Economy
No longer a “hidden gem” in the south central coast, the former Phu Yen province - now eastern Dak Lak province - is entering a new phase, where the blue sea meets the great forest to create distinctive tourism products.
Economy
According to assessments by The Economist and Business Times, Vietnam was among Asia’s fastest-growing economies last year. Analyses of the country’s 8.02% economic growth highlight the resilience of the Vietnamese economy amid a slowdown in global trade and rising geopolitical tensions.
Economy
Information consistency will help improve national tourism brand recognition among travellers, laying a stepping stone for positioning Vietnam as a green, safe and friendly destination, according to an insider.
Land & People
Looking ahead to 2026, the tourism sector targets about 25 million international arrivals, 150 million domestic holidaymakers and total revenue of around 1.12 quadrillion VND (approximately 43 billion USD), reflecting its ambition to develop tourism into a spearhead economic sector in line with the Government\'s goals.
Vietnam exported more than 8.06 million tonnes of rice in 2025, earning over 4.1 billion USD.
Vietnam recorded solid gains in 2025. All 15 key socio-economic targets were met or exceeded, while GDP expanded by about 8.02%, surpassing expectations.
More than a quarter of surveyed households in Vietnam (31.3%) reported higher incomes, nearly two-thirds (65%) said their income was unchanged, while only 2.8% reported a decline and 0.9% were unsure.
According to the NSO, agriculture, forestry and fisheries grew 3.78% in 2025, contributing 5.3% to overall growth. Industry and construction expanded 8.95%, accounting for 43.62%, while the services sector rose by 8.62%, contributing the largest share at 51.08%.
Four major national fairs will be held this year, including the second National Fair – Spring 2026; the third National Fair - an international specialised exhibition covering construction, building materials, transport, real estate, industrial machinery and equipment, and interior and exterior decoration; the fourth National Fair – Summer 2026; and the fifth National Fair – Autumn 2026.
The merger of Dak Lak and Phu Yen is more than a geographic combination; it represents a strategic linkage between the two regions whose strengths naturally complement each other.