Business

Prime Minister Pham Minh Chinh attended the closing ceremony of the first Glorious Spring Fair 2026 at the Viet Nam Exhibition Centre (VEC) in Ha Noi’s Dong Anh commune on February 13.

Following the inauguration of the International Financial Centre (IFC) in Da Nang city, Viet Nam has officially launched its International Financial Centre in Ho Chi Minh City, marking what leaders describe as a pivotal step in the country’s economic transformation.

Viet Nam is setting ambitious goals for its steel industry, aiming to meet 80-85% of domestic steel demand by 2030, according to the freshly approved Steel Industry Development Strategy for the period up to 2030, with a vision toward 2050.

Amid growing export headwinds, the first Glorious Spring Fair 2026 is shaping up as more than a traditional exhibition, emerging as a form of “soft infrastructure” for trade promotion, particularly for Viet Nam’s high-potential yet underdeveloped Halal industry.

On February 12, the Ho Chi Minh City Department of Science and Technology, in coordination with Viet Nam Post and CT UAV, officially launched a postal delivery route using unmanned aerial vehicles (UAVs) between Can Gio Commune and Vung Tau Ward.

The Ho Chi Minh City Department of Construction has asked project owners and investors to urgently review progress and organise construction activities for key components of major projects during the Lunar New Year.

As the Lunar New Year (Tet) approaches, many cooperatives across the country are entering their peak production period. From food produce to flowers and ornamental plants, greater emphasis is being placed on quality, presentation and food safety, helping to ensure supply and stabilise market prices.

The Viet Nam National Payment Corporation (NAPAS) and Viet Nam Payment Solutions Joint Stock Company (VNPAY) signed a comprehensive cooperation agreement on February 11 aimed at developing the digital payment ecosystem.

With just days remaining until the Lunar New Year (Tet) – the Year of the Horse, Ha Hoi has entered the peak of its year-end shopping season, as the vibrant hues of peach blossoms and the steady flow of hurried shoppers across commercial streets and traditional markets signal the full arrival of the “rhythm of spring.”

Standing Deputy Prime Minister Nguyen Hoa Binh has underscored three key pillars for the Viet Nam International Financial Centre (VIFC), including legal, digital, governance and workforce infrastructure.

The Viet Nam Automobile Manufacturers’ Association (VAMA) reported on February 11 that its member companies sold 36,875 vehicles in January, surging 95% from a year earlier.

The High-Quality Vietnamese Goods Business Association and the Business Studies and Assistance Centre (BSA), in coordination with relevant units, are organising the “Green Tet – Vietnamese Gifts” fair for Lunar New Year of the Horse 2026 at No. 135A Pasteur Street, Xuan Hoa Ward, Ho Chi Minh City from February 11 to 14 (the 24th to 27th days of the 12th lunar month).

Global gold prices continued to stand at around the 5,000 USD per ounce on February 11. Domestically, SJC gold bar and ring prices remained unchanged in line with global movements, traded at 181 million VND per tael and 180.5 million VND per tael, respectively.

The synchronised deployment of intelligent transportation systems (ITS), electronic toll collection (ETC), and automated weight scales is ushering the North-South Expressway into a new management phase, using technology and accuracy as the foundation for transparent, efficient, and sustainable operation.

Viet Nam's benchmark VN-Index increased by 2.44% to 1,796.85 points on February 11.

The report on the industrial real estate market in the northern key economic region for Q4 2025 noted a period of strong expansion, driven by a surge in the supply of industrial land, ready-built factory (RBF), and ready-built warehouse (RBW), while demand from high-tech and manufacturing industries remains stable.

With only a few days remaining until the Lunar New Year (Tet) 2026, farmers across the country are intensifying production to ensure sufficient agricultural supplies to meet consumer demand. At the same time, food safety inspection and supervision have been raised to the highest level.

Rooftop solar power in industrial parks (IPs) is entering a new development cycle, driven simultaneously by two major forces: Viet Nam’s commitment to achieving net-zero emissions by 2050 and increasingly stringent ESG (Environmental, Social, and Governance) standards across global supply chains.

The People’s Daily, the official newspaper of the Communist Party of China, on February 10 published an article highlighting Viet Nam’s strong economic recovery and industrial diversification, with notable achievements in manufacturing, processing and services.

The former Ba Ria–Vung Tau area will have 60 port berths and 117–123 quays by 2030, under Decision No. 1922/QD-BXD issued by the Ministry of Construction.