HCM City signs MoU on US$2.1 billion AI data centre project

HCM City signs MoU on US$2.1 billion AI data centre project

VOV.VN - The Ho Chi Minh City People’s Committee met with a joint venture of investors and international partners on March 11 to discuss plans for an artificial intelligence (AI) data centre project at Tan Phu Trung Industrial Park.

Domestic market emerges as strategic pillar amid global turmoil
Domestic market emerges as strategic pillar amid global turmoil

Persistent volatility in the global economy, fuelled by geopolitical conflicts, supply chain disruptions and softening trade demand, is elevating the importance of Vietnam's domestic market.

Domestic market emerges as strategic pillar amid global turmoil
Sun PhuQuoc Airways announces Phu Quoc-Seoul route
Sun PhuQuoc Airways announces Phu Quoc-Seoul route

Sun PhuQuoc Airways (SPA), the airline of Sun Group, continues to expand its international network. Following Taiwan (China), the Republic of Korea (RoK) will be the next destination, with the inaugural flight scheduled to take off on April 17, 2026.

Sun PhuQuoc Airways announces Phu Quoc-Seoul route
VAMA auto sales fell sharply in February
VAMA auto sales fell sharply in February

The Vietnam Automobile Manufacturers’ Association (VAMA) announced on the afternoon of March 10 that total vehicle sales by its member companies reached 19,278 units in February, marking a sharp 48% decline compared with the previous month.

VAMA auto sales fell sharply in February
VinFast leads Vietnam’s auto market for 17th consecutive month
VinFast leads Vietnam’s auto market for 17th consecutive month

Vietnamese electric vehicle maker VinFast reported sales of 9,903 electric cars in the domestic market in February, marking the 17th consecutive month it has topped Vietnam’s auto market in terms of sales.

VinFast leads Vietnam’s auto market for 17th consecutive month
Vietnam has 8 dollar billionaires on Forbes’ 2026 list
Vietnam has 8 dollar billionaires on Forbes’ 2026 list

VOV.VN - Forbes has released its World’s Billionaires List 2026, featuring a record 3,428 billionaires worldwide, with Vietnam having eight representatives on the list.

Vietnam has 8 dollar billionaires on Forbes’ 2026 list
PM: Vietnam must not face energy shortages under any circumstances
PM: Vietnam must not face energy shortages under any circumstances

VOV.VN - Prime Minister Pham Minh Chinh on March 10 called for stronger measures to ensure stable energy supply and fuel price stability, stressing that Vietnam must not face energy shortages under any circumstances.

PM: Vietnam must not face energy shortages under any circumstances
Vietnam’s semiconductor development must deliver tangible results: Deputy PM
Vietnam’s semiconductor development must deliver tangible results: Deputy PM

VOV.VN - Vietnam is on the right track to develop its semiconductor industry, and relevant ministries, localities and businesses should take more decisive actions to build a comprehensive semiconductor ecosystem and integrate deeper into the global value chain, said Deputy Prime Minister Nguyen Chi Dung.

Vietnam’s semiconductor development must deliver tangible results: Deputy PM
Over US$1.3 billion raised via government bond auctions in February
Over US$1.3 billion raised via government bond auctions in February

A total of nearly VND34.5 trillion (over US$1.3 billion) was mobilised through government bond auctions in February, up 32.44% from the previous month, according to the Hanoi Stock Exchange (HNX).

Over US$1.3 billion raised via government bond auctions in February
Vietnam’s SMEs face US$24 billion credit gap amid green transition
Vietnam’s SMEs face US$24 billion credit gap amid green transition

Small and medium-sized enterprises (SMEs) in Vietnam is facing an estimated annual credit gap of up to US$24 billion as they seek increasing funding to meet ESG standards and accelerate their green transition, experts said at the Impact Investment Connect: Capital for Growth Forum held in Ho Chi Minh City on March 10.

Vietnam’s SMEs face US$24 billion credit gap amid green transition
Bac Ninh promises favourable conditions for chip, semiconductor technology
Bac Ninh promises favourable conditions for chip, semiconductor technology

The northern province of Bac Ninh is emerging as a promising destination for investment in chip manufacturing, semiconductor technology and other high-tech industries, according to Chairman of the provincial People’s Committee Pham Hoang Son.

Bac Ninh promises favourable conditions for chip, semiconductor technology
EU-Vietnam Global Gateway business and investment forum slated for late March
EU-Vietnam Global Gateway business and investment forum slated for late March

VOV.VN - The first EU–Vietnam Global Gateway business and investment forum is scheduled to take place in Hanoi on March 24 under the theme “Investing Together In A Sustainable Future.”

EU-Vietnam Global Gateway business and investment forum slated for late March
Vietnam has no immediate need to tap national petroleum reserves
Vietnam has no immediate need to tap national petroleum reserves

VOV.VN - Vietnam currently has no immediate need to draw on its national petroleum reserves, as existing supplies are sufficient to meet domestic demand until the end of March, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said.

Vietnam has no immediate need to tap national petroleum reserves
GE Vernova to invest US$200 mil in Hai Phong manufacturing plant
GE Vernova to invest US$200 mil in Hai Phong manufacturing plant

VOV.VN - GE Vernova has announced plans to invest approximately US$200 million to build a high-voltage direct current (HVDC) transmission equipment manufacturing facility in Hai Phong, aiming to support rising energy demand across Asia.

GE Vernova to invest US$200 mil in Hai Phong manufacturing plant
Vietnamese firms showcase products at FOODEX Japan 2026
Vietnamese firms showcase products at FOODEX Japan 2026

VOV.VN - Vietnamese companies are showcasing a wide range of food and agricultural products at FOODEX Japan 2026, which opened on March 10 in Tokyo, aiming to promote Vietnamese produce and expand market opportunities in Japan.

Vietnamese firms showcase products at FOODEX Japan 2026
New regulations on stabilising fuel retail prices drafted
New regulations on stabilising fuel retail prices drafted

The Ministry of Industry and Trade of Vietnam has proposed a mechanism allowing the use of the Fuel Price Stabilisation Fund to stabilise domestic fuel retail prices if they rise sharply and threaten economic stability.

New regulations on stabilising fuel retail prices drafted
Aviation fuel supply for airlines secured through March 2026
Aviation fuel supply for airlines secured through March 2026

VOV.VN - Aviation fuel suppliers in Vietnam have confirmed that fuel supplies for airlines can be secured through the end of March 2026, despite rising prices linked to tensions in the Middle East.

Aviation fuel supply for airlines secured through March 2026
Vietnam needs to accelerate adoption of biofuel amid global energy supply uncertainty
Vietnam needs to accelerate adoption of biofuel amid global energy supply uncertainty

Although a mandatory roadmap for biofuel blending will take effect from June 1, Vietnam should consider accelerating the use of biofuel-blended petrol in response to increasingly complex geopolitical developments affecting global energy supplies.

Vietnam needs to accelerate adoption of biofuel amid global energy supply uncertainty
Dong Thap promotes IUU awareness from start of fishing season
Dong Thap promotes IUU awareness from start of fishing season

As part of national efforts to have the European Commission (EC)'s “yellow card” warning lifted, the southern province of Dong Thap has intensified communication campaigns to raise fishermen’s awareness of combating illegal, unreported and unregulated (IUU) fishing from the very start of the year’s fishing season.

Dong Thap promotes IUU awareness from start of fishing season
Budget revenue from foreign trade rises 12.3% in Jan–Feb
Budget revenue from foreign trade rises 12.3% in Jan–Feb

Vietnam collected VND70.085 trillion (US$2.66 billion) in state budget revenue from import – export activities in the first two months of 2026, fulfilling 15.5% of the annual target and marking a 12.3% increase from the same period last year, according to the Customs Department of Vietnam.

Budget revenue from foreign trade rises 12.3% in Jan–Feb
Petrovietnam proposes halting crude oil exports to secure domestic supply
Petrovietnam proposes halting crude oil exports to secure domestic supply

VOV.VN - Vietnam National Industry - Energy Group (Petrovietnam), the country’s state-owned oil, gas, and energy conglomerate, has proposed that the government consider temporarily halting crude oil exports in order to prioritise domestic refining and safeguard the country’s energy security.

Petrovietnam proposes halting crude oil exports to secure domestic supply
Vietnam cuts fuel import tariffs to zero to secure supply
Vietnam cuts fuel import tariffs to zero to secure supply

VOV.VN - The Vietnamese government has decided to temporarily reduce Most Favoured Nation (MFN) import tariffs on several petroleum products and refining inputs to 0% in an effort to ensure domestic fuel supply and stabilise the market.

Vietnam cuts fuel import tariffs to zero to secure supply
Resolution 68: International lessons for private sector development
Resolution 68: International lessons for private sector development

The issuance of Resolution No. 68-NQ/TW by the Politburo on the private economic sector's development marked an important shift in Vietnam’s development mindset, identifying the private sector as a key driver of the economy. Experiences from other economies offer useful insights for Vietnam as it pursues this policy direction.

Resolution 68: International lessons for private sector development
Dien Bien promotes investment cooperation with Japan, France, Thailand
Dien Bien promotes investment cooperation with Japan, France, Thailand

VOV.VN - Leaders of northern Dien Bien province on March 9 held separate meetings with delegations from the embassies of Japan, France and Thailand in Vietnam to discuss cooperation and investment opportunities.

Dien Bien promotes investment cooperation with Japan, France, Thailand
Domestic petroleum supply meets demand amid Middle East conflict
Domestic petroleum supply meets demand amid Middle East conflict

VOV.VN - Despite fluctuations in the global energy market caused by conflict in the Middle East, Vietnam’s domestic petroleum supply is assessed as largely stable.

Domestic petroleum supply meets demand amid Middle East conflict
Vietnam steps up cooperation with US businesses to attract international capital
Vietnam steps up cooperation with US businesses to attract international capital

Deputy Minister of Finance Nguyen Duc Chi has expressed his wish that the US-ASEAN Business Council (USABC) and its member companies will continue accompanying Vietnam in the development of its financial market, and foreign capital attraction.

Vietnam steps up cooperation with US businesses to attract international capital
Vietnam’s overseas investment rises 2.3-fold in first two months
Vietnam’s overseas investment rises 2.3-fold in first two months

Vietnam’s investment abroad in the first two months of 2026 increased 2.3 times year on year, according to data from the Foreign Investment Agency under the Ministry of Finance.

Vietnam’s overseas investment rises 2.3-fold in first two months
Dung Quat Refinery maintains high capacity, imports crude oil from US suppliers
Dung Quat Refinery maintains high capacity, imports crude oil from US suppliers

VOV.VN - Dung Quat Refinery is operating at high capacity and implementing comprehensive risk management measures to ensure stable production and support domestic petroleum supply amid global energy market volatility, said Binh Son Refining and Petrochemical JSC (BSR).

Dung Quat Refinery maintains high capacity, imports crude oil from US suppliers
Low-emission rice paves the way for higher-value rice exports
Low-emission rice paves the way for higher-value rice exports

VOV.VN - After two years of implementing the programme to develop one million hectares of high-quality, low-emission rice, rice production in the Mekong Delta is shifting toward greener practices, thereby opening opportunities to raise the value of rice exports.

Low-emission rice paves the way for higher-value rice exports
VIFA EXPO 2026 opens across two venues, expanding global trade opportunities
VIFA EXPO 2026 opens across two venues, expanding global trade opportunities

The Vietnam International Furniture and Home Accessories Fair 2026 (VIFA EXPO 2026) opened in HCM City on March 8, serving as a key trade bridge connecting Vietnamese manufacturers with global buyers.

VIFA EXPO 2026 opens across two venues, expanding global trade opportunities
Vietnam records strong increase in fuel imports in two months
Vietnam records strong increase in fuel imports in two months

Vietnam saw a strong increase in fuel imports in the first two months of this year amid global energy uncertainty triggered by spiralling Middle East tensions.

Vietnam records strong increase in fuel imports in two months
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