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.
Be disputes ride-hailing market report assumptions
Dan Tri is reporting that third-party reports on Vietnam’s ride-hailing market share have sparked disputes, with Grab and Be Group publicly rejecting recent estimates.
Be Group said a January 2026 Q&Me survey showing Xanh SM at 52 percent usage, Grab 44 percent and Be 4 percent did not reflect market reality.
Ed.’s notes: There is a better breakdown of Be’s position here. It’s saying it’s a ride-hailing app, as opposed to a taxi company like Xanh SM, so it’s not really an apples-to-apples comparison – though if the data used is trip cost and volume, then that seems a moot point.
A better angle might be that Xanh SM is only VinFast vehicles, whereas Be and Grab can take drivers using any brand, so they have access to bigger fleets = carry more passengers + offer cheaper fares on bigger supply.
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India VN cosmetics firm acquisition
Nha Dau Tu is reporting that Marico South-East Asia Corporation, a wholly owned unit of India’s Marico Limited, acquired 75 percent of Skinetiq Joint Stock Company on February 9.
The transaction value was not disclosed.
Founded in 2020, Skinetiq is a Vietnamese direct-to-consumer cosmetics company and distributor of the Murad skincare products in Vietnam.
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Aviation foreign ownership cap revision
Tuoi Tre is reporting that a draft aviation decree proposes raising the foreign ownership cap in Vietnamese airlines to a maximum of 49 percent from the current 34 percent.
The Ministry of Construction said the higher cap would help airlines attract foreign capital, management expertise, and operational experience while remaining consistent with international commitments.
Authorities said a 49 percent foreign ownership limit would not affect domestic control or decision-making in areas such as security and aviation operations.
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Digital advertising revenue forecast
Yahoo Finance is reporting that a January 2026 industry report forecasts Vietnam’s digital advertising spend to grow 9.1 percent annually, reaching US$5.39 billion by 2026.
The market grew at a 7.7 percent compound annual rate from 2020 to 2025 and is projected to expand at 10.6 percent annually through 2029.
Total digital ad spend is expected to rise from US$4.94 billion in 2025 to about US$7.29 billion by 2029.
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More fish imports from Canada allowed
Intrafish is reporting that Canada and Vietnam have agreed on a new health certificate that will allow Canadian finfish fillets and steaks to be exported to Vietnam for the first time since 2010.
The deal covers eviscerated fillets and steaks made from farmed Atlantic salmon, wild and farmed Pacific salmon, and wild herring.
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Vinfast 2026 delivery target
Vinfastauto has issued a press release announcing a global electric vehicle delivery target of 300,000 units for 2026.
The company said growth is expected to be driven by Asian markets, including Vietnam, Indonesia, India, and the Philippines.
The company said it will release fourth-quarter and full-year 2025 financial results before the market opens on March 16, 2026.
Ed.’s notes: At least in Vietnam, market already saturated, not clear there is enough demand to consume any more vehicles than it already has, see: Why Vietnam’s Car Market No Longer Makes Sense.
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Return to consolidated invoices proposed
Thanh Nien is reporting that the Ministry of Finance is seeking feedback on a draft decree to reinstate daily or monthly consolidated invoices for services with high transaction volumes and low individual values.
The proposal would allow sectors such as banking, insurance, e-wallets, transport, cinemas, and e-commerce platforms to issue summary invoices instead of invoices for each transaction.
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Power supply guarantees Sweden’s Syre
Dau Tu Kien Thuc is reporting that Sweden’s Syre has said it wants guaranteed access to one hundred percent renewable electricity for its planned polyester fabric recycling project in Gia Lai.
Syre wants to buy renewable electricity directly from power producers, including through private transmission lines, rather than relying solely on the national grid, the article says.
Ed.’s notes: The kind of concerns EU businesses have.
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TikTok Shop fee hike
Dau Tu Kien Thuc is reporting that TikTok Shop has announced higher commission fees for several product categories, with changes effective from March 2.
Commission rates for fashion, home and living, and mall sellers will rise, with some categories seeing increases of up to four percentage points.
TikTok Shop said the adjustment follows a review of platform performance and market potential, alongside increased investment in seller support and logistics.
Ed.’s notes: TikTok Shop has an estimated 41 percent share of Vietnam’s e-commerce market, with the sector heavily concentrated around it and Shopee = lack of competition makes increasing fees easier.
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Government deposits liquidity state-owned banks
An Ninh Tien Te is reporting that the State Treasury held more than VND 400 trillion, about US$15.2 billion, in deposits at state-owned commercial banks at the end of the fourth quarter of 2025.
Deposits at Vietcombank, VietinBank, and BIDV rose nearly 11 percent from the end of 2024, according to consolidated financial statements.
Vietcombank held the largest balance, with over VND 136 trillion, about US$5.2 billion, on deposit from the State Treasury.
Ed.’s notes: Banks becoming dependent on these deposits to meet liquidity requirements = harder for government to withdraw and spend without creating risk in banking sector.
Unable to withdraw = unable to pay for infrastructure projects to drive growth.
Adds to domino effect around credit growth targets as key growth driver.
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Credit growth outpacing company revenue
Dau Tu Kien Thuc is reporting that FiinGroup has said that Vietnam’s credit growth has outpaced listed company revenue growth, with businesses relying heavily on short-term debt despite projects being medium to long-term.
Large listed firms had about 45 percent of total debt maturing within 12 months in 2024, higher than peers in Indonesia, Thailand, Malaysia, and the Philippines.
Ed.’s notes: Financing long-term capital needs with short-term debt played a big part in the Asian Financial Crisis, FYI.
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Bank lending maturity mismatch
Dau Tu Kien Thuc is reporting that medium and long-term lending grew more than 25 percent in 2025, far outpacing short-term credit growth and extending the average maturity of bank loan portfolios.
Deposit growth remained concentrated in short-term funding, causing a wider maturity mismatch as banks relied more heavily on short-term capital to fund long-term loans.
In late 2025, declining State Treasury deposits and tighter liquidity pushed banks to increase interbank borrowing and use open market operations.
Analysts said the rising share of short-term funds used for long-term lending is narrowing system liquidity buffers as banks enter 2026.
Ed.’s notes: See article above too – banking sector looking increasingly risky.
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National energy centre proposal
VnExpress is reporting that the Ministry of Industry and Trade proposed building a national refining and energy centre at Dung Quat with total investment of US$16.1–20.5 billion.
The project would be developed in two phases, with US$14.1–17.5 billion invested during 2025–2030 and a further US$2–3 billion by 2045.
Analysis: Has Vietnam Reached Peak Garment & Textile Manufacturing?
the-shiv is carrying an analysis of Vietnam’s garment and textile exports, which fell short of expectations in 2025. It looks at whether this is a sign that Vietnam’s garment and textile industry may have peaked. Read the full article→
Stock market Tuesday
The VN-Index closed at 1,951.58, up 3.83 points or 0.20 percent, with a total trading value of VND 16,498.02 billion or US$626.11 million, and foreign traders net-buying US$28.69 million worth of equities, Tuesday, according to the latest data from the Ho Chi Minh City Stock Exchange. View source→
Exchange rates Tuesday
the-shiv is reporting that on February 10, in Vietnam, the black market US dollar buy rate was VND 26,500, and the sell rate was VND 26,550, a change of 0 and 0, respectively, for a mid-market rate of VND 26,525 (down 0.00 percent), according to prices quoted by Ty Gia USD.
Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,055, while the Google Finance mid-market rate stood at VND 25,886. View source→
Updated: Vietnam’s Meat Market 2026: Data, Scandals, Risks, and Key Players
Vietnam’s meat market is one of the fastest-growing segments of the country’s food industry, driven by rising incomes, urbanisation, and changing dietary preferences. This article looks at key industry data, major scandals in the marketplace, risks meat firms face, and more. Read the full article →
Updated: Vietnam’s Labour Law 2026: Working Hours, Overtime, Leave & More
The most recent iteration of Vietnam’s Labour Law, the Labour Code 2019, contains details on hiring and firing, employee leave entitlements, and regulates working ours and overtime. The Labour Code, however, is quite dense and can be quite nuanced. In light of this, this Quick Read runs through the most important parts and should hopefully provide the key details foreign firms, that are looking to establish a business in Vietnam, might need. Read the full article →
Updated: Corruption in Vietnam in 2026: Types, Examples & Risks
Perceptions of corruption in Vietnam have improved, but it is still endemic and a big part of doing business in Vietnam. With this in mind, this cheat sheet runs through the basics of corruption in Vietnam that foreign firms looking to enter the market should know. Read the full article →
Updated: Butter in Vietnam 202: Market Trends, Imports, and Key Players
Vietnam’s butter market is a niche but steadily growing segment within the country’s broader dairy industry, driven by rising incomes, Western-style dietary trends, and expanding demand from the bakery, confectionery, and food service sectors. Read the full article→
Updated: Pork in Vietnam 2026: Market Trends, Imports, and Key Players
Vietnam’s pork market dominates the country’s livestock sector, making up the bulk of both production and consumption. But with rising incomes and urbanisation, demand for pork remains strong. This article gives a brief overview of the market and how it operates. Read the full article →
Yesterday’s Vietnam news roundup
the-shiv is reporting that In today’s headlines: LNG plant contract awarded, Direct flights Hanoi – Amsterdam, Cambodia canal Vietnam response, Gov’t steel industry development policy, FPT-UAE data centre agreement, Garment firm moves into restaurants, Cigarettes among world’s cheapest, Utilising privately held gold, Emissions quota thermal power approved, Stock market Monday, Exchange rates Monday, American tourist arrivals, Beer production January, Updated: Made in Vietnam 2026, Updated: Vietnam’s Food and Beverage Industry 2026, Updated: Vietnam’s Beer Industry 2026, Yesterday’s Vietnam news roundup, and more. Read the full roundup→