Contents
ToggleThis 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
Power supply imports
Vietnamnet is reporting that the National Power System and Electricity Market Operator has said it is increasing electricity imports along with using expensive oil-fired generation, in order to meet power demand.
The article notes the National Centre for Meteorological and Hydrological Forecasting has said hot weather is expected to continue, with the National Power System and Electricity Market Operator forecasting further increases in northern Vietnam electricity demand. View source→
Ed.’s notes: Ongoing issue — power demand spikes and power costs rise putting pressure on regulated retail electricity prices.
Hanoi boulevard project protests
RFI is reporting that some residents in Hanoi have begun peaceful protests ahead of the planned June 29 announcement of the Red River Scenic Boulevard project, citing concerns over land acquisition and compensation.
The project would span about 11,418 hectares with an estimated investment of VND 736.963 trillion (US$27.97 billion) between 2026 and 2038 under a public-private partnership.
Residents told Agence France-Presse they had not received sufficient planning information and were concerned about relocation, compensation and the loss of established communities. View source→
Ed.’s notes: US$28 billion / 12 years = US$2.3 billion in investment a year needed.
Antidumping duties coming for boxes
In a press release, the United States International Trade Commission has said imports of polypropylene corrugated boxes from Vietnam have materially injured the US industry, with the Department of Commerce determining they were sold below fair value.
The decision means the Department of Commerce will issue an antidumping duty order on imports of polypropylene corrugated boxes from Vietnam. View source→
Maersk container terminal project Hanoi
Bloomberg is reporting that Maersk and Hateco plan to begin construction as early as July on a US$98 million inland container terminal in Hanoi to expand Vietnam’s port and logistics network.
The Giang Bien terminal will be built in two phases across 239,000 square metres with six berths, storage yards and supporting infrastructure linked to Haiphong’s Lach Huyen port. View source→
Vinpearl foreign investment
The Investor is reporting that Vinpearl has secured a US$255 million strategic investment from SeaTown Private Credit Fund III and Vietnam Oman Investment through convertible dividend preference shares.
Vinpearl said the funding will strengthen its financial resources and support future growth initiatives across its hospitality business. View source→
Ed.’s notes: Noted for background on Vingroup financing arrangements.
Regulatory changes to rules on sharing news content
Vietnam Plus is reporting that the Ministry of Culture, Sports and Tourism has confirmed that sharing links to news articles on social media will not breach copyright rules; however, when accompanied with part or all of a journalistic work without the copyright holder’s permission, it might.
Le Quang Tu Do said rewritten articles may also infringe copyright if they rely on original reporting, interviews or exclusive information created by another media organisation.
The guidance follows Decree 174/2026/ND-CP, which takes effect on July 1 and allows fines of VND 20-30 million (US$759-1,139) for sharing journalistic works on social media without the copyright holder’s consent. View source→
Ed.’s notes: It will be interesting to see if this applies to domestic news sites pulling content from English-language news sites and translating it into Vietnamese (often with anything negative stripped out).
New airline expansion
Vietstock is reporting that Sun PhuQuoc Airways has received its 11th aircraft with plans to more than double its fleet to 26 Airbus A320 and A321 aircraft by the end of August.
The airline said it expects to receive 16 additional aircraft in just over two months, with all scheduled to enter service during the 2026 summer peak season. View source→
Ed.’s notes: From zero to 26 aircraft in less than a year (if it gets there) seems very fast. Note numbers don’t add up in the original article (11+16=27).
Government bond auction June 24
The Vietnam Bond Market Association has said in a release that Vietnam’s State Treasury raised VND 4.385 trillion (US$166.41 million) from a government bond auction on June 24, with demand strongest for 10-year bonds.
The Treasury offered VND 17 trillion (US$645.16 million) across five maturities.
Winning yields rose by 3 basis points for five-year bonds and 1 basis point for 30-year bonds compared with the previous auction.
The State Treasury has issued VND 182.561 trillion (US$6.93 billion) in government bonds so far this year, equivalent to 36.5 percent of its 2026 issuance target. View source→
Ed.’s notes: Yields rose, but still only about a quarter of the government bonds offered were sold.
Petrol + diesel import tax cut extension proposal
Tuoi Tre is reporting that Vietnam’s Ministry of Finance has proposed extending zero import tax, zero environmental protection tax and zero value-added tax on fuel until September 30.
The ministry estimated the measures would reduce state budget revenue by about VND 15.4 trillion (US$584.4 million) between July 1 and September 30. View source→
Stock market Wednesday
The VN-Index closed at 1,878.02, up 8.98 points or 0.48 percent, with a total trading value of VND 18,166.71 billion or US$689.44 million, and foreign traders net-selling US$23.34 million worth of equities, Wednesday, according to the latest data from the Ho Chi Minh City Stock Exchange. Read the full article →
Exchange rates Wednesday
On June 24, in Vietnam, the black market US dollar buy rate was VND 26,480, and the sell rate was VND 26,500, a change of 270 and 280, respectively, for a mid-market rate of VND 26,490 (down 1.03 percent), according to prices quoted by Ty Gia USD. Read the full article →
Coal imports May
Vietnam imported coal to the tune of US$964 million in May, down from US$971 million in April, a change of -0.73 percent, according to preliminary data from Vietnam’s General Department of Customs. Read the full article →
Yesterday’s Vietnam news roundup
In yesterday’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank, Australia anti-dumping investigation VN steel, Pacific Airways debts, Apax English fined by SSC, Vietnam Airlines Boeing purchase funding guarantee, Forex reserves at US$87.6 billion, Facebook admin fines unlawful content, 9.8 percent minimum wage increase proposed, Stock market Tuesday, Exchange rates Tuesday, Vietnam’s Cinema Department Raises Concerns Over Horror Movie Content, and more. Read the full article →