HCMC TARGETS 181,000 NEW SOCIAL HOUSING UNITS BY 2030
HCMC plans to build more than 181,000 social housing units between 2026 and 2030, after completing nearly 17,900 units over the past five years, city officials said. Le Duc Anh, deputy head of the Housing and Real Estate Market Management Division under the city’s Department of Construction, said at a socio-economic press briefing in HCMC on June 4 that the city was stepping up efforts to expand social housing supply.
HCMC’S FDI JUMPS 20%, PUBLIC INVESTMENT LAGS
Ho Chi Minh City maintained solid economic growth in the first five months of 2026, with several key indicators posting strong gains, notably foreign direct investment (FDI), which increased 20.3% year-on-year. However, public investment disbursement remains a major bottleneck, reaching only 16.9% of the annual target. The figures were released by the HCMC government at a socioeconomic review meeting on June 4.
NEW MARKET ENTRANTS JUMP 42% IN FIRST FIVE MONTHS
Nearly 95,000 businesses were newly established in the first five months of 2026, up 42.1% from a year earlier, according to the National Statistics Office under the Ministry of Finance. More than 94,800 new businesses were registered during the January-May period, with total committed capital of nearly VND1.07 quadrillion, an increase of 64.8% year-on-year.
AROUND VND33.6 TRILLION RAISED FROM G-BONDS IN MAY
The State Treasury raised VND33.63 trillion from Government bond (G-bond) auctions in May, completing 72% of its second quarter issuance plan and nearly one-third of its annual target. According to data released by the Hanoi Stock Exchange (HNX) on June 4, the exchange organized a total of 17 G-bond auctions on behalf of the State Treasury during May.
OVER VND219 TRILLION IN PUBLIC INVESTMENT DISBURSED
As of May 31, Vietnam had disbursed VND219.358 trillion in public investment funds, equivalent to 21.6% of the annual plan. While the disbursement rate was unchanged from the same period last year, the result came against a record public investment target of VND1.08 quadrillion for 2026. In absolute terms, the amount disbursed was nearly VND34.82 trillion higher than a year earlier.
RETAIL SALES EXCEED VND3.18 QUADRILLION IN JAN-MAY
Vietnam’s retail sales of goods and consumer service revenue reached an estimated VND3,185 trillion in the first five months of 2026, up 11.2% from a year earlier, according to the National Statistics Office. Retail sales of goods accounted for the largest share, contributing 75.9% of the total revenue at VND2,418.1 trillion. Sales of petroleum products increased 12.7% from a year earlier, while garment sales rose 10.2% and food and foodstuff sales climbed 9.6%.
VIETNAM PLANS EXPANSION OF 15 SECTIONS OF NORTH-SOUTH EXPRESSWAY
Vietnam’s Ministry of Construction has proposed expanding 15 sections of the eastern North-South Expressway, instead of prioritizing upgrades on the busiest stretches, with construction on eligible projects expected to start in early 2027. Minister of Construction Tran Hong Minh on June 2 approved a plan to expand 15 component projects along the eastern North-South Expressway that were initially built under a phased investment approach.
QUANG NINH TARGETS VND65 TRILLION IN TOURISM REVENUE THIS YEAR
The northern province of Quang Ninh earned nearly VND27.7 trillion from tourism in the January-May period and is stepping up major events as it pursues a full-year revenue target of VND65 trillion. According to Quang Ninh’s Department of Culture, Sports and Tourism, the province welcomed more than 10.1 million visitors in the first five months of the year, including over 7.9 million domestic travelers and 2.2 million international visitors.
