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
DPPA hurdles
VnExpress is reporting that businesses have said uptake of direct power purchase agreements (DPPAs) and rooftop solar projects is being delayed by licensing requirements and inconsistent local interpretation of requirements.
The article notes that Deputy Director of the Electricity Authority Trinh Quoc Vu has said the Ministry of Industry and Trade is reviewing the relevant decrees and plans to address these issues. View source→
Canada-Taiwan renewables investment in VN
The Taipei Times is reporting that Hon Hai Precision Industry from Taiwan and Canada’s Brookfield Asset Management have announced a partnership to invest in renewable energy projects in Vietnam to support Hon Hai’s operations and suppliers.
The companies plan to jointly develop up to 1 gigawatt of utility-scale wind, solar and battery capacity backed by long-term power purchase agreements. View source→
Progress report on US aircraft / engine deals requested
Reuters is reporting that Vietnamese airlines have been asked to report on their progress in implementing aircraft and engine deals previously announced with US companies, as Hanoi seeks to demonstrate progress on bilateral trade commitments during talks with Washington.
Vietnam Airlines, Vietjet Air and Sun Phu Quoc Airways were asked to review agreements, including purchases of 290 Boeing aircraft and Vietjet’s Pratt & Whitney engine contract. View source→
Ed.’s notes: Not a great time for airlines (re: rising fuel prices) to be expanding / taking on more debt. Will be interesting to see if government objectives can win out over business environment realities / if there might be government support made available to help finance these projects.
Tech development plan
The Investor is reporting that a plan targeting five Vietnamese digital technology companies generating at least US$1 billion in annual overseas revenue by 2030 has been approved.
The strategy aims for at least 5,000 Vietnamese digital technology firms to earn revenue abroad and for annual digital technology exports to reach at least US$55 billion. View source→
Ed.’s notes: Very ambitious. Not clear how these targets were determined / what supporting policy there might be to make this happen.
VinHomes subsidiary bond issuance
The Investor is reporting that Vinhomes subsidiary Thai Son Investment Construction Corporation raised VND8 trillion (US$304 million) through four private bond issuances in May and June, including VND2 trillion (US$75.9 million) this month.
The latest three-year bond tranche carries a 12 percent coupon and is secured by 22 million Vingroup shares valued at about VND4.7 trillion (US$178.4 million). View source→
Ed.’s notes: Note the value of the shares as security = VND 213,636. About 10 times their book value (roughly VND 20,000 per share).
BIDV reverses course on interest rate hike
Vietnamnet is reporting that BIDV reversed interest rate increases introduced earlier this month, cutting online deposit rates and restoring them to previous levels.
BIDV reduced online rates by 0.6 percentage points for six to 11-month deposits and by 0.8 percentage points for 12-month deposits. View source→
Ed.’s notes: It would be interesting to know what went on behind the scenes. Presumably, BIDV was raising interest rates to increase liquidity. Where is that liquidity coming from now?
Fines for supernatural fake news
Znews is reporting that Ninh Binh Police fined a Hanoi woman VND7.5 million (US$285) for posting false social media stories about alleged supernatural incidents during a trip to the province.
Police said the Threads account owner published 37 posts that attracted more than 52,000 likes and extensive online engagement, which the police took issue with on the grounds that it could damage the province’s reputation as a tourism destination. View source→
EV Maker VinFast Records US$1 Billion Net Loss in Q1
This is interesting in that it comes amid an uptick in sales with 58,577 electric cars and 143,136 electric two-wheelers delivered, up 61 percent and 219 percent compared to Q1 2025, respectively. Read the full article →
LPG production May
Vietnam produced 69.81 thousand tonnes of liquefied petroleum gas (LPG) in May, up 2.98 percent from 67.79 thousand tonnes in April 2026, according to the latest data from the National Statistics Office. Read the full article →
Stock market Tuesday
The VN-Index closed at 1,793.05, up 2.52 points or 0.14 percent, with a total trading value of VND 13,740.09 billion or US$521.45 million, and foreign traders net-selling US$32.98 million worth of equities, Tuesday, according to the latest data from the Ho Chi Minh City Stock Exchange. Read the full article →
Exchange rates Tuesday
On June 9, in Vietnam, the black market US dollar buy rate was VND 26,340, and the sell rate was VND 26,360, a change of 10 and 10, respectively, for a mid-market rate of VND 26,350 (down 0.04 percent), according to prices quoted by Ty Gia USD. Read the full article →
Yesterday’s Vietnam news roundup
In yesterday’s Vietnam news: VinFast Q1 results, Masan secures US$750m loan, Fiscal policy for economic growth, Savings interest rates raised at BIDV, Vingroup rights increase share GSM / VinEnergo, Techombank CEO GDP growth higher oil prices, EV registration fee exemption extended, E5 petrol access limited, VinFast to sell 1 million cars to GSM, Stock market Monday, Exchange rates Monday, Natural gas production May, and more. Read the full article →