Business News

The two-tier local government model, which simplifies administrative structures, is creating new opportunities for businesses by reducing time and operational costs, allowing for bolder investment and expansion, according to experts. The streamlining of administrative structures following the reorganisation of provincial units is beginning to yield clear improvements in the investment and business climate.

Motorcycle sales in Vietnam rose 6.4% in the first half of this year from a year earlier, backed by price cuts and promotions, industry data showed. The Vietnam Association of Motorcycle Manufacturers (VAMM) said its five members – Honda, Yamaha, Piaggio, SYM and Suzuki – sold a combined 1.28 million units in the period.

Around VND268.1 trillion in public investment had been disbursed by June 30, equivalent to 32.5% of the annual target, up from 28.2% in the same period last year, according to the Ministry of Finance. As of June 30, ministries, central agencies, and local authorities had allocated and assigned detailed spending plans totaling VND817.8 trillion, equivalent to 98.7% of the total plan approved by the prime minister.

Việt Nam is gradually transforming from a manufacturing hub into a regional centre for high-tech innovation. The country currently ranks fifth in the world for electronics, computers and components exports, and second globally for mobile phones and components exports. The export turnover of electronics reached US$134.5 billion last year.

Following its merger with Bình Dương and Bà Rịa-Vũng Tàu provinces early this month, the new HCM City is targeting US$10.44 billion in foreign direct investment this year. To achieve this goal, it is implementing a range of measures to foster a more transparent and streamlined investment environment for both domestic and foreign investors.

Vietnam is fast becoming a prime hotspot for data centre investment in Asia-Pacific, offering the region’s second-highest yield-on-cost after Singapore, according to a new report from Cushman & Wakefield. The Asia-Pacific Data Centre Investment Landscape report from July 10 found Yield on Cost (YoC) on data centre investments in Vietnam to be in the range of 17.5 to 18.8 per cent, behind Singapore’s 21 to 23 per cent.

The total number of cars sold by the Vietnam Automobile Manufacturers Association (VAMA)’s members in June 2025 reached 31,977 vehicles, up 9 per cent over May and up 20 per cent over the same period in 2024. Passenger cars accounted for the largest number of sales with 22,934 vehicles, up 14.6 per cent over the previous month.

Coffee has once again emerged as a star performer among agro-forestry-fishery exports in the first half of 2025, with both volume and value registering strong growth despite ongoing global challenges in supply and climate conditions. According to the Ministry of Agriculture and Environment (MAE), Việt Nam exported an estimated 953,900 tonnes of coffee worth US$5.45 billion in the first six months of 2025, increasing by 5.3 per cent in volume and 67.5 per cent in value compared to the same period in 2024.