Business News

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COSMOPARK – ENERGY ADVANTAGES FOR POWER-INTENSIVE INDUSTRIES

As global corporations place increasing emphasis on energy security, renewable energy adoption, and carbon emissions reduction, electricity is no longer viewed merely as a component of technical infrastructure. For high-tech projects, data centers, and large-scale manufacturing facilities, reliable energy infrastructure has become a critical factor in investment location decisions.

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COSMOPARK ECO INDUSTRIAL ZONE – A STRATEGIC DESTINATION FOR HIGH-TECH AND SUSTAINABLE INVESTMENT IN SOUTHERN VIETNAM

As international manufacturers continue to diversify their supply chains and expand their presence in Asia, Vietnam is becoming increasingly relevant to companies seeking a long-term manufacturing and investment base. Beyond land availability and operating costs, investors are placing greater emphasis on tax efficiency, investment tenure, regional connectivity, infrastructure readiness, energy security, digital capability, sustainability and future expansion potential.

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FIRMS EXPECT STRONGER Q4 ACTIVITY DESPITE COST, FINANCING PRESSURES

More than VNĐ5 quadrillion is registered to be poured into the economy in the first nine months of this year, up 6.1 per cent. Enterprises are expecting stronger business and production in the last quarter of this year, with new orders, output and labour demand set to improve, although high input costs and cash-flow constraints remain major concerns, according to a survey by the National Statistics Office (NSO) released late last week. 

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LOW-ALTITUDE ECONOMY COULD GROW TO $500 MILLION BY 2035

Việt Nam's low-altitude economy is at an early stage of development and is forecast to grow by around 13 per cent annually by 2035. Việt Nam is seeking to develop a broader low-altitude economy ecosystem, moving beyond drone manufacturing to applications, data services and supporting infrastructure, as unmanned aerial vehicles (UAVs) create new opportunities in agriculture, logistics, energy, transport and other sectors.

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VIỆT NAM’S PEPPER EXPORTS TOP $1.3 BILLION, MAINTAIN GROWTH MOMENTUM

Việt Nam exported 202,414 tonnes of pepper from the beginning of this year to September 15, earning US$1.32 billion in revenue, up 15.2 per cent in volume and 10.3 per cent in value year-on-year. The outlook for the pepper industry remains positive, but greater efforts are needed to standardise growing areas, improve product value and strengthen competitiveness.

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INDUSTRIAL PRODUCTION POSTS FASTEST NINE-MONTH GROWTH SINCE 2019

The Industrial Production Index (IIP) rose 12.3 per cent in January - September over the same period last year, the fastest nine-month growth since 2019, with the manufacturing and processing remaining the main driver of expansion, the National Statistics Office said at a briefing on October 3. The IIP rose 14.8 per cent year-on-year in the third quarter, marking the third consecutive quarter of double-digit growth.

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VIỆT NAM RETURNS TO TRADE SURPLUS IN SEPTEMBER BUT NINE-MONTH DEFICIT PERSISTS

Việt Nam returned to a goods trade surplus in September after nine consecutive months of deficit, but remained in a US$19.42 billion deficit for the first nine months of this year, the National Statistics Office (NSO) said in its socio-economic report on October 3. The country posted a trade surplus of $1.27 billion in September, with total trade of goods reaching $117.69 billion, up 7.3 per cent from August and 42.4 per cent from the same month last year.

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HCM CITY RECORDS STRONGEST QUARTERLY GROWTH IN A DECADE

HCM City’s economy grew 9.86 per cent in the third quarter from a year earlier, its strongest quarterly growth in about a decade, the city’s Statistics Office said. The growth lifted the city's gross regional domestic product (GRDP) in the first nine months of 2026 to 9.06 per cent year-on-year. Services remained the main driver, growing 9.95 per cent in the third quarter and accounting for 51.9 per cent of overall growth. 

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CHINA BECOMES VIỆT NAM’S SECOND-LARGEST RICE EXPORT MARKET

China has emerged as Việt Nam’s second-largest rice export market after spending nearly US$505 million to import over one million tonnes of Vietnamese rice in the first eight months of 2026, according to the Ministry of Agriculture and Environment. During the same period last year, China imported just over 565,000 tonnes, valued at $286.7 million. With the surge, China rose from fourth place during the same period in 2025 to the second position, just behind the Philippines.

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