Total export revenue reaching $384.9 million.

Vietnam’s export revenue from crabs and shellfish reached a record high of $384.9 million in 2025, up 18.7% year on year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

These products were exported to 25 countries and territories, with China and Japan among the major markets.

Vietnamese crab and shellfish are highly regarded for their stable quality and suitability for the mid-range and high-end segments. Meeting strict food safety standards and being free from antibiotics and harmful bacteria, the products have gained access to restaurant chains, supermarkets, and e-commerce platforms in China's major cities such as Shanghai, Beijing, and Guangzhou.

The surge in exports was driven by rising demand in key markets, particularly China, where crab exports in the first nine months of 2025 skyrocketed 784% year on year.

Exports of other aquatic products, including squid and octopus, also posted strong growth, with total turnover reaching $758.7 million, up 15.5% compared to 2024. The Republic of Korea was the largest market, accounting for 38% of export value, followed by Japan with 23%.

Overall, Vietnam’s seafood export revenue in 2025 was estimated at $11.3 billion.

VnEconomy-Chu Khôi

A license for surface water exploitation has a maximum term of 10 years and a minimum term of 5 years, and may be renewed multiple times, with each renewal lasting 5 years.

The Government has recently promulgated Decree No. 23/2026/ND-CP, amending and supplementing several articles of existing decrees in the field of water resources.

Notably, the new decree adds new provisions to Decree No. 54/2024/ND-CP regarding the principles, grounds, and conditions for granting water resource exploitation and groundwater exploration licenses.

Under the new Decree, the registration and licensing of water resource exploration, exploitation, and use must ensure correct jurisdiction, eligible entities, and compliance with prescribed procedures. The regulations aim to harmonize the interests of the State with the legal rights and interests of relevant organizations and individuals. Priority is given to water supply for domestic use, while emphasizing the protection of water resources to prevent degradation, depletion, and pollution.

The issuance of these licenses must be based on water resource planning as well as sectoral, regional, and provincial planning. Other factors include the current status of water extraction and use, appraisal results from competent authorities, and the specific water demands of the applicants.

The Decree also specifies the conditions for granting exploitation and exploration licenses. Accordingly, organizations and individuals will be granted a water resource exploitation license only after completing the public consultation process as required by the Law on Water Resources.

Decree No. 23/2026/NĐ-CP clearly stipulates the duration of licenses. A license for surface water exploitation has a maximum term of 10 years and a minimum term of 5 years, and may be renewed multiple times, with each renewal lasting 5 years.

A license for seawater exploitation has a maximum term of 15 years and a minimum term of 10 years, and may be renewed multiple times, with each renewal lasting 10 years.

A license for groundwater exploitation has a maximum term of 5 years and a minimum term of 3 years, and may be renewed multiple times, with each renewal lasting 3 years.

A license for groundwater exploration has a term of 2 years and may be renewed once, with the renewal period not exceeding 1 year. In cases where organizations or individuals request the issuance or renewal of a license with a shorter term, the license shall be issued or renewed according to the term proposed in the application for licensing.

Vneconomy-Nhĩ Anh

Deputy Prime Minister Nguyen Chi Dung has been appointed as the Chairman of the Council.

Under Prime Miníterial Decision No. 85/QD-TTg, signed recently by Prime Minister Pham Minh Chinh,  an Appraisal Council to oversee adjustments to regional planning for the 2021-2030 period, with a vision toward 2050, has been established.

The Council, headed by Deputy Prime Minister Nguyen Chi Dung, is tasked with organizing the appraisal of regional planning adjustments for six key regions: the Northern Midlands and Mountains; the Red River Delta; the North Central Coast; the South Central Coast and Central Highlands; the Southeast; and the Mekong Delta. These activities will be carried out in accordance with Article 56 of Planning Law No. 112/2025/QH15.

Council members include representatives from the Ministry of National Defense; the Ministry of Public Security; the Ministry of Foreign Affairs; the Ministry of Home Affairs; the Ministry of Justice; the Ministry of Finance; the Ministry of Industry and Trade; the Ministry of Agriculture and Environment; the Ministry of Construction; the Ministry of Culture, Sports and Tourism; the Ministry of Science and Technology; the Ministry of Education and Training; the Ministry of Health; the Committee for Ethnic and Religious Affairs; the State Bank of Vietnam; and the Government Inspectorate.

The Council also includes leaders from various provincial and municipal People’s Committees and independent experts serving as appraisal reviewers.

The Appraisal Council will operate on a concurrent basis and will automatically dissolve after the regional planning adjustments for the 2021-2030 period (with a vision to 2050) are officially approved by the Prime Minister, as stipulated in Clause 19, Article 56 of the Planning Law.

Vneconomy-Hoàng Bách

This effort is vital to guaranteeing national energy security in a new era of digital transformation and high-tech development—the era of the nation’s rise.

Prime Minister Pham Minh Chinh on January 18 issued Directive 01/CT-TTg to ensure stable power supply for production and daily life during peak times in 2026 and the 2027–2030 period.

The PM emphasized that ensuring an adequate power supply for socio-economic development during the 2026–2030 period is a top-priority political task. This effort is vital to guaranteeing national energy security in a new era of digital transformation and high-tech development—the era of the nation’s rise.

On this basis, the PM called for the highest sense of responsibility, the mobilization of the entire political system, and the concentration of all resources to expedite and complete power source and transmission projects as quickly as possible. He strictly prohibited any project bottlenecks or delays resulting from slow administrative procedures at the ministerial, agency, or local levels.

For the short-term goals of 2026, the Government leader directed the Ministry of Industry and Trade to closely monitor demand fluctuations and oversee system operations. The primary focus must be on completing and commissioning key transmission grid projects on schedule, particularly those ensuring power supply to the North and facilitating electricity imports from Laos and China.

Regarding Vietnam Electricity (EVN), the PM instructed the group to develop backup operational plans for the power system, including extreme scenarios. Notably, EVN must urgently study and deploy Battery Energy Storage Systems (BESS) on the distribution grid to bolster supply capacity for 2026 and subsequent years, with a specific focus on the northern region.

State corporations, including Petrovietnam (PVN) and Vinacomin (TKV), are tasked with ensuring a stable and continuous supply of primary fuels—such as coal, gas, and oil—for electricity generation. They must absolutely prevent fuel shortages that could lead to unscheduled power plant shutdowns.

Finally, PM Chinh demanded that project investors concentrate their resources and exert their highest determination to complete projects scheduled for operation in 2026. These projects must meet the highest standards of operational readiness, safety, and reliability to satisfy the requirements of the national power system.

The Directive stated that against the backdrop of forecasted high growth in electricity demand and increasingly complex, extreme, and unpredictable weather patterns, ensuring an adequate power supply for socio-economic development, national defense, security, and the public's daily needs in 2026 and the 2027–2030 period places exceptionally high requirements on the leadership and operation of the national power system.

Notably, 2026 marks the inaugural year for implementing the Resolution of the 14th National Party Congress, as well as the commencement of the five-year Socio-Economic Development Plan (2026–2030) and the ten-year Socio-Economic Development Strategy (2026–2035). Throughout 2026, numerous major cultural, political, and economic events will take place, most significantly the 14th National Party Congress and the elections for the 16th National Assembly and People’s Councils at all levels for the 2026–2031 term.

Vneconomy-Huyền Vy

Relations between Vietnam and Italy are strengthened by the complementary nature of the two economies.

Italy is recognized as one of the most advanced economies in the EU, characterized by a dynamic network of small and medium-sized enterprises (SMEs) equipped with advanced technologies and innovative capabilities - assets that align closely with Vietnam’s industrial development priorities.

It currently stands as one of Vietnam’s most important partners in Europe. Over many years, Italian enterprises have proactively broadened their market presence in Vietnam, intensified investment activities, and deepened cooperation.

Drawing attention

Vietnam offers a stable and increasingly transparent investment environment, a large and skilled workforce, and a strategic location in the heart of Southeast Asia, making it an attractive destination for Italian businesses seeking to expand markets, optimize production networks, and benefit from preferential access provided by free trade agreements, particularly the EU-Vietnam Free Trade Agreement (EUVFTA).

Data from the Foreign Investment Agency (FIA) at the Ministry of Finance (MoF) shows that, as of October, Italian investors had 163 active projects in Vietnam with total registered capital of some $629.25 million. Several major Italian companies, such as Piaggio, Ariston Thermo, and Mapei, have chosen Vietnam as their primary manufacturing base for the entire Asian region. The activities of Italian investors reflect Italy’s steady and long-term presence in Vietnam’s investment landscape, demonstrating not only the interest of Italian businesses in the market but also the growing confidence they place in Vietnam’s economic prospects, reform efforts, and investment environment.

Bilateral trade reached more than $6.91 billion in 2024, an increase of 13.1 per cent compared to 2023, and surpassed $6.08 billion in the first ten months of this year; maintaining a stable upwards trend. These figures demonstrate that economic relations between Vietnam and Italy are developing steadily and hold significant potential for further expansion in the years ahead.

Beyond economic cooperation, the relationship is also enriched by shared cultural and historical values, as well as a mutual aspiration for peace, stability, and sustainable prosperity. These common foundations help foster deeper understanding between the two peoples and create a favorable environment for long-term collaboration across multiple fields.

Notably, bilateral relations between the two have posted a host of remarkable accomplishments, becoming one of the most prominent examples of Vietnam’s cooperation with European countries. These factors serve as an important foundation for the two to continue elevating their partnership to new heights. “The Vietnam-Italy relationship is strengthened by four complementary similarities: mutual trust; economic structures that support and promote each other’s development; a warm and sincere friendship; and a shared desire for peace and strong advancement,” Deputy Minister of Finance Ho Sy Hung emphasized.

Beyond appreciating the strong political ties, Italian businesses also view Vietnam as a market full of potential. Mr. Fabio De Cillis, Director of the Italian Trade Agency (ITA) in Vietnam, noted that Vietnam has been emerging as an attractive destination in the internationalization strategies of Italian enterprises thanks to its dynamic growth, skilled workforce, and continually-improving investment environment.

Economic cooperation between the two countries, particularly in machinery and equipment, has also been expanding rapidly. Italy not only exports complete machinery but also collaborates with Vietnam in supplying components and semi-finished products and in technology transfer, thereby fostering a mutually-beneficial cooperative model and enabling Vietnam to gradually integrate more deeply into global supply chains. “In addition to traditional strengths such as food and fashion, Italy is also interested in developing cooperation with Vietnam in new sectors of potential such as high technology, including medical technology, space technology, and AI,” Mr. De Cillis added.

Untapped potential

In addition to the positive results achieved over many years of cooperation, ties in economics, trade, and investment between Vietnam and Italy still hold tremendous untapped potential for further development. The two countries possess a wide range of complementary advantages, from economic structures and sectoral strengths to geopolitical positions, which open numerous opportunities for businesses on both sides to strengthen connections, expand investment projects, boost import-export activities, and promote technology transfer.

In order to more strongly and effectively harness this potential, Deputy Minister Hung noted that Vietnam hopes Italian enterprises, drawing on their experience, resources, and reputation, will support Vietnam in accessing shifting investment flows, green and sustainable finance, and capital for science, technology, and innovation. “In particular, to realize Vietnam’s commitment to achieving net-zero emissions by 2050, Vietnam looks forward to learning from Italy’s experience and cooperating in the development of renewable energy and the green economy,” he stressed.

Beyond cooperation at the national level, collaborative opportunities between localities in Vietnam and Italy are also more promising than ever. As regional authorities and localities on both sides strengthen exchanges and seek practical partnership models, new avenues for cooperation in areas such as investment, tourism, education, culture, and urban development are rapidly emerging. These growing local-to-local ties add depth and vitality to the overall bilateral relationship.

One significant turning point was the inauguration of direct Hanoi - Milan flights earlier this July, shortening travel times and facilitating trade, tourism, and business connections. As a result, opportunities for economic cooperation, investment, and exchanges between localities in both countries expanded markedly, increasing the likelihood of forming new partnership projects across multiple sectors.

Furthermore, the effective utilization of the EUVFTA has been creating an important driving force for the strong and continued growth of Vietnam-Italy economic cooperation. Extensive tariff-reduction commitments offer major opportunities for Vietnamese goods to access the European market, while enabling Italian companies to more easily reach Vietnam’s highly promising market.

The EUVFTA also enhances the harmonization of standards and technical regulations, improves the investment and business environment, and enables firms from both sides to expand production, strengthen supply chain links, and promote projects of high complementarity. Consequently, Vietnam-Italy trade and investment relations are not only increasing in scale but also improving significantly in quality, moving towards long-term sustainability and effectiveness.

Mr. Valentino Valentini, Deputy Minister for Enterprises and Made in Italy, said that in a rapidly-changing global landscape, both Italy and Vietnam need to focus on key areas such as digital technology, green technology, energy, and AI, while addressing challenges related to energy balance, particularly the imperative to “advance economic development while minimizing environmental impacts.”

Therefore, the two countries’ cooperation and mutual support in overcoming these challenges will open up numerous opportunities to boost trade, attract high-quality investment, accelerate technology transfer, and develop high value added supply chains. “Italian businesses are increasingly interested in the Vietnamese market and stand ready to share their experience to help address these challenges,” Mr. Valentini affirmed.

VET-Bao Tram

The 110-km expressway connecting the Mekong Delta’s Can Tho City, An Giang and Ca Mau provinces.

The entire Can Tho – Ca Mau section of the Eastern North–South Expressway officially opened to traffic on January 19.

The expressway session has a total length of more than 110 km, features four lanes, and represents a total investment of over VND27.5 trillion ($1.11 billion). It connects Can Tho City with An Giang and Ca Mau provinces in the Mekong Delta, with a maximum speed limit of 80 km per hour.

The project is a key transport infrastructure development, serving as a strategic connectivity axis for the Mekong Delta region and forming a high-speed transport corridor linking the regional center with the country’s southernmost point.

The full opening of the Can Tho – Ca Mau expressway is expected to unlock new development opportunities across the Mekong Delta by shortening travel time, reducing logistics costs, and enhancing the competitiveness of the region’s agriculture, aquaculture, and processing industries.

VnEconomy-Đan Tiên

The selling price of SJC-branded gold bars reaching VND165 million ($6,272) per tael on January 19.

Selling prices of SJC-branded gold bars in Vietnam surged to a historic high of VND165 million ($6,272) per tael on January 19, after remaining unchanged for three consecutive days.

One tael is equivalent to 37.5 grams, or 1.2 ounces.

Buying prices also climbed to a record VND163 million per tael. Both buying and selling prices rose by VND2.2 million ($83.6) from the previous day.

Gold ring prices followed a similar upward trend, rising to VND159.7 million per tael for buying and VND162.2 million per tael for selling, an increase of VND2.5 million per tael.

On the global market, gold prices continued to edge higher, gaining 1.5% to $4,662.3 per ounce. At this level, domestic gold prices remain about VND15.16 million ($576) per tael higher than international prices.

VnEconomy-Mai Nhi

Under the proposal, the center will include various types of members, such as banks, securities firms, insurance companies, investment funds, asset management firms, Fintech companies, and market infrastructure organizations.

Deputy Minister of Justice Nguyen Thanh Tinh has chaired a meeting of the Advisory Council to gather feedback on the Draft Operational Regulations for the International Financial Center (IFC) in Vietnam.

According to a report from the Executive Body of the Ho Chi Minh City International Financial Center, the third draft, that consists of 11 chapters, 75 articles, and 7 appendices defines the organizational model and operational principles of the center.

Under the proposal, the center will include various types of members, such as banks, securities firms, insurance companies, investment funds, asset management firms, Fintech companies, and market infrastructure organizations.

The draft allows for the establishment and operation of diverse trading floors, including securities, commodity derivatives, carbon credits, real estate, art, and precious metals. Notably, it includes specific regulations for digital asset and cryptocurrency trading platforms.

Dispute resolution will be handled by a specialized court and an International Arbitration Center operating under the IFC.

The draft also stipulates specific mechanisms, unique policies, and special executive authorities for the Center. For key or specialized infrastructure projects under the Public-Private Partnership (PPP) model, the executive body will submit special plans to the Executive Council. Upon approval, the executive body will select investors and sign PPP contracts. It will also issue detailed guidelines for the designation or selection process for these specialized PPP projects.

Regarding the "Regulatory Sandbox" mechanism, the goal is to provide a controlled environment for organizations and businesses to test new financial products, services, and business models during their development stage. This initiative aims to encourage innovation and collect practical data to refine the legal framework. At the same time, it seeks to ensure consumer protection and appropriate risk management, maintaining information transparency, system safety, and feasibility for future scaling.

Concluding the meeting on January 16, Deputy Minister Tinh requested the drafting agency to carefully review the constitutionality and legality of the document.

He noted that the principle of prioritizing the application of laws for the IFC is already stipulated in the National Assembly's Resolution No. 222/2025/QH15 and various Government Decrees. Therefore, the Center's regulations must ensure consistency and synchronization with the broader legal system.

Vneconomy-Như Nguyệt

Some areas recording increases of more than 40%.

Apartment prices in Vietnam surged sharply in 2025, rising 20–30% year on year, with some areas recording increases of more than 40%, particularly in the mid-range and high-end segments, according to the Ministry of Construction.

In Hanoi, the average selling price of primary apartments was estimated at VND100 million ($3,802) per sq.m, up 40% from 2024. Several projects were listed at notably high levels, including Celestine Westlake at VND160–255 million per sq.m, LUMIÈRE Essence Peak at VND130–177 million, Vinhomes D’Capitale at VND120–150 million, and Diamond Residence at VND130–151 million per sq.m.

In Ho Chi Minh City, the average apartment price reached VND111 million per sq.m in 2025, representing a 23% increase compared to the previous year.

Meanwhile, in other localities, average apartment prices rose by 10–15% year on year.

For the villa and townhouse segment, selling prices at the end of 2025 remained broadly stable compared to the previous quarter. However, on a full-year basis, prices increased by 10–20% from 2024, with the strongest gains concentrated in areas featuring well-developed infrastructure and central locations.

The Ministry of Construction said it will keep close watch over the real estate market to have appropriate measures to monitor to ensure the safe, transparent and sustainable development of the market.

VnEconomy-Phan Nam

The industry's export revenue in 2025 reaching $18.5 billion.

Vietnam has set a target of earning $25 billion from exports of wood and wood products by 2030.

In 2025, the wood industry generated $18.5 billion in export revenue, up 6.6% year on year, according to figures from Vietnam Customs.

The year marked a significant milestone for the sector as, for the first time, wooden furniture exports exceeded $10 billion, accounting for nearly 60% of total industry revenue. This achievement not only reinforces Vietnam’s position on the global wood export map but also reflects the sector’s strong and sustained development.

The United States remained Vietnam’s largest export market, with shipments valued at $9.46 billion, representing 55% of total export revenue.

Another highlight was the Japanese market, which recorded growth of more than 23%, with export turnover reaching $2.153 billion. Japan overtook China to become Vietnam’s second-largest market, while China ranked third with exports of over $2 billion.

Together, the US, Japan, and China accounted for nearly 80% of Vietnam’s total wood and wood product export turnover in 2025.

VnEconomy-Chu Minh Khôi

ASML is studying the possibility of expanding its supply chain in Vietnam, and cooperating to establish a semiconductor training and RD centre.

Vietnam is stepping up efforts to develop its semiconductor industry through cooperation with ASML, the world’s leading semiconductor equipment manufacturer from the Netherlands, the Vietnam News Agency quoted the Ministry of Finance (MoF) as reporting.

Finance Minister Nguyen Van Thang has recently held a working session with Mr. Eduard Stiphout, Senior Vice President in charge of strategic supply chain and procurement at ASML.

At the meeting, Mr. Thang highly appreciated ASML’s growing interest in the Vietnamese market, noting that the group’s dispatch of senior executives to Vietnam and its active participation in SEMIExpo Vietnam 2025 demonstrated a strong commitment to long-term strategic cooperation.

He proposed that ASML coordinate with the Dutch Embassy in Vietnam, the National Innovation Centre (NIC) and relevant partners to develop a comprehensive roadmap, appropriate financial mechanisms, and public–private resource mobilisation models to soon establish a semiconductor training, research and development centre at the NIC’s Hoa Lac campus.

He also called on ASML to help connect qualified Vietnamese enterprises to participate more deeply in the group’s global supply chain, as well as help Vietnamese firms develop manufacturing, research and testing infrastructure, with a view to gradually forming domestic production capabilities and supporting the establishment of Vietnam’s first chip manufacturing plant.

Training programmes, expert exchanges, internships and scholarship support in the semiconductor field were also highlighted as key areas of cooperation to help build a pool of Vietnamese engineers and specialists capable of meeting the stringent technical standards of ASML and the global semiconductor equipment industry.

For his part, Mr. Stiphout said that ASML is studying the possibility of expanding its supply chain in Vietnam, cooperating to establish a semiconductor training and RD centre at the NIC with support from the Dutch Government, and considering setting up an official presence in Vietnam in the near future. The group is also assessing opportunities to supply equipment to potential customers in the country.

VNA-Vân Nguyễn

Wharf No. 6 is oriented toward an integrated development model, combining wharves, storage yards, and advanced equipment to provide stevedoring, warehousing, freight transport, and other related logistics services.

Mr. Nguyen Khac Toan, Chairman of the Hue City People’s Committee, has officially signed a decision granting in-principle investment approval for the construction of Wharf No. 6 at Chan May Port, located within the central city's Chan May – Lang Co Economic Zone.

According to the decision, the project will cover an area of more than 15.5 ha, consisting of over 13.2 ha of land and nearly 2.3 ha of water surface.

This is a key infrastructure project aimed at gradually completing the Chan May deep-water port system to meet the increasing demand for maritime transport in the Central Vietnam region.

In terms of technical specifications, the project includes the construction of a wharf system featuring one berth designed to accommodate general cargo, container, bulk, and liquid cargo vessels with a deadweight tonnage (DWT) of up to 70,000 tons. The remaining two berths will be capable of receiving vessels up to 10,000 DWT. The project also encompasses technical infrastructure, warehouses, yards, and machinery to facilitate efficient import and export operations.

Wharf No. 6 is oriented toward an integrated development model, combining wharves, storage yards, and advanced equipment to provide stevedoring, warehousing, freight transport, and other related logistics services.

Once operational, the wharf is expected to significantly boost cargo throughput capacity—particularly for containerized goods—meeting the growing logistics requirements of the region and neighboring provinces.

The project has a total investment of over VND928 billion (over $35 million). Of this, the investor's equity contribution must represent a minimum of 20% of the total capital, with the remainder to be mobilized from other legal sources in accordance with regulations.

Vneconomy-Nguyễn Thuấn

Tien Lang 1 IP will prioritize high-tech and clean industries, with a focus on electronics, semiconductors (microchips), electric vehicle manufacturing, supporting industries, and high-tech logistics.

Hai Phong City has simultaneously commenced construction on three major industrial park (IP) projects with a combined investment exceeding VND19 trillion (over $723 million).

The first project, Tien Lang 1 Industrial Park, spans nearly 600 ha with a total investment of VND13 trillion (over $497 million). Invested by the Asia Pacific Sustainable Green Development JSC, the project is strategically located within the Free Trade Zone of the Southern Hai Phong Coastal Economic Zone. Once operational, the park is expected to generate employment for approximately 42,000 to 45,000 workers.

Tien Lang 1 is designed as a modern, green, and smart industrial park featuring international-standard technical infrastructure. It will prioritize high-tech and clean industries, with a focus on electronics, semiconductors (microchips), electric vehicle manufacturing, supporting industries, and high-tech logistics.

The second project is the Tien Lang Airport Industrial Park – Zone B, developed by the C.E.O Industrial Park Development JSC. Located in Chan Hung Commune, the project covers 186.49 ha with a total investment of nearly VND 2.8 trillion (over $106 million).

As a key project within the Southern Hai Phong Coastal Economic Zone, it plays a vital role in shifting the economic structure of Hai Phong City's former Tien Lang district from agriculture to industry and services. Positioned as an eco-friendly and supporting industrial park, it aims to attract high-quality investment in electronics, mechanical engineering, automotive assembly, and high-tech manufacturing.

The third project involves the infrastructure construction and business operation of the Vinh Quang Industrial Park (Phase 1), situated in Vinh Bao and Vinh Hai Communes. Developed by IDICO Vinh Quang JSC, the project spans 226.01 ha with a total investment of VND3.55 trillion ($135 million).

With a vision to build an eco-industrial park, the project will establish a synchronized, modern, and environmentally friendly infrastructure system. It will prioritize clean, high-tech, and low-emission industries to ensure sustainable development.

Vneconomy-Nguyễn Hiền

Komeri Group is particularly interested in partnering with Vietnam's northern province in two key product categories: agricultural supplies and equipment, and household goods.

Vietnamese-made goods have already established a strong presence within Komeri’s supply chain and are highly regarded by Japanese consumers, said Mr. Sasage Yuichiro, Chairman and CEO of Komeri Group, during a recent working session with authorities of Ninh Binh province in northern Vietnam.

He noted that the group is particularly interested in partnering with Ninh Binh in two key product categories: agricultural supplies and equipment, and household goods. These sectors have consistently received positive feedback in the Japanese market, he added.

Leveraging its proven experience and successful business model, Komeri aims to study and implement its operations in Ninh Binh. This initiative is expected to open new avenues for cooperation, contributing to sustainable economic development and fostering long-term ties between the province and its Japanese partners.

According to Mr. Yuichiro, Komeri is currently one of Japan's leading retail groups, boasting a nationwide network of stores and supermarkets. Its system is organized into large, medium, and small-scale models, tailored to meet the diverse needs of local residents.

During the reception for Japanese firms on January 16, Chairman of the Ninh Binh People’s Committee, Mr, Tran Huy Tuan, highlighted that the province’s economic scale currently ranks among the top 10 largest localities in Vietnam.

Ninh Binh currently has approximately 12,000 ha of industrial land under operation. Furthermore, the province has planned additional industrial zones totaling up to 17,000 ha, providing significant capacity to accommodate large-scale, high-tech projects and modern production chains.

Alongside these advantages, Ninh Binh boasts an abundant human resource pool, training and supplying around 50,000 skilled workers annually. This workforce is well-equipped to meet the increasingly stringent requirements of international enterprises, particularly major corporations from Japan.

Vneconomy-Nguyễn Thuấn

The loan is provided by a consortium of four state-owned commercial banks of Vietcombank, VietinBank, BIDV, and Agribank, with Vietcombank serving as the lead bank.

Vietnam Electricity (EVN) officially signed a loan agreement for "Component Project 1 – Power Plant" of the Quang Trach II LNG Thermal Power Project on January 16.

The loan is provided by a consortium of four state-owned commercial banks of Vietcombank, VietinBank, BIDV, and Agribank, with Vietcombank serving as the lead bank.

The Quang Trach II Liquefied Natural Gas (LNG) Thermal Power Plant consists of two units with a total capacity of 1,500 MW. Utilizing advanced combined-cycle gas turbine (CCGT) technology, the plant is located in the Hon La Economic Zone, Phu Trach Commune, Quang Tri Province.

EVN serves as the project developer with a total investment exceeding VND52.49 trillion (nearly $2 billion). The capital structure is comprised of 20% equity and 80% commercial loans. The overall development is divided into two sub-projects: Componnent project 1 (the power plant) with a total investment of VND40.1 trillion (over $1.5 billion), and Component project 2 (LNG Terminal and port) wiht estimated investment of VND11.8 trillion ($449 million).

The primary objective of Component project 1 is the construction of a 1,500 MW power generation facility. This includes the main combined-cycle gas turbine units and a comprehensive suite of auxiliary systems, such as water supply and treatment, wastewater treatment, electrical systems, and integrated measurement and control systems.

To ensure the project's progress, EVN has simultaneously executed various preparatory phases, with securing capital being a top priority. The total loan amount signed for Component Project 1 of the Quang Trach II LNG Thermal Power Plant stands at VND29.568 trillion (over $1.12 billion).

Vneconomy-Huyền Vy

A significant amount of green capital has found its way to Vietnam as the country targets energy transition and green growth.

Green finance has become a key driver guiding sustainable development processes in many countries in the context of climate change increasingly impacting upon socio-economic development. Vietnam, posting among the highest economic growth rates in Southeast Asia and with a commitment to achieve net-zero emissions by 2050, is emerging as a promising destination for global green capital flows.

At a session with the theme “Sustaining Growth: Green Bonds, Corporate Finance Bankable Infrastructure” held within the Green Economy Forum (GEF) 2025, experts shared insights into market operations, analyzing new foundations, barriers, and breakthrough opportunities for Vietnam in attracting capital to support its energy transition and green growth.

Solid foundation

Experts agreed that national policies play the most crucial role in attracting green capital. Vietnam has entered a new phase in which the legal framework related to energy transition and green growth is being developed faster, more coherently, and with clearer standards.

Ms. Loan Pham, Chief Executive Officer of BNP Paribas Vietnam, commented that Vietnam is making significant progress in its sustainable development strategies. “The goals that Vietnam has set, from double-digit GDP growth in the coming years to becoming a high-income country by 2045 and achieving net-zero emissions by 2050, are bold, clear, and measurable,” she emphasized.

One of the most important policies is the Power Development Plan VIII (PDP8), she continued, which not only promotes renewable energy but also aims to modernize the national power grid and develop energy storage systems. This creates a long-term infrastructure framework aligned with the expectations of international financial institutions that demand transparency and long-term commitment.

The introduction of the Vietnam National Green Taxonomy in 2025 was also a major milestone. Mr. Pham Hoang Hiep, Vice President and Head of the Europe, America Oceania Desk in the FDI Banking Department at BIDV, said this system is aligned with the EU Taxonomy and fully compatible with the ASEAN Taxonomy. On the regulatory side, the State Securities Commission (SSC) has been involved in promoting responsible investment very early on, even before the concept of ESG (environmental, social, and governance) was widely popularized, and is also a member of the ASEAN Taxonomy Board.

“These efforts help ensure that Vietnam’s capital market policies always adhere to regional and international standards,” he added. “This alignment helps investors participating in the Vietnamese market easily access a familiar system of standards, similar to those in regional and international markets. In particular, the synchronization from the issuer level to the policy framework creates favorable conditions for green capital to flow into the market.”

Ms. Sunita Lukkhoo, Head of Regional Representation for Southeast Asia and the Pacific at the European Investment Bank (EIB), regards Vietnam as a strategic market in the region because it has high growth rates, demonstrates a strong commitment to sustainable development, and is also highly vulnerable to climate impacts. “These factors are decisive for international financial institutions when considering large-scale capital deployment,” she added. “Together, these factors create a solid foundation for Vietnam to become a destination for global climate capital in the decade to come.”

From awareness to bankability

Vietnam’s green finance market is currently developing in a positive manner but has yet to fully meet the expectations of regulators and international investors. Main products include green bonds, sustainability bonds, green loans, and ESG-linked credit.

According to figures shared by Mr. Hiep, the total value of green bonds issued in Vietnam stands at approximately $1.1 billion, but this figure is still considered low compared to the market’s potential. The reason, he noted, lies in the mindset of investors. “Many private investors still tend to prioritize high returns in the short term, accepting greater investment risks instead of being willing to trade off a portion of profits to move toward sustainable goals,” he said. “It is this mentality that results in the level of interest in green financial products not being commensurate with market expectations.”

However, experts also recognize that rapid changes are underway. Mr. Hiep pointed out that the level of understanding and interest among non-financial organizations in green bonds, sustainability bonds, ESG bonds, or bonds linked to sustainability goals is improving significantly. Though the names differ, they all aim at the same objective: promoting sustainable finance for businesses.

Another notable point is the increasing participation of financial institutions in services related to green bonds, including independent verification services, consulting, and other support activities. Banks not only play the role of issuers but also act as service providers and are deeply involved in the operational process. In the capital market, the banking system has its own set of guidelines; at the same time, Vietnam’s stock market has issued a set of guidelines for green bond issuance, contributing to a transparent and unified operating framework.

Meanwhile, Ms. Loan believes that the market can only break through if the legal environment remains stable and more transparent. “Investors dislike uncertainty,” she continued. “They need a clear, consistent policy framework with a long-term vision.”

She highlighted three factors considered top priorities to promote this process. First, the legal and regulatory framework, though changing rapidly, still needs further improvement to meet international standards, as investors expect. Second, Vietnam must enhance transparency, improve predictability, and, most importantly, ensure stability in the legal environment, as uncertainty always reduces investor confidence. And third, it is crucial to expand and diversify forms of financing for the energy transition.

Ms. Lukkhoo said many green projects in Vietnam are large-scale and high-risk, requiring blended-finance solutions to mobilize private capital. She emphasized the crucial role of multilateral institutions in mitigating risks and enhancing project bankability. This indicates that Vietnam’s green finance market is entering a stage of broadening awareness, strengthening trust, and accelerating project supply, which are essential factors for forming a sufficiently deep market.

Catalyzing global capital

A key takeaway from the discussions is that Vietnam is increasingly becoming an attractive destination for international green capital. In a context where capital demand for energy transition far exceeds the domestic financial system’s capacity, the role of international banks, investment funds, and multilateral institutions becomes particularly important.

Ms. Lukkhoo said the EIB operates on a non-commercial basis and acts as a catalyst, with investments built on principles aligned with the Paris Agreement and the United Nations Sustainable Development Goals (UN SDGs). The EIB is also implementing programs under the EU’s Global Gateway strategy, which aims to channel European capital into key infrastructure projects in developing economies. Vietnam is among the strategy’s priority markets.

International commercial banks such as BNP Paribas also play an important role in advising, providing green financial products, and connecting international investors with Vietnamese projects. Along with the prerequisite of a suitable legal framework and the financial feasibility of projects, Ms. Loan believes Vietnam needs to make greater use of financing instruments beyond traditional corporate capital.

She affirmed that financial institutions are not just observers. On the contrary, they play a central role in pushing Vietnam into a new stage of development. The success of the energy transition depends on the ability to mobilize the private sector and attract international investors. This requires close cooperation between international banks, such as BNP Paribas, which has strong access to European and global investors, and domestic banks, institutional investors, and FDI enterprises active in Vietnam.

“Vietnam is at a crucial juncture, with economic growth among the highest in Southeast Asia, energy demand continuing to rise sharply, and green transition targets becoming increasingly challenging,” she said. “It is estimated that more than $130 billion will be needed to meet energy transition needs in the years to come.”

Meanwhile, domestic banks like BIDV are localizing green capital by expanding green credit portfolios, issuing green bonds, and enhancing project evaluation capacity according to ESG standards. This creates a foundation for international capital entering Vietnam to be rapidly disseminated through the domestic financial system.

VET-Ngoc Lan

The U.S. side praised Vietnam's vision and ambition in AI development.

In their working session in Hanoi on January 16,  Vietnam's Deputy Minister of Science and Technology Vu Hai Quan and U.S. Assistant Secretary of State Russell Headlee discussed the bilateral cooperation between the two countries in artificial intelligence (AI), digital infrastructure, cybersecurity, and the legal framework for digital transformation.

Deputy Minister Vu Hai Quan emphasized that national security is always a top priority for Vietnam in all development decisions. Vietnam is ready to continue exchanging and thoroughly researching issues of U.S. interest, based on transparency, harmonized interests, and sustainable development.

Vietnam is particularly eager to collaborate with leading U.S. AI corporations, encouraging investment in large-scale RD centers in Vietnam. The young, skilled, diligent, and ambitious engineering workforce is a significant competitive advantage for Vietnam in attracting high-tech investment.

Deputy Minister Vu Hai Quan stated that the Vietnamese government identifies economic development based on science and technology, innovation, and digital transformation as a strategic, consistent direction.

He also agreed with the U.S. assessment of the limited presence of U.S. tech companies in Vietnam. He noted recent positive signals, especially from U.S. companies in the semiconductor field. Vietnam is currently finalizing important legislative projects such as the revised High Technology Law and the Digital Technology Industry Law, with strong incentives to attract high-tech RD investment in Vietnam.

According to Mr. Russell Headlee, AI is a top priority in the U.S. digital policy, as evidenced by the U.S. government's announcement of the "U.S. AI Action Plan" on July 23, 2025. The U.S. is actively collaborating with international partners, governments, and the private sector to share perspectives, update new policy directions on AI, and promote the export of U.S. AI technology to global markets.

Mr. Russell Headlee highlighted Vietnam's pioneering role in the region, as the country early enacted a law on AI; while leading global tech companies like Google, Meta, and Amazon Web Services have shown strong interest in the Vietnamese market, viewing it as a potential destination for building infrastructure, developing services, and expanding business operations in the near future.

However, he candidly pointed out a disparity between the potential and the actual presence of U.S. tech companies in Vietnam, compared to some other countries in the region. The U.S. therefore hoped that the Vietnamese government would continue to enhance connectivity, support, and create more favorable conditions to promote extensive cooperation with the U.S. business community, particularly through improving the legal environment, establishing a transparent, stable, and predictable investment space

The U.S. side also recommended that Vietnam consider participating in the global standard framework for personal data protection, thereby facilitating safe data sharing and promoting the development of AI and new technologies.

vneconomy-Ha Chi

The target is set under the Government’s recently approved Resolution No. 02/NQ-CP on the main tasks and solutions to improve business environment and enhance national competitiveness in 2026.

Vietnam is striving to be ranked among top 50 countries in the United Nations (UN) Sustainable  Development Goals (SDGs) index in 2026, according  to the Government’s recently approved Resolution No. 02/NQ-CP on the main tasks and solutions to improve business environment and enhance national competitiveness in 2026, the Government News reported on January 17.

Accordingly, in 2026, Vietnam aims to improve its position in key international rankings, including an increase of at least three places from 82nd globally in the 2025 International Property Rights Index (IPRI) of the Property Rights Alliance (PRA), and a rise of at least one place from 44th out of 139 economies in the 2025 Global Innovation Index (GII) of the World Intellectual Property Organization (WIPO).

Vietnam also seeks to maintain its Tier 1 status in the Global Cybersecurity Index (GCI) of the International Telecommunication Union (ITU).

Meanwhile, the country targets an improvement of at least two places from 71st out of 193 countries in the 2024 United Nations E-Government Development Index (EGDI), and an increase of at least four places from 43rd in the 2023 Logistics Performance Index (LPI) of the World Bank (WB).

In the Travel Tourism Development Index (TTDI) of the World Economic Forum (WEF), Vietnam aims to climb at least four places from its 59th global ranking in 2024.

Domestically, the median Provincial Competitiveness Index (PCI) score is expected to increase by one point. The average Public Administration Reform Index (PAR Index) of ministries and ministerial-level agencies nationwide is targeted to reach 84.7 percent, while the average PAR Index of provinces and centrally run cities nationwide is expected to attain 88.87 percent.

In addition, the national average score of the Satisfaction Index of Public Administrative Services (SIPAS) is projected to reach 86 percent.

By 2026, the number of newly established and reactivated enterprises is expected to increase by approximately 15–20 percent compared to the previous year.

VGP-Van Nguyen

The project is designed with three core pillars with the central component being a concentrated digital technology, innovation, and digital transformation park spanning 168.9 ha.

The Party Committee of the Hanoi People's Committee has officially submitted a proposal to the City’s Party Executive Committee regarding the development of a massive Digital Technology and Mixed-Use Park. 

According to the proposal, the project, located in the Phu Dien and Tay Tuu wards, will cover 196.8 ha with a total estimated investment of VND53.763 trillion ($2 billion).

The implementation timeline is set for 2026 to 2031. The year 2026 will focus on investment preparation and site clearance, with the goal of making the first components operational by 2027.

Proposed by the FPT Corporation, the project is designed with three core pillars with the central component being a concentrated digital technology, innovation, and digital transformation park spanning 168.9 ha. A core functional zone, occupying 25% of the construction area, will be dedicated to RD and the production of high-tech services, including software, digital platforms, AI, Big Data, IoT, blockchain, and the metaverse. It will also include training facilities, tech incubators, and spaces connecting institutes, universities, and enterprises.

Initial estimates suggest the project will provide workspaces for 60,000 digital technology experts and support staff, while meeting the housing needs of at least 30,000 people. 

City authorities and relevant departments have confirmed that the project aligns with the "Adjusted General Planning of the Capital to 2045, with a vision to 2065." It is also consistent with the 2025 Law on Digital Technology Industry.

Vneconomy-Thanh Xuân

A joint working group will be established as early as January 2026, focusing on sharing expertise in digital government, electronic invoicing (e-invoicing), online training platforms, support for small and medium-sized enterprises (SMEs), and Artificial Intelligence (AI) applications, among others.

On the sidelines of the recent 6th ASEAN Digital Ministers’ Meeting (ADGMIN 6), Minister of Science and Technology Nguyen Manh Hung held a working session with a Cambodian delegation led by Mr. Chea Vandeth, Minister of Post and Telecommunications of Cambodia.

During the meeting, the Cambodian minister proposed three key areas for cooperation:

First, the two ministries should soon establish a joint working group to exchange expertise, discuss technical issues, and share experiences, particularly in the field of digital transformation.

Second, Cambodia requested continued support and favorable conditions for Metfone (Viettel’s brand in Cambodia) to expand and develop its operations within the country.

Third, Minister Chea Vandeth sought Vietnam’s assistance in resolving obstacles regarding a Cambodian subsea fiber optic cable project. The cable intersects with PV Gas pipeline systems within Vietnam’s Exclusive Economic Zone (EEZ), leading to insurance costs that are currently disproportionately high compared to the project's scale.

Responding to these proposals, Minister Hung affirmed that the Vietnamese Ministry of Science and Technology (MoST) stands ready to coordinate closely with its Cambodian counterpart.

A joint working group will be established as early as January 2026, with the ministry’s International Cooperation Department serving as the primary focal point for Vietnam.

The group will focus on sharing expertise in digital government, electronic invoicing (e-invoicing), online training platforms, support for small and medium-sized enterprises (SMEs), Artificial Intelligence (AI) applications, 5G development, and the construction of legal and institutional frameworks for emerging technologies.

Regarding the subsea cable issue, Minister Hung emphasized that the MoST is willing to act as a bridge. He committed to discussing the matter directly with the Ministry of Industry and Trade to find a solution. He further requested that the Cambodian side submit an official document through the International Cooperation Department to ensure both parties can resolve the matter definitively as soon as possible.

Mr. Hung also reaffirmed Vietnam’s consistent stance requiring Vietnamese enterprises investing abroad, including Viettel, to strictly comply with the laws of the host country. He expressed his hope that Cambodia would continue to create favorable conditions for Viettel to expand its operations, particularly in the postal sector.

Vneconomy-Bạch Dương