Business News

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. 

The 4th edition of Global Sourcing Fair Vietnam returns in 2026 with an impressive scale, featuring 700 booths showcasing Fashion & Accessories, Home & Gifts, and the newly introduced Printing & Packaging Products from 500+ verified suppliers across Vietnam and Asia – including Mainland China, Taiwan, Hong Kong SAR, South Korea, India, Bangladesh, ASEAN, and more. 

Speaking at the ceremony, Deputy Minister of Culture, Sports and Tourism Ho An Phong said international arrivals to Vietnam in 2025 rose by around 21% year-on-year. The growth rate far exceeded the global tourism average of about 5% and the Asia-Pacific average of 8%. Compared with pre-pandemic levels, Vietnam’s tourism recovery has surpassed 110%, while global tourism has recovered to around 90%, according to the ministry.

The promotion of the Cai Mep Ha Free Trade Zone is a concrete step to implement the revised Resolution 98, which was passed by the National Assembly on December 11 this year. Alongside the development of an international financial center, free trade zones are seen as a new but challenging area that could become a key driver for investment attraction and revenue growth in HCMC, Quang said.

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.

Vietnam’s November economic indicators reflect a month shaped by operational resilience amid significant weather-related disruption. Export activity continued to hold up, contributing to a stable trade surplus, while rising credit demand pointed to firms rebuilding inventories and preparing for year-end production cycles.