Business

Featuring 228 booths and bringing together domestic businesses and cooperatives as well as partners from China’s Yunnan Province and Laos’ Oudomxay Province, the 2026 Lai Chau International Trade Fair offers opportunities to promote distinctive products, connect supply and demand, and seek partners for goods distribution.

The opening session of the Malaysia–Viet Nam Policy Dialogue on Advancing Digital Economy took place in Ha Noi on November 5, marking a new chapter in cooperation between the two ASEAN countries to tap into technological potential and strengthen regional economic connectivity.

Mai Kieu Lien, former member of the Party Central Committee, Hero of Labour, and General Director of the Viet Nam Dairy Products Joint Stock Company (Vinamilk), received two honours from Fortune, recognising both her individual achievements and the company. She was once again named among Asia’s 100 Most Powerful Women for the third consecutive year, while Vinamilk maintained its position among Southeast Asia’s 500 largest companies.

The Ho Chi Minh City Investment and Trade Promotion Centre (ITPC), in coordination with the Consulate General of the Republic of Korea (RoK) in Ho Chi Minh City, held the 2026 dialogue conference between Ho Chi Minh City leaders and businesses from the RoK on November 5.

The State Bank of Viet Nam (SBV) set the daily reference exchange rate at 25,623 VND/USD on November 5, down 4 VND from the previous session.

Viet Nam has recorded positive developments in attracting foreign direct investment (FDI), with major commitments highlighting the country’s growing appeal to international investors.

Commercial banks in Viet Nam have cut listed deposit interest rates by 0.5 percentage points per year for tenors of six months or longer, marking an initial outcome of the State Bank of Viet Nam (SBV)’s efforts to lower market interest rates amid rising demand for capital to fuel economic growth.

Prime Minister Le Minh Hung hosted a reception for Wouter van Wersch, President of Airbus International – one of the world's leading aerospace corporations, in Ha Noi on November 4, affirming the Vietnamese Government's commitment to continuously improving the business environment and creating favourable conditions for European businesses, including Airbus, to expand their operations and investments.

The Viet Nam-EU Economic and Trade Cooperation Forum 2026 was held in Ha Noi on November 4, aiming to strengthen policy dialogue and promote bilateral economic ties.

A workshop on the latest applications of gene editing in crops and aquaculture, as well as Viet Nam’s legal framework for the technology, was held on November 3.

According to the latest figures from the Viet Nam Customs Department, the country’s total import-export turnover exceeded 1 trillion USD as of October 29, with more than two months remaining in 2026.

An Airbus executive has reaffirmed the company’s long-term commitment to Viet Nam through strategic partnerships in commercial aviation, defence, space and industrial manufacturing.

Viet Nam’s benchmark VN-Index rose by 1.97% to 1,733.02 points on November 4.

World gold prices edged down to 3,940.3 USD per ounce on November 4, following a strong recovery in the previous session. In the domestic market, SJC gold bar prices rose by 600,000 VND per tael, with buying and selling prices standing at 138.2 million VND and 141.2 million VND per tael, respectively.

A shortage of highly specialised workers, training programmes that lag behind demand, and difficulties in attracting top talent are among the main bottlenecks in developing a green, modern, and sustainable marine economy.

The Viet Nam National Chemical Group (Vinachem), in collaboration with Swinburne Viet Nam, held the opening ceremony of the Swinburne Media Talent 2026 competition in Ha Noi, on November 3 and signed a memorandum of understanding (MoU) aimed at strengthening connections between businesses and students.

With the establishment of the Viet Nam International Financial Centre (VIFC) in Ho Chi Minh City and Da Nang, Viet Nam hopes to accelerate financial cooperation with international investors by setting special conditions for working with Vietnamese assets, according to an article published on Russia’s Geofor Analytics on November 2.

The Deputy PM called for timely handling of trade and tariff issues and effective solutions to address trade deficit. He also asked the drafting agency to continue reviewing the scope, title and content of the draft to ensure a balanced approach to trade governance that takes into account both trade surplus and deficit.

Viet Nam’s benchmark VN-Index decreased by 0.65% to 1,699.62 points on November 3.

The office's socio-economic report released on November 3 showed that total import-export turnover in October reached an estimated 122.03 billion USD, up 3.7% from the previous month and 47.4% year on year.