Business News

Mergers and acquisitions (M&A), including capital contributions, share purchases and equity stake acquisitions, brought US$2.33 billion in foreign investment into HCMC in the first five months of the year, accounting for more than 60% of total foreign capital inflows. According to the HCMC Statistics Office, the city attracted more than US$3.8 billion in foreign investment in the first five months of 2026, up 20.3% from the same period last year.

Vietnam and the Philippines have signed a tourism cooperation program for the 2026-2029 period, creating new opportunities to boost visitor exchanges, strengthen destination connectivity, and expand cooperation in tourism development. The agreement was signed in Manila on June 1 during the state visit of Vietnam’s Party General Secretary and State President To Lam to the Philippines.

Vietnam’s agro-forestry-fishery exports reached an estimated US$30.69 billion in the first five months of 2026, up 9.2% from a year earlier, according to the Ministry of Agriculture and Environment. Imports of agricultural, forestry and fishery products rose 12.6% year-on-year to US$22.28 billion, leaving the sector with a trade surplus of US$8.41 billion, up 1.1%.

Hanoi City will hold an international market consultation next month for the over-US$1.5-billion extension of Metro Line 2A linking the city center with the satellite urban area of Xuan Mai, the Hanoi Metropolitan Railway Management Board (MRB) said. The Early Market Engagement (EME) event will take place in Hanoi on June 18-19 ahead of formal bidding procedures for the project.

Hanoi City has welcomed nearly 15 million visitors in the first five months of 2026, generating an estimated VND62.77 trillion in tourism revenue, the city’s Department of Tourism reported. The capital city received around 14.98 million visitors between January and May, up 17.2% from a year earlier. International visitor arrivals rose 28.1% to 4.06 million, while domestic visitors increased 13.7% to 10.92 million.

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Valid until 30 June 2026
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Deloitte Vietnam would like to update members of HKBAV on a recent change to Personal Income Tax (“PIT”) filing procedures, which applies from April 2026 onwards. On 7 April 2026, the Government issued Resolution No. 66.16/2026/NQ-CP, setting out its direction to reduce and simplify administrative procedures and regulations affecting business activities. The Resolution took effect on 15 April 2026.