This is a brief rundown of what is being reported today in Vietnam’s state-approved media and some others.
It compiles coverage from official outlets like Dan Tri, Tuoi Tre, and VN Express, highlighting the narratives currently shaping the country’s economic, financial, and business news landscape.
See yesterday’s news headlines →
Car marker real estate project
Dau Tu Kien Thuc is reporting that Truong Hai Group Corporation, more commonly known as THACO, has received approval from Hanoi authorities to acquire part of the An Binh City real estate development project, with an investment of about VND 2.85 trillion or US$108.2 million → source.
The article notes the move marks THACO’s growing focus on real estate (THACO is more well known for producing vehicles for Mazda and Kia), led by subsidiary THADICO.
It includes remarks from chairman Tran Ba Duong, who said THADICO will start 32 projects this year, targeting a 2025 profit of VND 1.2 trillion or US$45.5 million.
Ed.’s notes: Could signal weak domestic car market conditions.
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Vina produce exporters on tariffs
Dau Tu Kien Thuc is reporting that on 10 November, Vina T&T chairman Nguyen Dinh Tung told a local talk show that he cares less about how much tax the US imposes on Vietnam and more about how it taxes Thailand → source.
He says Vietnam’s advantage lies in having trade agreements that Thailand lacks, such as the EVFTA and CPTPP, which elevate Vietnam’s image as a reliable supplier.
Ed.’s notes: Local perspectives.
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Vietnam super yacht
Dau Tu Kien Thuc is reporting that the Ha Long Shipbuilding Company under SBIC has launched the luxury superyacht Emerald Kaia, measuring nearly 120 metres long → source.
It says the vessel can carry 136 passengers and 104 crew, with 64 guest cabins and 52 crew cabins.
The article adds that in August, SBIC’s Bach Dang Shipyard also launched a 9,300-cubic-metre chemical tanker.
Ed.’s notes: SBIC started the process of going bankrupt last year with Vietnam News noting “The Ministry of Transport (MoT) says the bankruptcy was, at this point, an inevitable conclusion…”
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UOB growth forecast
VnExpress is reporting that United Overseas Bank (UOB) raised its 2025 GDP growth forecast for Vietnam from 7.5 to 7.7 percent after third-quarter data showed an 8.23 percent expansion → source.
UOB forecasts fourth-quarter growth at 7.2 percent and expects the VND to reach 26,400 per US$1 by year-end.
Skoda maker off troubled projects list
Dau Tu Kien Thuc is reporting that the Government Inspectorate has removed the Thanh Cong Viet Hung auto plant in Quang Ninh, which assembles Skoda vehicles for the Vietnam market, from its list of troubled projects → source
The report confirms the project has met all legal and financial obligations and no longer faces obstacles.
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Bankruptcy court manipulation allegations
Vietstock is reporting that the Ho Chi Minh City People’s Court has officially ended bankruptcy proceedings against Tan Tao Investment and Industry JSC after nearly eight years, ruling the company still has sufficient financial capacity to pay its debts → source.
It says the case began in 2017 when Quoc Linh Company sought bankruptcy over unpaid debts of VND 21.3 billion or US$0.81 million.
The article says Tan Tao’s total assets are about VND 12.15 trillion or US$460.9 million, far exceeding its unsecured debts of VND 94 billion or US$3.57 million.
Chairwoman Dang Thi Hoang Yen has filed a US$328 million lawsuit in the US, accusing Quoc Linh of fraud and reputational damage.
The article says chairwoman Dang Thi Hoang Yen alleged that Quoc Linh and its owners colluded with court administrators in Vietnam to fabricate evidence and force Tan Tao into bankruptcy.
Ed.’s notes: Rule of law. Court system. Monitoring.
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Explanation wind power curtailments Quang Tri
Dan Tri is reporting that the National Load Dispatch Centre (NSMO) has said widespread power cuts affecting wind farms in Quang Tri and other regions were caused by storms and heavy rainfall that left Vietnam’s grid overloaded → source.
The company said record rainfall in October forced 80 of 122 hydropower plants to discharge excess water, adding 16,000 MW of supply while demand fell sharply.
NSMO said it reduced generation across hydropower and renewable sources to stabilise the national grid and prevent system overload.
Ed.’s notes: This was in response to complaints from wind power operators in Quang Tri that their output was being curtailed.
On the same topic, Tuoi Tre also notes that wind-power plants were creating excess power too.
Storms = more water and more wind = seasonal issues = structural planning issue.
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Trump developer other projects
Dau Tu Kien Thuc is reporting that Saigontel, a subsidiary of Kinh Bac City (KBC), has announced plans to develop the an Industrial Park in Quang Ninh with total investment exceeding VND 1.52 trillion or US$57.4 million → source.
The article says construction on the 117-hectare project is expected to start in the second quarter of 2026 with operations beginning in 2028.
Ed.’s notes: KBC building Trump golf course, tracking other projects re: financial ability to complete golf course project.
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SEA Bank international bonds
Dau Tu Kien Thuc is reporting that SeABank has announced plans to issue US$150 million worth of bonds in Singapore between the fourth quarter of 2025 and the second quarter of 2026 → source.
The article says the five-year, unsecured, non-convertible bonds will carry a floating interest rate and be offered privately to international investors.
Ed.’s notes: Monitoring re:outside perceptions of investment climate in Vietnam’s banking sector.
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Vingroup culture endeavour
Vietstock is reporting that Vingroup has announced the addition of a new “Culture” pillar to its business ecosystem, joining its existing focuses on technology, commerce, infrastructure, green energy, and philanthropy → source.
Vingroup has established three subsidiaries — V-Culture Talents for talent development, V-Film for cinema production, and V-Spirit for event management — to drive its cultural strategy.
Ed.’s notes: Adds to long list of businesses announced just in the past month – spread very thin.
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Stock market Monday
the-shiv is reporting that The VN-Index closed at 1,580.54, down 18.56 points or 1.16 percent, with a total trading value of VND 21,307.77 billion or US$808.64 million, and foreign traders net-selling US$6.94 million worth of equities, Monday, according to the latest data from the Ho Chi Minh City Stock Exchange. → source
Vietnam dong Monday
the-shiv is reporting that On 10 November 2025, the black market buy rate was VND 27,700 and the sell rate was VND 27,750, a change of 70 and 100 respectively, for a mid-market rate of VND 27,725 (down 0.31 percent), according to Ty Gia USD → source.
Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,106, while the Google Finance mid-market rate stood at VND 26,301.
Expired ODA hospital
Nha Dau Tu is reporting that the Government Inspectorate has found multiple violations in Can Tho’s VND 1.73 trillion or US$65.6 million Oncology Hospital project, which has been suspended since July 2022 after a Hungarian ODA loan expired → source.
It says the Can Tho People’s Committee approved and adjusted the project without proper ministry input, environmental assessment, or funding confirmation, leading to delays and potential waste of about VND 300 billion or US$11.4 million.
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Increase in clothes dryer demand
Vietnamnet is reporting that In Hanoi, persistent rain and high humidity have doubled demand for clothes dryers, with some premium models now priced near VND 29.5 million or US$1,120→ source.
The article says retailers such as Dien May Xanh, MediaMart, and Pico reported sharp increases in sales and online searches for “clothes dryer” over the past week.
It says vented dryers, costing VND 5–10 million or US$190–380, remain popular for affordability, while heat-pump dryers priced from VND 14 million or US$530 are preferred for energy efficiency.
Ed.’s notes: Adds to a series of articles on high-end electrical appliances that read like marketing copy from Vietnamnet — fridges, televisions, rice cookers, and now clothes driers. Not clear who, what these articles are for. Monitoring.
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US semiconductor meeting Bac Ninh
Dau Tu Kien Thuc is reporting that Qorvo, a US-based semiconductor company, met with Bac Ninh authorities on 10 November to discuss cooperation in chip manufacturing and technology transfer → source.
The company, which reported annual revenue of US$3.7 billion, already works with Amkor, Luxshare, and Sunshine Technology on chip design and component production in the province.
Qorvo has opened a representative office in Bac Ninh and plans to establish a research and development centre focused on advanced semiconductor packaging, the article says.
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Brain drain opinion
VnExpress is carrying an opinion piece by Nguyen Thanh Canh highlights a labour paradox in Vietnam: unemployment is rising while skilled labour shortages persist → source.
He describes how experienced engineers and workers are leaving for Japan and India due to limited domestic opportunities, while youth unemployment grows.
The article cites data showing 1.6 million Vietnamese aged 15–24 are neither studying nor working. It notes 63 percent of the workforce remains in informal jobs without benefits, and nearly 30 percent of formal workers are employed by foreign firms.
Canh argues Vietnam’s dependence on FDI has created many jobs but few that belong to Vietnamese firms, weakening job quality and long-term resilience.
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Fabrics imports
the-shiv is reporting that Vietnam imported fabrics to the tune of US$1,281 million in October, down 1.88 percent over September, according to preliminary data from Vietnam’s General Department of Customs → source.
Year to date, Vietnam had imported US$12,506 million worth of fabrics by the end of October.
Minimum wage hike approved
Nha Dau Tu is reporting that on 10 November 2025, the government issued Decree No. 293/2025/ND-CP raising Vietnam’s regional minimum wage from 1 January 2026 → source.
Ed.’s notes: see → Minimum Wage in Vietnam.
Techcombank Fitch Ratings rating
Vietstock is reporting that Fitch Ratings has assigned Techcombank a long-term issuer rating of ‘BB-’ with a Positive outlook, marking the bank’s first Fitch assessment → source.
Fitch cited strong capital, prudent risk control, and diversified income.
Ed.’s notes: Here is the release from Fitch Ratings.
Note it also mentions several risks not included in the Vietstock article – high real estate exposure, in particular, which it says makes it “more vulnerable to swings in Vietnam’s property market”. It also says, however, that it believes the real estate sector is “on a firm recovery now”.
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M&A deals October
Dau Tu Kien Thuc is reporting that in October 2025, Vietnam recorded 52 mergers and acquisitions worth a combined US$720 million, led mainly by foreign investors rather than domestic restructurings, according to Grant Thornton → source.
Real estate and industrial manufacturing led in value at US$225 million and US$109 million, while energy saw US$115 million in deals.
Major transactions included Vincom Retail’s US$133 million transfer of Vincom NCT, OCI Holdings’ 65 percent purchase of Elite Solar Power Wafer, and Sumitomo’s 49 percent stake in Cuu Long Power.
Ed.’s notes: The original Grant Thornton report.
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Boeing parts Danang
Dau Tu Kien Thuc is reporting that on 7 November, KP Aerospace Vietnam held a ceremony at its KP Vina Aerospace Parts Plant in Da Nang High-Tech Park to mark the export of its first batch of aircraft components serving Boeing’s supply chain in South Korea → source.
The US$20 million, 2-hectare plant, approved in December 2023, produces precision-machined parts including Boeing 787 wing tips and 737 Max flap support assemblies meeting NADCAP standards.
Ed.’s notes: In September 2023, during President Joe Biden’s visit to Vietnam, Boeing signed agreements to expand cooperation in aviation manufacturing and supply chains in Vietnam. This looks to be part of that come to fruition.
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Vietnam exports to USA October
the-shiv is reporting that in October, Vietnam exported US$13,408 million worth of goods to the USA, down 2.30 percent over September, according to preliminary data from Vietnam’s General Department of Customs → source.
So far this year, Vietnam has exported US$126,167 million worth of goods to the USA.
