Business News

After three years of preparation, AP Beverage Trading Production, a Vietnamese-owned enterprise, announced its entry into the beverage market in early June, through the operation of a manufacturing plant in Dong Nai province. The initiative, with a total investment of approximately $80 million, focuses on producing bottled non-alcoholic beverages with the goal of establishing 500,000 sales points nationwide by 2030 and expanding its product presence to five international markets in the coming years.

Việt Nam's fruit and vegetable export turnover reached US$3.65 billion in the first six months of 2026, up 17.8 per cent year-on-year, making the sector one of the fastest-growing export groups in the agriculture and environment sector. According to the Ministry of Agriculture and Environment (MAE), fruit and vegetable exports were estimated at $2.18 billion in the second quarter.

The Vietnamese Government has set a target of 11.9 per cent GDP growth in the second half of 2026, betting on investment, production, reform and digital transformation to achieve double-digit economic growth for the full year. The target was set out in Resolution 168/NQ-CP issued on June 27, which updates the country's growth scenario and outlines key policy measures for the remaining months of 2026.

A seminar held last week by Tôn Đức Thắng Political School and other organisations discussed the current state of private sector development in An Giang and proposed solutions to refine institutional frameworks, improve the business and investment climate, promote innovation, drive digital and green transitions and strengthen regional linkages.

Đắk Lắk Province has broken ground on three new industrial projects at Hòa Hiệp 1 Industrial Park with a combined investment of nearly VNĐ790 billion (US$30.2 million). The projects are the Agrilong–Green World Fertiliser Plant, the Bá Hải Canned Food Processing Plant, and the Kotinochi Phú Yên Semi-Trailer and Spare Parts Manufacturing Plant. The investors are Hoang Long Vina JSC, Ba Hai JSC, and Kotinochi JSC, respectively.

Authorities in Cần Thơ City have set themselves an ambitious target of attracting 300 businesses each year through 2030 as part of broader efforts to strengthen the private sector as a key engine of economic growth. According to Vương Quốc Nam, vice chairman of its People's Committee, the city is implementing a comprehensive package of measures to foster a more dynamic private economy during the 2026 to 2030 period.

Cà Mau Province's exports exceeded US$1 billion in the first five months of 2026, driven by strong growth in seafood and fertiliser shipments. They were up 14.4 per cent year-on-year and equivalent to 38.2 per cent of the full-year target, according to the provincial People's Committee. Seafood remained the largest contributor, accounting for nearly $901 million and up 7.5 per cent from a year earlier.

The northern province of Quảng Ninh posted broad-based socio-economic expansion in the first half and is pushing to deliver full-year gross regional domestic product (GRDP) growth above 13 per cent, an all-time high. To achieve more than VNĐ100 trillion (US$3.7 billion) in state budget revenue this year, the provincial People's Committee has set a target of 13.21 per cent GRDP growth, with quarterly growth projected at 12.58 per cent in the second quarter, 15.48 per cent in the third and 14.86 per cent in the fourth.