VIỆT NAM SEES ROBUST GROWTH IN AIR TRANSPORT MARKET OVER PAST DECADE
Việt Nam has seen strong growth in its air transport market over the past decade, jumping from the 11th largest air passenger market in the Asia-Pacific region in 2014 to the eighth largest in 2024, according to the International Air Transport Association (IATA). It also registered the highest growth rate among the top 10 markets in the region at 121 per cent, driven by the country’s strong economic performance and growing appeal as a travel destination.
HCM CITY SEES SOLID SOCIO-ECONOMIC GROWTH IN APRIL
HCM City saw positive growth across many areas in April, especially tourism revenue, thanks to recent celebrations, according to a meeting to assess the city’s socio-economic achievements on Thursday. Lê Thị Huỳnh Mai, director of HCM City’s Department of Finance, said that the city’s retail sales and consumer service revenue in April increased by 20 per cent year-on-year.
HOLIDAY TOURISM SURGES IN HCMC
Nearly two million visitors flocked to HCMC during the five-day holiday for Reunification Day (April 30) and International Labor Day (May 1), with tourism revenue more than doubling year-on-year to over VND7.1 trillion, according to the city’s tourism authority. The HCMC Department of Tourism reported that from April 27 to May 1, the city received around 1.95 million visitors, rocketing 101% over the same period last year.
VIETNAM BECOMES THE FASTEST-DEVELOPING TOURISM DESTINATION IN SOUTHEAST ASIA
In January 2025 alone, Vietnam reported over 2.1 million international arrivals, marking a 36.9% increase compared to the same period last year, according to statistics from Footprint Travel. Visitor numbers from Russia soared by more than 116%, while major European markets—including the UK, France, Germany, and Italy—recorded robust double-digit growth.
OVER SIX MILLION FOREIGN VISITORS COME TO VIETNAM IN Q1
Vietnam recorded over six million international arrivals in the first quarter of 2025, the highest quarterly figure on record, official data showed. The number of foreign visitors rose 29.6% from the same period in 2024, according to the General Statistics Office. March alone saw 2.05 million arrivals, up nearly 29% year-on-year.
HCM CITY TOURISM LEADERS DISCUSS SOLUTIONS WITH TOURISM ENTERPRISES
The HCM City Department of Tourism held a dialogue on Tuesday (April 1) with local businesses to address challenges and seek solutions to further develop the sector in 2025. The event, chaired by Director of the Department of Tourism Nguyễn Thị Ánh Hoa, was part of efforts to boost tourism, one of the city’s key economic drivers, in line with national recovery and growth objectives.
CUTTING-EDGE TECH REINFORCES F&B MARKET POTENTIAL
Vietnam is becoming a keen destination for food service equipment manufacturers who are seeking to take root in the market. Nguyen Hoai Nam, business development manager at coffee solutions provider Cubes Asia, told VIR that Vietnam’s food and beverages (F&B) market will evolve in phases, emphasising the importance of catering to a diverse range of customer groups.
FOOD AND BEVERAGE SECTOR MAINTAINS STELLAR GROWTH WITH DEALMAKING NOUS
In mid-March, Trung Nguyen Legend broke ground on a coffee factory in Buon Ma Thuot city of the Central Highlands province of Dak Lak, at a cost of over $78 million. This is Trung Nguyen Legend’s fifth factory in Vietnam, with the venture expected to boost robusta coffee processing and exporting capabilities in Vietnam’s largest coffee-growing region.
