Business News

In September alone, durian exports were valued at $972 million, up 45 per cent on-year. The accumulated value for the first nine months reached nearly $2.8 billion, down only 1.7 per cent compared to the same period last year. The remarkable growth was largely driven by a strong recovery from the Chinese market, which accounted for $960 million in September, an increase of 52 per cent over the same period in 2024. 

Vietnam’s durian exports could reach US$5 billion this year if issues related to testing, traceability, and quality control are addressed, according to industry experts. Exports of frozen and processed durian have risen sharply despite difficulties with fresh durian shipments. In the first quarter, Vietnam exported about 8,700 tons of frozen durian worth more than US$31 million, up over 60% from a year earlier, reported the Government news website (baochinhphu.vn).

Việt Nam’s aviation industry is flying high again, with passenger numbers expected to hit a record 84 million this year, marking a powerful comeback from the pandemic, according to the Civil Aviation Authority of Việt Nam (CAAV). The CAAV reported that the sector’s rapid recovery — from just 16 million passengers in 2021 to 75 million in 2024 — highlights the country’s growing travel demand and the crucial role air transport plays in socio-economic development and tourism growth.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the strong growth was driven by recovering demand in China, the US, the EU and the CPTPP bloc, along with Vietnamese businesses’ flexible adaptation to changing product segments and markets. Exports to China and Hong Kong brought in $966 million, up 65 per cent and accounting for nearly 30 per cent of total turnover.

The Hà Nội City People's Committee has set ambitious financial goals for the remainder of this year, aiming to increase its budget revenue by at least 25 per cent compared to the original estimates. This initiative is part of the implementation of the Prime Minister's directive on managing the state budget for the final months of 2025, as outlined in Document No. 5676/UBND-KT.

The strategy sets a target for e-commerce sales to expand by an average of 15-20 per cent annually, accounting for 15-20 per cent of total retail sales of goods and consumer services by 2030. Around 40-45 per cent of small and medium-sized enterprises (SMEs) are expected to participate on e-commerce platforms.

So far in 2025, Vietnam’s economy has demonstrated strong resilience, maintaining stable macroeconomic fundamentals, keeping inflation under control, sustaining a sizable trade surplus, and continuing to attract steady foreign direct investment (FDI) inflows. However, challenges remain as domestic consumption grows slowly, private investment stays cautious, and public investment disbursement falls short of expectations, all adding pressure in the fourth quarter. 

Việt Nam is aiming for an average annual growth rate of at least 10 per cent between 2026 and 2030, according to a new directive from Prime Minister Phạm Minh Chính on the socio-economic development plan for the next five-year period. Directive No 31 requires that the targets set for 2026-30 must be clear, feasible and compliant with the 2021-30 national development strategy.