Business News

Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.

On September 21, at the Ministry of Finance headquarters in Hanoi, Deputy Minister Nguyen Duc Chi held talks with a delegation from the Central Social Work Department of the Communist Party of China Central Committee, led by Zhao Shitang, Deputy Minister of the department. Deputy Minister Chi warmly welcomed the delegation and highlighted the significance of the visit in learning about Vietnam’s management of the non-state business sector, particularly the registration, management, and operation of private enterprises.

Phu Tho plans to allocate VND137.035 trillion (US$5.271 billion) in public investment capital for the 2026-2030 period, up roughly 27% from 2021-2025, while the overall number of projects is expected to fall by at least 30%. Under the proposed medium-term public investment plan for 2026-2030 funded by the state budget, Phu Tho's total public investment capital is projected to reach VND137.035 trillion (US$5.271 billion), with VND119.084 trillion (US$4.580 billion) coming from the local budget.

Vietnam’s manufacturing sector continued to improve in August 2026, with output growing at its fastest pace in more than two years and new orders recording their strongest increase since October 2025. This improvement came as foreign direct investment (FDI) inflows into manufacturing continued to grow strongly, showing that the industrial sector’s recovery is being supported by both short-term orders and long-term investment flows.

Vietnam’s budget revenue from import-export activities reached VND352.766 trillion (US$13.568 billion) in the first eight months of 2026, up 17.4% from the same period in 2025. Alongside the growth in goods trade, the customs sector is accelerating administrative reforms, digital transformation and risk control to facilitate businesses while securing revenue.

The country has the world's sixth-largest pig herd and second-largest waterfowl population, while its animal feed and veterinary medicine industries rank among the largest in Southeast Asia. The livestock industry is facing mounting pressure to shift away from growth driven mainly by herd expansion towards higher-value products, stronger brands and greater export competitiveness amid the impacts of climate change, diseases, environmental issues and increasing competition, experts have said.

Lâm Đồng Province aims to raise the digital economy’s contribution to around 30 per cent of its gross regional domestic product (GRDP) by 2030, as part of a five-year plan to develop digital economy and society issued recently. Under Plan No. 15358/KH-UBND, the province targets more than 60 per cent of small- and medium-sized enterprises (SMEs) to adopt digital technologies by 2030 while increasing the value of cashless payments to 30 times its GRDP.

An Giang Province plans to expand e-commerce in its border and mountainous areas over the 2027–30 period, using online sales to open up new markets for its products and strengthen trade with Cambodia. The Cửu Long (Mekong) Delta province shares a long land border with Cambodia and has four international border gates.