Business News

At the ministry’s regular press conference for the fourth quarter of 2025, held on January 29, Mai Thu Hiền, deputy head of the Department of Planning and Finance under the MOIT, said Việt Nam’s economic growth last year strengthened quarter by quarter across most sectors. GDP rose by 7 per cent in the first quarter, 8.16 per cent in the second quarter, 8.25 per cent in the third quarter and 8.46 per cent in the fourth quarter.

The science and technology sector posted strong growth in January, with total revenue estimated at more than VNĐ464.1 trillion (nearly US$6.2 billion), up 23.3 per cent from the same period last year, the Ministry of Science and Technology said on Thursday. The sector’s contribution to the country's gross domestic product was estimated at VNĐ124.1 trillion, an increase of 33.3 per cent year-on-year, according to figures released at the ministry’s regular monthly press conference chaired by Deputy Minister of Science and Technology Bùi Hoàng Phương.

Vĩnh Long Province aims for economic growth of 10 per cent this year and per capita income of VNĐ96.62 million (US$3,676). The Cửu Long (Mekong) Delta province also targets the digital economy to contribute about 8.05 per cent of output, budget revenues of VNĐ22.6 trillion (US$860 million) and total investment of around VNĐ79 trillion ($3 billion).

Looking ahead to 2026, prospects remain bright as manufacturing, economic growth and foreign investment in Việt Nam are expected to stay robust, with the country forecast to post the highest growth rate in the region this year, according to Adam Sitkoff, Executive Director of the American Chamber of Commerce (AmCham) in Vietnam.

According to data from the National Statistics Office under the Ministry of Finance, total registered foreign investment in Vietnam reached US$38.42 billion as of December 31, 2025, up 0.5% year on year. Notably, realized foreign direct investment for the full year was estimated at US$27.62 billion, an increase of 9%, marking the highest level recorded during the 2021-2025 period.

HCMC aims to enter the top 50 of the Global Financial Centers Index by 2045 under a draft strategy to develop an international financial center in the city. The draft strategy for the Vietnam International Financial Center in HCMC (VIFC-HCMC) sets targets of reaching the top 75 by 2035 and the top 50 by 2045, according to Nguyen Huu Huan, vice chairman of the VIFC-HCMC executive authority.

According to Dang Huong Giang, director of the Hanoi Department of Tourism, the extended Tet holiday, combined with early and coordinated preparation of tourism activities and products, is expected to drive tourism growth. The focus, she said, is not only on attracting more visitors but also on improving the quality of growth by encouraging longer stays and higher spending.

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