VIỆT NAM MUST REACH 11.9% GROWTH IN H2 TO ACHIEVE 2026 TARGET
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.
LÀO CAI BORDER TRADE SURGES, DURIAN EXPORTS HIT RECORD HIGH
Import-export turnover through border gates in the northern province of Lào Cai rose by more than 60 per cent year-on-year in the first half of 2026, driven by a sharp increase in agricultural exports, particularly durian. Export value reached US$636 million during the six-month period, up 62 per cent from a year earlier and accounting for more than half of the province's total border trade. Agricultural products remained the dominant export category, making up over 90 per cent of outbound shipments.
GOVERNMENT SETS MULTIPLE TARGETS IN LATEST FINANCIAL STRATEGY
Việt Nam's Government aims to see 50 State-owned enterprises included among the 500 largest companies in Southeast Asia, and at least one listed among the 500 largest firms in the world by 2030. These targets were set in Decision 1119/QĐ-TTg, which was recently signed by Deputy Prime Minister Nguyễn Văn Thắng.
AN GIANG TARGETS PRIVATE SECTOR AS KEY DRIVER FOR GREEN GROWTH
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.
HCM CITY STARTS CONSTRUCTION OF 6,229 SOCIAL HOUSING UNITS
Industrial developer Becamex IDC on Friday broke ground on four social housing projects in HCM City, adding more than 6,200 apartments as Việt Nam's largest metropolis aims to tackle a shortage of affordable housing. The four projects, comprising 6,229 apartments, will be developed in Chánh Hiệp and Thuận Giao wards and are intended for low-income residents, industrial workers and other beneficiaries of government housing support programmes.
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ĐẮK LẮK LAUNCHES THREE MANUFACTURING PROJECTS WORTH US$30 MILLION
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.
CẦN THƠ AIMS TO ADD 300 NEW BUSINESSES ANNUALLY BY 2030
Authorities in Cần Thơ City have set themselves an ambitious target of attracting 300 businesses each year through 2030 as part of broader efforts to strengthen the private sector as a key engine of economic growth. According to Vương Quốc Nam, vice chairman of its People's Committee, the city is implementing a comprehensive package of measures to foster a more dynamic private economy during the 2026 to 2030 period.
