Hanoi (VNA) – The capital city of Hanoi experienced a robust economic upswing in January-May, with positive growth across trade, services and tourism sectors.
Its total retail sales of goods and consumer services reached an impressive 336.5 trillion VND (14 billion USD), representing a 10% increase compared to the same period last year, said Director of the municipal Statistics Office Dau Ngoc Hung.
Breaking down the figure, retail sales of goods reached 215.8 trillion VND, accounting for 64.1% of the total and demonstrating a 10% year-on-year growth.
Revenue from hotels and restaurants reached 43 trillion VND, a 12.4% increase year-on-year, and constituting 12.8% of the total sales. That of travel and tourism services saw a remarkable surge of 48.9% to 10.6 trillion VND, making up 3.2% of the total. Other service sectors also reported positive revenue growth, with a 4.3% rise to 67.1 trillion VND, or 19.9% of the total.
The number of tourists visiting Hanoi in May was estimated at 547,000, reflecting a slight month-on-month decrease of 1% but 42.9% higher than the same period last year. The five-month figure reached 2.641 million, a robust 42.9% increase year-on-year. Notably, domestic tourism saw a 16.2% annual rise, with 724,000 visitors flocking to the capital city.
The city’s Consumer Price Index (CPI) in May went up 5.31% year-on-year, primarily driven by rising costs across nine out of 11 commodity groups. The most significant was observed in the education sector, with a rise of 32.87%.
ౠ The Hanoi leaders also identified tourism and farm produce with clear traceability as a key focus to cater to consumer demand in the coming months. This strategic focus is expected to solidify Hanoi's economic recovery and position it for continued growth./.
Joining hands for clean air and a green Hanoi is the theme of a programme launched in the capital city on June 3 in response to the World Environment Day (June 5).
Turning Hanoi into a safe, bustling, attractive and unique destination with night-time economic trademark has been highlighted in a recently-issued Politburo's Conclusion.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
