Overview of Vietnam’s economy in Q1

Foreign direct investment (FDI) in Ho Chi Minh City has surged after the merger with Binh Duong and Ba Ria-Vung Tau provinces, with foreign inflows reaching $8.37 billion this year.

Vietnam’s ambition to develop international financial centres is entering a decisive phase, with policymakers and international partners turning their attention from infrastructure to the quality of finance and accounting talent needed to meet global expectations.

Vietnam International Bank (VIB) has received new recognition for customer satisfaction, reflecting its continued focus on customer experience.

As ASEAN attracts growing global capital, the race to develop credible international financial centres is intensifying, with Vietnam’s ambitions – supported by policy reform and international partnerships – drawing particular attention. Ren Varma, ACCA’s regional head for Mainland Southeast Asia, highlights the country’s strengths and key priorities for success.

Vingroup has pulled out of its bid to build the North-South high-speed railway, allowing the group to focus its resources on other key infrastructure projects.

The tax authorities closed 2025 with record revenue collections and digital adoption while outlining key priorities for 2026, including expanding the tax base, preventing revenue losses, and improving taxpayer services.

DKSH Technology has signed an agreement to acquire Biomedic, expanding its scientific solutions business in Vietnam and strengthening its life sciences and healthcare presence.

Central Retail has fully divested from Nguyen Kim Electronics as it refocuses on its core food and property businesses in Vietnam.