Vietnam Deputy Prime Minister Le Minh Khai speaks at the Future of Asia forum in Tokyo on May 23. (Photo by Mizuho Miyazaki)
The Future of Asia 2024

Vietnam working to avoid power shortage 'bottleneck' this year: deputy PM

New grid infrastructure to be completed in June, Le Minh Khai says

23 May 2024
At the Communist Party National Congress in Hanoi in early 2021: General Secretary Nguyen Phu Trong, front row, right; and three ousted senior officials -- former President Nguyen Xuan Phuc, front row, left; former Deputy Prime Minister Pham Binh Minh, back row, left; ex-Politburo member Truong Thi Mai, back row, right.
Politics

Vietnam rocked by political upheaval: 5 things to know

Security Minister To Lam elected president, nation's No. 2 political post

22 May 2024
The same province that attracts tourists from around the world to Halong Bay is beginning to attract big manufacturers to its relatively cheap industrial parks.
Business trends

Vietnam's tourism hot spot becomes foreign investment hub

U.S.-China conflict and new infrastructure give rise to northern Quang Ninh province

28 April 2024
General Secretary Nguyen Phu Trong has embarked on a campaign to eradicate corruption.
Politics

Vietnam's top ousters leave Hanoi rudderless on economy

'Four Pillars' of government reduced to two in anti-corruption drive

28 April 2024
People gather at a restaurant in Hanoi: Euromonitor estimated deliveries at 8% of Asia's food service market in 2018, rising to 21% in 2023. 
Food & Beverage

Southeast Asia restaurants lose out as COVID delivery habit persists

Apps like Grab, Shopee gain users who no longer eat out, data shows

19 April 2024
Kim Hyong-mo, the representative in Vietnam of the Korea Chamber of Commerce and Industry, speaks during an interview in Hanoi. (Photo by Yuji Nitta)
Business trends

South Korean firms in Vietnam face growing competition from China

Chamber of Commerce says minimum corporate tax rule also affects businesses

4 April 2024
Downtown Ho Chi Minh City. It is unclear how Vietnamese banks will thread the needle between official pressure to increase lending and pressure to stay clean and under control.
Finance

Banks in a bind as Vietnam PM bemoans fall in lending

Lenders told to boost economy but fear risks amid massive SCB fraud trial

3 April 2024
Containers at a port in Hai Phong, Vietnam. The trade-reliant economy is known as a manufacturing hub for apparel and electronics.
Economy

Vietnam's GDP growth slowed to 5.66% in Q1 on weak phone, car output

Side effects of government's crackdown on corruption also hit businesses

29 March 2024
Companies from the Netherlands display goods in Ho Chi Minh City. Vietnam has drawn on Dutch experience developing dikes and high-yield crops on limited land. (Photo by Lien Hoang)
Trade

From airports to green farms, Vietnamese and Dutch companies sign 18 deals

Both nations have strategic sea locations and are exposed to climate shocks

23 March 2024
U.S.-ASEAN Business Council President Ted Osius, left, speaks at a news conference in Hanoi on March 18. (Photo by Yuji Nitta)
Companies

Boeing, Meta join U.S. business delegation to Vietnam

Companies weigh investment opportunities amid 'friendshoring' push

20 March 2024
Solar panels and wind turbines in Quy Non, Vietnam. The U.S. is supporting exports related to renewable energy, the climate and infrastructure to the Southeast Asian country.
Supply Chain

U.S. to finance $500m in green exports to Vietnam

Clean energy, infrastructure and climate projects may get Exim Bank loans

19 March 2024
Many Indonesian workers have found jobs in Japan's short-handed agricultural sector. (Photo obtained by Nikkei)
Japan immigration

Indonesians, Vietnamese form larger share of Japan's foreign workers

Weak yen and relatively low wages sap appeal for Chinese and Western workers

15 March 2024
A ship transports containers down the Mekong River. Recently installed Cambodian PM Hun Manet said the $1.7 billion China-backed canal project would allow his country to "breathe through our own nose," diverting its goods for export directly to its own coast rather than via the Vietnam-controlled Mekong Delta. (Photo by Jack Brook)
Asia Insight

Cambodia to divert Mekong trade via China-built canal, vexing Vietnam

Planned Phnom Penh-coast link raises alarms amid regional influence tussle

12 March 2024
Vietnam says it will speed up infrastructure projects as it tries to reassure investors after a rocky year, including with Ho Chi Minh City's first subway line. (Photo by Lien Hoang)
Transportation

Vietnam business hub breaks ground on Metro Line 2

First Ho Chi Minh City line built by Japanese to serve motorbike-reliant commuters in July

19 February 2024
Some factory workers have been tapping their public retirement funds in Vietnam, an increasingly important link in global electronics and garments supply chains. (Photo by Lien Hoang)
Economy

Vietnam's workers cash out pensions early ahead of new law

Hanoi considers social media influencers and legal perks to keep savers in state fund

13 February 2024
The Vietnamese Community of Independent Learners hosts "eco-travel schools" taking tourists to places like Ulsan, South Korea, to promote volunteering and quality of life without excessive consumerism. (Photo by VCIL)
Economy

Asia develops an appetite for degrowth 'doughnut economics'

Movement pushes measures of education, health and the environment over GDP

11 February 2024
A highway running through Thanh Hoa and Nghe An provinces opened in October 2023. (Vietnam News Agency)
Economy

Vietnam's lagging North-Central region sees investment boom

Increased economic development may help boost high-speed rail project

18 January 2024
A farmer works in her field in Thailand. Exports of Thai rice recovered in 2023.
Agriculture

Vietnam and Thailand rice exports soar after India ban

Consumers feel the pinch of higher prices as countries scramble to secure supply

12 January 2024
Workers at a private garment factory in Hanoi. Vietnam's export-driven economy has been slowing.
Economy

Vietnam's 5% economic growth for 2023 misses official target

Southeast Asian manufacturing hub's GDP expansion weighed by drop in export orders

29 December 2023
A supermarket in Singapore. This chain, Sheng Siong, will roll out a three-month discount in 2024 on most of its items to offset the additional goods and services tax. (Photo by Tsubasa Suruga)
Economy

Singapore, Malaysia to raise consumption tax amid inflation fears

Southeast Asia balances fiscal needs against uncertain economy in 2024

28 December 2023
Chinese tourists visit Bangkok's Wat Phra Kaew temple in August. People from the country made up the world's biggest outbound travel market before the COVID pandemic, with 155 million trips in 2019. (Photo by Ken Kobayashi)
Travel & Leisure

In charts: How Asia's tourism recovery is held back by stay-home Chinese

World's biggest foreign travel market hurt by weak economy, safety concerns

21 December 2023
A cafe in Ho Chi Minh City: Vietnam's distinctive coffee filters and "ca phe sua da" have become a cultural export. (Photo by Lien Hoang)
Food & Beverage

Latest buzz: India and Vietnam to lead Asia's growth in coffee consumption

Region's move beyond tea linked to urbanization and more disposable income

10 December 2023
The Japanese and Canadian trade ministers, Yasutoshi Nishimura and Mary Ng, seal a memorandum of understanding over battery supply chains in Ottawa on Sept. 21. (The Canadian Press via AP)
Indo-Pacific

Canada trade agency to open offices in Tokyo, Manila, Ho Chi Minh City

Ottawa accelerates Indo-Pacific push after entering Jakarta and Seoul

5 December 2023
A garment factory in Vietnam in 2021. The country is one of Asia's major manufacturing hubs.
Economy

Vietnam to raise tax rate for multinationals from 2024

Experts say country must improve infrastructure to attract more foreign money

29 November 2023
Vietnam, one of the world's top exporters of garments and textiles, will consider cutting interest rates and spending on public works to resuscitate the economy. (Photo by Lien Hoang)
Economy

Vietnam targets 6% to 6.5% GDP growth in 2024

Manufacturing hub aims to recover from slowdown linked to graft, trade

9 November 2023