PRACTICAL CONSTRUCTION WORK
At Phuc Vuong, we do not focus on talking about our capabilities. Instead, every project currently under construction serves as the clearest and most direct proof. From site preparation, piling works, and foundation construction to structural works and major items, our technical team remains closely involved on site, monitoring every detail.
INTERNATIONAL ARRIVALS TO PHU QUOC AT RECORD HIGH
On January 17, Phu Quoc International Airport handled 47 international flights in a single day, the highest level since the airport began operations. Earlier, on January 3, the airport had already set a new record with 46 international flights in one day. Notably, the surge was not confined to a few peak days. International arrivals were maintained at a high level throughout January, pointing to a more sustained and stable expansion of the international travel market to the island.
VIETNAM PUTS SCIENCE, TECHNOLOGY AT CENTER OF 2026 GROWTH STRATEGY
Vietnam will make science and technology, innovation and digital transformation the core drivers of economic growth in 2026, under a Government resolution guiding this year’s socio-economic development and budget implementation. The direction is set out in Resolution No. 01 on key tasks and solutions for 2026, reported the Government news website (baochinhphu.vn).
VIETNAM ECONOMIC NEWS INSIGHT & RECAP - DECEMBER 2025
Vietnam closed 2025 with an impressive economic performance, exceeding initial targets and demonstrating the resilience of its growth model. Full-year GDP expanded by 8.02% supported by a combination of government-led stimulus, stable domestic production and consumption, and continued strength in key export sectors amid ongoing external uncertainties.
VIETNAM–SINGAPORE TRADE POSTS RECORD GROWTH IN 2025
Vietnam and Singapore recorded a strong rebound in bilateral trade in 2025, with both exports and imports rising in every month from a year earlier, according to data from Enterprise Singapore and the Vietnam Trade Office in Singapore. In December alone, two-way trade reached nearly S$4 billion (about US$3.1 billion), up 30.1% year-on-year. Singapore’s exports to Vietnam totaled S$2.3 billion, up 1.5%, while imports from Vietnam surged 113.6% to S$1.7 billion.
VIETNAM–U.S. FRUIT AND VEGETABLE TRADE TOPS US$1 BILLION FOR FIRST TIME
Trade in fruits and vegetables between Vietnam and the U.S. exceeded US$1 billion for the first time in 2025, reaching nearly US$1.5 billion, according to Vietnam Customs. The figure marks an 8.5-fold increase over the past decade, rising from US$170 million in 2016 to about US$1.47 billion last year. Vietnam exported US$547 million worth of fruits and vegetables to the U.S. last year, up 52% from 2024.
VIETNAM TARGETS US$500 BILLION IN EXPORTS IN 2026
Vietnam is aiming to push its export revenue beyond US$500 billion in 2026 after recording strong growth last year. Export revenue reached more than US$475 billion in 2025, up over 17% year-on-year, or an increase of about US$69 billion, according to the Ministry of Industry and Trade. The result came despite weak global growth and tough trading conditions in major markets.
VIỆT NAM’S SEAFOOD INDUSTRY TARGETS STABILITY AFTER RECORD-BREAKING YEAR
Việt Nam’s seafood exports in 2025 were a record US$11.3 billion, but experts said the industry needs long-term strategies to ensure sustainable growth. They were speaking at a conference held by the Việt Nam Association of Seafood Exporters and Producers (VASEP) in HCM City on February 17 to review the industry’s performance and set tasks for the new year.
GIA LAI DRAWS OVER $1BN IN NEW INVESTMENT SO FAR THIS YEAR
Since the beginning of the year, the Central Highlands province has attracted 26 new ventures with total registered capital of more than VND27.46 trillion ($1.05 billion), according to the Gia Lai Investment Promotion Centre. Several of these are sizeable schemes focused mainly on renewable energy and urban development.
