Want to be in the loop?
subscribe to
our notification
Business News
HCMC EXPECTS US$8.9 BILLION FDI IN Q2
A view of downtown HCMC - PHOTO: LE VU
HCMC – The government of Ho Chi Minh City looks to lure US$8.9 billion in foreign direct investment (FDI) this quarter, potentially meeting its full-year initial target of US$11 billion.
• HCMC looks to lure US$11 billion in FDI for 2026
• U.S. financial giants eye investment in Vietnam
Building on a US$2.9 billion inflow in Q1, several major projects in logistics, high-tech, and urban development are now entering the final approval stages.
Some of projects include the Can Gio International Transshipment Port (US$4.9 billion), an AI data center (US$2.1 billion), and capital expansions for GS Metrocity Nha Be (US$2.2 billion). City authorities are now focusing on supporting investors to translate these registered commitments into reality. With the current momentum, total FDI for 2026 is projected to reach US$13 billion by year-end.
To support this investment level, the city has committed to cutting administrative processing times by at least 50%. The municipal government plans to leverage revised regulatory mechanisms to resolve long-standing project delays and promote “Transit-Oriented Development” (TOD) along new metro lines. These measures are part of a broader strategy to maintain double-digit GDP growth and strengthen the city’s role as Vietnam’s primary economic center.
Source: The Saigon Times
Related News
MEMBER CORNER / PROMOTIONS
SENTRYSAFE CHW20201 - EFFECTIVE WATER RESISTANCE, MAXIMUM PROTECTION
In unexpected flooding situations, the most important thing is to keep your valuables dry and intact. SentrySafe CHW20201 is specially designed with superior water-resistant capabilities, helping protect documents, cash, and important belongings even when fully submerged. Proven in real testing: After water submersion, the documents inside remain dry - undamaged.
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.
Events Sponsors
