Category Archives: News

Hanoi targets over 11% GRDP growth in 2026 with thrift drive

Hanoi is doubling down on fiscal discipline and wastefulness elimination as it chases a gross regional domestic product (GRDP) growth target of more than 11% in 2026. Under the plan, average per capita income is set to hit VND198 million (US$7,600) a year, while state budget revenue is projected to stand at around VND546.93 trillion. […]

Agro-forestry-fishery sector targets $74 bln export turnover in 2026

China remained Vietnam’s top trading partner with a 22.3% market share. The United States ranked second at 20.6%, followed by Japan at 7.1%. Deputy Minister Phung Duc Tien delivers remarks at the Ministry of Agriculture and Environment’s regular press briefing on January 6. Vietnam’s agro-forestry-fishery export turnover in December 2025 reached an estimated $6.21 billion, […]

HCMC greenlights hybrid tech exchange to boost innovation

The project aims to develop a hybrid model, combining physical and online platforms, to serve as a key intermediary connecting technology supply and demand, while promoting commerce and innovation. Illustrative photo. The Ho Chi Minh City People’s Committee has approved the Innovation Partnership and Technology Transfer Portal (Techport) project. The project aims to develop a hybrid model, […]

Vietnam’s 2025 seafood exports hit $11.34 billion

The figure marking a year-on-year increase of 13% despite ongoing global challenges. Vietnam’s seafood export revenue surpassed $11.34 billion in 2025, representing a 13% year-on-year increase, despite ongoing global challenges, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). China and Hong Kong (China) remained the largest import markets, with combined export value […]

Vietnam State Economy Development: New Steering Committee Established

Prime Minister Pham Minh Chinh has officially established a National Steering Committee to drive Vietnam state economy development and implement Resolution No. 79-NQ/TW. Leadership and Governance Structure Specifically, the committee is a high-level strategic body led personally by Prime Minister Pham Minh Chinh. In addition to his leadership, Deputy Prime Ministers Nguyen Chi Dung and […]

Vietnam to build $1.1B bridge to connect key Mekong Delta expressways

Rendering of the Can Tho 2 Bridge. Photo by My Thuan Project Management Board Vietnam is preparing to build Can Tho 2, a major road-and-rail bridge across the Hau River with an investment of more than US$1.1 billion, with construction expected to start in late 2026 and take about five years to finish. The My […]

Construction of Vietnam’s first high-speed railway expected to start by end-2026

The North-South high-speed railway is planned to span approximately 1,541 km from Hanoi to Ho Chi Minh City with a design speed of 350 km/h. Construction of the North–South high-speed railway project – the first high-speed railway in Vietnam – is expected to kick off by the end of 2026, as instructed by the Minister […]

Vietnam becomes Singapore’s 3rd largest seafood supplier as exports gain momentum

A fisherman works on a boat in southern Ca Mau Province. Photo by VnExpress/An Minh Vietnam has seen strong growth in seafood exports to Singapore over the last two years, becoming the city-state’s third-largest seafood supplier in the first nine months of 2025. Statistics from Singapore’s Accounting and Corporate Regulatory Authority show that Vietnam had […]

Vietnam’s main holiday season to be hit by cut in shopping budgets

Consumers seem set to tighten their purse strings this Lunar New Year amid surging prices of essential items caused by a string of natural disasters this year. Ngoc Anh’s family in HCMC will not spend much during the nine-day festival in February 2026. “If I get a large year-end bonus, we might spend a little […]

Vingroup pulls out of race to build north-south high-speed railway

The planned route of the North-South high-speed rail. Graphics by VnExpress/Hoang Khanh Vingroup, the conglomerate owned by Vietnam’s richest billionaire Pham Nhat Vuong, has withdrawn its bid to build the north-south high-speed rail. The company said Thursday that the decision is meant to help focus its resources on other key infrastructure projects that have already […]