Business

EuroCham's latest survey shows European business confidence rebounding to its highest level in nearly seven years, driven by stronger demand despite global uncertainty.

Global gold prices rebounded to 4,038 USD per ounce on July 15. Domestically, SJC gold bar prices rose by 1 million VND per tael, with buying and selling prices standing at 145.5 million VND and 148.5 million VND per tael, respectively.

The Ministry of Construction has issued Decision No. 1088/QD-BXD approving adjustments to the Road Network Plan for the 2021–2030 period, with a vision to 2050, to align it more closely with the National Master Plan and provide fresh momentum for the development of a modern, integrated transport infrastructure system.

Despite rising prices, difficulties in sourcing construction materials, and increasingly high and unpredictable river water levels, the seven bridge projects spanning the Red River are continuing to make every effort to stay on schedule.

Developing large-scale farming zones and ramping up the deployment of machinery and technological equipment in cultivation and harvesting are becoming priorities for many farmers and cooperatives in Nghe An Province. This approach is directly combating the growing labour shortage, shorten production time, and improve agricultural efficiency.

Viet Nam’s benchmark VN-Index rose by 0.34% to 1,806.63 points on July 14.

By June 30, 2026, Viet Nam had disbursed nearly 357 trillion VND in public investment capital, reaching 35.5% of the plan assigned by the Prime Minister. Although the value of disbursed capital increased by more than 38 trillion VND compared with the same period last year, progress remains hampered by various challenges, particularly site clearance, the supply of construction materials, and the progress of several key projects.

The World Bank's (WB) classification of Viet Nam as an upper-middle-income country recognises the country's nearly four decades of Doi Moi (Renewal) reforms while opening a new chapter of development marked by both opportunities and challenges.

International trade in the first six months of 2026 was heavily impacted by geopolitical tensions, rising trade protectionism, increasingly stringent technical standards, and the ongoing restructuring of global supply chains. While these developments have created considerable challenges, they have also unlocked new opportunities for Vietnamese exports, provided businesses can adapt proactively, strengthen their competitiveness, and meet evolving market requirements.

Viet Nam's exports have maintained robust growth, but growing uncertainties in the global economy, together with increasing technical barriers, green standards and rising trade protectionism, are creating an urgent need to modernise trade promotion in order to unlock new export growth opportunities.

Despite facing numerous difficulties and challenges, Ha Noi remains firmly committed to achieving economic growth of 11% or higher in 2026. Alongside strengthening discipline and administrative accountability, the city is implementing a wide range of measures to achieve this target.

With the official launch of the Viet Nam agricultural product traceability system, consumers can now access comprehensive information on the origin, packaging facilities, and production processes of a wide range of agricultural products nationwide simply by scanning a QR code.

Cooperation in capital market development, cross-border payment, fintech and green finance has been identified as focal areas of the Viet Nam – Republic of Korea (RoK) financial ties as the Viet Nam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) officially begins operations, heard a forum held in the southern metropolis on July 13.

The application of unmanned aerial vehicles (UAVs), commonly known as drones, in Vietnamese agriculture is expanding rapidly, moving from pilot projects to large-scale practical deployment. This trend underscores the need for an integrated approach that combines products, equipment and operational procedures to maximise the effectiveness of drone technology.

The target of achieving an average GDP growth rate of 10% or more during the 2026–2030 period means Viet Nam can no longer rely on traditional development models. At this pivotal stage, the private sector can no longer remain confined to a supporting role or simply make additional contributions. Instead, it must become a key driver of national competitiveness, innovation, and high value-added growth, thereby enabling the country to make a strong breakthrough in the new era.

The Executive Agency of the Viet Nam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) held a ceremony on July 12 to announce the decision to establish and launch a 13-member Strategic Advisory Group.

Resolution No. 10-NQ/TW of the Politburo on the development of the foreign-invested economy sets a clear objective: to secure an upgrade of Viet Nam's stock market by MSCI before 2030.

Six of Viet Nam's largest private conglomerates are splashing nearly 4.9 quadrillion VND (200 billion USD) across 40 major projects, underscoring the growing role of the private sector in driving the country's infrastructure, industrial and urban development.

The transfer of science and technology is helping renew production thinking, form new economic models and strengthen technological capabilities at the local level. However, to maximise its effectiveness technology transfer must evolve into a more market-oriented approach that is closely aligned with business needs and national growth objectives.

Ha Noi has launched simultaneous construction of five urban metro lines with a combined investment of more than 1.3 quadrillion VND. Yet the significance of these projects lies not merely in the scale of investment or the pace of transport infrastructure development. More importantly, they have the potential to reshape the city's urban structure, transform the way people use urban space, and redefine long-term investment prospects.