Vietnam News Today, February 23 2026, Business & Economy

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.

Canada furniture brand new HCMC office

Furniture Today is reporting that Canadian furniture brand Sunpan has opened an Asia headquarters in Ho Chi Minh City, establishing a permanent Vietnam office to oversee regional product development and sourcing.

The Toronto-based company said the new office will work closely with its head office in Toronto to align product development with production oversight and supplier coordination across Asia.

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South Korea tyre manufacturing expansion

Cho Sun is reporting that South Korea’s Kolon Industries is expanding its Vietnam tire cord plant.

The company invested about 30 billion won, roughly US$22.7 million, to add heat-treatment facilities in Vietnam, lifting annual tire cord capacity from 36,000 tonnes to 57,000 tonnes from January 2027.

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Vietanm joins IEA

VnExpress is reporting that Vietnam has been approved as an associate country of the International Energy Agency at a Ministerial Meeting held in Paris on February 18 and 19.

International Energy Agency Executive Director Fatih Birol said expanded ties with Vietnam, Brazil, Colombia and India lift the network’s coverage to over 80 per cent of global energy consumption.

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Real estate sector analysis

The Investor is reporting that Vietnam’s property market is shifting from rapid, broad-based price gains to a more selective phase in 2026.

It reports record new supply in 2025, concentrated in high-end segments, while mid-market and affordable housing remain limited.

Rising interest rates and new land pricing rules are increasing financial pressure on leveraged investors and upfront costs for developers.

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Ed.’s notes: Unsourced, authority unclear.

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USA restricted list removal

Vietnam’s Ministry of Foreign Affairs has said that United States President Donald Trump has said he would direct relevant agencies to soon remove Vietnam from the strategic export control list categories D1 to D3.

This was part of bilateral cooperation discussions on the sidelines of the first meeting of the Gaza Peace Council.

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Response to EU tax noncooperation list

Vietnam’s Ministry of Foreign Affairs’ spokesperson Pham Thu Hang has responded to the European Union, adding Vietnam to its list of non-cooperative tax jurisdictions, saying Vietnam values cooperation with the Organisation for Economic Co-operation and Development on tax transparency and information exchange.

She noted changes to the Law on Tax Administration, the Law on Enterprises and Decree 168/2025/ND CP to improve compliance with international standards.

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Labour market Q1 growth forecast

The Investor is reporting that the Ministry of Home Affairs has projected Vietnam will add about 300,000 jobs in the first quarter of 2026, raising total employment to around 53 million.

The ministry said stronger export orders and manufacturing expansion after the Lunar New Year holiday would drive hiring, with food processing expected to rise 3.1 percent and transport equipment to rise 2.6 percent.

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YADEA electric bike factory

Happy Vietnam is reporting that China’s YADEA Vietnam will inaugurate a US$100 million electric motorbike factory in Bac Ninh on March 1 at Tan Hung Industrial Park.

The plant represents the first phase of the company’s investment in Vietnam and is part of its expansion strategy in Southeast Asia.

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Antidumping duties shrimp

Dan Tri is reporting that the United States Department of Commerce has lowered final anti-dumping duties on certain frozen shrimp from Vietnam.

Soc Trang Seafood Joint Stock Company and Thong Thuan Company Limited received rates of 25.76 percent, with cash deposit rates of 25.46 percent.

Other companies qualifying for a separate rate were assigned a 4.58 percent dumping margin and 4.28 percent cash deposit rate, down from a preliminary 35.29 percent rate.

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Mortgage rates reach 15 percent

VnExpress is reporting that mortgage lending rates at several banks have risen from 6 to 8 percent to around 12 to 14 percent within a short period.

Vietcombank raised home loan rates to at least 9.6 percent, while VietinBank set fixed 24-month property loans above 12 percent and BIDV up to 13.5 percent for 18 months.

Private banks such as MB Bank, VIB, ACB and Techcombank offer fixed rates of roughly 8.5 to 12 percent, with floating rates at 11 to 15 percent.

Industry representatives said higher rates reflect tighter credit limits for real estate and rising funding costs, increasing monthly repayment burdens for borrowers.

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Tourist arrivals from Europe January

the-shiv is reporting that in January, Europe accounted for 423,988 tourist arrivals, an increase of 35.10 percent from December, according to the latest data from Vietnam’s General Department of Tourism. View source→

Bar chart of Vietnam tourist arrivals from Europe, 2026

Crude oil production

the-shiv is reporting that Vietnam produced 726.92 thousand tons of crude oil in January, up 3.15 percent from 704.69 thousand tons in December, according to the latest data from the National Statistics Office. View source→

Bar chart Vietnam crude oil production in 2026

Imports from Taiwan

the-shiv is reporting that in January, Vietnam imported US$3,606.77 million worth of goods from Taiwan, up from US$3,122.03 million in December, a change of 15.53 percent, according to preliminary data from Vietnam’s General Department of Customs. View source→

Pie chart Vietnam's main imports from Taiwan in January.

Exports to South Korea

the-shiv is reporting that in January, Vietnam exported US$2,663 million worth of goods to South Korea, down 1.62 percent over December, according to preliminary data from Vietnam’s General Department of Customs. View source→

Bar chart of Vietnam's main exports to South Korea in January

Computer imports

the-shiv is reporting that Vietnam imported computers to the tune of US$16,627 million in January, up from US$14,265 million in December, a change of 16.56 percent, according to preliminary data from Vietnam’s General Department of Customs. View source→

Pie chart of Vietnam computers imports, January 2026 by country.

Fruit and veg exports

the-shiv is reporting that Vietnam exported fruits and vegetables to the tune of US$644 million in January, down from US$794 million in December, a change of -18.81 percent, according to preliminary data from Vietnam’s General Department of Customs. View source→

Pie chart Vietnam fruits and vegetables exports by destination January

Aluminium production

the-shiv is reporting that Vietnam produced 129.30 thousand tons of aluminum in January, up 19.62 percent from 108.09 thousand tons in December, according to the latest data from the National Statistics Office. View source→

Bar chart Vietnam aluminum production in 2026

Imports from Thailand

the-shiv is reporting that In January, Vietnam imported US$1162.76 million worth of goods from Thailand, down from US$1275.71 million in December, a change of -8.85 percent, according to preliminary data from Vietnam’s General Department of Customs. View source→

Pie chart Vietnam's main imports from Thailand in January.

Exports to Japan

the-shiv is reporting that In January, Vietnam exported US$2,530 million worth of goods to Japan, up 7.87 percent over December, according to preliminary data from Vietnam’s General Department of Customs. View source→

Bar chart of Vietnam's main exports to Japan in January

Iron & steel products imports

the-shiv is reporting that Vietnam imported iron and steel products to the tune of US$822 million in January, down from US$871 million in December, a change of -5.63 percent, according to preliminary data from Vietnam’s General Department of Customs. View source→

Pie chart of Vietnam iron and steel products imports, January 2026 by country.

Updated: Yogurt Market in Vietnam

the-shiv is reporting that the yogurt market in Vietnam has shown significant growth, driven by increasing consumer demand for healthy and nutritious food options.

Local brands like Vinamilk and TH True Milk dominate the market, offering a diverse range of products, including traditional, Greek, and functional yogurts.

Foreign brands such as Yakult and Meiji are also present, catering to premium and niche segments. There is, however, plenty of room for more. View source→

Updated: Chemicals Industry in Vietnam

the-shiv is reporting that Vietnam’s chemical industry is a vital sector supporting agriculture, manufacturing, and consumer goods.

It encompasses a broad range of products, including fertilisers, petrochemicals, basic chemicals, agrochemicals, specialty chemicals, and consumer chemicals. View source→

Updated: Milk Market in Vietnam

the-shiv is reporting that the future of Vietnam’s milk industry looks promising, with several key trends and opportunities poised to shape its development.

As the demand for dairy products continues to rise, driven by increasing health awareness and disposable incomes, the industry is expected to experience further expansion and innovation. View source→

Updated: Where are Adidas made in Vietnam in 2026?

the-shiv is reporting that Adidas products made in Vietnam are produced in several provinces around the country.

They are, however, mostly concentrated in the south, in and around Ho Chi Minh City.

This is in part because of the dense population and access to one of Vietnam’s biggest ports, but also because Ho Chi Minh City has a long history of garment and textile production.

It’s also a key pillar of Vietnam’s footwear manufacturing industry. View source→

Updated: Vietnam Instant Coffee 2026

the-shiv is reporting that Vietnamese instant coffee is not as well-known or talked about as its filter-coffee counterpart, but it is still very popular.

In this light, this quick guide provides an overview of Vietnam’s instant coffee products, key brands, and the production of instant coffee in Vietnam. View source→

Friday’s Vietnam news roundup

In Friday’s Vietnam news: Boeing deals USA, Gift card market report, Startup funding, Car sales 2026 forecast, South Korea-led LNG project approved, Medtech investment, Tasco chairman on car market, Wood exports, Powdered milk production, Imports from Japan, Updated: Gambling in Vietnam 2026: Laws, Casinos & Betting Landscape, Updated: Top Footwear Manufacturers in Vietnam 2026: Key Players & Global Brands, Yesterday’s Vietnam news roundup, and more. Read the full roundup→

Direct your comments / queries to mark.barnes@the-shiv.com

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