High-value services are set to account for 70-75% of HCMC’s gross regional domestic product (GRDP) by 2040 under a “5+1” development model centered on the Vietnam International Financial Center in HCMC (VIFC-HCMC).
Construction of Long Thanh International Airport’s Component 3 has reached nearly 76% of the value of signed contracts, with more than 7,300 workers deployed under a 180-day acceleration campaign, according to the Airports Corporation of Vietnam (ACV).
Ho Chi Minh City is considering waiving bus fares for all residents from July 1 through the end of 2026, a move expected to cost an additional VND665 billion and aimed at boosting public transport use in the city.
The State Bank of Vietnam (SBV) has proposed raising the maximum ratio of short-term funds that commercial banks can use for medium- and long-term lending to 40% from the current 30%, in a move aimed at boosting credit supply for economic growth.
Vietnam will require airlines to provide full or partial ticket refunds to passengers whose flights are delayed by four hours or more due to carrier-related reasons, under new aviation regulations that take effect on July 1.
The Asian Development Bank (ADB) is planning a financing pipeline of 27 projects for Vietnam through 2029, with total lending estimated at around US$4.6 billion, as both sides move toward concentrating resources on large-scale, high-impact projects rather than spreading investments across numerous smaller initiatives.
Vietnam and China agreed to deepen strategic coordination and expand practical cooperation in areas ranging from railway connectivity and trade to science and tourism during a conversation call between Prime Minister Le Minh Hung and Chinese Premier Li Qiang on June 15.
Vietnam and Algeria are seeking to strengthen direct business links to expand trade in agricultural products and reduce intermediary costs, Vietnamese Ambassador to Algeria Tran Quoc Khanh told businesses and officials in Algeria’s Skikda Province.
The UK has launched a new Green Finance Facility to help Vietnam attract private investment into its clean energy sector by sharing British expertise, Minister for the Indo-Pacific Seema Malhotra announced during her visit to Hanoi this week.
Economic and trade cooperation remains a strategic pillar of the Comprehensive Strategic Partnership between Vietnam and Thailand, with both countries aiming to raise bilateral trade to US$25 billion in the near term and eventually to US$50 billion in a balanced and sustainable manner.
Luxury wellness brand Fusion is celebrating the second anniversary of its Fusionlife loyalty programme by giving away 2,222 complimentary room nights across its hotels and resorts in Vietnam and Thailand.
Equatorial Ho Chi Minh City has unveiled the Lobby Memory Wall, a permanent installation created to celebrate the hotel's 30th anniversary. Located beside the grand staircase in the main lobby, the display opens a year of anniversary celebrations while recognising the guests, partners, leaders and associates who have contributed to the hotel's journey since 1996.
Choosing between distinct academic paths is a common dilemma, but former Vietnam Australia International School (VAS) student Lê Minh Thiên An has chosen to embrace both. Thiên An is currently challenging herself with a demanding dual-degree program in Pharmacy and Business at the University of Sydney, consistently ranked among the top three universities in Australia.
Each annual general meeting season is not only an occasion to review the operations of banks, but also a clear reflection of the broader industry picture, one of the stock groups with a major influence on the stock market and a “barometer” of the economy. Business results, development strategies, and the way banks respond to market fluctuations all partly indicate macroeconomic health and policy direction in each period.
Choosing between a stable career path and a creative passion is a crossroads many young people face, but few navigate it as boldly as Phạm Ngọc Khanh. After graduating with a degree in Restaurant Management in Canada, the former Vietnam Australia International School (VAS) student made a definitive decision to return to Vietnam and pursue her lifelong dream of becoming a performing artist and musical theater composer.
