Business News

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), seafood exports generated nearly $1.1 billion in June alone, marking a 21 per cent increase on-year and extending the sector's solid growth momentum. The figures were released by VASEP on June 30 on its website. The association said the first-half performance reflected recovering global demand and Vietnamese exporters' ability to diversify markets, optimise product portfolios, and capitalise on regions offering geographical and cost advantages.

International investors welcomed Resolution No.10-NQ/TW on developing the foreign-invested economic sector, highlighting a shift to quality foreign direct investment and the importance of reforms, capital markets, and stronger domestic suppliers. A national conference was held in Hanoi on June 30 to disseminate and implement Resolution 10, which brought together government leaders, local authorities, and representatives of international businesses and investment funds.

Ho Chi Minh City People's Committee issued Decision No.3777/QD-UBND on June 24 on the establishment and promulgation of operating regulations for high-tech agricultural zones in the city. Seven high-tech agricultural zones include the Ho Chi Minh City high-tech agricultural zone with an area of 88.17 ha; the Can Gio high-tech agricultural zone with an area of 89.74 ha; the Cu Chi high-tech agricultural zone with an area of 23.3 ha.

After three years of preparation, AP Beverage Trading Production, a Vietnamese-owned enterprise, announced its entry into the beverage market in early June, through the operation of a manufacturing plant in Dong Nai province. The initiative, with a total investment of approximately $80 million, focuses on producing bottled non-alcoholic beverages with the goal of establishing 500,000 sales points nationwide by 2030 and expanding its product presence to five international markets in the coming years.

Việt Nam's fruit and vegetable export turnover reached US$3.65 billion in the first six months of 2026, up 17.8 per cent year-on-year, making the sector one of the fastest-growing export groups in the agriculture and environment sector. According to the Ministry of Agriculture and Environment (MAE), fruit and vegetable exports were estimated at $2.18 billion in the second quarter.

The Vietnamese Government has set a target of 11.9 per cent GDP growth in the second half of 2026, betting on investment, production, reform and digital transformation to achieve double-digit economic growth for the full year. The target was set out in Resolution 168/NQ-CP issued on June 27, which updates the country's growth scenario and outlines key policy measures for the remaining months of 2026.

A seminar held last week by Tôn Đức Thắng Political School and other organisations discussed the current state of private sector development in An Giang and proposed solutions to refine institutional frameworks, improve the business and investment climate, promote innovation, drive digital and green transitions and strengthen regional linkages.

Đắk Lắk Province has broken ground on three new industrial projects at Hòa Hiệp 1 Industrial Park with a combined investment of nearly VNĐ790 billion (US$30.2 million). The projects are the Agrilong–Green World Fertiliser Plant, the Bá Hải Canned Food Processing Plant, and the Kotinochi Phú Yên Semi-Trailer and Spare Parts Manufacturing Plant. The investors are Hoang Long Vina JSC, Ba Hai JSC, and Kotinochi JSC, respectively.