Vietnam News Today, March 24 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.

Analysis: New politburo economic experience limited

World Politics Review is carrying analysis that argues Vietnam’s new leadership prioritises loyalty and factional alignment over the technocratic capacity needed to deliver high growth targets.

It states that the Politburo now has a historically low representation of officials with economic management experience, raising concerns about policy execution.

It argues that the growth strategy relies on debt-funded infrastructure and state-directed investment, echoing past policies linked to bad-debt issues.

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Ed.’s notes: Includes comparison to Suharto.

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Nuclear reactor Russia deal

The Moscow Times is reporting that Russia and Vietnam have signed a cooperation agreement to build Vietnam’s first nuclear power plant, establishing a legal framework for two reactors with a total capacity of 2400 megawatts.

The deal was announced during Prime Minister Pham Minh Chinh’s visit to Russia amid rising fuel prices in Vietnam linked to Middle East supply disruptions.

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Ed.’s notes: Lacks specifics – a draft agreement was announced back in January, but also without specifics. 

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Russia LNG

The Investor is reporting that Novatek, Russia’s second-largest natural gas producer, is seeking to expand investment and cooperation in Vietnam, focusing on liquefied natural gas projects and supply agreements.

In discussions that took place during Prime Minister Pham Minh Chinh’s visit to Russia, Novatek highlighted Vietnam’s strong economic growth and rising energy demand as driving forces for Novatek’s expansion plans.

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Sustainability linked loans VP Bank

Bloomberg is reporting that Vietnam Prosperity Joint Stock Commercial Bank is seeking a sustainability-linked loan of about US$1.2 billion, one of Vietnam’s largest financings tied to environmental, social, and governance metrics.

The three-year facility is being arranged by more than a dozen banks, with Sumitomo Mitsui Banking Corporation acting as the sole coordinator.

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Ed.’s notes: Noted because it appeared in Bloomberg. Not clear what the significance of this move is.

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VN-Index falls below 1,600 points

The Investor is reporting that Vietnam’s VN-Index fell 56.62 points to 1,591.17, dropping below 1,600 amid Middle East tensions and extending losses since early March.

Declines were broad-based, with 317 stocks falling and 38 hitting floor prices, while the VN30 index dropped with 27 of 30 constituents in negative territory.

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Ed.’s notes: Closed at all-time high on March 2 of 1,880.33 points.

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Investors selling real estate at a loss

Thanh Nien is reporting that Vietnam’s secondary real estate market is seeing investors selling properties at a loss of up to VND 300 million (US$11,385) per unit.

Loss-cutting is mainly coming from investors using high financial leverage or those who bought at peak prices driven by fear of missing out, the article says.

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Ed.’s notes: Article doesn’t say why this is happening or explain the extent of it. Noted because maybe this is a story coming down the pipeline?

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Real estate prices in Hanoi & HCMC fall in Q1 2026

Nguoi Lao Dong is reporting that real estate data from Batdongsan.com.vn shows average asking prices for land in Hanoi fell 4 percent in the first quarter of 2026, while detached housing in Ho Chi Minh City declined 2 percent.

The report states demand dropped during Lunar New Year, then recovered but slowed due to cautious sentiment linked to rising borrowing costs and macroeconomic uncertainty.

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Foreign / VN digital asset platform investigation

VnExpress is reporting that Vietnam’s HVA Group has confirmed it is providing information to authorities regarding the ONUS digital asset trading platform, describing the process as routine cooperation.

The ONUS platform has been inaccessible since March 20, with users unable to log in or access digital assets, the article notes.

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Ed.’s notes: Maybe something in context of upcoming launch of state-sanctioned crypto trading platforms? Not clear where ONUS / HVA Group sits in this new regulatory environment, but timing conspicuous. #monitoring

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EU report VN fruit / veg imports pesticide residues

Dau Tu Kien Thuc is reporting that a February 2026 report by France’s Directorate General for Food, based on 2024 data, identified food safety risks in some fruit and vegetable imports from Vietnam.

Vietnam’s trade office in France said passion fruit recorded the highest violation rate, with 15 of 47 samples exceeding maximum residue limits, including the detection of omethoate.

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Ed.’s notes: Goes to non-tariff barriers to benefitting from Vietnam’s myriad free trade agreements for local firms.

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Pig gene editing ambitions

Tuoi Tre is reporting that Vietnam’s Ministry of Agriculture and Environment said it plans to research gene editing of Mong Cai pigs to reduce fat content.

Deputy Minister Phung Duc Tien announced the plan at a national conference on livestock and veterinary science covering developments and priorities for 2026 to 2030.

The ministry reported recent advances, including cloning pigs from somatic ear cells and progress in embryo technologies and breeding research.

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Vietnam Airlines cutting 23 flights/wk

Nguoi Lao Dong is reporting that Vietnam Airlines plans to cut 23 flights per week from April 1, 2026, suspending several domestic routes due to fuel supply risks linked to Middle East disruptions.

The Civil Aviation Authority of Vietnam said constrained Jet A-1 supply has raised concerns over potential fuel shortages for domestic carriers, the article says.

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Stock market Monday

The VN-Index closed at 1,591.17, down 56.64 points or 3.44 percent, with a total trading value of VND 29,259.80 billion or US$1,110.43 million, and foreign traders net-selling US$19.20 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 March 23, in Vietnam, the black market US dollar buy rate was VND 27,950, and the sell rate was VND 28,000, a change of 250, and 250, respectively, for a mid-market rate of VND 27,975 (up 0.90 percent), according to prices quoted by Ty Gia USD. Read the full article →

Bar chart change in Vietnam dong, 23 March 2026

Exports to Indonesia February

In February, Vietnam exported US$407 million worth of goods to Indonesia, down 16.97 percent over January, according to preliminary data from Vietnam’s General Department of Customs. Read the full article →

Bar chart of Vietnam's main exports to Indonesia in February

Yesterday’s Vietnam news roundup

In yesterday’s Vietnam news roundup: Biofuel mandate moved forward, State to subsidise petrol if PSF runs out, Official response to USTR investigation, Denmark firm buys into Hai Phong port, Fuel price adjustments delay narrowed, Phu Quoc APEC 2027 delays persist – fuel shortage, Gas cylinder price increase, Transport project delays on construction materials shortages, Italian bank meets with Deputy PM, Food safety decree delayed, PM visits Russia, Vietnam Fuel Prices Tracker: March 21, Update, Imports from Thailand February, Cotton imports February, Phone exports February, Exports to Malaysia February, Exports to Thailand February, and more. Read the full article →

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