Ho Chi Minh City's People's Council on Oct. 30 approved a resolution to develop a network of integrated logistics zones across 10 locations: Cat Lai, Long Binh, Linh Trung, Saigon Hi-Tech Park, Tan Kien, Hiep Phuoc, Cu Chi, Hoc Mon, Binh Khanh and the area around Tan Son Nhat International Airport. The network is designed to connect industrial parks and production areas with ports, airports and markets. Goods will be consolidated, sorted, stored, processed and transferred at the hubs before reaching their destinations. The city expects the system to reduce unnecessary freight movements, lower transport costs and limit heavy truck traffic in densely populated areas.
Ho Chi Minh City has said it will not sacrifice environmental protection for economic growth as it develops Can Gio into a centre for maritime trade, logistics and tourism. City officials outlined plans for a US$5 billion international transshipment port and a coastal tourism network, while stressin
Ho Chi Minh City attracted nearly US$19.1 billion in foreign investment in the first 10 months of 2026, a 4.2-fold increase year-on-year. Major projects include the Can Gio International Transshipment Port (over US$4.9 billion) and a US$2.1 billion AI Factory data centre.
Vietnam's National Assembly has approved a 2027 socio-economic plan targeting at least 10% GDP growth and per capita GDP of S$6,100. The resolution calls for a healthy real estate market, faster infrastructure works including railways and airports, and policies to raise foreign ownership limits in n
Ho Chi Minh City's People's Council has approved financing mechanisms allowing the city to issue municipal and project bonds through the Vietnam International Financial Center (VIFC) to fund major infrastructure. The city expects to borrow up to VND49.291 trillion (US$1.9 billion) between 2026 and 2
Vietnam's consumer price index rose 0.2% in October from September, driven by higher domestic fuel prices and electricity demand, bringing the 10-month average increase to 4.57%. Housing, utilities and construction materials recorded a 6.66% year-on-year rise, while transport prices climbed 6.98%.
Herbalife Vietnam is the official sponsor and content co-creator of the fourth season of the reality TV show New Generation Students 2026, which airs on VTV3. The company supports participating teams with balanced nutrition messaging and has helped launch the programme's first nationwide online comp
Asian retailers in F&B, fashion and lifestyle expanded in Ho Chi Minh City during Q3 2026, pushing prime retail occupancy to 96.6%. Vacancy in the central area fell to 2.85%, while asking rents in non-central districts rose 8% year-on-year to US$57.9 per sq m per month.
Vietnam has approved a plan requiring the state to hold at least 65% in BIDV, Vietcombank and VietinBank by 2030, and to maintain full ownership of Agribank. The restructuring programme also covers state control of strategic groups such as EVN, PetroVietnam and Vietnam Airlines.
CapitaLand Development (CLD) Vietnam won seven awards at the PropertyGuru Vietnam Property Awards 2026, including its fifth Best Sustainable Developer title and third consecutive Social Impact Award. Three residential projects received five awards for design and amenities, bringing CLD's regional Pr
Saigon Beer-Alcohol-Beverage Corporation (Sabeco) and the Vietnam Fatherland Front launched the 2026 Ambassador of National Progress Award in Hanoi on Oct. 16. The award recognises individuals whose initiatives have brought positive changes to communities, with nominations now expanded to all 34 pro
Vietnam targets GDP growth of at least 10% in 2027, with GDP per capita of $6,100 and CPI growth around 4.5%, Prime Minister Le Minh Hung told lawmakers. The government also reported 9.01% GDP growth in the first nine months of 2026, among the fastest in Southeast Asia.
Vietnam has overtaken all other Asia-Pacific markets and ranks third globally for branded residential units, trailing only the UAE and the US, according to a new report by Global Branded Residences. Ho Chi Minh City leads the country with 3,503 units, while Mercure Residences Ha Long is the largest
Hanoi apartment sales fell 52% year-on-year in Q3 2026, with the absorption rate dropping to 38%, its lowest since 2024. Primary prices kept rising but at a slower pace, averaging US$4,180 per sq m, while high mortgage rates pushed buyers to seek owner-occupier homes.
Phu My Hung has begun a 2.0 transformation of its 430-hectare urban area in southern Ho Chi Minh City, with projects including the US$150 million C1 complex and a US$30 million art centre. The developer expects nearly all remaining land to be developed by 2031, with international architects designin
The World Bank has raised its 2026 GDP growth forecast for Vietnam to 7.4%, citing strong manufacturing and exports of high-tech and AI-related products. The upgrade positions Vietnam as one of the top performers in the East Asia and Pacific region, though inflation is projected to average 4.2%.
Vietnamese banks are planning nearly $7 billion in share sales by end of 2026, driven by rapid economic growth and a push from top leader To Lam to boost infrastructure spending. The wave of capital raising, the largest in the country's history, opens the door for foreign investors to increase stake
Japanese retail giant Aeon plans to more than double its operating revenue in Vietnam to 300 billion yen (US$1.9 billion) by March 2031. It aims to expand its supermarket network to 300 stores and its shopping mall network to 30 outlets, with about 60% of its Southeast Asian investment allocated to
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.