Hyundai Motor ramps up automotive workforce training in Vietnam

Hyundai Motor ramps up automotive workforce training in Vietnam

VOV.VN - The Republic of Korea (RoK)'s Hyundai Motor Group is accelerating its expansion strategy in Southeast Asia through cooperation on automotive technical workforce training in Vietnam, Seoul-based newspaper Hankyung reported on May 5.

Fertiliser tax policy needs adjustment to boost exports
US leads Vietnam pepper imports, pays above-average prices
Vietnam seeks stronger foothold in Germany’s premium coffee market
Banking sector accelerates digital shift, cashless payments surge
Banking sector accelerates digital shift, cashless payments surge

Vietnam's banking sector is stepping up digital transformation, expanding cashless payments, strengthening system security, and promoting inclusive digital financial services to better serve people and businesses.

Banking sector accelerates digital shift, cashless payments surge
Hanoi aims for over 10% growth in Q2
Hanoi aims for over 10% growth in Q2

Chairman of the Hanoi People’s Committee Vu Dai Thang chaired the committee’s regular meeting on May 5, during which he underlined the requirement for the city to achieve growth of over 10% in the second quarter to fulfil the target of double-digit development for the whole of 2026.

Hanoi aims for over 10% growth in Q2
Vietnam – A strategic link in Pan-Asia Power Grid Initiative: ADB
Vietnam – A strategic link in Pan-Asia Power Grid Initiative: ADB

Vietnam is viewed by senior experts from the Asian Development Bank (ADB) as a key link capable of driving the formation of a connected energy market in Southeast Asia.

Vietnam – A strategic link in Pan-Asia Power Grid Initiative: ADB
BIDV and Gaw Capital Partners strengthen cooperation to promote  high-quality investment projects
BIDV and Gaw Capital Partners strengthen cooperation to promote high-quality investment projects

VOV.VN - The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Gaw Capital Partners, a multi-asset investment firm, on April 29 signed a Memorandum of Understanding (MoU), marking a new milestone in their strategic partnership.

BIDV and Gaw Capital Partners strengthen cooperation to promote  high-quality investment projects
Budget revenue up 15.2% in four months
Budget revenue up 15.2% in four months

Vietnam’s state budget revenue reached an estimated VND1,114 trillion (US$42.84 billion) in January-April, equivalent to 44% of the full-year plan and up 15.2% from a year earlier, the Ministry of Finance reported on May 4.

Budget revenue up 15.2% in four months
Pavilion launched to promote Vietnam products at Foire de Paris
Pavilion launched to promote Vietnam products at Foire de Paris

VOV.VN - Vietnam on May 4 launched its national pavilion at the Foire de Paris, one of the oldest and most prominent trade and cultural fairs in France and Europe, aiming to promote the country’s image, culture, and products to international audiences.

Pavilion launched to promote Vietnam products at Foire de Paris
Finance ministry lays out three-step formula for macro stability
Finance ministry lays out three-step formula for macro stability

Deputy Minister of Finance Le Tan Can has outlined three key and breakthrough solutions to maintain macroeconomic stability, control inflation, and balance growth speed with quality amid global economic headwinds and pressure to achieve high growth targets in 2026.

Finance ministry lays out three-step formula for macro stability
ILDEX Vietnam 2026 to spotlight sustainable transformation in agrifood sector
ILDEX Vietnam 2026 to spotlight sustainable transformation in agrifood sector

The 10th International Livestock, Dairy, Meat Processing and Aquaculture Exposition (ILDEX Vietnam 2026) is scheduled to take place from May 20 to 22, underscoring the industry’s shift towards greener production, digitalisation and more resilient, efficient value chains.

ILDEX Vietnam 2026 to spotlight sustainable transformation in agrifood sector
PVOIL to roll out E10 gasoline nationwide from May 15
PVOIL to roll out E10 gasoline nationwide from May 15

Petrovietnam Oil Corporation (PVOIL), a subsidiary of Vietnam National Industry - Energy Group, has completed all necessary technical infrastructure, supply arrangements, and workforce preparation to officially distribute E10RON95 biofuel gasoline across its entire nationwide system starting May 15.

PVOIL to roll out E10 gasoline nationwide from May 15
Global electronics brands gather at IEAE Vietnam 2026
Global electronics brands gather at IEAE Vietnam 2026

The Vietnam International Electronics & Smart Appliances Expo (IEAE 2026) is set to draw hundreds of global brands and showcase thousands of cutting-edge products, delivering an immersive technology experience while opening up new avenues for business partnerships and market expansion.

Global electronics brands gather at IEAE Vietnam 2026
Rising demand for hybrid vehicle lifts Toyota Vietnam’s April sales
Rising demand for hybrid vehicle lifts Toyota Vietnam’s April sales

Hybrid vehicle sales by Toyota Vietnam (TMV) jumped 78% year-on-year in April, highlighting a growing shift among Vietnamese consumers toward fuel-efficient and environmentally friendly cars.

Rising demand for hybrid vehicle lifts Toyota Vietnam’s April sales
Agro-forestry-fishery exports up 5.4% in four months
Agro-forestry-fishery exports up 5.4% in four months

Vietnam’s export turnover of agro-forestry-fishery products reached an estimated US$23.04 billion in the first four months of 2026, up 5.4% year-on-year, according to the Ministry of Agriculture and Environment.

Agro-forestry-fishery exports up 5.4% in four months
Vietnam, India expand trade cooperation in new growth phase
Vietnam, India expand trade cooperation in new growth phase

The coming state visit to India by Party General Secretary and State President To Lam is expected to create momentum helping the two countries shape the framework for bilateral cooperation in a new development phase.

Vietnam, India expand trade cooperation in new growth phase
Moody’s upgrades Vietnam outlook to Positive, cites institutional reforms
Moody’s upgrades Vietnam outlook to Positive, cites institutional reforms

VOV.VN - Moody’s has upgraded Vietnam’s outlook to Positive from Stable and affirmed its Ba2 sovereign rating, showing confidence in the country’s improving credit profile over the medium term.

Moody’s upgrades Vietnam outlook to Positive, cites institutional reforms
Intel relocates assembly and test operations from Costa Rica to HCM City
Intel relocates assembly and test operations from Costa Rica to HCM City

VOV.VN - Intel has been relocating part of its assembly, packaging and testing operations from Costa Rica to the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City to produce chips for data centre servers.

Intel relocates assembly and test operations from Costa Rica to HCM City
Deputy PM backs Swiss firm’s tourism investment plans in Gia Lai
Deputy PM backs Swiss firm’s tourism investment plans in Gia Lai

VOV.VN - Deputy Prime Minister Ho Quoc Dung was appreciative of tourism investment plans by Switzerland-based FS Finance Suisse AG in Gia Lai province during a meeting with its Chairman, Roland Staub, at the Government headquarters in Hanoi on May 4.

Deputy PM backs Swiss firm’s tourism investment plans in Gia Lai
PM orders further cuts, simplification of administrative procedures
PM orders further cuts, simplification of administrative procedures

Prime Minister Le Minh Hung has directed ministries to step up the review to streamline administrative procedures and business conditions, aiming to ease burdens on citizens and enterprises and support high economic growth.

PM orders further cuts, simplification of administrative procedures
Banks strengthen digital shields against online fraud
Banks strengthen digital shields against online fraud

As financial fraud and online scams become increasingly sophisticated, Vietnamese banks are tightening transaction controls and deploying digital tools to detect risks earlier and better protect customers.​

Banks strengthen digital shields against online fraud
New businesses, market re-entries up 32.8% in first four months
New businesses, market re-entries up 32.8% in first four months

More than 119,400 enterprises were established and re-entered the market in the first four months of 2026, marking a year-on-year increase of 32.8%, according to the National Statistics Office under the Ministry of Finance (MoF).

New businesses, market re-entries up 32.8% in first four months
Resolution 17 removes land, environmental bottlenecks to unlock development resources
Resolution 17 removes land, environmental bottlenecks to unlock development resources

VOV.VN - The Government’s Resolution 17 focuses on removing constraints in land access and environmental procedures to unlock development resources, as Vietnam seeks to advance modern agriculture and a green economy.

Resolution 17 removes land, environmental bottlenecks to unlock development resources
Fruit prices plunge despite strong export growth
Fruit prices plunge despite strong export growth

VOV.VN - Vietnam’s fruit and vegetable exports rose more than 27% in the first quarter of the year, but sharp declines in several key items drove domestic prices down significantly.

Fruit prices plunge despite strong export growth
Vietnam PMI falls to seven-month low but remains in growth territory
Vietnam PMI falls to seven-month low but remains in growth territory

VOV.VN - Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) dropped to a seven-month low of 50.5 in April from 51.2 in March, signaling a tenth consecutive, albeit marginal, improvement in overall business conditions.

Vietnam PMI falls to seven-month low but remains in growth territory
Vietnam Medipharm Expo to get 300 exhibitors, 12,000 visitors
Vietnam Medipharm Expo to get 300 exhibitors, 12,000 visitors

Leading players from the medical and pharmaceutical industries in Vietnam and a number of other countries will take part in the annual Vietnam International Medical and Pharmaceutical Exhibition to be held from May 6 to 9 at the Vietnam – Soviet Friendship Cultural Palace in Hanoi.

Vietnam Medipharm Expo to get 300 exhibitors, 12,000 visitors
Industrial production rises 9.2% on manufacturing growth in early 2026
Industrial production rises 9.2% on manufacturing growth in early 2026

VOV.VN - Vietnam’s industrial production continued its positive momentum in the first four months of 2026, with the Index of Industrial Production (IIP) rising 9.2% year on year, driven largely by strong growth in processing and manufacturing.

Industrial production rises 9.2% on manufacturing growth in early 2026
CPI up 0.84% in April on rising energy, dining costs
CPI up 0.84% in April on rising energy, dining costs

Soaring domestic gas prices, riding a global fuel rally, alongside steeper costs for dining-out services and construction materials drove Vietnam’s Consumer Price Index (CPI) up 0.84% in April from the previous month, the Finance Ministry’s National Statistics Office reported May 3.

CPI up 0.84% in April on rising energy, dining costs
FDI inflows surge 32% in four months, disbursement hits five year high
FDI inflows surge 32% in four months, disbursement hits five year high

VOV.VN - Foreign direct investment (FDI) inflows into Vietnam continued to accelerate in the first four months of 2026, totalling US$18.24 billion, up 32% year on year, while disbursed capital rose to its highest level in five years, reflecting sustained investor confidence in the country’s economic outlook.

FDI inflows surge 32% in four months, disbursement hits five year high
Vietnam trade deficit reaches US$7.11bln as imports surge in early 2026
Vietnam trade deficit reaches US$7.11bln as imports surge in early 2026

VOV.VN - Vietnam recorded a trade deficit of US$7.11 billion in the first four months of 2026 as imports rose sharply, outpacing strong export growth and reflecting rising demand for production inputs as well as continued reliance on the foreign invested sector.

Vietnam trade deficit reaches US$7.11bln as imports surge in early 2026
Roasted coffee exports to Thailand rise as demand shifts to premium brews
Roasted coffee exports to Thailand rise as demand shifts to premium brews

Vietnam’s coffee exports to Thailand rose rapidly in early 2026, driven by growing demand for roasted and processed products, even as global coffee prices eased in mid-April.

Roasted coffee exports to Thailand rise as demand shifts to premium brews
Vietnam OCOP products build domestic strength, move into global markets
Vietnam OCOP products build domestic strength, move into global markets

VOV.VN - After more than seven years of implementation, Vietnam’s One Commune One Product (OCOP) programme has not only reshaped the rural goods market at home but is also gradually bringing local specialties to international markets.

Vietnam OCOP products build domestic strength, move into global markets
Fiscal measures to support double-digit growth in 2026
Fiscal measures to support double-digit growth in 2026

VOV.VN - Vietnam’s GDP grew an estimated 7.83% in the first quarter of 2026, higher than the same period last year but below the 9.1% target set in the Government’s growth scenario, requiring stronger expansion in the remaining quarters to achieve a double-digit growth rate for the whole year.

Fiscal measures to support double-digit growth in 2026
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