Business News

Đắk Lắk Province has broken ground on three new industrial projects at Hòa Hiệp 1 Industrial Park with a combined investment of nearly VNĐ790 billion (US$30.2 million). The projects are the Agrilong–Green World Fertiliser Plant, the Bá Hải Canned Food Processing Plant, and the Kotinochi Phú Yên Semi-Trailer and Spare Parts Manufacturing Plant. The investors are Hoang Long Vina JSC, Ba Hai JSC, and Kotinochi JSC, respectively.

Authorities in Cần Thơ City have set themselves an ambitious target of attracting 300 businesses each year through 2030 as part of broader efforts to strengthen the private sector as a key engine of economic growth. According to Vương Quốc Nam, vice chairman of its People's Committee, the city is implementing a comprehensive package of measures to foster a more dynamic private economy during the 2026 to 2030 period.

Developing smart energy infrastructure will be critical for Việt Nam to achieve its green growth ambitions, as the global energy transition has entered a new phase that requires more flexible, resilient and digitally enabled energy systems. At the Smart Energy Infrastructure Development Forum in Hà Nội, experts said that countries must move beyond simply expanding renewable power generation and focus on building smarter energy systems.

Cà Mau Province's exports exceeded US$1 billion in the first five months of 2026, driven by strong growth in seafood and fertiliser shipments. They were up 14.4 per cent year-on-year and equivalent to 38.2 per cent of the full-year target, according to the provincial People's Committee. Seafood remained the largest contributor, accounting for nearly $901 million and up 7.5 per cent from a year earlier.

The northern province of Quảng Ninh posted broad-based socio-economic expansion in the first half and is pushing to deliver full-year gross regional domestic product (GRDP) growth above 13 per cent, an all-time high. To achieve more than VNĐ100 trillion (US$3.7 billion) in state budget revenue this year, the provincial People's Committee has set a target of 13.21 per cent GRDP growth, with quarterly growth projected at 12.58 per cent in the second quarter, 15.48 per cent in the third and 14.86 per cent in the fourth.

According to Chung, 2026 is considered a pivotal year as the Vietnamese economy enters a new development phase with a series of new policies on socioeconomic development, planning, and infrastructure investment. Against the backdrop, the real estate market is facing significant opportunities to enter a new development cycle.

A memorandum of understanding to study the project was signed between Dutch company Harvest Waste B.V. and the Tay Ninh Department of Industry and Trade during an investment promotion conference held in Amsterdam, the Netherlands on June 23, local time. The event was organized by the provincial government in coordination with the Vietnamese Embassy in the Netherlands.

HCMC’s Department of Natural Resources and Environment has proposed setting the land price adjustment coefficient, known as the K factor, at 1 for households and businesses, meaning land-use fees and rents would be calculated directly from the official land price table without any upward adjustment. The proposal, included in the third draft regulation submitted by the department to the land price appraisal council, is intended to ease financial burdens on residents and businesses while supporting a recovery in the real estate market.