
HCM City residents increase consumer spending during Tet holiday
HCM City’s Tet spending rose, with retail and service revenue reaching 108 trillion VND (4.3 billion USD) in January, up 7.5% year-on-year.
HCM City’s Tet spending rose, with retail and service revenue reaching 108 trillion VND (4.3 billion USD) in January, up 7.5% year-on-year.
Nearly 200,000 gift packages worth about 110 billion VND (4.36 million USD) were provided for disadvantaged people and policy beneficiary families in Ho Chi Minh City on the occasion of the Lunar New Year (Tet).
Ho Chi Minh City reaped nearly 7.7 trillion VND (307 million USD) in revenue from tourism during the nine-day Lunar New Year (Tet) holiday that ended on February 2, up 17.4% year-on-year, according to the municipal Department of Tourism.
Prime Minister Pham Minh Chinh on February 1, attended a groundbreaking ceremony of a section of the Ho Chi Minh City – Thu Dau Mot – Chon Thanh expressway.
As a staple of Ho Chi Minh City's Tet celebrations, Nguyen Hue Flower Street has become synonymous with innovation, showcasing stunning floral art, bonsai, sculptures, and installations that capture the essence of Vietnamese culture.
This year, with the official launch of Metro Line 1, visitors can combine metro travel with sightseeing at many popular destinations in HCM City.
Vietnam is set to welcome a surge of domestic and international tourists during the 2025 Tet (Lunar New Year) holiday as destinations nationwide are preparing to showcase their distinctive cultural festivals and traditional celebrations.
Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over 3.9 quadrillion VND (153.3 billion USD), a 11.3% increase for the year, according to the central bank.
In an optimistic turn for the real estate industry, experts are eyeing substantial revenue growth of 25 to 50% for real estate companies in 2025.
The 2025 New Year Book Street Festival will take place in Le Loi street of Ho Chi Minh City from January 27 to February 2, showcasing nearly 68,000 book titles, according to the municipal Department of Information and Communications.
Remittances to Ho Chi Minh City in 2024 reached over 9.5 billion USD, up 0.9% year-on-year, the State Bank of Vietnam's branch in the city announced on January 16.
Remittances to Ho Chi Minh City in 2024 reached over 9.5 billion USD, up 0.9% year-on-year, the State Bank of Vietnam (SBV)'s branch in the city announced on January 16.
Argentine media has lauded Vietnam’s landmark decision to establish an international financial centre in Ho Chi Minh City – the nation’s economic and commercial powerhouse, marking a pivotal shift in the Government’s economic development strategy.
The seventh International Open Kylin - Lion - Dragon Championship of District 5, Ho Chi Minh City, concluded on January 12 after four days of vibrant competition.
Vietnam has commenced construction of its first plasma-based biopharmaceutical production plant, located in the high-tech park of Thu Duc city, Ho Chi Minh City.
Ho Chi Minh City plans to convert its public bus network to electric and green energy vehicles by 2030, with 100% of new bus routes opened from 2025 using electricity.
The Metro Line 1 (Ben Thanh–Suoi Tien) in Ho Chi Minh City witnessed a remarkable turnout of approximately 150,000 passengers on its first day of operation on December 22.
The Mekong Connect Forum 2024 kicked off in the Mekong Delta province of An Giang on December 17, focusing on seeking measures to enhance economic, trade, and technological cooperation in the region, Ho Chi Minh City, and the rest of the country towards sustainable development in a new competition landscape.
The Ben Thanh-Suoi Tien urban railway line No 1 in Ho Chi Minh City is expected to roll out on December 22, and to help passengers, the municipal Department of Transport (DoT) is setting up 17 electric bus routes connected to metro stations, the equivalent of 150 buses.
A conference to review the implementation of sub-projects under a project on training international-standard human resources and the shared university initiative in Ho Chi Minh City was held by the municipal People's Committee on December 12.