Want to be in the loop?
subscribe to
our notification
Business News
NINH BINH TARGETS VND45 TRILLION IN TOURISM REVENUE BY 2030

Visitors explore the Trang An Scenic Landscape Complex in the northern province of Ninh Binh - PHOTO: VNA
HCMC – Vietnam’s northern province of Ninh Binh aims to generate more than VND45 trillion in tourism revenue by 2030, as part of a broader plan to accelerate economic growth and upgrade its administrative status.
Under a newly issued action plan by the provincial government, the province targets over 30 million tourist arrivals by the end of the decade. Tourism is expected to become a key growth driver within a shifting economic structure.
By 2030, Ninh Binh seeks to become a centrally governed city, positioning itself as a heritage-based and creative urban center. GRDP per capita is projected to reach at least VND180 million, while local budget revenue is expected to exceed VND110 trillion. The digital economy is targeted to account for at least 30% of total output.
The province plans significant economic restructuring. Industry and construction are expected to make up 55.2% of the economy, while services account for 30.8%. Tourism is forecast to expand rapidly, driven by higher visitor numbers and increased spending.
To support growth, Ninh Binh will focus on spatial planning and reorganizing development zones to unlock new growth potential. Industrial development will prioritize high-tech, green, and smart manufacturing, with automobile mechanics as a core sector. The province also aims to attract investment in semiconductors and artificial intelligence.
The Ninh Co Economic Zone and the Ha Nam High-Tech Park are identified as growth hubs to support the transition to a new growth model. Coastal economic development is also planned, with investments in logistics, deep-water ports, and modern coastal urban areas to form a southern growth pole.
Beyond economic targets, the plan includes completing procedures to seek UNESCO World Heritage Site recognition for Tam Chuc Pagoda Complex and the Van Long Wetland Nature Reserve.
Ninh Binh’s tourism performance has already shown strong momentum. In 2025, Ninh Binh welcomed 19.4 million visitors, including 2.2 million international arrivals, generating about VND21.2 trillion in revenue, according to the provincial Department of Tourism. The province aims to attract 20 million visitors in 2026, continuing its push toward long-term tourism-led growth.
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.
























