Contents
ToggleThis 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.
VN SK supermarket chain MoU
The Korea Herald is reporting that South Korea’s CJ CheilJedang has signed a memorandum of understanding with Bach Hoa Xanh to expand processed food distribution in Vietnam.
Bach Hoa Xanh, part of Mobile World Group, operates over 2,700 stores and has seen CJ product sales grow at an average 20 percent annually over four years.
The partnership includes plans to strengthen cold-chain infrastructure, expand into northern and suburban markets, and broaden CJ CheilJedang’s product range. View source→
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Credit limits weighing on bank growth
The Investor is reporting that Vietnamese banks have set record profit targets despite also saying tighter credit growth limits are constraining lending.
The article notes that Tien Phong Bank, chairman Do Minh Phu said credit quotas are restricting lending capacity, and amid strong demand are seeing loan approvals being rationed. View source→
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Singapore legal action HCMC Empire City development
The Business Times is reporting that Singapore developer Keppel has said its Corredance unit has begun arbitration over VND6.9 trillion (US$261.9 million) in land use fees tied to a Vietnam joint venture.
Corredance filed claims at the Singapore International Arbitration Centre against Denver Power, Tien Phuoc Real Estate Joint Stock Company, and Tran Thai Lands Company.
The dispute concerns additional land-use fees imposed on Empire City, a joint venture in Thu Thiem, at the end of 2025, after a reassessment of the land value. View source→
Ed.’s notes: Goes with after-the-fact attempts to shift payment currency in Long Thanh airport contract with foreign developer and to cut feed-in tariffs for solar projects from 2021 policy.
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Phu Quoc Casino profit woes
AG Brief is reporting that Vietnam’s casino resorts continue to post losses despite rising domestic participation under the pilot scheme, highlighting ongoing profitability challenges in the sector.
Phu Quoc Tourism Development and Investment JSC said its Corona Resort & Casino recorded accumulated losses of VND5.8 trillion (US$220 million) by the end of 2025, widening by over VND900 billion (US$34.14 million) year-on-year. View source→
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LNG imports increase
Bloomberg is reporting that Vietnam has increased liquefied natural gas imports to record levels as the Middle East conflict disrupts supply.
Ship-tracking data cited by Bloomberg shows imports reached about 276,000 tons in April, more than double the same period last year and above March levels.
State-owned Petrovietnam Gas has issued multiple tenders for spot cargoes, with supply sourced from Australia, Malaysia, Brunei, and Oman. View source→
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SK Group AI data centre VN
Light Reading is reporting that South Korea’s SK Group has signed agreements to develop an artificial intelligence data centre in Nghe An.
The project is linked to the Quynh Lap liquefied natural gas power development, which includes a 1,500 megawatt plant, terminal, and port, with construction planned from 2027. View source→
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Petrol retailers push remove price restrictions
Nguoi Lao Dong is reporting that retail gasoline businesses in Vietnam are pushing back against draft fuel market reforms.
The draft decree allows primary and secondary distributors to set and announce retail prices, while petrol stations are effectively barred from charging above those levels, limiting real pricing autonomy.
Retailers say they cannot control input costs, which are set by wholesalers, while also being unable to fully pass on operating costs.
Operators are proposing a minimum margin of 8 percent over wholesale prices, or alternatively a guaranteed minimum discount of 7 percent from distributors, to ensure cost recovery and viability. View source→
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Capital market risks
Dau Tu Kien Thuc is reporting that Vietnam’s corporate bond market remains constrained as a funding channel for infrastructure despite rising demand, with issuance structure, tenor, and investor base limiting effectiveness.
Experts cited in the article propose infrastructure investment funds to pool capital and spread risk, citing models in India and Singapore, alongside legal reforms and broader investor participation to unlock long-term funding. View source→
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Powdered milk production March
Vietnam produced 13.53 thousand tonnes of powdered milk in March, up 13.60 percent from 11.91 thousand tonnes in February 2026, according to the latest data from the National Statistics Office of Vietnam. Read the full article →
Ceramics exports March
Vietnam exported ceramics to the tune of US$57 million in March, up from US$44 million in February, a change of 29.77 percent, according to preliminary data from Vietnam’s General Department of Customs. Read the full article →
Yesterday’s Vietnam news roundup
In yesterday’s Vietnam news: Starlink routers made in Vietnam, US router ban, New restrictions on lawyers, New motor plant southern Vietnam, Vietnam considering Russian fighter jet upgrade, VN EU steel quota Q2 almost filled, Construction sector outlook: Vinaconex, Techombank real estate exposure, Asia-Pacific hotel trends report, Shrimp and crab deaths heatwave, Sungroup to develop Quang Ngai forest, Petrolimex takes US$37.9m hit over rising oil prices, HCMC gold seizures, Airfare price hikes on Gulf tensions, and more. Read the full article →