Vietnam’s FPT Retail curbs ICT expansion, shifts to private-label products, expands pharmacies
EconomyVietnam’s FPT Digital Retail JSC said weakening demand and rising prices for laptops and mobile phones are pressuring its core technology retail business, prompting the company to hold back the expansion of its FPT Shop chain while shifting toward lower-priced products and private-label offerings.
Vietnam banks to stop auto-splitting large transfers for instant payments from April 21
EconomySeveral Vietnamese banks will stop automatically splitting large interbank transfers for instant processing from April 21, meaning transactions of VND500 million (US$18,986) or more may take longer to complete.
Hoa Phat inaugurates $98.7mn steel pipe plant in Vietnam’s Tay Ninh Province
EconomyHoa Phat Steel Pipe Company Limited and local authorities on Saturday inaugurated a steel pipe plant worth VND2.6 trillion (US$98.7 million) in Tay Ninh Province, southern Vietnam.
Vietnam’s FPT refutes online claim of 26,000 layoffs as 2025 filing shows marginal workforce decline
EconomyA senior executive at Vietnam’s FPT Corporation said a claim circulating on social media that the company cut 26,000 jobs was false, adding that audited 2025 financial results showed only a slight decline in headcount after years of growth.
Vietnam PM pledges support for US firms, calls for more investment in energy, telecoms
EconomyVietnamese Prime Minister Le Minh Hung on Thursday promised to create favorable conditions for U.S. companies and encouraged further American investment in the energy and telecommunications sectors as he hosted a delegation of 52 leading U.S. businesses at a reception in Hanoi.
Nam A Bank Q1-2026: Optimizing capital efficiency, comprehensive risk control
EconomyBy the end of the first quarter of 2026, Nam A Commercial Joint Stock Bank (Nam A Bank - HOSE: NAB) recorded business results with positive growth indicators.
Ho Chi Minh City positions itself as new-generation financial hub
EconomyHo Chi Minh City is actively redefining its financial identity, aiming to move beyond the model of a traditional financial center toward a new-generation hub deeply integrated with global capital markets, according to vice-chairman of the Ho Chi Minh City People’s Committee Nguyen Cong Vinh.
Italy’s Lombardy sees strong opportunities in Vietnam, pledges support for local firms
EconomyLombardy, Italy’s leading economic region, sees strong opportunities in Vietnam and stands ready to support Vietnamese firms with advanced technological expertise, particularly in mechanical manufacturing, green transition, and circular economy, a regional official said.
Vietnam ships 1st batch of fresh pomelos to Australia
EconomyVietnam officially exported its first shipment of fresh pomelos to Australia on Monday, marking a milestone for the country’s fruit industry and opening access to one of the world’s most demanding markets.
Vietnam’s planned crypto exchange trial in Q3 draws global investors, prompts race for licenses
EconomyVietnam is set to pilot exchanges for digital and crypto assets from the third quarter of 2026, drawing investment from global firms as local companies race to meet minimum charter capital requirements for licensing.
