Vietnam emerges as one of Asia Pacific's most future-ready consumer markets: Visa
EconomyVietnamese consumers are among the most optimistic and digitally prepared in Asia Pacific, with growing confidence driving greater adoption of artificial intelligence-assisted shopping and cross-border digital payments, according to Visa's latest 'Consumer 360' study.
Vietnam’s VinFast raises charter capital to $3.4bn
EconomyVietnamese electric carmaker VinFast Trading and Production JSC (VFTP) has increased its charter capital by VND10 trillion (US$380 million), bringing the total to VND90.793 trillion ($3.4 billion) and making it the largest-capitalized company within the Vingroup ecosystem.
Thai conglomerate TCC seeks to expand investment footprint in Vietnam
EconomyVietnamese Party General Secretary and State President To Lam has welcomed plans by Thai conglomerate TCC Group to expand investment in Vietnam in areas aligned with the country’s development priorities, saying the initiatives would add value to bilateral cooperation.
Vietnam’s Sun PhuQuoc Airways boosts capital to $505mn
EconomyVietnamese carrier Sun PhuQuoc Airways, a subsidiary under Sun Group, has increased its charter capital to VND13.3 trillion (US$505 million) from VND7.3 trillion ($277 million) at the end of this month, marking the airline’s second capital raise in just over a year since its founding.
Int’l visitors spend more through digital payments in Vietnam
EconomyCross-border digital payment services between Vietnam and several Asian markets are driving a sharp increase in spending by international tourists, particularly Chinese visitors, while the Southeast Asian country continues expanding its cashless payment network.
Wuling Darion to debut in Vietnam, priced at over $26,640
EconomyWuling Vietnam has updated its 2026 product line-up with four models, introducing the all-new Darion, a midsize multi-purpose vehicle (MPV) expected to launch in Vietnam in July and sell for over VND700 million (US$26,640).
Vietnam enters world’s top 10 steel producers for 1st time
EconomyVietnam has joined the top 10 crude steel producers worldwide for the first time, according to the World Steel Association (worldsteel).
Vietnam’s VinFast appoints new chairman
EconomyVietnam’s electric vehicle maker VinFast Auto Ltd. has announced the appointment of Pham Nhat Quan Anh as chairman of the company’s board of directors, replacing Le Thi Thu Thuy.
Vietnam household bank deposits top $390bn as business deposits decline
EconomyBank deposits by Vietnamese households exceeded VND10.3 quadrillion (US$390.78 billion) by the end of January, while deposits from businesses and economic organizations continued to decline, according to the latest data from the State Bank of Vietnam (SBV).
THACO proposes $4.4bn bauxite-alumina projects in Vietnam’s Lam Dong
EconomyTruong Hai Auto Corporation, or THACO, has proposed a series of mining projects in Lam Dong Province, Vietnam, including bauxite-alumina projects with a total estimated investment of US$4.4 billion, the provincial Department of Finance said on Saturday.