Friday, November 6, 2026 (GMT+7)
Economy
Building GAET into core defense industry corporation in military commerce

Building GAET into core defense industry corporation in military commerce

PANO – Deputy Defense Minister Senior Lieutenant General Pham Hoai Nam worked with the Defense Industry Technical-Economic Corporation (GAET) under the General Department of Defense Industry on November 3 to review its production and business performance and development strategy for the coming period.

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News
Five industrial exhibitions open in Ho Chi Minh City

Five international exhibitions focusing on key industrial sectors opened simultaneously in Ho Chi Minh City on November 4, bringing together more than 800 businesses from over 25 countries and territories.

Commercial banks cut listed deposit rates by 0.5 percentage points


Commercial banks in Viet Nam have cut listed deposit interest rates by 0.5 percentage points per year for tenors of six months or longer, marking an initial outcome of the State Bank of Viet Nam (SBV)’s efforts to lower market interest rates amid rising demand for capital to fuel economic growth.
Military businesses
Viet Nam unveils VGC v1.0 security chip

PANO - The Government Cipher Committee and the Military Industry and Telecoms Group (Viettel) unveiled the VGC v1.0 security chip and the first secure semiconductor platform whose design has been mastered by Viet Nam on November 3. General Phan Van Giang, Politburo member, Deputy Prime Minister and Minister of National Defense, attended the ceremony and delivered a speech.

Viettel kicks off Phase 2 of its high-tech defense industrial manufacturing facility


PANO - On October 30, the Military Industry-Telecoms Group (Viettel) held a ground-breaking ceremony for Phase 2 of its project to build a high-tech defense industrial manufacturing facility in Thai Nguyen province.
International Cooperation
Franconomics 2026 explores human-centered technological transformation

The Franconomics 2026 forum opened in Ha Noi on November 5, bringing together delegates, experts and researchers from 40 universities and research institutes across more than 10 countries and territories on five continents.

Viet Nam, AIIB promote cooperation in strategic infrastructure investment


Deputy Minister of Finance Tran Quoc Phuong met with Kim-See Lim, Chief Investment Officer of the Asian Infrastructure Investment Bank (AIIB), and Xiaolan Wang, AIIB Mekong Regional Director, in Ha Noi on November 4 to discuss bilateral cooperation and orientations for expanding ties in the coming period.
Special reports
Resolution opens new pathways for Vietnamese SMEs

As traditional advantages such as cheap labor lose their edge, Resolution No.57-NQ/TW of the Political Bureau is steering Viet Nam’s small- and medium-sized enterprises (SMEs) towards innovation to overcome the limitations of traditional competitive advantages and secure a place in global value chains.

Hanoi sees strong growth in nine-month FDI attraction


Hanoi recorded strong growth in foreign direct investment (FDI) attraction in the first nine months of 2026, with capital concentrated in high-tech and high-value-added industries, according to the municipal Department of Finance.

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