Economic & financial news

Moody's Ratings has assigned PGBank a B1 long-term deposit rating with a stable outlook, citing its diversified funding base, strong capitalization and improving profitability.

As global economic shifts reshape trade and investment, Việt Nam and Germany are looking to deepen their partnership. The 19th Asia-Pacific Conference of German Business in Seoul has brought these priorities into focus, highlighting how stronger cooperation can help turn shared ambitions into concr…

Việt Nam needs to strengthen risk-based post-market inspections of beer, alcoholic beverages and soft drinks, alongside tighter product traceability and greater use of digital data, as e-commerce pose growing challenges for food safety management.

Speaking at the Government’s regular press briefing on Wednesday, Deputy Minister of Construction Lê Hồng Vinh said 293 social housing projects, comprising 363,065 units, are currently under development nationwide.

Five international exhibitions showcasing technologies for Việt Nam’s energy transition, industrial development, water infrastructure, and digital growth opened in HCM City on November 4 with more than 800 exhibitors from 25 countries and territories.

In the third quarter alone, Vinatex posted a gross profit of VNĐ780 billion and a pre-tax profit of VNĐ540 billion, marking the second consecutive quarter in which pre-tax earnings crossed the VNĐ500 billion threshold.

The VN-Index rebounded nearly 2 per cent on broad-based buying, with technology and financial stocks leading gains and heavyweight shares lifting market sentiment.

Japan’s second-richest man Masayoshi Son was the only Asian billionaire among the world’s five biggest wealth losers on Wednesday afternoon.

Malaysia-listed IOI Properties plans to launch a Singapore private fund in the coming months while targeting early 2027 for a secondary listing on the Singapore Exchange (SGX), its billionaire CEO said.

Vietnam gold prices rose further on Wednesday afternoon following a 2.4% surge in global bullion rates.

Techcombank CEO Jens Lottner highlighted Vietnam's economic resilience, investment prospects and infrastructure development at the Fortune Southeast Asia 500 Summit 2026, emphasizing the need for long-term capital to sustain growth.

Total State budget revenue in the first 10 months increased by 11 per cent compared to the same period last year to nearly VNĐ2.44 quadrillion (US$93.8 billion).

Naruechon Dhumrongpiyawut, CEO of renewable energy company Gunkul Engineering, and Thapanee Techajareonvikul, CEO of retail conglomerate Berli Jucker, have been named to Forbes’ Asia’s Power Businesswomen 2026.

The U.S. dollar fell to a 1.5-year low against the Vietnamese dong on Wednesday morning.

SABECO was named an 'Outstanding Enterprise in Asia' for the third time at APEA 2026, while its two beer brands, Bia Saigon and Bia 333, received the 'Inspirational Brand' title.

Indonesia will not export electricity to Singapore unless the two countries agree on a suitable price, an official has said, casting doubt on plans to supply up to 3.4 gigawatts of low-carbon electricity to the city-state.

Lanny Budiati, president director of BCA Digital, a subsidiary of Bank Central Asia, which is controlled by the billionaire Hartono family, has been named to Forbes Asia's Power Businesswomen 2026 list.

IOI Properties Group, controlled by Malaysian billionaire Lee Yeow Seng, has launched an initial public offering for its property trust, seeking to raise about RM2.1 billion ‌(US$515.7 million).

Air travel in Vietnam will grow at twice the global average, meaning the country will need to add 1,000 aircraft to its fleet over the next two decades, according to a recent forecast by Airbus.

Vietnam's gold prices rose on Wednesday morning amid an increase in global bullion rates.