Business News

Vietnam’s tourism industry aims to attract 25 million international visitors in 2026, building on strong growth and record performance in 2025, according to the Vietnam National Authority of Tourism (VNAT). The target was announced at a conference held on December 24 to review the sector’s 2025 performance and outline tasks for 2026.

Credit growth in December alone is estimated at about 0.95% compared with November, bringing the year-to-date increase to 12.43% by the end of November. Total deposits in the city are estimated at around VND5.17 quadrillion, up 11.94% year-on-year. By the end of November, deposits had risen 10.83% compared with the end of 2024, a level regulators described as relatively solid.

Vietnam’s fruit and vegetable exports have reached a record high of more than US$8.5 billion in 2025, driven largely by durian shipments and a strong recovery in demand from China. According to estimates from the Vietnam Fruit and Vegetable Association (Vinafruit), export revenue in December 2025 is about US$795 million, lifting full-year exports to above US$8.5 billion, the highest level ever recorded for the sector.

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. Export growth in 2025 has been particularly strong, with export value forecast to exceed US$470 billion, up 16% from 2024, the Vietnam News Agency reported.

Deputy Minister of Agriculture and Environment Phung Duc Tien said export turnover for the sector reached US$64.01 billion in the first 11 months of 2025. If December results match recent monthly performance, full-year exports could approach US$70 billion, well above the US$65 billion target. Several product groups are expected to post their highest export values on record.

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Industries under the ministry’s management accounted for an estimated 17.23% of national gross domestic product (GDP), up about 0.17 percentage point from 2024. They contributed around 1.96 percentage points to overall GDP growth, reported the Vietnam News Agency. The contribution helped push Vietnam’s economic growth to above 8% in 2025 and supports the Government’s aim of pursuing double-digit growth in the coming years.