Indonesia aims to stop corn imports in 2026
Indonesian President Prabowo Subianto has said that Indonesia is targeting to stop importing corn from 2026 as it hopes to achieve self-sufficiency in corn production.
A farmer harvests corn in Boyolali, Central Java on October 27, 2024. Photo courtesy of Antara.
He made the statement at a simultaneous corn harvest and the launch of Indonesia’s first corn exports to Malaysia in West Kalimantan, based on a report from Agriculture Minister Andi Amran Sulaiman.
President Prabowo noted that in 2024, the country imported around 500,000 tons of corn. Meanwhile, total dry corn output from January to July 2025 is estimated at 9.45 million tons, an increase of 0.94 million tons, equivalent to 11.08% rise over the same period last year.
The President noted that national corn production climbed 48% in the first quarter of 2025, from 4 tons per hectare to between 6-8 tons per hectare.
The National Police of Indonesia is supporting the government on a large-scale corn cultivation project, the One Million Hectare Corn Planting Programme, to boost production.
According to the President, Indonesia may achieve corn self-sufficiency sooner than expected, potentially within one year, supported by the use of high-quality seed varieties and organic fertilisers.
He also emphasixed the importance of innovation in processing agricultural harvests and diversifying corn-based products to include corn chips and corn rice, which, he said, are healthier and have higher added value.
In addition, the President highlighted the need to ensure that the increase in production also translates into improved farmer welfare. He suggested support to farmers through the provision of machinery, technology, seeds, fertilisers and bio fertilisers
- Read More
Vietcombank aims to complete private placement in 2026
The chairman of Vietcombank said the state-controlled lender is working with potential investors and is in detailed negotiations, with a view to executing a private placement in 2026, subject to market conditions.
Banking - Sat, April 25, 2026 | 9:35 am GMT+7
PVOIL targets 30% profit hike, expands into aviation fuel and EV charging
PVOIL, a subsidiary of state-owned Petrovietnam, has set a target of stronger profit growth in 2026 as it diversifies beyond traditional fuel retail into aviation fuel and electric vehicle (EV) charging infrastructure.
Companies - Sat, April 25, 2026 | 8:17 am GMT+7
Foxconn accelerates investment in Vietnam, moves toward humanoid robot manufacturing
Taiwan’s Hon Hai Precision Industry (Foxconn), a major Apple supplier, is signaling a deeper expansion in Vietnam as it pushes beyond traditional electronics manufacturing into higher-value automation, including industrial humanoid robots.
Industries - Fri, April 24, 2026 | 6:44 pm GMT+7
Century Synthetic Fiber Corp. targets 38% profit growth, bets on recycled fiber
Century Synthetic Fiber Corporation (HoSE: STK) aims for a 37.7% increase in 2026 pre-tax profit to VND128.5 billion ($4.88 million), driven primarily by its recycled fiber segment and a newly operational plant invested by its subsidiary Unitex.
Companies - Fri, April 24, 2026 | 5:31 pm GMT+7
Vietnam developer TTC Land eyes steady cash flow with sister firm acquisition
Saigon Thuong Tin Real Estate JSC (TTC Land), a subsidiary of multi-sector conglomerate TTC Group, is moving to secure stable, recurring revenue through the acquisition of Thanh Thanh Nam (TTN), another TTC Group member.
Companies - Fri, April 24, 2026 | 3:31 pm GMT+7
Vietnam, S Korea ink 12 deals, nuclear energy tie-up takes center stage
Vietnam and South Korea have signed 12 cooperation agreements spanning security, technology, energy and culture, with nuclear power collaboration a key highlight.
Economy - Fri, April 24, 2026 | 3:01 pm GMT+7
Thai SCG to halt Vietnam petrochemical plant in mid-May over Middle East conflict
Thai conglomerate Siam Cement Group (SCG) will suspend the operations of its Long Son Petrochemicals Complex in southern Vietnam, starting mid-May, as the Middle East conflict weighs on supply chain.
Energy - Fri, April 24, 2026 | 12:02 pm GMT+7
Vietnam licenses 10th wholly foreign bank after 9-year hiatus
Vietnam has allowed Industrial Bank of Korea (IBK) to establish a wholly foreign-owned, locally incorporated bank - the first such a license in nine years.
Banking - Fri, April 24, 2026 | 9:38 am GMT+7
Vissan falls short of public company criteria over concentrated ownership
Vietnam's leading meat producer Vissan has acknowledged that it fails to meet the requirements to qualify as a public company, citing its current shareholder structure and the absence of a divestment roadmap from state authorities.
Companies - Fri, April 24, 2026 | 8:17 am GMT+7
China's Su Shang seeks infras investment opportunities in northern Vietnam industrial hub
Su Shang Construction Group, a major Chinese infrastructure developer, is exploring investment opportunities in Bac Ninh as the northern Vietnam province steps up efforts to expand its transport and urban infrastructure network.
Infrastructure - Thu, April 23, 2026 | 9:09 pm GMT+7
Vietnam's leading broker SSI posts Q1 profit of $61 mln, trims equity exposure
SSI Securities Corporation reported a Q1 pre-tax profit of over VND1.59 trillion ($60.5 million), as the brokerage scaled back equity investments and margin lending amid volatile markets and rising interest rates.
Companies - Thu, April 23, 2026 | 5:33 pm GMT+7
Vietnam’s housing market posts 2.5-fold rise in new supply, enters selective recovery in Q1
Vietnam’s real estate market showed signs of recovery in the first quarter of 2026, with supply rebounding strongly and demand remaining resilient, even as high prices and cautious sentiment continued to shape buyer behavior.
Real Estate - Thu, April 23, 2026 | 4:30 pm GMT+7
Danang city approves Thaco Group unit to study urban railway project under PPP model
Central Vietnam hub Danang has approved a unit of Truong Hai Group (Thaco) to study investment in a proposed urban railway project under a public-private partnership (PPP) model, the city government said.
Infrastructure - Thu, April 23, 2026 | 3:01 pm GMT+7
VPBank CEO defends higher bad debt as trade-off for growth
Vietnam’s private lender VPBank is willing to tolerate a higher bad debt ratio as a trade-off for growth, reflecting its distinct business model and focus on higher-yield segments, its CEO said.
Banking - Thu, April 23, 2026 | 2:13 pm GMT+7
Diversifying export markets ‘golden key’ for Vietnamese firms: CEO
Expanding into alternative export markets such as India and the Middle East could prove a “golden key” for Vietnamese businesses, as demand in these regions remains strong and entry requirements are less stringent than in the U.S., according to Nguyen Tuan Viet, CEO of Vietgo, an im-export consultancy company.
Economy - Thu, April 23, 2026 | 11:39 am GMT+7
Vietnam banks face tightening margins, liquidity pressures in 2026
Vietnam’s banking sector is entering a period of heightened selectivity in 2026, with capital strength and liquidity management emerging as decisive factors separating lenders able to expand from those forced to scale back operations.
Banking - Thu, April 23, 2026 | 8:17 am GMT+7


















