Industry and Trade News Summary, May 19, 2026

Economic sector

The online newspaper Vietnam Financial Times published the following information: Vietnam officially activates the international carbon credit market.

On May 19, 2026, Decree 112/2026/ND-CP on the international exchange of greenhouse gas emission reduction results and carbon credits officially came into effect, marking an important step in the process of forming a carbon market in Vietnam.

Decree 112/2026/ND-CP is considered a crucial "piece" in the process of perfecting the legal framework for Vietnam's carbon market. For the first time, the mechanism for international exchange of greenhouse gas emission reduction results and carbon credits is relatively fully regulated, creating a foundation for Vietnam to connect with the global carbon market.

According to the Ministry of Agriculture and Environment , the decree was drafted to internalize Article 6 of the Paris Agreement on climate change, while ensuring national interests in the process of fulfilling the Net Zero commitment by 2050.

One of the notable points is the clear regulation of the principle of corresponding adjustments to avoid double counting of emissions; the mechanism for managing greenhouse gas emission quotas; carbon credit management; and the international transfer of emission reduction results.

News report: Hanoi : Construction begins on Phu Ha Industrial Park worth over 2.9 trillion VND.

On May 19th, the Hanoi People's Committee held a groundbreaking ceremony for the Phu Ha Industrial Park in Thuong Phuc and Chuong Duong communes. This is considered a concrete step in the restructuring of the capital's industrial development space towards a modern, green, and sustainable direction. The Phu Ha Industrial Park covers approximately 174.88 hectares, with a total investment of over 2,900 billion VND, and is invested by Hoa Phu Invest Co., Ltd. – a member of Phu My Group. The project is being implemented in the southern gateway area of the capital, directly connected to National Highway 1A, the Phap Van - Cau Gie Expressway, and the inter-regional transportation system.

According to the plan, the project will be implemented in the two communes of Thuong Phuc and Chuong Duong, possessing a strategic location at the southern gateway of the capital, directly adjacent to National Highway 1A, providing quick access to the Phap Van - Cau Gie expressway, the Ngoc Hoi - Phu Xuyen southern railway line, and also anticipating the advantages of the future North-South high-speed railway line.

Phu Ha Industrial Park is equipped with a comprehensive technical infrastructure system built to international standards, including internal transportation, electricity supply, water supply, wastewater treatment, telecommunications, and supporting services such as banking, fire prevention and fighting, and 24/7 security to ensure a safe and efficient production environment for businesses.

Energy sector

The Construction Newspaper published an article titled: Closely monitor gas stations, absolutely no delay in the transition to E10 gasoline from June 1st.

The Department of Domestic Market Management and Development, Ministry of Industry and Trade, has issued a document to the Departments of Industry and Trade of provinces and cities regarding the monitoring and inspection of the implementation of E10 bioethanol fuel. Accordingly, from now until May 31st, localities are required to intensify propaganda and raise awareness among petroleum businesses regarding compliance with the transition to E10 fuel. Simultaneously, they are to strengthen the dissemination of information about the safety and benefits of E10 bioethanol fuel to gain consumer consensus.

The Departments of Industry and Trade are also required to remind and closely monitor gasoline retail outlets to promptly complete the technical infrastructure, tanks, and pumps to switch to selling E10 bioethanol fuel according to the planned schedule.

In particular, gasoline retailers must strictly implement the transition to selling E10 fuel from June 1, 2026, to avoid any delays or disruptions in supply.

From June 1st, 2026, market management forces will coordinate with relevant agencies to strengthen inspections of gasoline and diesel fuel businesses in the area; resolutely handling violations such as trading in the wrong types of fuel according to the schedule, hoarding causing supply shortages, arbitrarily stopping sales without justifiable reasons, speculating on unreasonable price increases, and other legal violations.

Notably, the Department of Domestic Market Management and Development requires market management forces at all levels and officials in charge of the area to be held responsible if retail gasoline stations fail to comply with the conversion roadmap; if serious violations or prolonged, complex developments occur, causing instability in the gasoline market in the area without timely detection and handling.

The website congdankhuyenhoc.vn reported: Thousands of gas stations have switched to selling E10 gasoline.

One of the leading businesses in the transition to E10 gasoline is Vietnam Oil Corporation (PV Oil). This company has implemented the sale of E10 gasoline at 1,000 gas stations nationwide, marking a major step in the development of biofuels and the green energy transition in Vietnam.

Meanwhile, at the Vietnam National Petroleum Group (Petrolimex), a representative stated that, in order to implement the E10 gasoline sales roadmap as regulated, the company has developed a nationwide E10 gasoline business plan for April and is ready to accelerate the complete replacement of conventional gasoline ahead of schedule if conditions permit.

Expanding the use of E10 gasoline is an inevitable trend aimed at reducing greenhouse gas emissions, limiting environmental pollution, and reducing dependence on fossil fuels.

In the coming period, the Vietnamese petroleum market is expected to gradually shift towards biofuels and clean fuels in line with the national sustainable development strategy.

Import and export sector

The Quang Tri Party newspaper published an article titled: Removing 'bottlenecks' to boost import and export activities.

On the morning of May 19th, Comrade Nguyen Van Phuong, Member of the Central Committee of the Party and Secretary of the Quang Tri Provincial Party Committee, chaired a working session with the Provincial People's Committee and relevant departments and agencies on promoting import and export activities in the province.

Concluding the meeting, Comrade Nguyen Van Phuong, Secretary of the Provincial Party Committee, emphasized: Quang Tri has a particularly important position on the East-West Economic Corridor, serving as a trade link between Vietnam and countries in the region. Therefore, import and export activities not only contribute to increasing budget revenue and promoting production and business, but also open up new development opportunities for logistics, services, industry, and border trade.

In the current context, the province needs to improve customs clearance capacity, reform administrative procedures, and create a favorable environment for businesses by ensuring the rapid and smooth operation of border gates, minimizing waiting times and costs for businesses. This should be considered a top priority.

At the same time, it is necessary to effectively utilize the infrastructure of border gates, seaports, and connecting transportation; strengthen trade promotion, attract logistics businesses, and expand import and export markets, gradually transforming Quang Tri into an important goods transshipment center in the Central region.

According to the website nld.com.vn: The US predicts Vietnam will import more rice than China, continuing to rank second in the world.

The U.S. Department of Agriculture (USDA) has just released its global rice trade report with several noteworthy forecasts. According to the USDA, this year Vietnam continues to surpass Thailand (7 million tons) to maintain its position as the world's second-largest rice exporter with a production of approximately 7.9 million tons. However, Vietnam also ranks second in the world for rice imports with about 3.9 million tons, only behind the Philippines with 5.5 million tons.

Vietnam imports more rice than China (3.3 million tons), Nigeria (2.9 million tons), the European Union (2.3 million tons), and Iraq (2 million tons). The USDA even forecasts that by 2027, Vietnam's rice imports could increase to 4 million tons, while the Philippines' could reach 5.6 million tons. According to the USDA, this is due to tight domestic supply, leading to increased demand for rice imported from Cambodia for milling, processing, and re-export.

According to the Ministry of Agriculture and Environment, in the first four months of 2026, Vietnam's rice exports reached 3.3 million tons, earning $1.57 billion, a decrease of 2.3% in volume and 11.1% in value compared to the same period in 2025. The rice industry recorded a trade surplus of $957 million, meaning Vietnam spent approximately $613 million on rice imports during the same period.

Domestic market sector

Thanh Hoa Newspaper published the following article: The vitality of Vietnamese goods - viewed from the perspective of modern retail systems.

At Co.op Mart Thanh Hoa supermarket, thanks to its localization strategy and the "Proud of Vietnamese Goods" program, Vietnamese products now account for 95% of the total merchandise. The supermarket has proactively collaborated with reputable domestic manufacturers to develop products under its own distributor's brand. In addition to connecting with large suppliers, the supermarket also cooperates with small and medium-sized enterprises in the province to supply specialty products, enriching the product range and better meeting consumer needs.

Mr. Nguyen Ba Tan, Marketing Team Leader of Co.op Mart Thanh Hoa Supermarket, said: “Understanding customer psychology, we always focus on bringing branded Vietnamese products with clear origins so that people can shop with peace of mind. In recent years, we have also introduced OCOP products from Thanh Hoa into the supermarket, which have sold very well. The strategy for developing the Vietnamese goods market in Thanh Hoa is to achieve the goal of 100% of goods displayed on the shelves.”

At Winmart supermarket branches throughout the province, approximately 90% of the goods sold are of Vietnamese origin. A representative from the Thieu Hoa branch of Winmart Supermarket stated that, leveraging its strength in supplying a large portion of food products, the unit prioritizes partnerships with businesses and cooperatives within the province and nationwide that possess relevant certifications to provide customers with high-quality products. These products have a stable supply, reasonable costs, and better profit margins than imported goods. To date, customers visiting the supermarket consistently choose Vietnamese-branded products.

Tags: Industry and Trade sector, E10 gasoline, import and export, domestic market

Source: https://moit.gov.vn/tin-tuc/diem-bao-nganh-cong-thuong-ngay-19-5-2026.html