Business News

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.

Get ready for a magical night as INCHAM Hanoi brings the Festival of Lights to life!
Venue: Ascott Tay Ho Hanoi, Grand Ballroom, 58 Tay Ho, Hanoi
Saturday, 8 November 2025 | 18:30 - 22:30

Set to take place in November, VietnamWood 2025 is gearing up with an immense scale of 13,500 square meters, gathering over 320 exhibitors from 28+ countries and regions. Experience innovation across 8 dedicated major pavilions, including Vietnam, China, Taiwan, USA, Germany, Austria, Italy, and India. Don't miss this prime opportunity to network with global industry leaders and shape the future of the industry together.

Việt Nam’s real estate market is undergoing a pivotal transition, shaped by three major structural changes – the administrative boundary mergers, the rollout of large-scale infrastructure projects, and the implementation of the amended Land Law 2025, which will take effect in early next year. The Government’s decision to merge certain provinces and cities is expected to necessitate adjustments to all existing master plans while streamlining project approval procedures.

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.