BẮC NINH RANKS SECOND NATIONWIDE IN FOREIGN INVESTMENT ATTRACTION IN 2025
The northern province of Bắc Ninh ranked second nationwide in foreign direct investment (FDI) attraction in 2025, only after HCM City, underscoring its position as one of Vietnam’s leading industrial and investment hubs. Last year, Bắc Ninh attracted around US$20 billion in total investment capital, with FDI reaching $5.73 billion. The province also saw 7,686 newly established enterprises, bringing the total number of businesses to nearly 50,000.
CASHEW EXPORTS SURPASS $5 BILLION FOR THE FIRST TIME
With a record export value of over US$5.2 billion in 2025, cashews surpassed the $5 billion mark for the first time, becoming Việt Nam’s third-largest agricultural export after coffee and fruits & vegetables, according to the Vietnam Customs. In addition to setting a new value record, cashew exports in 2025 also reached a new volume high of 766,585 tonnes, up 5.7 per cent from 2024.
INDUSTRY AND TRADE SECTOR MAINTAINING GROWTH MOMENTUM, FORGING SUSTAINABLE DEVELOPMENT
In 2025, Hai Phong City benefited from significant opportunities created by an expanded development space following administrative consolidation, while also facing challenges in maintaining stable and efficient administrative operations and sustaining strong economic growth amid ongoing global volatility. Within this context, the industry and trade sector continued to serve as an important driving force for the city’s overall economic growth.
PER CAPITA INCOME CLIMBS 9.3% IN 2025
Average per capita income in 2025 was estimated at VND5.9 million (approximately US$225) per month, marking a 9.3 percent increase from 2024, according to preliminary findings of the Household Living Standards Survey 2025 conducted by the National Statistics Office (NSO). Part of the income growth stemmed from State payments to public officials and employees who retired or resigned under the restructuring of the political system's organizational apparatus.
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.
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.
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–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.
