Business

An event held in HCM City on March 9 to connect Austrian startups with the southern city’s innovation ecosystem.

On the very first day, Vietnam drew significant attention from both Japanese and international businesses.

Discussions will focus on key sectors acting as "leverages" for Vietnam’s sustainable development, including: sustainable transport, energy transition, infrastructure connectivity, the green-digital twin transition, and ESG standards in investment and business operations.

The move is made amid escalating military tensions in the Middle East, which has affected global fuel supply chains.

As of the end of 2025, Ho Chi Minh City remained the leading locality in Vietnam for FDI attraction, with a cumulative total of approximately $142.2 billion, corresponding to over 20,470 active projects.

The preferential import tax for unleaded petrol is slashed from 10% to zero from March 9 to April 30.