Want to be in the loop?
subscribe to
our notification
Business News
EUROPEAN BUSINESS CONFIDENCE IN VIETNAM REBOUNDS IN Q2
European business confidence in Vietnam rebounded strongly in the second quarter of 2026, reflecting investors' continued confidence in the country's long-term growth prospects despite ongoing uncertainty in the global trading environment.
European businesses remain optimistic about Vietnam's long-term market prospects. Photo: Thanh Hiep / Tuoi Tre
European business confidence in Vietnam surged to 79.7 points in Q2 2026, according to the latest Business Confidence Index survey released by the European Chamber of Commerce in Vietnam (EuroCham) on Wednesday.
With a sharp seven-point increase from 72.7 points in the first quarter, the index now sits just 0.3 points below the seven-year high of 80, recorded at the end of 2025.
In the first quarter of this year, the index was weighed down by geopolitical uncertainties, including tensions in the Middle East.
Released to mark the 15th anniversary of EuroCham's Business Confidence Index, the Q2 2026 report reveals a renewed surge in European business confidence while reaffirming Vietnam's appeal to international investors.
The survey shows that 63 percent of European businesses reported positive business conditions during Q2, while optimism continues to strengthen, with 69 percent expecting favorable conditions in the coming quarter.
This wave of optimism represents an 11-percentage-point jump compared to the expectations expressed just three months ago, driven by surging commercial performance, a healthy influx of new orders, and resilient domestic demand.
The data highlights clear commercial drivers behind this optimism.
Among the firms reporting improved performance this quarter, 36 percent pointed to rising revenues, stronger sales velocities, and enhanced operational profitability that exceeded expectations.
Meanwhile, 32 percent credited their brighter outlook to more orders and new contracts, while 24 percent emphasized a noticeable strengthening in domestic consumer demand.
This balanced growth across manufacturing, tourism, real estate, and export-oriented sectors shows that Vietnam’s economic engine is accelerating on multiple cylinders, according to EuroCham.
Despite the improving outlook, EuroCham said Vietnam will need to continue institutional and administrative reforms to translate growing confidence into large-scale investment projects.
The survey found that 53 percent of businesses consistently ranked regulatory delays, policy inconsistencies, and opaque tax administration not merely as minor daily annoyances, but as the primary anchors dragging down their long-term expansion plans.
Source: Tuổi Trẻ News
Related News
MEMBER CORNER / PROMOTIONS
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HR / LABOUR/ EMPLOYMENT
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HR / LABOUR/ EMPLOYMENT
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
BANKING / FINANCE / INSURANCE / TAX
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
GARMENT / TEXTILE
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.
VIETNAM ECONOMY INVESTMENT
LÂM ĐỒNG TARGETS DIGITAL ECONOMY TO ACCOUNT FOR 30 PER CENT OF GRDP BY 2030
Lâm Đồng Province aims to raise the digital economy’s contribution to around 30 per cent of its gross regional domestic product (GRDP) by 2030, as part of a five-year plan to develop digital economy and society issued recently. Under Plan No. 15358/KH-UBND, the province targets more than 60 per cent of small- and medium-sized enterprises (SMEs) to adopt digital technologies by 2030 while increasing the value of cashless payments to 30 times its GRDP.
Events Sponsors
