Business News

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CHW30200 LUGGAGE – THE IDEAL TRAVEL COMPANION FOR MODERN JOURNEYS

• Compact & practical design – easy to carry on any trip• Optimized storage space – keep your belongings organized and efficient• Durable construction – enhanced protection for your essentials on the go

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OKTOBERFEST VIETNAM 2026 RETURNS @ WINDSOR PLAZA HOTEL

Save up to 25% until 31 August 2026! For 30+ Tickets, contact Hotline for exclusive offers. From 23 - 26 September 2026, don't miss your chance to immerse yourself in the vibrant atmosphere of Oktoberfest Vietnam - one of Saigon's most anticipated celebration of German culture, cuisine and music. Inbox us to secure your ticket or contact.

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THE REVERIE SAIGON’S MOONCAKE COLLECTION 2026 - THE MOONLIT BLOSSOMS

Inspired by the autumn full moon, blooming Osmanthus, and vibrant Peonies, The Reverie Saigon presents The Moonlit Blossoms collection, featuring three exquisite masterpieces that celebrate harmony, prosperity, and the joy of reunion. Discover more & Place your order: https://www.thereveriesaigondining.com/mooncake-collection-2026 

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POLISH BUSINESSES SEEK FOOD EXPORT OPPORTUNITIES IN VIETNAM

Polish businesses are looking to expand food exports to Vietnam and to source shrimp, pepper and other Vietnamese agricultural products for the domestic market. On August 6, as part of the “Europe Full of Flavours - Tradition and Quality” programme, the Embassy of Poland in Vietnam, the Polish Investment and Trade Agency in Vietnam, and the Polish Chamber of Commerce and Industry (KIGCP) held a Vietnam - Poland business networking event in Ho Chi Minh City.

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FRUIT AND VEGETABLE EXPORTS TOP $1 BILLION FOR FIRST TIME IN JULY

In the first seven months of 2026, exports totalled approximately $4.76 billion, representing a 23 per cent increase compared to the same period last year. The sector’s growth was driven primarily by a recovery in durian exports, which account for more than half of the industry’s total export value. China remained the largest export market, accounting for around 55 per cent of total export value, while the United States and South Korea continued to post positive growth.

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VIETNAM'S SEAFOOD EXPORTS GROW IN FIRST SEVEN MONTHS

According to Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s seafood exports totalled nearly $6.86 billion in the first seven months of 2026, an increase of 11.5 per cent on-year. In July, seafood exports reached $1.1 billion, up 4.8 per cent compared to the same period in 2025. China and Hong Kong remained Vietnam’s largest seafood market in July, importing more than $267 million, up 24.7 per cent on-year. During the first seven months, exports reached nearly $1.74 billion, an increase of 34.5 per cent.

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GOV’T PROPOSES REDUCING INCOME TAX BY 30% FOR BUSINESS WITH REVENUE OF VND10 BLN

The Government is preparing to submit to the National Assembly a proposal to reduce income tax by 30 percent in the 2026–2027 period for business households, individuals, and enterprises with annual revenue up to VND 10 billion (US$381,621). The Government also proposes a 30 percent reduction in personal income tax for micro-enterprises with annual revenues of up to VND 10 billion in 2026 and 2027.

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BANK COUPON RATE HITS RECORD HIGH OF 10% PER YEAR

Amid surging demand for capital, commercial banks have been ramping up bond issuance, with rates reaching a record high of 10 per cent per year. Sacombank has recently announced the completion of three private bond placements in July, raising a total of VNĐ3.65 trillion (US$139 million) to raise medium- and long-term capital, strengthen financial capacity, enhance risk resilience and meet regulatory capital requirements.

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STATE-OWNED ENTERPRISES SET TO BECOME A STRONGER DRIVER OF ECONOMIC GROWTH

Although state-owned enterprises (SOEs) account for only a small proportion of the total number of businesses, they continue to control substantial resources across many strategic sectors and make significant contributions to the national economy. As Việt Nam strives to achieve double-digit economic growth, enhancing the operational efficiency of SOEs while reinforcing their pioneering and leading role has become an urgent priority.

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