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 →
Durian testing prosectutions
Nguoi Lao Dong is reporting that the Ministry of Public Security has charged 17 people, including business leaders and testing centre heads, over fraud in Vietnam’s durian exports to China → source.
Investigators found illegal trading of planting area codes, falsified inspection papers, and accounting violations that caused heavy state losses and damaged the reputation of compliant exporters.
An industry representative says laboratories sold testing certificates, allowing unqualified fruit to pass export checks.
They add that planting area codes (basically quality certificates) are scarce, forcing traders to pay about VND 100 million or US$3,795 per container to borrow them.
Ed.’s notes: Over the last couple of weeks there have been multiple reports that durian testing, required for export to China, had been stopped due to equipment maintenance. It pretty quickly restarted when it became public that farmers weren’t happy about it, though details have been generally very sketchy.
This announcement, in this context, would explain why testing was halted, although the publication doesn’t draw that conclusion.
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State investment fund YTD results
Dau Tu Kien Thuc is reporting that the State Capital Investment Corporation (SCIC) reported post-tax profit of VND 11.37 trillion or about US$431.5 million in the first ten months of 2025 → source.
(The State Capital Investment Corporation (SCIC) is Vietnam’s state-owned holding company responsible for managing, investing, and divesting government capital in enterprises, particularly those undergoing privatisation.)
The article notes the State Capital Investment Corporation (SCIC) injected VND 7.77 trillion or about US$294.7 million into Vietnam Airlines through a new share purchase, marking its largest single investment in 2025.
SCIC’s portfolio covers 110 companies worth about VND 53.4 trillion or US$2.03 billion, including FPT, Vinamilk, Sabeco, and Vietnam Airlines.
Ed.’s notes: An example of how lower-key government support is administered.
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Vingroup aerospace company
VnExpress is reporting that Vingroup CEO Pham Nhat Vuong has founded an aerospace company, VinSpace, with charter capital of VND 300 billion or about US$11.38 million, holding a 71 percent stake worth VND 213 billion or about US$8.08 million → source.
It says VinSpace will operate in six areas, including aircraft, spacecraft, and satellite manufacturing, as well as air cargo transport.
Vingroup owns 19 percent of the company, while Vuong’s sons Pham Nhat Quan Anh and Pham Nhat Minh Hoang hold the remaining shares.
The article points out this move follows several new ventures by Vuong’s family in October, expanding into steel, eldercare, and entertainment.
Ed.’s notes: VinGroup has now established so many companies in so many fields its difficult to take these announcements seriously. Not to mention its financials are precarious at best. Note that comments on VnExpress are an interesting read – very positive.
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Vingroup share issuance
Dan Tri is reporting that The article says Vingroup plans to issue 3.85 billion bonus shares at a 1:1 ratio in the fourth quarter of 2025, marking the largest stock issuance in Vietnam’s market history → source.
If completed, charter capital will double to over VND 77 trillion or about US$ 2.92 billion, making Vingroup the largest non-financial company on the exchange.
Ed.’s notes: See above.
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VND 0 revenue servo chain
Dau Tu Kien Thuc is reporting that Nam Song Hau Petroleum (PSH) reported zero revenue in Q3 2025 despite holding assets worth VND 10.53 trillion or about US$399.5 million, with accumulated losses nearing VND 1 trillion or US$37.9 million → source.
It says analysts warn PSH faces a severe liquidity crisis, holding VND 4.68 trillion or US$177.6 million in unsold inventory and minimal cash reserves under 3 percent of assets, compared with Petrolimex’s 25 percent.
The article says tax arrears of several trillion dong led to the company being suspended from issuing invoices, more or less shutting the business down.
SME support Hanoi
Vietnamnet is reporting that Hanoi has approved a plan to support around 40,000 new small and medium enterprises (SMEs) each year from 2026 to 2030, focusing on manufacturing, digital technology, automation, high-tech agriculture, and creative industries → source.
It says the city will directly assist 5,000 SMEs and indirectly support 40,000 others annually, alongside training 15,000 workers and 1,000 CEOs per year in innovation, digital transformation, and management.
The article says the plan includes measures for governance reform, ecosystem development, and direct enterprise support such as credit access, digitalisation, and green growth initiatives.
Ed.’s notes: No costs specified.
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LNG delays
Dau Tu Kien Thuc is reporting that land clearance delays in Dong Nai have stalled several key energy projects worth US$1.4 billion → source.
It says the Trị An Hydropower Plant expansion, launched in August 2025 and managed by EVN’s Power Project Management Board 3, has completed only 73 percent of approved compensation and relocated just 23 percent of required land, forcing contractors to halt work since late August.
EVN also reports setbacks in grid projects serving the Nhon Trach 3 and 4 LNG power plants, including unapproved compensation plans and households refusing payments.
LNG power plant Quang Ninh
Dau Tu Kien Thuc is reporting that the US$2.2 billion Quang Ninh LNG Power Plant is entering its final preparation phase, with site clearance, power, water, and transport issues resolved to allow groundbreaking in December 2025 → source.
It says the project, part of Vietnam’s national Power Development Plan VIII, is led by Quang Ninh LNG Power JSC with investors PV Power, Colavi, Tokyo Gas, and Marubeni.
The 1,500 MW plant will use advanced combined-cycle gas turbines from GE, Siemens, and Mitsubishi, consuming 1.2 million tonnes of LNG yearly and supplying about 9 billion kWh to the national grid.
Ed.’s notes: Contrasts with previous article about LNG plant in Dong Nai.
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Inflation
the-shiv is reporting that Vietnam’s consumer price index (CPI) rose by 0.20 percent in October 2025 compared with September, driven mainly by higher food prices in flood-affected areas and increased tuition fees at private schools, according to the latest data from the National Statistics Office (NSO) → source.
CPI rose 2.82 percent from December 2024 and 3.25 percent year-on-year.
Average CPI for January–October 2025 was up 3.27 percent year-on-year, while core inflation increased 3.20 percent.
Trade
the-shiv is reporting that Vietnam’s total import and export turnover reached US$81.49 billion in October 2025, down 1.2 percent month-on-month but up 17.2 percent year-on-year, according to the latest data from the National Statistics Office (NSO) → source.
For the first ten months, total trade rose 17.4 percent year-on-year to US$762.44 billion, including US$391.0 billion in exports (up 16.2 percent) and US$371.44 billion in imports (up 18.6 percent). Vietnam’s trade surplus stood at US$19.56 billion.
Counterfeiting
Nguoi Lao Dong is carrying comments from Nguyen Quang Huy of Ho Chi Minh City’s Market Management Department who says counterfeit traders now use fragmented channels—markets, e-commerce, and livestreams—making tracing difficult as they change addresses frequently → source.
He also says penalties are too light, so offenders treat fines as operating costs, exploiting consumers’ preference for cheap goods.
The article notes that experts have called for tougher laws, criminal charges for organised cases, seller identification, and consumer vigilance.
E-commerce expert Truong Vo Tuan warns weak control of raw materials enables counterfeiting at the source.
See also: Vietnam’s US Tariff Threat Prompted Counterfeit Crackdown: Unpacked
High-end refrigerator sales
Vietnamnet is reporting that Vietnam’s high-end refrigerator segment, priced from VND 90 million or about US$3,420, is gaining traction among affluent consumers → source.
It says models from Panasonic, Hitachi, and Samsung feature capacities above 600 litres, multi-door designs, and advanced preservation technologies such as soft freezing at -3°C, ion or nanoe sterilisation, and inverter-based energy saving.
The most expensive model costs VND 118 million or about US$4,480, with six doors, rapid freezing five times faster than normal, automatic ice-making, and smartphone connectivity.
Retailers say these luxury refrigerators target high-income households seeking large storage capacity, premium design, and smart home integration for convenience and efficiency.
Ed.’s notes: Doesn’t provide supporting evidence for its central claim that these items are gaining traction.
Foreign investment crypto assets
Tuoi Tre is reporting that Securities Commission official To Tran Hoa told a forum in Hanoi yesterday that domestic investors are temporarily barred from crypto asset offerings under Resolution 05 to protect investors and give regulators time to build legal and oversight systems → source.
He said many Vietnamese lack financial knowledge and scams remain common, with funds often unrecoverable.
Initially, only foreign investors can participate, while authorities develop training and transparency rules for future domestic access.
Ed.’s notes: Without local investors market will be very small.
Not clear why foreign investors would use a Vietnam based exchange to trade with other foreign investors when there are better, more secure, well established other options.
Vietnamese meanwhile will need to continue to use offshore and unofficial platforms.
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Land price list
Nguoi Lao Dong is reporting that the Vietnam Association of Realtors’ Institute for Real Estate Research and Evaluation (VARS IRE) has submitted feedback on the draft land price table → source.
The article says experts and businesses view the new land price table, to take effect from 1 January 2026, as necessary for transparency and narrowing the gap between state and market prices.
However, many warn that steep increases in some areas could create serious risks for citizens, enterprises, and banks.
Ed.’s notes: Ongoing issue. Monitoring for insights into deregulation of distorted markets.
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Amazon growth plans Vietnam
Tuoi Tre is reporting that Amazon Global Selling held its 2025 annual conference in Hanoi on 6 November, where regional director Larry Hu announced plans to make Vietnam the high-quality e-commerce export hub of Southeast Asia by 2026→ source.
He said Vietnam holds a perfect position for e-commerce export growth and Amazon will work with the government and industry associations to improve logistics, talent, and digital trade capacity.
Jim Yang, Asia-Pacific market development director, said Vietnam’s strong entrepreneurial spirit and competitive manufacturing give it huge export potential.
Amazon data shows Vietnamese sellers’ product volume rose nearly 35 percent year-on-year to 31 July 2025.
Ed.’s notes: Local firm Gilimex is reportedly suing Amazon for US$280 million in damages for allegedly failing to buy the volume of goods it had agreed in a contract with the firm. Just FYI.
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Bac Ninh airport
Dau Tu Kien Thuc is reporting that the 51st session of the National Assembly Standing Committee on 6 November, Construction Minister Tran Hong Minh proposed an investment policy for the Gia Binh International Airport project in Bac Ninh → source.
He said the airport, covering 1,880 hectares will affect around 7,100 households.
The project is valued at VND 196.38 trillion or about US$7.45 billion.
Economic and Finance Committee Chair Phan Van Mai agreed on the project’s necessity but urged clarity on its feasibility, cost efficiency, and loan capacity.
Ed.’s notes: Bac Ninh is only about 40 kilometres from Hanoi which already has an international airport and at least looks like it has plenty of room to expand.
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