Vietnam Financial News

Khanh joined VinaCapital in 2010 and helped oversee the company's move to the main market in 2016. He has been co-manager since 2019, and chair Huw Evans said Khanh was the «right person to drive its future success». Vietnam Opportunity fund survives attempt to discontinue trust Group CIO Alex Hambly said «Khanh's promotion is a testament to his exceptional efforts and commitment to ensuring the continued out-performance of VOF. His strategic vision and leadership have been instrumental in the fund's success, and as a result, he has earned the full support and confidence of the inv...

Subscribe to enjoy similar stories.New Delhi: The US-Iran war has crimped energy supplies, raised fuel prices, threatens to spike India’s import bill and thus strain its foreign exchange reserves. It was in this context that Prime Minister Narendra Modi appealed to citizens on Sunday to cut fuel use, avoid unnecessary overseas travel and explore domestic destinations instead.For some affluent Indian travellers, that shift is already underway—India's premium domestic destinations are seeing stronger demand, higher occupancies and rising room tariffs this summer.A Delhi-based family of nine abandoned their usual summer plan of a European holiday as business class tickets surged past ₹5 lakh a seat on some key routes, nearly double the typical fares.

Subscribe to enjoy similar stories.From India and Vietnam upgrading their bilateral ties and setting a $25 billion trade target by 2030, to four states declaring assembly election verdicts amid a mixed economic backdrop, direct tax collections falling short of revised estimates in FY26, manufacturing and services activity rebounding in April, and India’s domestic LPG consumption taking a hit due to West Asia war—here is a compilation of this week’s news in numbers.India and Vietnam have set a target of raising bilateral trade to $25 billion by 2030, following talks between Prime Minister Narendra Modi and Vietnam President To Lam in New Delhi this week. The two countries also upgraded ties to an “Enhanced Comprehensive Strategic Partnership”, signalling deeper cooperation in trade, defence and technology.Trade has steadily expanded over the past decade, crossing $18 billion in FY26.

Subscribe to enjoy similar stories.President Trump’s threat to raise tariffs on European cars is a warning for investors and U.S. trading partners that the Iran war hasn’t dissuaded him from his trade agenda or his willingness to strong-arm allies through economic pressure.Trump said Friday that the U.S. would increase tariffs on European cars and trucks to 25% from the 15% level that was agreed to as part of a preliminary trade deal last summer.

Subscribe to enjoy similar stories.It’s a hot day in Hanoi, the humidity hanging heavy, but we’re cutting a cool path through the water of Ha Long Bay, heading towards the uber-luxury Vinpearl Resort, built on an island with spectacular views of the bay. This isn’t a vacation though. We’re here to test drive VinFast’s new MPV 7.Before we get to the cars, we’re shown the entire repertoire of the Vin’s group’s strength since the group has ambitious plans for India.

Subscribe to enjoy similar stories.For anyone scrolling through social media lately, Vietnam seems to have taken over the feed, with its cafés, coastlines and bustling streets firmly etched onto the global travel map. But the tourism buzz is only the surface of a deeper story.Emerging from the ashes of the war with the US and from being one of the world’s poorest economies in the 1980s, Vietnam is now seen as an economic miracle, delivering sustained high growth (8% in 2025) and reducing poverty to below 5% from nearly 80% in 1993.

Since US President Donald Trump started hiking tariffs last year, many commentators have called attention to Asian exporters’ resilience. But the narrowly concentrated gains in Taiwan, Vietnam and Thailand have been driven primarily by electronics, obscuring the sharp divisions that a protectionist US and an export-reliant China are perpetuating across the region. Beyond electronics exports, other sectors are being undercut, leading several governments to announce targeted support measures for firms and consumers, even as headline growth has headed higher.

Indian audio and video content, usually considered a draw for domestic audiences and specific diasporic markets, is now finding a home in unusual export destinations.Saudi Arabia, Egypt and the Philippines are among the countries where Indian content is popular, according to the Content Trends Report launched recently at the Content India Summit 2026, organized by Dish TV.Experts said this demand is not diaspora-led, unlike more established markets such as the US or the UK. Instead, it appears to be driven by cultural alignment.

The swimwear market is being transformed as fitness and geopolitical shifts in travel have diverted millions of vacationers to pools and beaches in India. The sector, which nearly doubled to ₹8.5 billion over the last five years, is shedding its seasonal reputation as more people use it as a year-round low-impact cardio exercise.This surge is bringing a wave of direct-to-consumer (D2C) firms, challenging Speedo's decade-long dominance.

₹9,000 crore to become the country’s fourth-largest paint company, sees stronger growth potential in industrial coatings than in the decorative segment, Parth Jindal managing director of JSW Paints and chairman of JSW Dulux, the erstwhile AkzoNobel India, told Mint.“We have global R&D capabilities after we acquired Akzo Nobel and particularly in the absence of Birla Opus in the industrial paints space we see less competition,” Jindal said. He added that a potential shift towards electric vehicles (EVs), driven by the West Asia conflict, could further boost demand.The conflict has already started influencing the EV market.

Mint. “There's been strong extended producer responsibility (EPR) regulations in place for over a decade and that has now evolved into mandatory recycled content regulations as well.”The firm announced a first close of $220 million for its second fund, which has a targeted corpus of $300 million.

Having risen steadily over time, the share of Indian households who use liquefied petroleum gas (LPG) as their primary source of fuel for cooking is now at 60% as of 2024. Another 33% of households still used firewood.This data comes from India's Household Consumption Expenditure Surveys, a series of large, nationally representative household surveys conducted by the National Statistical Office, which ask the head of the household what the primary source of energy used by the household in the 30 days preceding the survey was.

Vietnam War. It was 8 June 1972. Dozens of children were running for safety after the US bombing in Vietnam’s Trang Bang region.

Essel Propack after its merger with Swiss firm Propack in 1997. Over the next two decades, Essel Propack built a strong international footprint across the Americas, Europe, Asia, and Africa.In 2019, Blackstone invested $460 million to acquire a 75% stake in the company, and renamed it EPL.

BYD sells four electric vehicle models in India—eMax 7, Atto 3, Sealion 7, and Seal. The first two models are homologated in India, thus there is no limit to their imports in the country.In 2025, its sales grew 88% to 5,402 units, as per data from the Federation of Automobile Dealers Associations (Fada).

Beneath the stated justifications of any war in history—righteous causes, nuclear threats, regime changes—the bedrock truth is the same. Conflict is and has always been a quest for resources. The Iran war is merely the latest chapter.

₹1,200 crore, with Stovekraft and TTK Prestige together accounting for about 36% as of FY25, according to Fadia.“Whatever channel inventory was already available has largely been sold out, and companies would not be in a position to quickly refill the channel as they would not have planned for such a sudden surge in demand,” said Fadia. “They will need time to order components and align the supply chain, which could take at least 20–30 days."Most consumer appliance companies source components from China and assemble them locally, while some traders and distributors directly import finished goods from China and Vietnam, limiting the benefit for domestic manufacturers, said Fadia.A major share of induction stoves sold in India are sourced from China, with companies procuring components or finished units and assembling them domestically before selling under local brands, said Trviesh D, chief operating officer at Tradejini, a stock broking company.And even if companies ramp up supply, the demand may fade once LPG availability improves.“While the disruption may lead some households to try induction cooking, we expect demand to normalize once LPG supply improves, limiting the likelihood of a sustained structural shift in the category,” said Manish Valecha, research analyst, Anand Rathi Institutional Equities.Investor enthusiasm has already cooled.

crude oil prices briefly above $100 a barrel amid fears of shipping disruptions through the Strait of Hormuz, which carries about 20% of global oil supply. Global stocks also slid as investors worried the crisis could trigger one of the biggest oil shocks since 1990, an analysis by howindialives.com showed.In the 12 days of the conflict so far, oil prices surged about 34%, the sharpest rise among major oil-shock episodes.Prices have since eased to around $98 a barrel.

Mint’s Emerging Markets Tracker more consistently. As India grapples with these weaknesses, Vietnam—newly added to the tracker—has emerged as a formidable challenger.Vietnam has claimed the top spot in three of the past four months, marking a strong debut on the tracker.

Subscribe to enjoy similar stories. For decades, the 'Made in India' label sat uneasily on global retail shelves, signalling an easy pick for discount-hunter. Now, New Delhi is betting that a flurry of newly minted trade deals can flip that script, repositioning the world’s fastest-growing major economy as a producer of premium, high-margin goods to the world’s wealthiest consumers.

Subscribe to enjoy similar stories. Mumbai: Smart supply-chain manoeuvres and assembling in the United States helped India’s top solar panel exporter Waaree Energies maintain its lucrative trade with the country in the face of steep 50% tariffs on India, even as the exports of its main domestic rival Adani New Industries Limited faltered. Waaree sourced solar cells, the building blocks of solar panels, from suppliers in Southeast Asia to escape the crippling tariffs levied on India, the company’s management said during recent investor calls, as the US tariffs on solar panel imports are levied based on the country of origin of the solar cells rather than the country where the panels are assembled.

Subscribe to enjoy similar stories. NEW DELHI : With US tariffs sharply reduced and policy uncertainty easing, Indian exporters are gearing up to resume exports at the revised duty rates. Industry executives say the move could double India’s exports to the US over the next four to five years.