adjusted capital, amounted to 794.6 million USD, 2.5 times higher than the figure recorded a year earlier.
Despite its vibrant lifestyle and strong demand for entertainment, Ho Chi Minh City’s night-time economy has yet to realise its full potential.
