E-COMMERCE TAX REVENUE RISES 19% IN Q1
Vietnam collected VND34.5 trillion in taxes from e-commerce businesses in the first quarter of this year, up 19% year-on-year, showed data from the Ministry of Finance. Over the past three years, tax revenue from individuals and organizations active in the e-commerce sector has totaled VND296 trillion, the Vietnam News Agency reported.
OVER SIX MILLION FOREIGN VISITORS COME TO VIETNAM IN Q1
Vietnam recorded over six million international arrivals in the first quarter of 2025, the highest quarterly figure on record, official data showed. The number of foreign visitors rose 29.6% from the same period in 2024, according to the General Statistics Office. March alone saw 2.05 million arrivals, up nearly 29% year-on-year.
INFOGRAPHIC SOCIAL-ECONOMIC SITUATION IN THE FIRST QUARTER OF 2025
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
VIỆT NAM'S FOREIGN INVESTMENT SURGES 35% IN Q1
Việt Nam recorded approximately US$10.98 billion in foreign investment during the first quarter of this year, marking a 35 per cent year-on-year increase, according to the Foreign Investment Agency (FIA) under the Ministry of Finance. A total of 401 operating projects registered for investment capital adjustments in the first quarter of 2025, marking a 50 per cent increase. The total additional capital reached nearly $5.16 billion, a fivefold increase compared to the same period last year.
VIỆT NAM'S GDP EXPANDS BY 6.93 PER CENT IN Q1
According to the NSO, the agro-forestry-fishery, industry-construction, and service sectors expanded by 3.74 per cent, 7.42 per cent and 7.7 per cent, contributing 6.09 per cent, 40.17 per cent, and 53.74 per cent to the total GDP expansion during January–March, respectively. Việt Nam’s gross domestic product (GDP) grew 6.93 per cent in the first quarter of 2025 compared to the same period last year, the highest Q1 rate since 2020, the National Statistics Office (NSO) reported at a press conference in Hà Nội on Sunday.
FDI PREDICTED TO SURGE IN HIGH-VALUE TECHNOLOGY INDUSTRIES
The National Financial Supervisory Commission has projected that foreign direct investment (FDI) inflows into Việt Nam will remain robust, particularly in high-value sectors such as semiconductors, artificial intelligence, digital transformation, and logistics. In its macroeconomic outlook report, the commission highlighted Việt Nam's emergence as a prime destination for investors in science and technology, especially in the semiconductor industry.
INVESTHK VISITS MIDDLE EAST TO ATTRACT BUSINESS INVESTMENT TO HONG KONG
HONG KONG SAR - Media OutReach Newswire - 6 April 2025 - Associate Director-General of Investment Promotion at Invest Hong Kong (InvestHK) Mr Charles Ng will commence his duty visit to the Middle East from today (April 6) to April 10, with key engagements in Saudi Arabia and the United Arab Emirates (UAE). The visit underscores Hong Kong's commitment to deepening economic ties with these dynamic markets and promoting the city as a premier gateway for Middle Eastern businesses seeking opportunities on the Mainland and in the broader Asia-Pacific region.
MONG CAI BORDER TRADE SURGES 45% IN Q1
Cross-border trade through the Mong Cai international border gate in northern Vietnam surged 45% in the first quarter of 2025 compared to the same period last year. Customs data showed that total import-export revenue reached over US$1.31 billion between January and March. Exports accounted for US$754.4 million, while imports stood at US$557.7 million, the Vietnam News Agency reported.
