Business News

According to the Vietnam State Treasury (VNST), disbursements through its system totaled VND188.832 trillion out of the VND923.098 trillion public investment plan for 2026. Domestic capital accounted for VND186.6 trillion, or 20.6% of the assigned target, while foreign-funded capital reached VND2.232 trillion, equivalent to 12.6%.

The HCMC People’s Council has approved a series of major transport and urban redevelopment projects under public-private partnership (PPP), with preliminary investment estimated at nearly VND155 trillion. Resolutions passed at the closing session of the council’s third meeting for the 2021-2026 term on June 19 included two flagship transport projects.

Ho Chi Minh City collected more than VND500 trillion in state budget revenue in the first six months of 2026, equivalent to nearly 62% of the full-year target, while industrial production and foreign investment surged following the city‘s administrative merger with the former provinces of Binh Duong and Ba Ria-Vung Tau. 

Vietnam continues to strengthen its position as a preferred destination for high-tech manufacturing investment. Most recently, LG Innotek signed an investment agreement with Hai Phong City to develop a new semiconductor substrate manufacturing facility, marking the company's first semiconductor substrate production project in Vietnam.

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Xenus Technology International (Vietnam) Limited, a Hong Kong-based IT solutions provider with over a decade of experience, has officially established its Ho Chi Minh City office on 8 May 2026. Serving over 3,000 clients, Xenus brings Hong Kong technology expertise to Vietnam with end-to-end IT solutions across multi-cloud, cybersecurity, infrastructure, networking, and managed services.

According to the Ministry of Tourism of the Kingdom of Cambodia, holders of passports issued by the People's Republic of China (PRC), including Mainland China, Hong Kong, and Macau, will be eligible for temporary visa-free entry to Cambodia from 15 June to 15 October 2026. The temporary measure is expected to facilitate tourism, business travel, and people-to-people exchanges between Cambodia and Chinese-speaking markets, including Hong Kong and Macau.

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