Vietnam’s Gilimex vows further action after US court dismisses lawsuit against Amazon
EconomyHo Chi Minh City-based textile and garment manufacturer Binh Thanh Import - Export Production & Trade JSC (Gilimex) has said it will continue pursuing legal measures to protect its interests after a U.S. court dismissed the company's lawsuit seeking about US$280 million in damages from Amazon.
China’s rising shrimp demand opens new opportunities for Vietnam as US market faces uncertainty
EconomyChina continued to expand its shrimp imports during the first months of 2026, creating fresh opportunities for Vietnamese exporters when shipments to the United States remain constrained by trade risks and softer demand.
Vietnam’s Khanh Hoa seeks investment to tap into $350bn halal tourism market
EconomyKhanh Hoa Province in south-central Vietnam is beefing up efforts to attract investment and expand halal-friendly tourism offerings as global demand for halal travel continues to rise, with the market expected to reach US$350 billion by 2030.
Global retail giants gravitate to Da Nang as shopping mall boom gathers pace
EconomyA wave of major domestic and international retail groups is launching supermarkets and shopping malls in rapid succession in Da Nang City, underscoring the growing appeal of the central Vietnamese city’s consumer market of more than three million people.
German industrial gas giant to build $37mn plant in Ho Chi Minh City
EconomyGermany-based industrial gases company Messer said it would invest US$37 million in a new industrial gas plant in Ho Chi Minh City with an annual production capacity of 200,000 metric tons, while also planning to expand into Vietnam's emerging green hydrogen market.
Vietnam-US container freight rates surge to nearly $9,000 per container
EconomyContainer shipping rates from Ho Chi Minh City to the United States have climbed sharply, with freight costs to the U.S. East Coast reaching US$9,000 per 40-foot container, according to the latest data from international logistics platform Phaata.
PepsiCo executive reaffirms long-term commitment to Vietnam with new investment
EconomyPepsiCo's newly inaugurated sixth factory in Vietnam reflects its long-term commitment to investing in advanced technology, sustainability, and workforce development, according to Eugene Willemsen, CEO of PepsiCo International Beverages and executive vice-president of PepsiCo.
Vietnam has strong foundations to become high-income country by 2045: WB
EconomyVietnam has many advantages to achieve its goal of becoming a high-income country by 2045, according to Mariam J. Sherman, World Bank country director for Vietnam, Cambodia, and Laos.
Vietnam becomes top buyer of US cotton as America remains biggest market for Vietnamese garments
EconomyVietnam became the largest importer of U.S. cotton in 2025, purchasing approximately US$1.3 billion worth of the commodity, while the U.S. was the biggest export market for Vietnam's textile and garment industry in the first five months of 2026.
VinaCapital exits major shareholder status in Vietnamese jeweler PNJ after share sale
EconomyFunds managed by VinaCapital, a leading investment management firm in Vietnam, have ceased to be major shareholders in Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) after selling more than three million shares on Wednesday.
