VIETNAM BECOMES SOUTH KOREA’S TOP EXPORT MARKET IN ASEAN
South Korea’s imports from Vietnam also rose strongly, climbing 11.7% to US$31.8 billion, according to figures released on January 26 by the Ministry of Trade, Industry and Energy (MOTIE) of South Korea and the Korea International Trade Association (KITA). Total two-way trade increased 9% to US$94.5 billion, from US$86.8 billion in 2024.
REMITTANCES TO HCMC TOP US$10 BILLION IN 2025
According to the State Bank of Vietnam’s (SBV) Region 2 Branch, total incoming remittances to the city amounted to more than US$10.34 billion last year, up 8.3% from 2024. Most remittances were channeled through economic organizations, totaling nearly US$7.43 billion, or 71.8% of the total. Transfers via credit institutions accounted for the remainder, at about US$2.92 billion.
PRACTICAL CONSTRUCTION WORK
At Phuc Vuong, we do not focus on talking about our capabilities. Instead, every project currently under construction serves as the clearest and most direct proof. From site preparation, piling works, and foundation construction to structural works and major items, our technical team remains closely involved on site, monitoring every detail.
VIETNAM PUTS SCIENCE, TECHNOLOGY AT CENTER OF 2026 GROWTH STRATEGY
Vietnam will make science and technology, innovation and digital transformation the core drivers of economic growth in 2026, under a Government resolution guiding this year’s socio-economic development and budget implementation. The direction is set out in Resolution No. 01 on key tasks and solutions for 2026, reported the Government news website (baochinhphu.vn).
INTERNATIONAL ARRIVALS TO PHU QUOC AT RECORD HIGH
On January 17, Phu Quoc International Airport handled 47 international flights in a single day, the highest level since the airport began operations. Earlier, on January 3, the airport had already set a new record with 46 international flights in one day. Notably, the surge was not confined to a few peak days. International arrivals were maintained at a high level throughout January, pointing to a more sustained and stable expansion of the international travel market to the island.
INDUSTRY AND TRADE SECTOR MAINTAINING GROWTH MOMENTUM, FORGING SUSTAINABLE DEVELOPMENT
In 2025, Hai Phong City benefited from significant opportunities created by an expanded development space following administrative consolidation, while also facing challenges in maintaining stable and efficient administrative operations and sustaining strong economic growth amid ongoing global volatility. Within this context, the industry and trade sector continued to serve as an important driving force for the city’s overall economic growth.
PER CAPITA INCOME CLIMBS 9.3% IN 2025
Average per capita income in 2025 was estimated at VND5.9 million (approximately US$225) per month, marking a 9.3 percent increase from 2024, according to preliminary findings of the Household Living Standards Survey 2025 conducted by the National Statistics Office (NSO). Part of the income growth stemmed from State payments to public officials and employees who retired or resigned under the restructuring of the political system's organizational apparatus.
RESOLUTION 79-NQ/TW: DRIVING BREAKTHROUGH IN STATE ECONOMY
Resolution No. 79-NQ/TW on the development of the state economic sector, issued by the Politburo in early 2026, aims not only to address long-standing bottlenecks in Vietnam’s state-owned enterprise (SOE) sector but also to redefine the sector’s role and leadership approach within a new growth model. Party General Secretary To Lam recently signed Resolution No. 79-NQ/TW, dated January 6, 2026, which was issued by the Politburo on the development of the state economic sector.
























