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INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN JULY OF 2026
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VIETNAM ECONOMY INVESTMENT
TÂY NINH ATTRACTS WAVE OF NEXT-GENERATION FDI
The fact that a growing number of multinational corporations are choosing Tây Ninh Province to expand their manufacturing operations underscores its rising appeal as a destination for high-quality foreign investment focused on innovation, advanced technology and long-term economic value. Among the latest investors is Suntory PepsiCo Vietnam Beverage, which this month opened in the province’s Hựu Thạnh Industrial Park a new plant that cost more than US$300 million.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
BRITISH INVESTORS PROPOSE US$18-BLN DEEP-SEA PORT, INDUSTRIAL URBAN COMPLEX IN QUẢNG NINH
British investors have proposed an US$18-billion deep-sea port and eco-industrial urban complex in the northern province of Quảng Ninh as local authorities reaffirmed their commitment to facilitating strategic, high-value investment projects. Representatives of Thai An Holdings JSC and their British partners presented the proposal during a working session with Permanent Vice Chairman of the provincial People's Committee Vũ Văn Diện on August 7 to discuss potential investment opportunities.
BANKING / FINANCE / INSURANCE / TAX
BANK COUPON RATE HITS RECORD HIGH OF 10% PER YEAR
Amid surging demand for capital, commercial banks have been ramping up bond issuance, with rates reaching a record high of 10 per cent per year. Sacombank has recently announced the completion of three private bond placements in July, raising a total of VNĐ3.65 trillion (US$139 million) to raise medium- and long-term capital, strengthen financial capacity, enhance risk resilience and meet regulatory capital requirements.
BANKING / FINANCE / INSURANCE / TAX
GOV’T PROPOSES REDUCING INCOME TAX BY 30% FOR BUSINESS WITH REVENUE OF VND10 BLN
The Government is preparing to submit to the National Assembly a proposal to reduce income tax by 30 percent in the 2026–2027 period for business households, individuals, and enterprises with annual revenue up to VND 10 billion (US$381,621). The Government also proposes a 30 percent reduction in personal income tax for micro-enterprises with annual revenues of up to VND 10 billion in 2026 and 2027.
VIETNAM ECONOMY INVESTMENT
DOMESTIC MARKET SEEN AS KEY GROWTH PILLAR FOR WOOD INDUSTRY
The wood industry should treat the domestic market as a strategic growth pillar rather than a fall back when exports weaken, industry executives and policymakers said during a conference on developing the local wood product market on August 6. Valued at about US$5 billion a year and projected to exceed $7 billion by 2030, the domestic wood and furniture market is increasingly seen as a new source of growth for one of Việt Nam's largest export industries, they said.
TECHNOLOGY
HÀ NỘI SEEKS NEW GENERATION OF FDI TO POWER TECH, INNOVATION-LED GROWTH
After more than three decades as one of Việt Nam's leading destinations for foreign investment, Hà Nội is entering a new phase, shifting its focus from attracting capital in volume to drawing technology-intensive investment that can help transform the capital into a regional hub for research, innovation and high-tech industries.
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