HCM City greets 3.2 million foreign visitors in 9 months
Vietnam’s business and economic hub, Ho Chi Minh City, welcomed more than 3.2 million foreign visitors, up 5 percent annually, raking in more than 69.1 trillion VND (3.14 billion USD).
Vietnam’s business and economic hub, Ho Chi Minh City, welcomed more than 3.2 million foreign visitors, up 5 percent annually, raking in more than 69.1 trillion VND (3.14 billion USD), a 6 percent rise, according to the municipal People’s Committee.
Between now and the year’s end, the city will fine-tune the cooperation mechanism between its tourism and public security sectors and promptly establish a tourist support centre, ensuring safety for visitors.
A tourism stimulation programme will continue with a focus on inbound travel and services improvement.
The hotel occupancy in the southern metropolis averaged 62 percent in the third quarter, down 2 percentage points quarterly but up 5 percentage points yearly, reported Savills Vietnam estate service provider.
In its quarterly hotel market update, Savills Vietnam said the average room rent rate dropped 4 percent quarterly and 7 percent annually to 1.6 million VND (75 USD)/room/night due to the low season.
As of this September, the city’s 112 hotels offered around 14,400 rooms, up 4 percent quarterly and 14 percent annually.
The figure included 480 new rooms from six new projects, 240 of which were in the three-and five-star category, in the third quarter.-VNA
A slump in tourism has hit Ho Chi Minh City's hotel market, which saw a drop in the average rate of reserved rooms in the first six months of the year compared to the previous five years.
The average room rate (ARR) in Ho Chi Minh City dropped 5 percent quarterly and 3 percent annually to 1.6 million VND/room/night (or 78 USD/room/night) in the second quarter of 2015, reported Savills Vietnam estate service provider.
The property market in Ho Chi Minh City has been vibrant since the outset of 2015 thanks to buoyant merger & acquisition (M&A) activities which are expected to continue thriving in the time to ahead.
Seventeen existing and new projects made a total of 9,550 apartments available in the real estate market of Ho Chi Minh City in the third quarter of this year, announced Savills Vietnam.
The project rolled out 21 pilot models, from goat and pig farming to coffee cultivation and the adoption of agricultural technology, helping farmers beef up production, spruce up livestock facilities, and improve market linkages.
Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market. Korean firms with experience and advanced technology to engage in energy transition and national infrastructure modernisation, said Party leader To Lam.
Two-way trade between Vietnam and Cambodia topped 7 billion USD in the first seven months of the year, up 16.3% against the same time last year. Vietnam’s exports to Cambodia hit 3.2 billion USD, rising 5.1%, while imports rose 28.1% to 3.8 billion USD.
The event took place within the Vietnam–RoK Economic Forum which is part of the Vietnamese leader’s state visit to the RoK. The documents span areas including energy, digital infrastructure, manufacturing, logistics, tourism, finance, and high-quality personnel training.
According to the Ministry of Agriculture and Environment, in May, June, and July, the country exported 7,745 batches of fresh durians totaling over 207,000 tonnes, more than 10 times higher than in the first four months of the year, as well as 560 batches of frozen durians weighing nearly 16,000 tonnes, up almost 64.3%.
The global bicycle market is projected to reach 69 billion USD by 2029, growing at 4.2% annually, according to consultancy and market research company Mordor Intelligence.
After a challenging first quarter, during which many companies recorded losses, the Vietnamese cement market has experienced a remarkable recovery, with several firms unexpectedly reporting substantial profits in the second quarter of 2025.
The Party leader said Vietnam is continuing to improve its institutions, enhance the investment and business environment, and address bottlenecks to unlock resources and push ahead with economic restructuring in tandem with renewing the growth model.
Export value to Thailand reached 33 million USD in the first six months, accounting for 10% of Vietnam’s total squid and octopus export revenue and making Thailand the country’s fourth-largest single export market.
Large-scale projects invested by Korean investors in strategic sectors such as semiconductors and energy are poised to give a strong boost to foreign direct investment (FDI) inflows into Vietnam, creating momentum to attract more high-value projects from global investors.
The recent administrative merger offers a unique opportunity to establish a unified and synchronised logistics system, turning the Southeastern Key Economic Region into a high-performing hub for trade, investment, and marine economy.
Vietnam’s state budget revenue from import-export activities reached over 261.37 trillion (9.97 billion USD) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.
Experts warned that excessive capital concentration in high-risk sectors like real estate and securities, risks of imbalances and non-performing loans could increase.
Demand for durians in the Chinese market is surging, prompting growing interest among importers in seeking supply from Vietnam. With its geographical proximity, short transport time and distinctive flavour, Vietnamese durian is highly regarded for both quality and long-term growth potential.
EVN leaders said CMIS has advanced to version 4.0 over the past two decades, fully digitising operations and customer services while handling data for over 32 million clients and processing hundreds of millions of transactions each year.
With a combined market of over 370 million consumers, Vietnam and Indonesia leverage agricultural strengths: Vietnam leads in rice exports, while Indonesia dominates palm oil and coffee and is advancing toward rice self-sufficiency. Key cooperation opportunities span sustainable fisheries, hi-tech farming, agricultural science innovation, integrated value chains, and market access.
In the first seven months of this year, retail sales of goods were estimated at approximately 3.05 quadrillion VND, accounting for 76.4% of the total revenue and rising by 7.8% compared to the same period last year.
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Illustrative image (Source:congdongcaphe.vn)
