With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,392 VND/USD, and the floor rate 23,878 VND/USD.

The southern economic hub climbs 12 places from 2025 to rank 98th globally, marking its highest position ever in StartupBlink’s rankings.

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Vietnam values and places great importance on support from international partners, including the US, which it considers a leading strategic partner.

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.

As many agricultural businesses continue to face challenges in finding stable outlets, modern retail systems are increasingly becoming key distribution channels helping Vietnamese products access the market more professionally.

For biofuels, particularly E10, to develop successfully, stronger and more coordinated policies are needed, especially pricing mechanisms capable of creating a sufficiently attractive gap between E10 and mineral-based petrol, an expert has said.

A recent PM directive set a May 10 deadline for ministries, agencies and localities to complete detailed allocations of the 2026 public investment capital plan.

A Party official has urged the Vietnamese business community to improve corporate governance, technological capacity, production standards, workforce quality and international connectivity to strengthen ties with the FDI sector.

The White Book provides a comprehensive overview of Vietnam’s current tax system in line with international practices, including direct taxes, indirect taxes and sector-specific levies.

The 12th Africa Forum for Investment & Commerce (AFIC 12) opened in Algiers, the capital of Algeria, on May 9, drawing around 2,000 participants, including officials, economists, businesses, financial and development organizagtions from 43 African countries and international partners, including Vietnam.

According to Dr. Bui Thanh Minh, Deputy Director of the Office of the Private Economic Development Research Board under the Prime Minister’s Advisory Council for Administrative Procedure Reform, Resolution 68 has helped foster a stronger entrepreneurial spirit through a series of concrete policy measures.

Consolidated first-quarter 2025 statements from Vietcombank, VietinBank and BIDV showed that the Treasury’s total deposit balance at the three lenders rose by nearly 39% compared with the end of 2025.

Vietnam targets 1 million one-person businesses, 5 million business entities, 10,000 tech startups, 45 startup support networks, a position among the world’s top 40 innovation ecosystems, and 1.5 billion USD in venture capital by 2030.

The exhibition, which runs until May 9 at the Hanoi International Centre for Exhibition, showcases advanced products and technologies across a range of fields, including pharmaceuticals, drug manufacturing machinery and equipment, medical devices, hospital and clinic services and dental equipment.

The province is tightening maritime governance, with a focus on May–June 2026 to finalise a more robust legal framework and close loopholes for illegal fishing.

Leading the charge in this massive building spree is the new central city square in the core of the Thu Thiem new urban area. Spanning more than 20 ha, it’s the crown jewel of the Central Square and new administrative center complex.

The country’s stable political and economic environment provides a critical foundation for long-term sourcing strategies. At the same time, Vietnam has demonstrated a strong ability to scale up manufacturing, supported by a continuously expanding industrial base capable of meeting both high-volume demand and increasingly complex technical and quality requirements.

The update by Australia’s Department of Agriculture, Fisheries and Forestry to its Biosecurity Import Conditions system (BICON) on April 10, officially setting out import conditions for Vietnamese pomelos, is regarded as a major milestone in market access efforts.

Structured in two steps and three phases, the roadmap envisions a gradual shift from partial to full relocation of international flights, aligned with infrastructure readiness and the long-term ambition of building a regional aviation hub.

The circular economy is no longer just a policy choice. It has become an inevitable trend for delivering sustainable and green growth, sharpening competitiveness at home and abroad, and meeting Vietnam’s net-zero emissions target by 2050. It is now a prerequisite to sustain long-term economic expansion, particularly in industrial production and supporting industries.

Vietnamese fresh produce and processed foods are increasingly recognised for their quality, with items such as cashew nuts, coffee and spices gaining popularity among Middle East consumers. In 2025, Vietnam’s farm produce exports to the UAE exceeded 445 million USD, up nearly 24% year-on-year.

In 2026, Vietnam’s Investment Law and related policies are set for a new round of revisions, expected to reshape the investment landscape and business models.

With a large Muslim population, Türkiye serves as both a major consumer market and a well-developed processing hub for such products. Meanwhile, Vietnam is gradually establishing its capacity to supply Halal goods, particularly in processed foods, agricultural produce, beverages, tourism services and logistics.

Vietnam's action programme to implement the ASEAN Economic Community (AEC) Strategic Plan aims to translate the strategic priorities of the AEC into concrete actions aligned with Vietnam’s development conditions.

In Hanoi, the decisive implementation of socio-economic development programmes from the start of the year helped sustain growth, with GRDP rising 7.87% year-on-year in the first quarter.

The forum served as an important platform to enhance connectivity and promote investment, trade and tourism ties along the EWEC, while supporting businesses in market exploration, product promotion and export expansion to Laos and Northeast Thailand.

Of the total, 904 newly licensed projects registered combined capital of 10.23 billion USD, marking a 6.4% increase in the project number and a 2.4-fold rise in capital compared to the same period last year.

Lien Chieu Port is expected to become a special port – an international gateway port in the central region – to participate deeply in the global maritime transport supply chain and create a sustainable growth impetus for the city as well as the entire region.

A range of fiscal support measures have been implemented to help stabilise the market and support businesses although they are expected to reduce budget revenue in the coming period.

In this period, the sector posted a trade surplus of 4.78 billion USD, representing a 12% increase, said Tran Gia Long, Deputy Director of the Planning and Finance Department.

PM Chinh directed the Vietnam National Industry - Energy Group (Petrovietnam) to work closely with relevant agencies and Thanh Hoa province to begin construction immediately, serving both the Nghi Son refinery and petrochemical plant and national reserves.

Notably, Vietnam recorded the highest real GDP growth among the Southeast Asia-6 economies in 2025, reaching 8%, significantly higher than the pre-pandemic average of 7.1%.

Close coordination among the State, businesses and farmers is also crucial. While the State provides regulatory frameworks, enterprises drive the market, and farmers supply data, effective incentives are needed to encourage farmers’ participation. When tangible benefits are clear, farmers will be more willing to adopt technology and engage in the digital ecosystem.

Vietnam should adopt approaches similar to Singapore's, including attracting major global energy investors to key hubs such as Nghi Son, Vung Tau and Hai Phong. Such investments will not only drive growth but also strengthen national energy security and competitiveness.

Prime Minister Pham Minh Chinh thanked investors for attending the Thanh Hoa investment promotion conference, showing their interest, support and sharing with the province’s determination to become a “model province,” as envisioned by President Ho Chi Minh.

Reports delivered at the conference showed that Vietnam had about 1 million active enterprises by late 2025, up more than 25% from 2020, contributing roughly 60% of GDP and employing more than 16 million workers. They also account for the bulk of the country’s trade turnover, while Vietnam ranks among the world’s top 15 destinations for foreign direct investment.

Korean technology corporations are intensifying investment in Southeast Asia to diversify supply chains and leverage cost advantages, with Vietnam remaining a focal destination thanks to its strategic location and abundant labour force.

Italy’s exports of food and beverages to Vietnam reached 105.1 million EUR in 2025, up 4% year-on-year, positioning the country among the leading EU suppliers to the Vietnamese market.

Deputy Prime Minister Ho Duc Phoc affirmed that Vietnam–EU relations have developed robustly over the past three decades, supported by an increasingly comprehensive cooperation framework. He highlighted the EU–Vietnam Free Trade Agreement (EVFTA) as a key driver of bilateral trade and investment.

The country aims to have nearly 2 million operating enterprises, equivalent to 20 businesses per 1,000 people, including at least 20 large corporations engaging in global value chains.

Since the Middle East conflict disrupted crude and refined fuel supply chains, Petrovietnam has swiftly activated a range of response measures while moving decisively to implement the Government’s Resolution 36/NQ-CP dated March 6, 2026 to secure energy supply for the market.

The Vietnam National Petroleum Group (Petrolimex) is accelerating efforts to expand the rollout of E10RON95 biofuel nationwide, aiming to fully replace mineral pertrol ahead of schedule.

Authorities are urgently rolling out measures to stabilise the market as surging input costs place unprecedented pressure on the retail market, with suppliers pushing for price hikes and supermarket systems striving to keep prices in check.

Under the proposal, the rollout would take place in two phases. The first would involve a pilot listing in the domestic market with physical transactions. In the second phase, after operations stabilise, the exchange could be linked with regional and international commodity exchanges.

PM Chinh stressed that the top priority is to ensure no shortages of energy or fuel in any circumstances; minimise negative impacts from the energy crisis on macroeconomic management; and prevent disruptions to supply chains, production, business activities, and people’s consumption.

Hanoi is considering the development of two financial centres as part of its long-term strategy to strengthen the capital’s role in national and regional financial services.