Japanese retail giant Aeon plans to generate more than 300 billion yen (US$1.9 billion) in operating revenue in Vietnam by March 2031, 2.5 times higher than its fiscal year 2026 forecast. Under its medium-term business plan, the group aims to expand its supermarket network, including the MaxValu brand, from about 60 stores to 300 outlets, while allocating about 60 per cent of its Southeast Asian investment to the country. Aeon also intends to grow its shopping mall network to 30 by the end of fiscal year 2030, with new facilities planned in Ha Long, Thanh Hoa and Da Nang.
Phu My Hung held the opening event for Triton Crown, its luxury apartment project in the Crescent Lake area of Ho Chi Minh City, attracting around 600 guests. The 297-unit development is part of the developer's Phase 2.0 strategy focusing on luxury and ultra-luxury residential projects on remaining
Cushman & Wakefield has been appointed by Stavian High-Tech Infrastructure Corporation to conduct a feasibility study for Stavian Digital Park, a proposed hyperscale digital technology park in Ho Chi Minh City. The study, funded by the U.S. Trade and Development Agency, will assess market demand, po
Phu My Hung has relocated its real estate trading floor after more than 20 years to 109 Ton Dat Tien Street in Ho Chi Minh City's Crescent Lake area. The move prepares for the redevelopment of the 1.5-hectare C1 mixed-use complex under the developer's Phu My Hung 2.0 strategy.
Vingroup has been ranked 340th in TIME’s World’s Best Companies 2026, jumping 477 places from 817th last year. The Vietnamese conglomerate remains the only company from Vietnam on the list, scoring 81 overall across revenue growth, employee satisfaction and sustainability transparency.
Vietnam ranked 50th out of 88 countries in JLL's 2026 Global Real Estate Transparency Index, placing it in the Semi-Transparent category. The country was among the world's 10 most improved markets, driven by legal reforms and the development of a national land database.
Meey Global Corp, a Cayman Islands holding company that operates a digital real estate platform in Vietnam, has filed its Form F-1 registration statement with the US Securities and Exchange Commission for a proposed initial public offering on the Nasdaq Capital Market. The company, which controls Vi
Vietnam’s durian industry is pivoting from volume-driven growth to a value-based model, with Dak Lak Province leading the shift. The province has secured new export approvals from China, adding 140 growing-area codes and 31 packing facilities, while national traceability systems are being rolled out
Tesla has formally entered Vietnam by registering a subsidiary, Tesla Motors Vietnam Limited Liability Company, in Ho Chi Minh City with charter capital of 77.667 billion dong (US$3 million). The new entity will handle wholesale and retail sales of vehicles and parts, along with related import and e
Bain Capital has hired former Blackstone managing director Matt Koskinen to lead its Australia and New Zealand real estate strategy, while CapitaLand Development has named Tze Wooi Tan as CEO of its Vietnam business. HSBC group CFO Pam Kaur will step down by the bank's 2027 annual meeting.
Vietnam's Petrovietnam and South Korea's KEPCO have agreed to speed up discussions on building the Ninh Thuan 2 nuclear power plant. The talks cover technology, investment and financing options, with about 97.5 per cent of required land already cleared.
CapitaLand Development (CLD) has begun handing over 2,375 units at Lumi Hanoi, a 5.6-hectare residential complex in the Vietnamese capital. The handover is part of CLD's plan to deliver nearly 3,000 homes across Vietnam in 2026.
Vietnam's Central Highlands farmers are moving from coffee to durian, with planted area surging fivefold to 200,000ha in a decade. Vietnam overtook Thailand last year as China's top durian supplier by volume, with exports forecast to hit US$4 billion in 2026.
The Airports Corporation of Vietnam and the Da Nang People’s Committee have announced a US$379 million renovation and expansion of Terminal 1 at Da Nang International Airport, with construction set to begin in August 2027. The project will raise annual capacity to 14 million passengers and includes
Vietnam's largest listed company, Vingroup, has secured land for a S$1.5 billion new urban area in Bac Ninh Province, 40 km northeast of Hanoi. The project covers 270 ha, with 50 ha designated for housing and the rest for public infrastructure, including social housing.
Stavian Group has broken ground on Thuong Dinh Industrial Park in Diem Thuy Commune, Thai Nguyen Province. The 50-year project will offer about 90 hectares of leasable land for factories and warehouses, targeting supporting industries, electronics and mechanical engineering.