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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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The Vietnamese pig farming industry is supported by a large, steady demand base, but it remains highly volatile due to price cycles and disease risks. As smallholder farming shrinks and large enterprises play a bigger role, companies with stronger control over the value chain are better positioned to manage costs…
Ho Chi Minh City’s economy grew 8.27% year-on-year in the first quarter of 2026, the fastest quarterly expansion in five years, signaling a rebound in the city’s role as the country’s economic engine. Excluding oil and gas, growth reached 8.58%.
The services sector continued to lead overall growth, rising 8.91% and accounting for 56% of the GRDP increase. The expansion was supported by a surge in e-commerce, which helped lift related industries. Transport and warehousing grew 12.18%, contributing 13.8% to total growth.
Retail sales of goods and consumer services in the first three months reached 474.556 trillion dong, up 13.3% year-on-year.
Positive signals also came from the city’s budget performance. Total local revenue in Q1 reached 242.8 trillion dong, up 16.8% year-on-year and representing more than 30% of the annual plan.
Foreign direct investment (FDI) stood out as a key bright spot. Total registered capital in the period approached 2.9 billion USD, up nearly 220% compared with the same period last year.
Among notable projects, TikTok Shop Vietnam’s initiative with 125 million USD in capital from Singaporean investors highlights a strategic shift toward domestic operations at Ho Chi Minh City’s International Financial Center. TikTok plans to establish three subsidiaries to manage logistics services, digital payments, and digital commerce.
The Techtronic Tools Vietnam plant, worth 81 million USD, also contributed to strengthening the city’s position in the global manufacturing supply chain.
The business climate remained positive, with more than 13,600 newly established enterprises, up over 46% in both number and investment scale.
In manufacturing, the industrial production index (IIP) is estimated to rise 11%. Four major industries recorded growth of 13.6%, led by chemicals and pharmaceuticals at 24.5%, followed by food processing and machinery.
Tourism also supported the city’s performance, with nearly 20 million international and domestic visitors in the first quarter. The Ho Chi Minh City Tourism Festival alone generated about 120 billion dong in revenue, with around 1,000 tourism products showcased.
Looking ahead, the city aims to attract about 11 billion USD of FDI in 2026, supported by momentum from the International Financial Center and the Free Trade Zone. The decisive implementation of policy mechanisms is expected to unlock additional growth potential, with emphasis on disbursing public investment and removing investment bottlenecks.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
