The award highlighted ATAD’s ability to maintain international standards, operate a comprehensive quality management system, and implement ESG-aligned sustainable practices across its design-manufacturing-construction value chain.

For over more than two decades of development, ATAD has expanded its footprint to encompass 13 offices and delivered projects in over 60 countries, including airports, industrial facilities, and large-scale infrastructure.

This track record demonstrates the global competitiveness of a Vietnamese enterprise in a sector requiring high levels of technical precision, safety compliance, and international certification.

ATAD Steel Structure Corporation honoured at Manufacturing Asia Awards
Nguyen Le Anh Tuan, CEO of ATAD Steel Structure Corporation, represented the company on stage to receive the award

Speaking at the awards ceremony, Nguyen Le Anh Tuan, CEO of ATAD, noted, “This award is an acknowledgment of ATAD’s credibility and capabilities in the international market. It marks more than 20 years of continuous innovation, people development, and commitment to sustainable growth.

We will continue investing in technology, advancing green and modern manufacturing, and delivering world-class projects, affirming the emerging role of Vietnamese enterprises in the steel structure industry across Asia and globally.”

ATAD Steel Structure Corporation honoured at Manufacturing Asia Awards

ATAD currently operates steel structure manufacturing facilities with a combined annual capacity of 216,000 tonnes, offering end-to-end design and build services from engineering and fabrication to logistics, erection, and maintenance.

ATAD is also the only company in the steel structure industry to be honoured with both the Vietnam National Brand (Vietnam Value) and the Vietnam National Quality Awards.

The company serves major global clients such as Samsung, Heineken, Hyundai, Toyota, P&G, Sanofi, ACV, VinFast, and Hoa Phat.

In line with its environmental, social, and governance (ESG) strategy, ATAD adopts a zero accident safety policy, applies LEED standards in production to reduce carbon emissions, and maintains long-term corporate social responsibility programmes in education, healthcare, and community support.

The company also operates Vietnam’s first LEED Gold-certified steel structure factory, backed by international certifications including ISO 9001, ISO 14001, ISO 45001, IAS AC472, CE Marking, AISC, ASME, CWB, and UKCA, meeting the stringent requirements of demanding markets such as the US, EU, the UK, Australia, and Japan.

ATAD’s technical capability has been demonstrated in major infrastructure developments, most notably Long Thanh International Airport, where the company fabricated and installed more than 45,000 tonnes of steel structures and executed a 5,300-tonne roof lifting operation.

ATAD has also contributed to key international projects including Metro Line 1 in Ho Chi Minh City, MRT-7 in the Philippines, the Jackson Generation Power Plant (US), Kampala Flyover (Uganda), Matarbari Power Plant (Bangladesh), H2 Green Steel (Sweden), and various airport developments across Vietnam and Southeast Asia.

The Manufacturing Asia Awards is a recognised regional programme honouring companies that demonstrate leadership in innovation, operational excellence, and sustainable industrial development.

ATAD’s achievements reflect the growing presence and capability of Vietnamese manufacturers in the global steel structure industry.

Kanematsu Corporation officially becomes strategic shareholder of ATAD Kanematsu Corporation officially becomes strategic shareholder of ATAD

ATAD Steel Structure Corporation, a leading steel structure company in Vietnam, has announced that from April 2021, Japan’s Kanematsu Corporation has completed transaction procedures and officially became the company’s strategic shareholder.

Successful lifting of Long Thanh International Airport central terminal steel roof structure Successful lifting of Long Thanh International Airport central terminal steel roof structure

As a member of the Vietur joint venture, ATAD Steel Structure Corporation and Swiss subcontractor VSL have lifted the central steel roof structure for Long Thanh International Airport.

Steel industry navigating global challenges Steel industry navigating global challenges

Vietnam’s steel industry is seeking opportunities to strengthen its manufacturing and exports while facing intense competition from low-cost imported steel and global trade protection measures.

The negotiations, held from November 12–14, were led by Minister of Industry and Trade Nguyen Hong Dien, head of the Vietnamese government’s negotiation team. The delegation included representatives from multiple ministries, including Public Security, Foreign Affairs, Finance, Home Affairs, Agriculture and Environment, Science and Technology, Justice, and the State Bank of Vietnam.

Vietnam and US make progress in fifth trade negotiation round
Photo: MoIT

Over the course of three intensive days, negotiators from the two countries made substantial progress across a wide spectrum of critical chapters, including services, digital trade, agriculture, technical barriers to trade, and sanitary and phytosanitary standards. Both sides also managed to narrow remaining gaps in other complex areas.

During the closing session, representatives of the Office of the US Trade Representative (USTR) and the Vietnamese negotiation team assessed the round as highly productive, laying a robust foundation for the early conclusion of the Reciprocal Trade Agreement.

The US commended Vietnam’s constructive attitude, strong commitment, and innovative negotiation approach, particularly the outcomes of the direct ministerial meeting between Minister Dien and US Trade Representative Jamieson Greer held immediately prior to the formal technical discussions.

In response to Vietnam’s key proposals, the US signalled initial positive feedback and noted that several issues could be addressed contingent on the overall negotiation balance.

Both sides agreed on follow-up actions and will convene additional virtual meetings in the coming days to continue addressing outstanding matters. They also agreed to prepare for an upcoming online ministerial-level discussion between USTR chief Greer and Minister Dien, scheduled to take place later this month.

Alongside the negotiation agenda, Minister Dien held a series of meetings with the US Deputy Secretary of State, several members of Congress, including the chair of the House Committee on Ways and Means, and senior executives of major technology and semiconductor corporations, as well as representatives of the US footwear and apparel associations. These engagements aimed to strengthen bilateral economic–investment cooperation, expand trade links, and rally support for the ongoing negotiation process of the reciprocal trade agreement.

US and Vietnam agree on framework to boost trade and market access US and Vietnam agree on framework to boost trade and market access

The United States and Vietnam have agreed on a framework for a new trade deal designed to boost bilateral commerce and market access.

Vietnam and US advance trade partnership in Washington talks Vietnam and US advance trade partnership in Washington talks

Vietnam and the United States held their eighth ministerial talks in Washington, D.C., aiming to strengthen a balanced and mutually beneficial trade relationship.

Vietnam-US trade discussions continue in Washington Vietnam-US trade discussions continue in Washington

Vietnam and the US have continued technical-level negotiations on their Fair and Balanced Reciprocal Trade Agreement, seeking progress towards a mutually beneficial outcome.

German Parliamentary State Secretary Stefan Rouenhoff visits Nui Phao tungsten mine

“I have been looking forward to seeing firsthand Nui Phao mine – one of the world’s largest tungsten deposits outside China,” Rouenhoff said during the November 18 visit.

He emphasised tungsten’s status as a critical strategic mineral for Germany, serving as a core input for the defence industry as well as multiple high-tech manufacturing sectors. He noted that one of the key priorities of his Vietnam mission was to explore opportunities to diversify supply sources and enhance supply chain security for strategic raw materials.

Prior to the visit, Rouenhoff and Vietnamese Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan co-chaired the third meeting of the Vietnam-Germany Joint Committee on Economic and Trade Cooperation. The session reviewed progress in bilateral collaboration, addressed existing challenges, and identified priority areas for the next phase, including energy transition, emissions reduction towards carbon neutrality, and energy security.

Welcoming the delegation, Ashley McAleese, CEO of Masan High-Tech Materials , said, “MHT owns the world’s largest primary tungsten deposit outside China, ranks among the top three global fluorspar producers, and is one of the few suppliers of primary bismuth worldwide.”

He further provided an overview of the company’s mining and advanced processing capabilities, its strategy to develop high-tech materials, and its plans to expand international cooperation. McAleese later accompanied the delegation on a tour of Nui Phao mine and MHT’s tungsten processing facilities.

German Parliamentary State Secretary Stefan Rouenhoff visits Nui Phao tungsten mine

The German delegation expressed strong appreciation for MHT’s modern, integrated mining and processing operations, from ore extraction to advanced tungsten refining, and for its predominantly Vietnamese team of highly skilled engineers and managers. The delegation also acknowledged MHT’s commitment to technological innovation and sustainable mining practices.

Germany is Vietnam’s second-largest European trading partner, with bilateral export volume approaching $8 billion and accounting for more than 17 per cent of Vietnam’s exports to the EU. The visit provided German officials and business representatives with deeper insight into MHT’s technological capabilities and its leading position in global high-tech tungsten processing.

Concluding the visit, State Secretary Rouenhoff reaffirmed Germany’s intention to deepen economic and industrial cooperation with Vietnam, particularly in energy and in fostering partnerships between businesses of both countries. He also emphasised the potential for strengthened collaboration with MHT in critical minerals and strategic materials – sectors in which the company plays an emerging role in Vietnam.

Masan High-Tech Materials to tap into global mineral recovery Masan High-Tech Materials to tap into global mineral recovery

Masan High-Tech Materials, a member company of Masan Group, is poised to seize new opportunities against the backdrop of positive signals in the global market.

MHT advances its 'Back to Basics' strategy MHT advances its ‘Back to Basics’ strategy

Masan High-Tech Materials (MHT) has reaffirmed its commitment to delivering value through the execution of its ‘Back-to-Basics’ strategy.

Masan High-Tech Materials to grab opportunities from rising tungsten prices Masan High-Tech Materials to grab opportunities from rising tungsten prices

Masan High-Tech Materials (MSR) stands to benefit from rising tungsten prices thanks to its “Back to Basics” strategy and its Nui Phao mine in the northern province of Thai Nguyen, one of the largest tungsten mines in the world outside of China.

MB economic forum offers strategies for resilient business growth

Military Commercial Joint Stock Bank (MB) held its 11th annual economic forum, ‘MB Economic Insights 2025’, on November 7 at the Meliá Hanoi Hotel. The event drew nearly 400 import-export businesses and both domestic and international economic experts, reinforcing MB’s role as a leading institution linking financial solutions with market insights for Vietnamese enterprises.

“In the context of continuing global and domestic economic fluctuations, Vietnamese import-export businesses need to maintain a mindset of proactive adaptation and flexible risk management to create momentum for a new phase of recovery and growth,” said Pham Nhu Anh, CEO of MB, in his opening speech. “The MB Economic Insights 2025 Forum aims to provide an overview of the global economy and share practical solutions to help businesses overcome challenges.”

Sacha Dray, economist at the World Bank Vietnam, presented an analysis of global and domestic economic cycles, highlighting forecasts for growth, inflation, and employment in major regions including the United States, Europe, and Southeast Asia for 2026. “Vietnam continues to maintain positive growth potential thanks to a stable macroeconomic foundation, but it is essential to further improve productivity and adaptability in the private sector,” he said.

Following Dray, Nguyen Xuan Thanh, lecturer at the Fulbright School of Public Policy and Management, provided an in-depth review of global monetary policy trends and international trade developments in 2025–2026. “Vietnam is at a point where it must capitalise on available policy space to stimulate growth while managing inflation and public debt risks,” he noted.

The core of MB Economic Insights 2025 consisted of two specialised discussion sessions, bringing together domestic and international experts, MB leaders, and the business community.

The first session, on the impact of trade tariffs and public investment, featured Trinh Thi Thu Hien, deputy director of the Department of Import-Export at the Ministry of Industry and Trade; Nguyen Tu Anh, research director at VinUni; Fulbright lecturer Nguyen Xuan Thanh; World Bank economist Sacha Dray; and MB executives. Experts examined potential tariff scenarios and their effects on key import-export sectors, explored the role of public investment as a growth driver, and proposed institutional reforms to strengthen the private sector.

The second session focused on monetary and foreign exchange markets, with participation from economists, scholars, and MB representatives. Discussions covered macroeconomic forecasts for 2026, GDP growth scenarios, consumer price index trends, and the impact of exchange rates, interest rates, and fiscal policies on production and trade. Speakers offered recommendations to help businesses manage exchange rate and interest rate risks and take advantage of financial support measures to ensure sustainable recovery.

MB economic forum offers strategies for resilient business growth

Representatives of MB’s leadership also shared their forecasts for the financial markets in 2026, focusing on exchange rates and interest rates, both domestically and internationally. MB has proactively optimised costs, maintained stable lending rates, and supported businesses in overcoming challenges through preferential credit packages, exchange rate risk management products, and consulting services to expand export-import markets.

MB focuses on forecasting industry trends, building appropriate policies, and developing its digital platform BIZ MBBank, which facilitates business transactions, financing, and online international payments. This strategy helps MB maintain stable credit growth, aiming for sustainable development and supporting businesses in seizing opportunities in 2026.

With its leading position in the foreign exchange market in Vietnam, MB was once again honoured by The Asian Banker as the “Best Foreign Exchange Bank in Vietnam” in 2024 and 2025. Through the BIZ MBBank platform, the bank is now serving over 350,000 businesses, offering a full range of international payment services, trade finance, foreign exchange trading, and exchange rate and interest rate risk management.

Business delegates also highly appreciated the practical value of the event. Dao Tien Thinh, director of European Wood Plastic Investment and Development JSC, said, “MB Economic Insights is where we can update market trends, understand risks, and build long-term development strategies. This year, the discussions on exchange rates and fiscal policies were particularly useful for the import-export industry.”

In the same vein, Phan Hong Hue, deputy CEO of Intimex Group, said, “The forecasts and recommendations from the forum have helped us plan our financial strategy and effectively use the derivative risk management tools provided by MB.”

After more than a decade, MB Economic Insights has established itself as a prominent annual forum for the Vietnamese import-export business community. The event provided in-depth analysis, updated economic forecasts, and practical recommendations to help businesses navigate market fluctuations and support sustainable growth.

MB Economic Insights 10th:  A decade of accompanying import-export businesses MB Economic Insights 10th: A decade of accompanying import-export businesses

The 10th annual ‘MB Economic Insights’ conference took place on October 25, in Ho Chi Minh City amid significant global economic and political upheavals.

Military Bank bolsters app security with facial recognition for safer transactions Military Bank bolsters app security with facial recognition for safer transactions

Fraud and asset misappropriation are becoming increasingly sophisticated, so Military Bank (MB) has upgraded its online transaction security with facial recognition authentication.

Dunamu and Military Bank to launch Vietnam’s first digital asset exchange Dunamu and Military Bank to launch Vietnam’s first digital asset exchange

Dunamu, operator of South Korea’s largest cryptocurrency exchange Upbit, is partnering with Military Bank to launch Vietnam’s first domestic digital asset exchange.

Feeding future: How C.P. Vietnam redefining food production from farm to table
Pawalit Ua-Amornwanit, CEO of C.P. Vietnam

As the 10,000th tonnes of processed chicken destined for Japan left the gates of the CPV Food Binh Phuoc complex, the surrounding area had already transformed. New residential clusters had emerged, and more companies were setting up operations nearby.

Few could have imagined that this land, once quiet and lined with rubber plantations, would change so dramatically in just a few years.

When asked whether the presence of the $250 million CPV Food Binh Phuoc complex had contributed to that transformation, Pawalit Ua- Amornwanit, CEO of C.P. Vietnam, smiled and replied in Vietnamese, “We would not dare to say we are the only one making a major contribution to the local economy. Still, I believe it is fair to say that we were among the pioneers in this area.”

The three inseparable “Fs” in the Feed – Farm – Food model

What makes you consider CPV Food Binh Phuoc a pioneer?

The CPV Food Binh Phuoc complex began construction at the end of 2018. At that time, the area was mostly still an underdeveloped production ecosystem.

Together with other major enterprises, when a market leader like C.P. Vietnam decided to invest here, it gave confidence to other companies to follow and set up their own factories and businesses. That, in turn, created new jobs for local workers.

CPV Food Binh Phuoc has also just reached a new milestone, exporting 10,000 tonnes of processed chicken to Japan in less than three years since receiving its export licence. I would say that this, too, with support from the government, is another example of pioneering spirit.

Before 2022, Vietnam and Japan had not yet established an official cooperation framework for the export of processed poultry.

To enable CPV Food Binh Phuoc to export to the Japanese market, we owe sincere appreciation to the efforts that promoted trade cooperation between the governments of Vietnam and Japan. This was an important breakthrough that opened the way forward.

Following that, the determination and effort of CPV Food Binh Phuoc were the decisive factors in gaining access to the market.

Japan is known for its exceptionally strict quality standards. Therefore, the acceptance of our processed poultry products produced under the Feed – Farm – Food model is a remarkable achievement.

CPV Food Binh Phuoc is the first integrated facility in Vietnam to accomplish this milestone.

Feeding future: How C.P. Vietnam redefining food production from farm to table
The CPV Food Binh Phuoc complex is one of the most advanced poultry production facilities in Southeast Asia

The Feed – Farm – Food model that you mentioned, which brings food from farm to table, is not new and has been adopted by many enterprises. What makes CPV Food Binh Phuoc’s model distinctive?

At CPV Food Binh Phuoc, we operate a fully integrated management system that covers every stage from feed production and farming to food processing.

The process begins with strict quality control of raw materials used for feed production.

Each batch of feed is tested for residues, pathogens, and nutritional content before being distributed to farms. This ensures that the animals receive safe and high-quality nutrition from the very beginning of the production cycle.

Next comes the farm management system, which uses enclosed housing to minimise the risk of disease and contamination. Inside the barns, temperature, humidity, and ventilation are closely monitored, and farm staff follow rigorous hygiene protocols.

Each bird is health-checked, vaccinated, and recorded in a digital traceability system that connects to a central database for real-time monitoring and control.

Finally, in the slaughtering and processing stages, the CPV Food Binh Phuoc complex uses a combined water and air chilling system together with an automated cutting system to maintain precise temperature control and reduce the risk of contamination.

In summary, every step from farm to table is carefully monitored. The digital traceability system meets inspection requirements from both Vietnamese authorities and international customers, supporting transparency and accountability throughout the supply chain.

Thanks to this comprehensive system, the CPV Food Binh Phuoc complex has been certified with international standards such as HACCP, BRC, ISO 22000, and Halal, and has earned recognition from major trading partners in Japan, Singapore and, Hong Kong.

Leading global brands and local retail networks also place their trust in the company’s food safety management system.

The vision ahead for the complex

What lessons has CPV Food Binh Phuoc learned from exporting 10,000 tons of processed poultry to a demanding market like Japan?

Exporting to Japan has given us valuable experience in complying with food safety systems, traceability requirements, and international standards.

To meet these expectations, we continue to invest in operational processes, upgrade factory technology, and train our workforce.

Our production system is firm in quality and also flexible enough to meet the specific requirements of each market.

For example, within the complex, the hanging of chickens can be performed by machine. However, due to animal welfare requirements in the European Union, this stage must be done manually. Each bird is gently handled by a person before moving to the next steps, and CPV Food Binh Phuoc is fully capable of meeting this requirement.

We can say that successfully entering the Japanese market proves that “Made in Vietnam” processed poultry products have reached international standards. This is the foundation for us to expand into other high-potential markets.

The company has already obtained an export licence for Singapore, and our next goal is to bring our products to the European market, including the United Kingdom.

Feeding future: How C.P. Vietnam redefining food production from farm to table
CPV Food Binh Phuoc’s impressive export milestone to Japan lays the foundation for expansion into other markets

So, is it fair to say that CPV Food Binh Phuoc’s ambition is to become a production complex that supplies food to the global market?

That is correct. With a total investment of $250 million, the CPV Food Binh Phuoc complex has a clear strategy to make Vietnamese processed chicken competitive and successful on a global scale.

In addition to the Feed – Farm – Food model I mentioned earlier, sustainability and environmental responsibility are essential for entering developed markets.

Therefore, the complex invests in recycling by-products such as meat trimmings, feathers, and bones into raw materials for animal feed production. Its wastewater treatment system meets high environmental standards, allowing water to be safely reused in production.

Through the application of circular economy principles and green technologies, CPV Food Binh Phuoc aims to reuse up to 80 per cent of raw materials in pursuit of a zero-waste model.

The complex also applies automation across its fully integrated production process and operates in accordance with globally recognised certifications.

C.P. Group’s motto is to become the “Kitchen of the World”. With early investment and careful preparation, CPV Food Binh Phuoc is steadily turning that vision into reality.

C.P. Vietnam joins Foodbank Vietnam on Food for Change campaign C.P. Vietnam joins Foodbank Vietnam on Food for Change campaign

C.P. Vietnam is continuing its partnership with Foodbank Vietnam by participating in the “Food for Change 2025” campaign and announcing a food waste recycling initiative – Green Hero.

Food Hero Scholarship launched to promote sustainable food development Food Hero Scholarship launched to promote sustainable food development

The Vietnam Foodbank Network and C.P. Vietnam are joining forces to empower young people to drive a more sustainable, waste-free food future in Vietnam.

C.P. Vietnam launches campaign to support flood-hit communities C.P. Vietnam launches campaign to support flood-hit communities

C.P. Vietnam Corporation has kicked off a nationwide flood assistance initiative to help communities rebuild their lives and restore livelihoods after recent natural disasters.

Be Group reports company-wide profitability in 2025

Be posted a positive full-company earnings before interest, taxes, depreciation, and amortisation (EBITDA) report on November 11.

Following the announcement, Be has launched a new support package for its driver-partners, with a special focus on students. The programmes include the BE SCHOLAR 2025 scholarship, first-month bonuses, and a 24/7 comprehensive accident insurance plan, aiming to create favourable conditions for students to pursue their education while working.

A representative from Be shared, “Achieving profitability is the moment we accelerate our investment back into our partners, especially students, who represent a young, disciplined cohort possessing a strong professional ethos and service-oriented mindset. When drivers are empowered and motivated, service quality naturally rises.”

Additionally, Be is continuing to invest heavily in its two-wheeler ecosystem, including ride-hailing, on-demand delivery, and food delivery services.

According to Cimigo’s May 2025 report on super-app usage in Vietnam, three of the eight most-used services nationwide come from the two-wheeler segment, where Be currently leads the domestic market with steady growth since reaching positive gross profit in August 2022.

The representative stated, “The two-wheeler market still has significant room for expansion, especially in Hanoi, Ho Chi Minh City, and suburban areas. This is the opportune moment for new drivers to join Be and benefit from the new support policies.”

Another report by research firm Rakuten Insight indicates that Be is effectively serving the price-sensitive consumer segment. Specifically, 24 per cent of respondents chose the app for its competitive pricing, while 23 per cent were drawn by its promotional offers. This suggests that while Grab and Xanh SM compete on service quality and availability, Be maintains its competitiveness through a flexible pricing strategy.

While Be accelerates its operations, other rivals are also stepping up their game. Grab, Xanh SM, and other players have continuously injected capital into new services, expanded utilities, optimised user experience, and retained drivers. The competition extends beyond pricing and promotions to the speed of product innovation and platform coverage.

Most recently, Grab Vietnam has announced the expansion of its coverage to nine northern localities. The company aims to expand the reach of its GrabBike and GrabFood services deep into midland and mountainous areas, with a commitment to bringing the digital economy to every village.

New names push ride-hailing offerings New names push ride-hailing offerings

The ride-hailing sector is witnessing stronger competition, with players new and old offering improved services.

Ho Chi Minh City accelerates shift to electric bikes for delivery drivers Ho Chi Minh City accelerates shift to electric bikes for delivery drivers

Ho Chi Minh City is preparing a two-phase roadmap to transition around 400,000 petrol-powered motorbikes used by ride-hailing and delivery drivers to electric models by 2029, marking a major step towards green urban transport.

Ride-hailing platforms shift gears in green mobility race Ride-hailing platforms shift gears in green mobility race

Tightening emission rules and the urgent push for greener urban mobility are forcing Vietnam’s ride-hailing firms into a decisive shift, where delay could mean lost relevance.

From November 12–14 in Washington, D.C., Vietnam and the US held technical-level negotiations on the Fair and Balanced Reciprocal Trade Agreement, led by Minister of Industry and Trade Nguyen Hong Dien, head of the Vietnamese delegation, and US Trade Representative Jamieson Greer. The sessions focused on advancing discussions and exploring solutions to strengthen the bilateral trade framework.

The negotiations formally began on November 12 with a working session between Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan, deputy head of the Vietnamese delegation, and Deputy US Trade Representative Rick Switzer at the Office of the US Trade Representative, marking the official launch of the technical talks.

Vietnam-US trade discussions continue in Washington
Deputy US Trade Representative Rick Switzer and Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan. Photo: MoIT

The working session was held in an open and constructive atmosphere, focusing on bilateral economic and trade relations and following up on outcomes from the eighth ministerial-level negotiations on November 10 between Minister Nguyen Hong Dien and US Trade Representative Jamieson Greer. Deputy Minister Nguyen Sinh Nhat Tan discussed key issues from the ministerial talks and agreed on specific topics for the technical negotiating teams to address, ensuring progress towards the most effective results.

Deputy US Trade Representative Rick Switzer acknowledged the positive progress Vietnam has made in trade policy, institutional reforms, and international integration commitments, as well as the results of recent negotiating rounds, while affirming that close cooperation between the two sides will facilitate the negotiation process.

The two sides agreed to continue close coordination and enhance exchanges among the technical groups to advance negotiations on the Fair and Balanced Reciprocal Trade Agreement, in line with the guidance of senior leaders and ministers of both countries, with a view to soon completing a new bilateral trade cooperation framework that contributes to deepening the Comprehensive Strategic Partnership between Vietnam and the US.

Immediately following the working session, the negotiating delegations of both countries promptly began work in their respective groups to negotiate the agreed-upon agenda items.

Later that afternoon, Minister Dien held a working session with Rock Bordelon, chairman, along with leaders Charles Paddock and Rodrigo Garza Perez of Gulf of America Energy Sourcing LLC (GAES), a US energy corporation headquartered in Louisiana.

Vietnam-US trade discussions continue in Washington
Minister Dien and leaders of the GAES energy group. Photo: MoIT

Minister Dien also held a meeting with Joseph Damond, global chair of International Trade Policy and Science at Crowell Global Advisors. Damond previously served as Deputy US Trade Representative (1989-2001) and head of the Negotiating Delegation for the Vietnam – US Bilateral Trade Agreement (1995-2000).

The minister acknowledged and greatly appreciated GAES’s proposals, affirming that Vietnam encourages participation in the development of liquefied natural gas infrastructure and energy markets in Vietnam.

Vietnam and US advance trade partnership in Washington talks Vietnam and US advance trade partnership in Washington talks

Vietnam and the United States held their eighth ministerial talks in Washington, D.C., aiming to strengthen a balanced and mutually beneficial trade relationship.

US and Vietnam agree on framework to boost trade and market access US and Vietnam agree on framework to boost trade and market access

The United States and Vietnam have agreed on a framework for a new trade deal designed to boost bilateral commerce and market access.

Vietnam Future Economy Summit to outline strategies for sustainable growth Vietnam Future Economy Summit to outline strategies for sustainable growth

A conference is on the horizon to explore strategies for Vietnam to sustain high growth and achieve sustainable development amid global uncertainties.

Masan Consumer eyes growth rebound and market listing by 2026

Since October, CHIN-SU and Nam Ngu products have been available at global retail giants Costco in the US and South Korea, and Woolworths in Australia. The move reflects Vietnam’s growing presence in the fast-moving consumer goods (FMCG) sector and the rising competitiveness of locally developed brands on the global stage.

Masan Consumer, a member of Masan Group, is among Vietnam’s leading FMCG companies. It operates a closed-loop production chain – from raw materials to finished products – that adheres to international standards for quality management and food safety. Central to its innovation capacity is the Consumer Innovation Centre (CIC), which focuses on research and development (R&D) driven by a deep understanding of consumer preferences and shopping behaviour.

MCH’s strategy is built on three pillars: premiumisation, out-of-home consumption, and R&D. Each year, CIC develops over 100 new initiatives, many of which have shaped modern consumer trends, such as Omachi Self-Heating Hotpot, Nam Ngu Ly Son chilli garlic fish sauce, and Wake-Up 247 energy drinks.

By combining strong R&D capabilities with advanced technology, MCH has shortened its product development cycle to under 12 months – about twice as fast as the FMCG industry average. Between 2018 and 2024, nearly 20 per cent of its revenue came from new products, highlighting the strength of its innovation-driven growth strategy.

Expanding into international retail chains further demonstrates MCH’s ability to compete globally, showcasing the growing capacity of Vietnam’s consumer goods sector in quality management, logistics, and compliance with global standards. This milestone also strengthens the position of Vietnamese products within the regional consumer value chain.

Masan Consumer eyes growth rebound and market listing by 2026

After restructuring its distribution network, MCH expects to return to positive growth in Q4, setting a strong foundation for recovery in 2026. The company’s new direct coverage initiative aims to optimise inventory and logistics to ensure products reach points of sale closest to consumers.

“Q3 revenue fell 5.9 per cent on-year and earnings before interest, taxes, depreciation, and amortisation were down 7.1 per cent, mainly due to short-term impacts from our new direct coverage model,” said Huynh Viet Thang, CFO of Masan Consumer. “The initiative, now rolled out in 34 provinces, has already started showing positive results since October.”

Centred on people, technology, and connectivity, direct coverage has streamlined operations by restructuring the sales force by region, automating the ordering system, and connecting sales representatives directly with points of sale. As a result, direct coverage has increased by 40 per cent to 345,000 points of sale, while the share of wholesale channels fell from 60 to 30 per cent. Labour productivity rose by 50 per cent, with costs remaining stable.

“Restructuring the distribution system is the right step for medium- and long-term growth,” said Danny Le, CEO of Masan Group. “We are moving towards modernising the entire consumer value chain in Vietnam.”

MCH is expected to return to growth in Q4. The company is also preparing for an initial public offering with advisory from international investment banks.

“The company is likely to list on the Ho Chi Minh City Stock Exchange by late 2025 or early 2026, supported by its solid financials and positive market sentiment,” a representative of Masan Group’s board of directors said. “A successful listing would pave the way for inclusion in the VN30-Index, broadening our investor base and reinforcing our position as a leading consumer goods company.”

Masan Group recorded its strongest quarterly profit since early 2022, supported by improved performance across WinCommerce, Masan MEATLife, and Masan High-Tech Materials. Building on this momentum, MCH is expected to enter a new growth phase from late 2025 to 2026 as it completes restructuring and advances plans for a public listing.

Focusing on distribution optimisation, R&D, and international expansion, MCH aims to strengthen its competitiveness in the evolving consumer goods market, positioning itself as a top Vietnamese brand built on quality, innovation, and operational efficiency.

Masan Consumer eyes growth rebound and market listing by 2026
The only consumer company named in top 10 listed firms by market cap The only consumer company named in top 10 listed firms by market cap

Masan Consumer, the consumer goods arm of Masan Group, has seen its stock price soar more than 240 per centin the year to date.

Masan Consumer Holdings honoured with consecutive Masan Consumer Holdings honoured with consecutive “Great Place To Work” certifications

Masan Consumer Holdings received the prestigious “Great Place to Work” certification from Great Place to Work for the second year in a row in November.

Masan Consumer’s S&P Global ESG Score outperforms over 85 per cent of global peers Masan Consumer’s S&P Global ESG Score outperforms over 85 per cent of global peers

Masan Consumer has announced that the company has achieved a 48 S&P Global ESG score from S&P Global, the world’s leading provider of credit ratings.

Key highlights over its decade-long development journey include growing its fund size from $17.6 million at inception to $80 million by 2022; average gross return reaching 10.73 per cent; and paying out $45 million in annual cash dividends to investors, maintaining an average dividend yield of 9.5 per cent per year.

PVI Opportunity Fund marks decade of creating value
The PVI AM team

This is a distinctive advantage for insurance companies, offering attractive financial returns and steady annual cash flow that helps meet claim obligations and strengthens the risk buffer of insurers.

The fund has invested in over 30 strategic transactions, channelling long-term capital from insurance institutions to businesses in need of growth funding, propelling the country’s economic development.

Nguyen Tuan Tu, CEO of PVI Holdings and a representative of POF’s investors, noted that the results affirm PVI AM’s professional investment management capabilities, disciplined risk governance, and adaptive resilience across market cycles. They also demonstrate the effective coordination and trust of investors.

“The success of POF underscores the pivotal role of insurance institutions in providing long-term capital to support enterprise growth, contributing to Vietnam’s sustainable economic development and creating positive value for the community,” he said.

There are multiple factors instrumental to POF’s success. According to POF’s leadership, these factors include investment discipline across market cycles and strict risk management, minimising adverse market impacts, and a professional and ethical investment team with deep expertise in credit assessment, asset valuation, and legal analysis, experienced in identifying and mitigating risks.

This is also a value-based investment philosophy, focusing on business fundamentals and flexible asset allocation strategies tailored to each cycle, optimising returns while preserving capital.

The achievements to date have reinforced PVI AM’s position as a leading asset management company in the fixed-income segment, efficiently meeting the rigorous standards required by institutional insurance investors.

In 2026, PVI AM will build on this advantage by launching a member fund focused on the private debt capital market serving financial and insurance institutions, as well as introducing a public open-ended bond fund for retail investors, aiming to become the top-tier choice in Vietnam’s fixed-income investment market.

Duong Thanh Danh Francois, vice chairman of PVI AM’s board of directors and a representative of strategic shareholder HDI Global, stated, “We believe that with its professional team and technical support from HDI Global and Ampega, PVI AM has established itself as one of Vietnam’s leading asset management companies, meeting international standards in governance, operations, and investment product development.

HDI and Ampega are committed to continuing our partnership with PVI AM, not only through capital but also through knowledge transfer, technology, and international best practices, to together write the next chapters in PVI AM’s journey and Vietnam’s financial market development.”

Established in October 2015 with the mission of channelling capital for the economy, POF, entirely funded by institutional investors in the insurance and financial sectors, has served as an effective capital bridge for Vietnamese enterprises while delivering sustainable benefits to investors.

The fund focuses on fixed-income assets (including bank bonds, guaranteed corporate bonds, valuable papers, and defensive equities), ensuring capital safety, stable cash flows, and long-term returns.

HDI Global SE, a member of Talanx Group (Germany), operates in over 175 countries and ranks among the top three insurers in Germany. HDI is the strategic shareholder in PVI Holdings.

Ampega, also part of Talanx Group, is an asset management company with assets under management of over €180 billion ($209.2 billion) as of 2025.

PVI AM and SonKim Capital partner to develop luxury real estate investment PVI AM and SonKim Capital partner to develop luxury real estate investment

On March 19, PVI Asset Management Joint Stock Company (PVI AM) and SonKim Capital (SK Capital), a business unit of SonKim Group, officially announced a strategic partnership to develop a range of real estate investment products exclusively for institutional investors and high-net-worth individuals (HNWIs).

PVI Opportunity Fund becomes OPC’s large shareholder PVI Opportunity Fund becomes OPC’s large shareholder

PVI Opportunity Fund has become a major shareholder of OPC Pharmaceutical JSC (HSX: OPC) after purchasing 6.6 million shares.

Vietnam's insurance sector reaches turning point for global integration Vietnam’s insurance sector reaches turning point for global integration

PVI Insurance, a top non-life insurer in Vietnam, is at the forefront of adopting international reporting standards, solidifying its position in Vietnam’s insurance market.

two-local-billionaires-lose-out-on-first-day-of-2020-2
Vingroup Chairman Pham Nhat Vuong

The information was disclosed in VinSpace JSC’s business registration filing. According to the document, VinSpace was founded on November 3, with a charter capital of VND300 billion ($12 million). The company operates in six business areas, most notably aircraft manufacturing, spacecraft and satellite production, and air cargo transportation.

Pham Nhat Vuong, chairman of Vingroup, holds 71 ​​per cent of VinSpace’s capital. Vingroup is the second-largest shareholder, owning 19 per cent of the company. The remaining shares belong to Pham Nhat Quan Anh and Pham Nhat Minh Hoang, two sons of billionaire Vuong.

In addition to investing in VinSpace, Quan Anh and Minh Hoang also hold shares in several companies within the Vingroup ecosystem, such as VinEnergo, VinSpeed, and VinRobotics. The total value of their holdings could reach hundreds of millions of dollars.

Before entering the aerospace sector, Vingroup had previously ventured into aviation with the VinPearl Air project in 2019, but withdrew from the field in 2020.

In October, Pham Nhat Vuong and his family established several other companies in various industries, including VinMetal (steel), Vin New Horizon (elderly care), and V-Film (entertainment). Among these, steel and entertainment are new sectors for Vingroup’s investments.

At Vingroup’s AGM in April, shareholders asked Vuong which industries he and the group would expand into next, besides their core businesses. Vuong replied, “Vingroup will invest in whatever sectors are promising, and I’ll take on the tough ones.”

Vingroup to build $850m EV-support industrial hub in Ha Tinh Vingroup to build $850m EV-support industrial hub in Ha Tinh

Vinhomes Ha Tinh Industrial Park Investment JSC, part of Vingroup, will develop factories for lease for the electric vehicle supply chain in Vung Ang Economic Zone.

Vingroup seeks approval for Can Gio–Vung Tau sea-crossing bridge Vingroup seeks approval for Can Gio–Vung Tau sea-crossing bridge

Vingroup has proposed a study for a bridge linking Can Gio and Vung Tau, citing the need for direct coastal connectivity after the Ba Ria–Vung Tau merger.

Vingroup sets up $380 million steel company Vingroup sets up $380 million steel company

Vingroup announced the establishment of VinMetal JSC for Manufacturing and Trading on October 6, entering the metallurgy industry and expanding its existing industrial and technology pillar.

Vincom Retail transfers ownership of Vincom Center Nguyen Chi Thanh Vincom Retail transfers ownership of Vincom Center Nguyen Chi Thanh

Vincom Retail JSC has announced the transfer of its entire capital contribution in Vincom NCT Real Estate Co., Ltd., the owner of Vincom Center Nguyen Chi Thanh, to Bao Quan Investment, Trading, and Services Co., Ltd.