Want to be in the loop?
subscribe to
our notification
Business News
HCMC POSTS RECORD TET TOURISM REVENUE

Foreign tourists take a group selfie together in front of the Central Post Office in downtown HCMC - PHOTO: HOAI PHONG
HCMC – HCMC generated an estimated VND12.15 trillion in tourism revenue during the 2026 Tet holiday, up 42.9% from the same period in 2025. This marked the highest tourism revenue ever recorded by the city during a Lunar New Year (Tet) break.
During the nine-day holiday from February 14 to 22, the city welcomed about 4.32 million visitors, an increase of 35% year-on-year. International arrivals reached 170,000, up 51.7% compared with Tet 2025. Average hotel occupancy stood at around 75%, up 10 percentage points.
The Department of Tourism said the results were driven by coordinated cultural, tourism, and festival activities held across the city, creating strong demand for urban tourism and short-stay travel.
Major attractions in the city center, including Nguyen Hue Flower Street, Tao Dan Park, and the traditional Tet flower market, drew large crowds of residents and visitors.
Nearby coastal destinations such as Vung Tau, Long Hai, Ho Tram, and Ho Coc also saw increased overnight stays, mainly from visitors traveling from HCMC and southeastern provinces.
Gia Lai Province welcomed an estimated 848,000 tourists during Tet 2026, up 16% year-on-year. Overnight stays reached around 117,000, an increase of 25.5%. Tourism revenue was estimated at VND900 billion.
Vinh Long reported approximately 210,178 visitors, up 10.3% from a year earlier. International visitors accounted for 29,374 arrivals, up 26.1%. Tourism revenue reached VND189.1 billion, an increase of 14.4% year-on-year.
Khanh Hoa Province welcomed around 735,000 visitors during the first seven days of the Tet holiday, up more than 12.1% compared with the same period last year, according to the provincial Department of Culture, Sports and Tourism.
Source: The Saigon Times
Related News
EVFTA DEEPENS VIETNAM-EU RELATIONS AFTER SIX YEARS
The EVFTA acts as a vital economic highway to boost trade between Vietnam and EU. In 2019, the Vietnam – EU two-way trade stood at $49.8 billion. This figure rose to $74 billion by the end of 2025. In the first six months of 2026, two-way trade between Vietnam and the EU totalled $41.7 billion. Vietnam's exports to the EU reached $31.8 billion, while imports from the bloc stood at $9.9 billion.
AMRO UPGRADES VIETNAM GROWTH FORECAST TO 7.5 PER CENT
AMRO released its July 2026 Quarterly Update of the ASEAN+3 Regional Economic Outlook on July 27, projecting Vietnam to grow 7.5 per cent in 2026, up from its June forecast of 7.2 per cent. AMRO also raised its growth forecast to 7.3 per cent in 2027, up from its June forecast of 7 per cent, while revising down its inflation forecasts to 4.3 per cent in 2026 and 3.9 per cent in 2027.
VIETNAM APPROVES ROADMAP FOR INT’L FINANCIAL CENTERS THROUGH 2035
Vietnam has approved a development plan through 2035 for its international financial centers, with the one in Ho Chi Minh City positioned as a comprehensive global financial hub. Deputy Prime Minister Nguyen Van Thang, chairman of the governing board of the Vietnam International Financial Center, has signed the decision approving the development plan.
REMITTANCES TO HO CHI MINH CITY TOP $4BN IN H1 2026
Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter. The city received more than $2.03 billion in remittances in the second quarter. Tran Thi Ngoc Lien, deputy director of State Bank of Vietnam’s region 2 branch, said the second quarter was the first quarter this year to see remittances to Ho Chi Minh City increase from the preceding quarter, although the pace of recovery remained modest.
GLOBAL BEAUTY BRANDS EYE OPPORTUNITIES IN VIETNAM
Vietnam’s fast-growing beauty and personal care market is attracting thousands of international brands, with a major industry exhibition in Ho Chi Minh City bringing together more than 3,000 brands from over 24 countries and territories. The Vietbeauty, Cosmobeauté Vietnam and Beautycare Plus 2026 exhibitions officially opened in Ho Chi Minh City on Thursday, bringing together 600 exhibitors from Japan, South Korea, the United States, France, Singapore and Vietnam, among others.
HCM CITY PRIORITISES LOGISTICS INFRASTRUCTURE TO RAISE DIRECT IMPORT-EXPORT THROUGHPUT ABOVE 80%
HCM City aims to increase the proportion of imports and exports handled directly through its seaports, airports, railway terminals and inland container depots (ICDs) to more than 80 per cent during the 2026-30 period. With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
























