Business News

Outstanding loans for real estate business activities rose to more than VNĐ2.5 quadrillion (nearly US$95 billion) as of June 30. The Ministry of Construction's report on housing and the real estate market for the second quarter of 2026 showed that compared to the end of March 2026, the loans rose by more than VNĐ284 trillion. They were up more than VNĐ518 trillion compared to the end of 2025.

With strengths in technology, manufacturing and new energy, Chinese companies have considerable room to expand investment in Việt Nam. The Vietnamese Embassy in China and the northern province of Bắc Ninh co-hosted a seminar in Beijing on Monday to promote investment cooperation between Việt Nam and China, with nearly 300 representatives from Chinese agencies, organisations, business associations and companies in attendance.

Hà Nội is reshaping its industrial landscape around science, technology and innovation, with the city’s 100-year master plan envisioning high-tech parks as centres for research, development and commercialisation while transforming existing industrial parks into greener, smarter and more circular ecosystems. The shift comes as the capital city targets average gross regional domestic product (GRDP) growth of more than 11 per cent annually from 2026 to 2035, with the digital economy expected to account for about 50 per cent of GRDP by 2035.

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.

The Hà Nội People's Committee has issued an action plan to ensure that all its citizens and businesses, particularly priority groups, have equal and comprehensive access to basic financial products and services. Plan 323/KH-UBND aims to carry out the National Financial Inclusion Strategy within the city through 2030.

Instead of just racing for expansion, banks have been focusing more on service ecosystems to make them a key pillar for more sustainable profitability, according to recently released data. Financial statements from the first half of 2026 released by 28 banks revealed impressive results, with total net fee and commission income of the banks surging by 50 per cent year-on-year to nearly VNĐ52.63 trillion (US$1.99 billion) in the first half of this year.

Listed seaport operators posted strong earnings growth in the first half of 2026, supported by expanding import-export activity, higher cargo volumes and improved operating efficiency, while the year-end peak season is expected to provide further room for growth. Gemadept Corporation recorded consolidated revenue of VNĐ3.12 trillion (US$120 million) in the first six months, up 16 per cent year-on-year, while net profit surged 71 per cent to VNĐ1.94 trillion.

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.