Demand for goods grew sharply during the Lunar New Year Festival. (Photo: nld.com.vn)
HCMCity (VNS/VNA) - Thanks to Ho Chi Minh City's success incontrolling the COVID-19 pandemic, industry has made a smart recovery.
Accordingto the city’s Department of Industry and Trade, exports through thecity's border gates grew from 5.9 percent inNovember to 8.1 percent in December
Retailsales in January grew by 5.1 percent to 73.5 trillion VND (3.17 billion USD).
Salesof goods increased by 7.1 percent to 47.9 trillion VND and revenues fromaccommodation and food sales grew by 6.7 percent to 2.78 trillion VND and fromtourism by 8 percent to 285 billion VND.
Exportsof goods through ports increased by 6.54 percent to 3.75 billion USD.
BuiTa Hoang Vu, Director of the Department of Industry and Trade, said mostproduction and distribution companies have resumed operations, and retailersplan to co-ordinate with manufacturers and suppliers to increase the supply ofessential goods.
Allthree wholesale markets and 213 out of 234 traditional markets in the city havereopened, ensuring smooth circulation of goods.
Inthe remaining months of this year the city will promote manufacturing andexports, its Department of Industry and Trade has said.
Ittargets 5 percent industrial growth, 10 percent growth in retail sales of goodsand services and 9 percent increase in foreign trade (excluding crude oil).
Torevive the city’s economy this year the department will focus on developingmanufacturing, high-tech sectors, supporting industries, and the four keyclusters.
Itwill pay greater attention to promoting key industrial products.
Thecity will also continue to transform exports with a focus on support servicesand products and services like software, digital content and others in whichthe city has advantages./.
As of February 10 morning, more than 1.9 million workers, or 96 percent of the total number in Ho Chi Minh City had got back to work after the Lunar New Year (Tet) holiday – the longest festival in Vietnam, a local official said.
A meeting was held by the Ho Chi Minh City Committee for Overseas Vietnamese Affairs on February 11 to collect Vietnamese expats’ views on the city’s potential new directions and development post-COVID-19 from an economic perspective.
The People’s Committee of Ho Chi Minh City has just issued a decision on approval of an outline of missions and total cost estimate for the project adjusting the master plan of the city by 2040, with a vision to 2060.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
Demand for goods grew sharply during the Lunar New Year Festival. (Photo: nld.com.vn) 
