Business News

International press agencies have published positive and optimistic assessments of Việt Nam’s economic performance, highlighting its strong growth momentum, stable macroeconomic fundamentals and long-term development prospects. AFP reported that Việt Nam’s economy grew 8.4 per cent year-on-year in the second quarter of 2026, exceeding the previous forecast of 7 per cent.

Việt Nam's fruit and vegetable exports are estimated to have reached nearly US$1.1 billion in August, marking the second consecutive month that monthly shipments topped $1 billion, customs data showed. August exports rose 14.6 per cent from the same month last year, after reaching $1.07 billion in July. It was the first time the sector had recorded monthly exports of more than $1 billion in both July and August.

Bắc Ninh Province is accelerating digital transformation among its small- and medium-sized enterprises to enhance their efficiency and competitiveness and enable integration into global supply chains. Thăng Long Packaging Production and Import-Export JSC in Từ Sơn Ward is implementing a smart factory model to improve management and production. 

According to the Ministry of Finance, the Government and Prime Minister have assigned a total public investment plan of VNĐ1.014 quadrillion for this year, including VNĐ364 trillion from the central budget and VNĐ650 trillion from local budgets. Including additional local budget funds, the total planned capital reached VNĐ1.029 quadrillion as of August 6.

Việt Nam enters the second half of 2026 on a strong growth footing, with investment and domestic consumption emerging as important supports as external trade faces greater uncertainty. Recent analysis by EBC Financial Group and BMI, a unit of Fitch Solutions, suggests that the economy has room to maintain solid momentum, although inflation, currency and external trade risks could test its resilience.

Seafood exports are expected to top US$12 billion this year, but, according to the Vietnam Association of Seafood Exporters and Producers, the industry will have to contend with four major challenges: higher tariffs, stricter traceability requirements, rising input costs, and intensifying competition in key markets. VASEP said seafood exports in the first seven months of the year were up 11.5 per cent year-on-year at $6.78 billion.

Việt Nam is looking to develop its materials industry to strengthen strategic autonomy, national competitiveness and its ability to master core technologies, as the country pushes for more self-reliant, rapid and sustainable growth. The effort is outlined in the Politburo’s Conclusion 83-KL/TW issued on August 8, which sets out key directions and targets for the development of Việt Nam's materials industry.

In the first half of 2026, Hung Yen's regional GDP grew 10.72 per cent, ranking fifth among 34 provinces and cities nationwide, while the industry and construction sector expanded by 14.6 per cent. Growth momentum continued in July, bringing the province's industrial production index up 15.41 per cent on-year in the first seven months, with manufacturing and processing industries increasing 16.05 per cent.