Business News

Central Highlands province Gia Lai attracted 168 new investment projects with total registered capital of nearly VNĐ165 trillion (US$6.3 billion) in the first half of 2026, putting it within reach of its annual investment target. According to the provincial Department of Finance, as of the end of June, the province had licensed 168 new projects with total registered capital of VNĐ164.9 trillion, achieving 98.8 per cent of the provincial People's Committee's target of 170 projects for the year.

The textile and garment industry generated an estimated trade surplus of nearly US$10 billion in the first six months of this year, despite weak global demand, intense price competition and continued reliance on imported raw materials. The industry is aiming to achieve its full-year export target of $48 billion. According to the Vietnam Textile and Apparel Association (VITAS), exports reached an estimated $22.2 billion in the first half, up 1.7 per cent from the previous year.

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.

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

Elevate your business travel rewards with our latest Double Rewards campaign from Business Plus by Cathay. Earn 2X rewards on round-trip tickets from Ho Chi Minh City and Hanoi to Hong Kong booked via the Business Plus portal - accelerating your journey towards greater benefits while supporting your organization’s continued success.