Business News

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This September, Oktoberfest Vietnam 2026 – the largest traditional German beer festival – officially returns to Windsor Plaza Hotel. Get ready for a night of non-stop excitement. Stay tuned!

The northern province of Hung Yen has proposed developing a free economic zone (FEZ) on over 60,000 hectares at an estimated cost of US$18 billion. According to the proposal to be submmited to the central Government, the Hung Yen FEZ will be developed as a strategic hub for high-tech manufacturing, new energy, and advanced logistics based on the operational 30,583-hectare Thai Binh economic zone.

Phu Tho Province aims to attract more than US$1.1 billion in foreign direct investment (FDI) and about VND70 trillion in domestic capital in 2026. The northern province sees investment attraction as a key growth driver, with a shift from volume to project quality. In 2025, Phu Tho drew about US$1.51 billion in FDI and nearly US$10 billion in domestic investment. It is currently home to 735 FDI projects worth around US$13.2 billion from 27 countries and territories.

Vietnamese travelers are leading Asia in efforts to reduce carbon footprints in tourism, with 81% considering sustainability and responsibility important, according to a 2026 survey by Agoda. The survey found that 43% of Vietnamese respondents expect sustainability to become more important over the next three years. Across Asia, 77% of travelers consider sustainability in travel planning, up from 68% a year earlier.

Prime Minister Pham Minh Chinh has ordered ministries, local authorities and state-owned enterprises to step up exports, diversify markets and strengthen logistics to support Vietnam’s 2026 growth target. Official Dispatch No. 23/CD-TTg issued on March 16 calls for coordinated measures to maintain macroeconomic stability, control inflation and address bottlenecks in import-export activities.

This strategic shift, focusing on high-impact infrastructure and technology transfer, is the centerpiece of a newly approved master plan for the 2026-2030 period under Decision No. 441/QD-TTg. The Government aims to move toward “New Generation ODA” models, including budget support and result-based disbursements, to fuel sustainable development goals.

The HCMC People’s Committee has approved a VND1.6-trillion plan to develop ecotourism, resort tourism, and entertainment services in the Can Gio protected forest. The project, which covers 34,800 hectares, of which 93.31% is forested, is intended to promote sustainable tourism and preserve the local ecosystem. Under the plan, development activities must comply with regulations in line with national and sectoral planning as well as the city’s socio-economic development goals.