UOB Raises Vietnam's 2026 Economic Growth Forecast to 9.2%
United Overseas Bank has sharply upgraded its forecast for Vietnam's economic growth in 2026 to 9.2%, reflecting a stronger outlook for the country's economy. The revision comes as Vietnamese officials engage with the International Monetary Fund and World Bank over financing to support sustainable long-term expansion.
Severe Tidal Flooding Disrupts Traffic and Businesses Across Ho Chi Minh City
Exceptionally high tides and heavy rainfall have caused widespread flooding in Ho Chi Minh City, disrupting commuter traffic and commercial activity across several residential and business districts. The flooding is adding pressure on city authorities to accelerate drainage upgrades and strengthen infrastructure against recurring extreme weather.
Vietnam and United States Deepen Talks on Semiconductor Investment and Technology Cooperation
Senior Vietnamese and US trade officials are holding discussions aimed at expanding American investment in Vietnam's technology sector. The talks focus on semiconductor manufacturing, quantum computing research and supply chain diversification as both countries seek closer economic cooperation.
Vietnam Proposes Nationwide Indoor Smoking Ban and Restrictions for Future Generations
Vietnam's Ministry of Health has proposed legislation to ban indoor smoking in hotels, bars and karaoke venues nationwide. The draft also considers permanently prohibiting tobacco sales to people born after 2010, potentially introducing some of Southeast Asia's strictest smoking restrictions.
Russia to Introduce 30-Day Visa-Free Travel for Vietnamese Citizens From October 15
Russia will introduce visa-free entry for Vietnamese passport holders from October 15, allowing visits of up to 30 days for tourism and business. The arrangement excludes migrant workers and long-term students and is intended to encourage short-term travel and commercial exchanges between Russia and Vietnam.
Microsoft Begins Workforce Reductions in Vietnam Amid Global Technology Restructuring
Microsoft has initiated layoffs within its Vietnamese operations as part of broader workforce adjustments across its international business. The reductions come amid changes in the cloud computing and enterprise software industries, raising concerns about employment stability in Vietnam's growing technology sector.
Severe Tidal Flooding Disrupts Traffic and Businesses Across Ho Chi Minh City
Exceptionally high tides and heavy rainfall have caused widespread flooding in Ho Chi Minh City, disrupting commuter traffic and commercial activity across several residential and business districts. The flooding is adding pressure on city authorities to accelerate drainage upgrades and strengthen infrastructure against recurring extreme weather.
Vietnam and United States Deepen Talks on Semiconductor Investment and Technology Cooperation
Senior Vietnamese and US trade officials are holding discussions aimed at expanding American investment in Vietnam's technology sector. The talks focus on semiconductor manufacturing, quantum computing research and supply chain diversification as both countries seek closer economic cooperation.
Vietnam Proposes Nationwide Indoor Smoking Ban and Restrictions for Future Generations
Vietnam's Ministry of Health has proposed legislation to ban indoor smoking in hotels, bars and karaoke venues nationwide. The draft also considers permanently prohibiting tobacco sales to people born after 2010, potentially introducing some of Southeast Asia's strictest smoking restrictions.
Russia to Introduce 30-Day Visa-Free Travel for Vietnamese Citizens From October 15
Russia will introduce visa-free entry for Vietnamese passport holders from October 15, allowing visits of up to 30 days for tourism and business. The arrangement excludes migrant workers and long-term students and is intended to encourage short-term travel and commercial exchanges between Russia and Vietnam.
Microsoft Begins Workforce Reductions in Vietnam Amid Global Technology Restructuring
Microsoft has initiated layoffs within its Vietnamese operations as part of broader workforce adjustments across its international business. The reductions come amid changes in the cloud computing and enterprise software industries, raising concerns about employment stability in Vietnam's growing technology sector.