Your weekly business update on Vietnam.
Sharp, crisp, well-crafted - like your favorite bánh mì sandwich.
Good afternoon and welcome to Bánh Mì Brief!
Hope you are enjoying your Sunday!
Vietnam’s market took a breather this week after the FTSE upgrade announcement, with the VN Index hanging in at around 1,700 points. Meanwhile, the government is cooking up something new: a National Venture Capital Fund backed by the state. The pot is not huge yet, but it is a tasty start for Vietnam’s next generation of founders.
Up north, China’s rare earth dominance is again on the world’s radar. But guess who is quietly becoming an interesting hedge? Yep, Vietnam might just be the next surprise.
And finally, Hanoi is tossing out fresh growth targets for 2026 and beyond. Double digits, of course. Because when has Vietnam ever aimed small?
Let’s dive right in.