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
Fiscal policy for economic growth
Reuters is reporting that Deputy Governor of the State Bank of Vietnam, Pham Thanh Ha, has said the government will rely more heavily on fiscal policy to achieve its growth targets as opposed to monetary policy. View source→
Ed.’s notes: Will be interesting to see how fiscal policy is used to drive the kind of growth numbers the government wants.
Savings interest rates raised at BIDV
Dau Tu Kien Thuc is reporting that BIDV raised online deposit rates twice in June, lifting rates to 7.2 percent for six- to 11-month and 13- to 36-month terms and 7.4 percent for 12-month deposits.
The increases come despite State Bank of Vietnam guidance urging banks to lower deposit and lending rates to support economic growth. View source→
Ed.’s notes: Speaks to the mismatch between growth objectives and liquidity realities.
Vinfast Q1 results
Dau Tu Kien Thuc is reporting that VinFast reported first-quarter 2026 revenue of VND23.11 trillion (US$877.1 million), up 41.7 percent year-on-year, driven by strong electric vehicle sales in Vietnam and growing contributions from international markets.
The company delivered 58,577 electric vehicles during the quarter, a 61 percent increase from a year earlier, while electric motorcycle and bicycle deliveries rose 219 percent to 143,136 units. View source→
Ed.’s notes: Noted because the article fails to mention a gross loss of about VND17,004.9 billion (US$677.4 million).
VinFast to sell 1 million cars to GSM
VnExpress is reporting that VinFast signed a framework agreement in May to supply Green SM with one million electric cars and four million electric motorcycles between 2026 and 2030.
The agreement supports Green SM’s expansion across ride-hailing, vehicle rental and transport services, with delivery schedules and pricing to be determined through separate sales contracts. View source→
Vingroup rights increase share GSM / Vinenergo
Dau Tu Kien Thuc is reporting that Vingroup has approved a plan that could increase the group’s interest in ride-hailing firm GSM and energy developer VinEnergo to as much as 35 percent. View source→
EV registration fee exemption extended
Dan Tri is reporting that a 100 percent first-registration fee exemption for battery electric vehicles has been extended until December 31, 2030.
The exemption was previously scheduled to end in February 2027.
The Ministry of Finance said the policy aims to encourage electric vehicle adoption, support domestic production and investment, and reduce transport-related emissions. View source→
Masan secures US$750m loan
Masan Group has said in a press release that it has secured a US$750 million senior unsecured syndicated loan from 15 international banks.
Masan said approximately US$490 million will be used to refinance existing debt and about US$260 million will be retained as liquidity for strategic flexibility, with the refinancing expected to reduce annual interest costs by roughly US$4.4 million. View source→
Ed.’s notes: Noted for US dollar exposure.
Techombank CEO GDP growth higher oil prices
Dau Tu Kien Thuc is reporting that Techcombank CEO Jens Lottner has said the bank has cut its 2026 Vietnam GDP growth forecast to around 7 percent from about 8 percent previously, citing energy price risks.
Lottner said prolonged oil prices above US$100 per barrel could reduce Vietnam’s growth rate to about 5.5 percent, with energy costs posing a broader challenge than tariffs. View source→
Ed.’s notes: Contrasts with Finance Minister insisting last week that double-digit GDP growth is still a priority.
E5 petrol access limited
Nguoi Lao Dong is reporting that E5 gasoline has become difficult to find in some areas with Petrolimex saying only three stations in Ho Chi Minh City currently sell E5 (5 percent ethanol as opposed to E10 which is 10 percent).
Retailers said limited supply, low profit margins, storage constraints and investment costs have discouraged expansion of E5 distribution, despite increased demand from owners of older vehicles and agricultural machinery. View source→
Stock market Monday
The VN-Index closed at 1,790.53, down 48.37 points or 2.63 percent, with a total trading value of VND 18,994.17 billion or US$720.84 million, and foreign traders net-selling US$25.50 million worth of equities, Monday, according to the latest data from the Ho Chi Minh City Stock Exchange. Read the full article →
Exchange rates Monday
On June 8, in Vietnam, the black market US dollar buy rate was VND 26,350, and the sell rate was VND 26,370, a change of 10 and 20, respectively, for a mid-market rate of VND 26,360 (down 0.06 percent), according to prices quoted by Ty Gia USD. Read the full article →
Natural gas production May
Vietnam produced 581.52 million m 3 of natural gas in May, up 1.21 percent from 574.56 million m 3 in April 2026, according to the latest data from the National Statistics Office. Read the full article →
Cryptocurrency in Vietnam: SSC Says Can Be Kept Off Shore But Not Traded
These developments are noteworthy in that new rules and regulations around Vietnam’s digital asset exchange project have been coming thick and fast in recent months, but clear gaps in policy objectives and realities remain. Read the full article →
Vietnam news roundup yesterday
In today’s Vietnam news: Crypto transfers to VN not necessary, Novaland bond changes, Perspectives on garment industry, Working hours cut proposed, Adding political component to lawyer requirements, Hiring teachers corruption, Former Google exec in Vietnam, Ban on ships for recycling imports proposed, Crude oil production May, Tourist arrivals May, Stock market Friday, Exchange rates Friday, Exports to France April, and more. Read the full article →