Business News

Việt Nam’s textile and garment industry is expected to achieve export revenues of US$46 billion in 2025, marking a 5.6 per cent increase compared to 2024. The Việt Nam Textile and Apparel Association (VITAS) announced these positive performances at a press conference held in Hà Nội on November 25 to introduce a meeting of the association’s seventh term during 2025-2030, and the industry review conference to be held in December.

The Ministry of Finance outlined two CPI scenarios for 2025, projecting average growth of either 3.3% or 3.5%, based on expected price pressures and factors that could ease them in the remaining months. Phoc asked ministries and local authorities to focus on maintaining CPI growth at the lower level while tightening oversight of essential goods such as electricity, water, and food.

Shrimp exports to China and Hong Kong reached US$1.1 billion in the first 10 months of this year, marking a significant rise of 64 per cent, the highest growth among all markets. The market recorded an export value of $140 million in October alone, the highest ever recorded, according to the latest report by the Vietnam Association of Seafood Exporters and Producers (VASEP).

According to a 2025 global report from Boston Consulting Group (BCG) published in the last days of October, the total value of global merger and acquisition (M&A) transactions reached $1.94 trillion in the first nine months of the year, up 10 per cent from the same period in 2024. Despite lingering headwinds such as shifting United States tariff policies as well as geopolitical tensions, this marks the second consecutive year of growth and the strongest performance since 2022.

While Vietnam is rapidly emerging as an AI-ready economy with strong digital ambition, industry leaders caution that successful adoption depends less on new technologies and more on the capability to govern, operate, and integrate them. At the Vietnam Future Economy Summit by Bloomberg Businessweek Vietnam on November 14, experts stressed that AI must be applied with measurable value and strategic purpose – or risk becoming a costly and ineffective investment.

Cross-border e-commerce is on the upward trend, with an export value predicted to rise from $3.5 billion in 2023 to $5.8 billion by 2028. Over the past five years, the number of Vietnamese products listed on Amazon has surged by more than 300 per cent, with 18 million items now available to customers worldwide.

HCMC recorded over VND233.5 trillion in tourism revenue in the first 11 months of 2025, equivalent to 80.5% of its full-year target. In November alone, the city welcomed 780,000 international visitors, bringing the total so far this year to 7.37 million, or 73.8% of the 2025 goal. Domestic tourism remained the mainstay, with 4.2 million arrivals in November and 37.28 million over 11 months.

Speaking to the media during a factory visit at Nam Tân Uyên Expansion Industrial Park, Vũ Quang Huy, chairman and CEO of TEKCOM Corporation, which exports plywood and associated products to more than 50 markets including the EU, US, India and Southeast Asia, said businesses faced numerous trade barriers.