Business News

HCMC handled more than 14 million passenger trips during the nine-day Lunar New Year (Tet) holiday from February 14 to 22, according to the city’s Department of Construction. Le Hai Phong, deputy head of the Road Transport Management Division under the Department of Construction, told a press briefing on February 26 that transport services met strong travel demand while traffic accidents declined and no serious incidents or prolonged congestion were reported.

Vietnam’s shrimp exports are picking up early this year, buoyed by stronger demand from China and lower U.S. anti-dumping duties, helping the seafood sector pursue its US$11.5 billion export goal. Shrimp is expected to contribute nearly half. As of February 15, seafood export revenue reached nearly US$1.46 billion, making seafood one of the top three agricultural export earners, according to Vietnam Customs.

Vietnam 2026: Tariff Risks, Regulatory Tightening — and a 10% Growth Ambition. Are FDI Leaders Ready? Global trade tensions are resurfacing. Potential tariff shifts under Donald Trump could reshape supply chains once again. At the same time, Vietnam is pursuing an ambitious high-growth trajectory toward 2026 — creating significant upside for well-positioned foreign investors.

Organized by Global Sources, Global Sourcing Fair Vietnam 2026 returns for its third edition, solidifying its position as one of Vietnam’s leading international B2B sourcing trade shows. Taking place from 22–24 April, 2026, at Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City, the event is expected to connect over 12,000 global buyers with 500+ verified Vietnamese and Asian manufacturers, covering key industries such as Fashion & Accessories, Home & Gifts, Electronics & Home Appliances and Printing & Packaging Products.

HCMC is drawing several billion-dollar investments in data centers and digital infrastructure, with investors in the UAE and the United States committing up to US$2 billion each. The UAE’s G42 and Vietnamese partners signed a long-term agreement to develop large-scale data centers in Vietnam with total capital of up to US$2 billion. The facilities will be built in HCMC and operated under international standards to provide digital services to government agencies, businesses, and global partners.

The Ministry of Agriculture and Environment has set an annual export revenue target of US$73-74 billion in 2026 and US$100 billion by 2030 for the agriculture, forestry and fishery sectors, higher than the historic amount of US$70.09 billion last year. The specific sectoral breakdown for 2026 includes agricultural products with US$40 billion (up 7.2% against last year), fishery products with US$12 billion (up 7.6%) and forestry and wood products with US$18.8 billion (up 3.6%).

HCMC generated an estimated VND12.15 trillion in tourism revenue during the 2026 Tet holiday, up 42.9% from the same period in 2025. This marked the highest tourism revenue ever recorded by the city during a Lunar New Year (Tet) break. During the nine-day holiday from February 14 to 22, the city welcomed about 4.32 million visitors, an increase of 35% year-on-year. International arrivals reached 170,000, up 51.7% compared with Tet 2025. 

Tourism revenue during the 2026 Lunar New Year holiday (Tet) has amounted to trillions of Vietnam dong in major tourist hotspots, with visitor numbers and earnings rising from a year earlier, according to data from provincial authorities. Data compiled by local departments showed continued recovery momentum, with gains in both international arrivals and short-stay travel demand.