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Moody's upgrades unsecured ratings of 15 Vietnamese banks
Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings and senior unsecured ratings of 15 Vietnamese banks at Ba3 positive.
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Vietnam likely to get better rating position in future: expert
Vietnam is the only country in the Association of Southeast Asian Nations (ASEAN) in the ‘BB’ rating category to gain positive rating momentum in 2021 and this is a reflection of the country's economic strength and resilience.
Vietnam strives to raise credit rating by 2030
Continuing to improve the national credit rating will improve Vietnam's credit profile, and create a spillover effect for the economy as a whole.
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Domestic businesses promote mergers to enhance competitiveness
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.
Government moves to remove bottlenecks, drive double-digit economic growth in 2026
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.
Vietnam, TFO Canada move towards strategic trade partnership
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.
Reference exchange rate rises 3 VND at week’s beginning
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 records strongest five-month growth in four years
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 cashless payment value reaching 30 times GDP by 2030
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.
Charging infrastructure key to Vietnam's electric mobility transition
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.
Vietnam’s overseas investment rises 2.5-fold in Jan-May
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.
Ho Chi Minh City seeks to unlock potential of night-time economy
Despite its vibrant lifestyle and strong demand for entertainment, Ho Chi Minh City’s night-time economy has yet to realise its full potential.
Building materials sector pushed beyond raw extraction
Rising costs, carbon pressure and supply shortages are forcing the construction materials industry towards greener and higher-value production.
Hanoi bets on aviation network to power economy
The capital’s newly approved master plan places aviation infrastructure at the centre of long-term economic development, with a second international airport and low-altitude transport network expected to reshape urban growth, logistics and high-tech industries.
Vietnam, Canada agree on economic cooperation direction for new period
Vietnam - Canada economic ties are growing at a healthy clip, with two-way trade nearing 8.6 billion USD in 2025 and maintaining strong momentum since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect.
Vietnam’s Southeast risks losing grip on quality FDI without regional connectivity
As the nation’s most dynamic economic engine, the Southeast accounts for the lion’s share of FDI, hosting nearly 23,000 projects worth more than 205 billion USD. With global supply chains in flux, the region has moved quickly to ride the relocation wave, attracting a long list of multinational corporations.
VinFast showcases comprehensive EV ecosystem at Philippines International Motor Show
Against the backdrop of the rapidly growing Philippine EV market, VinFast remains committed to building a comprehensive ecosystem that supports the country’s green transition and contributes to the development of a sustainable transportation future.
Vietnamese electric taxi service launched in India
The launch of Green SM Limo in India further expanded the company’s international footprint and brought its all-electric mobility model and service standards, already established in several markets, to users in one of the world’s most dynamic economies.
Vietnam, Cambodia, Laos promote border trade connectivity
The Mekong Delta spans more than 40,500 sq.km, holds roughly 18 million people and shares a nearly 386km border with Cambodia, making it a key gateway to the Greater Mekong Sub-region. An Giang has emerged as a major agro-fisheries hub, with seaports and strategic trade hubs delivering maritime advantages and creating a seamless corridor to Cambodia and beyond.
Fifth Vietnam Fruit Week 2026 opens in Dong Thap
Vietnam Fruit Week 2026 is being held simultaneously at GO!, Tops Market and mini go! supermarkets nationwide from June 4–7, offering discounts of up to 50% on dozens of fruit products, alongside promotional activities and livestream sales programmes.
Hanoi apartment boom loses momentum
Hanoi’s once red-hot apartment market is showing clear signs of cooling, with slowing liquidity and cautious buyers forcing many short-term investors to retreat after years of rapid gains.
RoK medical equipment firms eye stronger export to Vietnam
The K-Med Expo, organised annually since 2023 by KINTEX and the Korea Medical Devices Industry Association, attracts around 300 Korean medical device companies each year. For this year’s consultation conference, KOTRA invited about 100 buyers, including Vietnamese hospitals and medical equipment distributors, to meet with 71 Korean exhibitors.
WB sees potential for Vietnam's double-digit growth goal
Vietnam is among those few emerging market economies where an immense array of reforms is currently unfolding, generating considerable excitement and optimism. The reforms that the Government has been pushing over the last two years are the most significant since the Doi Moi (Renewal) era – a comprehensive, fast-paced reorganisation and restructuring of the state that could be potentially transformative if implemented well.
