Business

Developing the space and low-altitude economies could provide Vietnam with an additional means of reaching its double-digit growth ambitions.

The US continues to be Vietnam's largest export market. During this seven-month period, the country exported 41,474 tons to the US, totaling $299.31 million, an increase of 26.6% in volume and 20.6% in value year-on-year.

Housing, electricity, water, fuel and construction materials recording the largest increase.

Total registered capital surged 36.2 percent to nearly VND1.7 quadrillion ($65.4 billion) in the first eight months of 2026, with the average capital per newly established enterprise rising 26.4 percent to VND12.4 billion ($475,137).

For the first eight months of 2026, the total import-export turnover reached $770.14 billion — the highest level ever recorded for this period — an increase of 28.7% year-on-year; exports rose 22.4%, while imports grew 35.3%.

According to the STATE 100 data, the total budget contribution from these top 100 SOEs, after excluding double-counted figures between parent companies and subsidiaries, accounts for approximately 16% of Vietnam’s total national budget revenue.