This is a brief rundown of what is being reported today in Vietnam’s state-approved media and about Vietnam in the international press.
It endeavours to highlight the narratives currently shaping the country’s economic, financial, and business news landscape.
Ed’s note: I’m always looking for new sources with unique insights. If you’re operating a business or working in Vietnam and want to talk about it, reach out: mark.barnes@the-shiv.com
Increased fuel supplier inspections
24H is reporting that Vietnam’s Ministry of Industry and Trade has ordered nationwide inspections of fuel retailers to help ensure adequate supplies, with a particular focus on diesel amid global supply pressures.
Provincial authorities have been instructed to monitor fuel inventories, prices and sales, while taking action against hoarding, restricted sales or unauthorised closures of petrol stations. View source→
US 301 tariff rate quotas apparel
SGB Online is reporting that the United States is proposing textile tariff-rate quotas for Bangladesh, Cambodia, Indonesia and Malaysia, potentially exempting qualifying apparel exports from new Section 301 tariffs, noting if these go ahead it could put Vietnam at a disadvantage. View source→
Industrial park earnings expectations
The Investor is reporting that Vietnam’s industrial park developers are expected to see sharply diverging earnings in 2026, with companies holding large rubber land banks forecast to significantly outperform traditional industrial park operators. View source→
PYN Elite assessment stock market July
Dau Tu Kien Thuc is reporting that Finnish investment fund PYN Elite has described July as “horrible” after the VN-Index plunged, but said it still expects Vietnamese listed companies to deliver solid profit growth in 2026.
The fund attributed the market sell-off to domestic and foreign investors, citing higher interest rates, stronger demand for capital and geopolitical uncertainty. View source→
Mortgage interest rates
Tuoi Tre is reporting that Vietnamese mortgage rates have risen to 15-16 percent, with borrowers reporting sharply higher monthly repayments as deposit rates continue to increase. View source→
Japan electronics buys out local partner
The Investor is reporting that Japan’s Sharp Energy Solutions has acquired full ownership of its Vietnamese solar engineering joint venture, renaming it Sharp Energy Solution Vietnam Company Limited.
The company said full control will accelerate decision-making as it expands into rooftop solar systems and battery energy storage projects in Vietnam. View source→
Airfares fall
VnExpress is reporting that domestic airfares in Vietnam have fallen by 30-50 percent since the start of the summer travel season, driven by lower jet fuel prices, increased airline capacity and stronger competition.
Travel industry representatives said lower ticket prices are boosting tour bookings and reducing cancellations as weaker consumer demand encourages airlines to offer cheaper fares, the article says. View source→
Vingroup leader + wife LPBank stake
Tien Phong is reporting that Vingroup leader Pham Nhat Vuong and his wife, Pham Thu Huong, together own nearly 9.86 percent of LPBank’s charter capital, making them among its largest shareholders.
The disclosure marks the first time Pham Thu Huong has appeared on LPBank’s list of shareholders owning at least 1 percent under Vietnam’s 2024 Law on Credit Institutions. View source→
Certificate of deposit interest rates
Dan Tri is reporting that Vietnamese banks are offering certificates of deposit with interest rates of up to 9 percent, significantly above ordinary deposit rates, as they compete for funding amid strong credit demand. View source→
Exchange rates Monday
On July 28, in Vietnam, the black market US dollar buy rate was VND 26,400, and the sell rate was VND 26,420, unchanged from Friday, according to prices quoted by Ty Gia USD. Read the full article →
Stock market Monday
The VN-Index closed at 1,669.01, down 17.10 points or 1.01 percent, with a total trading value of VND 14,575.48 billion or US$553.15 million, and foreign traders net-selling US$28.12 million worth of equities, Monday, according to the latest data from the Ho Chi Minh City Stock Exchange. Read the full article →
Yesterday’s news roundup
In yesterday’s Vietnam news: Fuel distributors closing down, Securities cash account balances fall, US-VN fake Nike seizure, Gov’t response US forced labour tariffs, Proposed U16 social media ban, Green SM Denmark market entry, Non-life insurance sector rating, Online retail sales, Chinese FDI project expansion, Stock market Friday, Friday’s news roundup, and more. Read the full article →