Business News

The Vietnamese government has issued Decree No. 272, providing detailed guidance for the implementation of the National Assembly’s Resolution No. 253 on special mechanisms and policies to support national energy development during the 2026-30 period, introducing financial and ownership requirements to both domestic and foreign investors seeking to develop offshore wind power projects.

Ho Chi Minh City reported strong economic growth in the first half of 2026, with gross regional domestic product (GRDP) expanding 8.55 percent year on year, according to the city's statistics office. The service sector remained the main driver of growth in the first six months, accounting for 54 percent of GRDP and expanding 8.89 percent, while the industrial and construction sector grew 8.5 percent and contributed 32.8 percent of the city's economy.

Foreign direct investment (FDI) commitments to Vietnam reached a record US$34.65 billion in the first six months of 2026, up 61 percent from a year earlier, reflecting strong foreign investor interest despite global geopolitical uncertainties, the National Statistics Office said. The total nearly matched the $38.42 billion in FDI commitments recorded for all of 2025, according to data released at a news conference on Vietnam's second-quarter and first-half economic performance.

Vietnam’s gross domestic product (GDP) grew 8.18 percent in the first half of 2026 from a year earlier, below the government’s double-digit growth target, the National Statistics Office under the Ministry of Finance said on Friday. Second-quarter GDP expanded 8.39 percent from a year earlier, accelerating from the first quarter and lifting first-half growth above the 7.63 percent recorded in the same period of 2025, the agency said at a press briefing in Hanoi.

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.