Tuesday, October 13, 2026English edition
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The Geopolitician

Country risk, from the local press

Vietnam · Country watch

PM Overhauls Power Plan, Dollar Strengthens

Vietnam's power sector faces an overhaul to meet growth targets, while the dong weakens against the dollar, impacting financial conditions.

· · 7 sources

The picture Deteriorating

Business conditions in Vietnam are deteriorating due to regulatory changes in the power sector and a weakening dong, raising import costs and affecting growth.

In this briefing Le Minh Hung · Electricity Law · Vietnamese dong · U.S. dollar · Vietnam fisheries sector

Regulation

  • energy
  • public-sector

PM Le Minh Hung orders power plan overhaul

Prime Minister Le Minh Hung has ordered a comprehensive overhaul of Vietnam's power sector to ensure sufficient electricity supply for the country's ambitious double-digit growth targets. The directive aims to address delays and feasibility issues in ongoing power projects, according to VietnamPlus. The overhaul is part of broader socio-economic development goals for 2026, with significant progress expected by 2027. The government is also reviewing proposed changes to the Electricity Law to facilitate these objectives.

Impact Energy companies and public-sector planners must adapt to new regulations and project timelines to meet growth targets.

Watch NA Standing Committee reviews proposed changes to Electricity Law.

Sources: VietnamPlus ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

  • finance

Dollar strengthens against Vietnamese dong

The U.S. dollar strengthened against the Vietnamese dong on Monday, trading near an 18-month high against major global currencies, VnExpress International Business reports. The rising dollar value puts pressure on Vietnam's import costs and could affect inflation. The exchange rate movement reflects broader global currency trends as investors assess economic conditions in the U.S. and Vietnam.

Impact Importers face higher costs as the dong weakens, affecting pricing and profitability.

Sources: VnExpress International Business ↗

Trade

  • agriculture

Fisheries sector targets $12 billion in exports

Vietnam's fisheries sector is striving to achieve a $12 billion export target despite rising material and fuel costs, according to VietnamPlus. The sector has experienced solid output growth and favorable market conditions, but any slowdown in the fourth quarter may impact economic efficiency. The fisheries industry is a key component of Vietnam's agro-forestry-aquatic export strategy, which saw a 7% increase over eight months.

Impact Fisheries exporters aim to meet ambitious targets despite cost pressures, influencing trade dynamics.

Sources: VietnamPlus ↗

Politics

Nothing significant reported today.

Also today in Vietnam

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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