Business News

Vietnam’s public investment disbursements had amounted to VND603.6 trillion in the year to December 18, equivalent to 66.1% of the plan assigned by the prime minister. According to the Ministry of Finance, actual disbursements by December 11 had totaled VND577.7 trillion, or 63.3% of the prime minister-approved plan of VND913.2 trillion, the Vietnam News Agency reported.

Vietnam’s total import-export turnover is expected to reach about US$920 billion by the end of the year, marking the first time the country’s trade value has exceeded the US$900-billion mark. As of December 15, Vietnam’s total trade turnover stood at US$883.7 billion, according to the Agency of Foreign Trade under the Ministry of Industry and Trade. 

According to VAMA, November sales rose 4% from October. Passenger car deliveries climbed 5% to 28,557 units, while commercial vehicle sales edged up 1% to 10,273 units. Sales of special-purpose vehicles slipped 3% to 488 units. Domestic vehicle production showed stronger month-on-month growth. Sales of locally assembled vehicles increased 7% to 18,370 units, compared with a 1% rise in completely built-up imports. 

According to the Department of Crop Production and Plant Protection under the Ministry of Agriculture and Environment, Vietnam’s passion fruit exports have expanded more than tenfold over the past decade, climbing from around US$20 million to US$222.5 million. By October this year, export turnover had already surpassed US$202 million, Vietnam News Agency reported.

HCMC has disbursed about 60% of its public investment plan assigned by the prime minister as of late November, reported the Vietnam News Agency. The city was tasked with disbursing more than VND120.3 trillion this year, including VND16.7 trillion from the central budget and nearly VND103.7 trillion from the local budget. It has allocated a total of VND153.6 trillion, 28% higher than the amount assigned.

Seafood export revenue in November alone amounted to nearly US$990 million, up 6.6% year-on-year. Key product groups posted solid gains. Shrimp exports rose 11.7% to over US$385 million, supported by strong demand for whiteleg shrimp and lobster. Tra fish shipments increased 9.7% to almost US$197 million, while marine fish, squid, and mollusk exports maintained their recovery.

HCMC’s economy is seen expanding 8.03% in 2025, outpacing national growth and reaffirming the city’s role as a key economic driver, according to Vo Van Minh, chairman of the HCMC People’s Council. Speaking at the opening session of the council’s sixth meeting on December 9, Minh said the city has completed its administrative merger and rolled out a two-tier local government model, supporting stronger socio-economic performance this year.

Budget revenue of HCMC is forecast to amount to VND748.44 trillion this year, driven by rising contributions from domestic enterprises and those in the non-state economic sector. According to a report recently sent by the municipal government to the HCMC People’s Council, the figure would reach 111.4% of the target assigned by the central Government and 107.3% of the target approved by the HCMC People’s Council.