Business News

With its distinctive advantages, long-term development planning, and a series of strategic infrastructure projects in the pipeline, Dong Thap province is steadily turning its ambition of becoming a cross-border logistics hub into reality, connecting the Mekong Delta with Ho Chi Minh City, the southeast region, and other countries in the Mekong subregion.

Việt Nam shipped 22,743 tonnes of pepper last month, raking in US$147.3 million, marking a modest 1.6 per cent drop in volume and 2.6 per cent slide in value from June, but an 8.8 per cent year-over-year volume jump, according to the Vietnam Pepper and Spice Association (VPSA). During January-July, the country exported 168,429 tonnes of pepper worth $1.087 billion, a 16.1 per cent surge in volume and a 10.1 per cent climb in value compared to the same period last year.

The capital has considerable advantages in workers, science and technology, universities and research institutes, consumer demand, service infrastructure and its position as a regional connectivity hub. Small and medium-sized enterprises (SMEs) in Hà Nội are being encouraged to tap into opportunities arising from public investment, infrastructure development, digital transformation and the green economy as the capital seeks to mobilise the private sector in pursuit of sustainable double-digit growth.

Outstanding loans for real estate business activities rose to more than VNĐ2.5 quadrillion (nearly US$95 billion) as of June 30. The Ministry of Construction's report on housing and the real estate market for the second quarter of 2026 showed that compared to the end of March 2026, the loans rose by more than VNĐ284 trillion. They were up more than VNĐ518 trillion compared to the end of 2025.

With strengths in technology, manufacturing and new energy, Chinese companies have considerable room to expand investment in Việt Nam. The Vietnamese Embassy in China and the northern province of Bắc Ninh co-hosted a seminar in Beijing on Monday to promote investment cooperation between Việt Nam and China, with nearly 300 representatives from Chinese agencies, organisations, business associations and companies in attendance.

Hà Nội is reshaping its industrial landscape around science, technology and innovation, with the city’s 100-year master plan envisioning high-tech parks as centres for research, development and commercialisation while transforming existing industrial parks into greener, smarter and more circular ecosystems. The shift comes as the capital city targets average gross regional domestic product (GRDP) growth of more than 11 per cent annually from 2026 to 2035, with the digital economy expected to account for about 50 per cent of GRDP by 2035.

International press agencies have published positive and optimistic assessments of Việt Nam’s economic performance, highlighting its strong growth momentum, stable macroeconomic fundamentals and long-term development prospects. AFP reported that Việt Nam’s economy grew 8.4 per cent year-on-year in the second quarter of 2026, exceeding the previous forecast of 7 per cent.

The Hà Nội People's Committee has issued an action plan to ensure that all its citizens and businesses, particularly priority groups, have equal and comprehensive access to basic financial products and services. Plan 323/KH-UBND aims to carry out the National Financial Inclusion Strategy within the city through 2030.