4 growth pillars of SCG Group in Vietnam
EconomyAs Vietnam enters a pivotal stage of development, the Vietnam Economy in 2025 and Prospects in 2026 Forum (VEPF) has served as a platform for dialogue between policymakers and the business community on the country’s growth path.
Vacant storefronts persist on Ho Chi Minh City’s prime retail streets
Ho Chi Minh CityDespite the year-end shopping peak, many prime retail streets in Ho Chi Minh City continue to see shuttered storefronts and ‘for rent’ signs, as weak consumer demand, high operating costs, and a shift to online shopping force retailers to downsize or return leased properties.
Ho Chi Minh City seeks approval to expand high-tech park by 200 hectares
EconomyHo Chi Minh City’s high-tech park is seeking government approval to expand by about 200 hectares as authorities look to attract more advanced manufacturing and research projects, park officials said on Friday.
Vietnam to hand Phu Quoc airport operations to Sun Group unit from 2026
EconomyVietnam will transfer operations of Phu Quoc International Airport from state-owned Airports Corporation of Vietnam (ACV) to a Sun Group subsidiary from January 1, 2026.
SCG, 7 subsidiaries named among Vietnam’s Top 100 Sustainable Businesses 2025
EconomyAt the 2025 Corporate Sustainability Index (CSI) awards, SCG Vietnam and seven of its subsidiaries were recognized among the Top 100 Sustainable Businesses.
2-decade-old foreign-invested firm with over 2,600 workers to cease operations in Ho Chi Minh City
EconomyA foreign-invested enterprise employing more than 2,600 workers in Ho Chi Minh City has announced it will halt production and business activities in February, citing a prolonged shortage of orders and a restructuring of its manufacturing operations.
Thai retailer CRC exits Nguyen Kim as Vietnam’s electronics market heats up
EconomyThailand’s Central Retail Corporation (CRC) has announced its complete exit from Nguyen Kim, one of Vietnam’s most prominent electronics retail chains, selling the business to a Vietnamese company amid intensifying competition and falling revenues.
Vietnamese billionaire Pham Nhat Vuong hits $30bn in net worth, surpasses China’s Jack Ma on Forbes list
EconomyPham Nhat Vuong, chairman of Vingroup, saw his net worth surge by US$3.4 billion in a single day, officially reaching $30 billion on Tuesday and overtaking Chinese billionaire Jack Ma on Forbes’ list of the world’s richest people.
Vietnamese start-ups use AI to revisit old problems
EconomyAt Demo Day 2025, many Vietnamese start-ups presented products with artificial intelligence at their core, targeting familiar bottlenecks across the market.
UOB maintains 7.7% GDP growth forecast for Vietnam in 2025
EconomySingapore’s United Overseas Bank (UOB) on Monday maintained its previous forecast for Vietnam’s economic growth in the fourth quarter of 2025 at 7.2 percent, which would bring its full-year growth to 7.7 percent, citing robust exports to the U.S. as a key driver.
