Ho Chi Minh City Party Secretary Trần Lưu Quang said the city encourages businesses to pay Tết bonuses in November or December 2026, so workers can shop early and avoid last-minute rushes. Instead of simply displaying goods, the city aims to put money in people's hands through e-commerce, digital commerce, the MoMo e-wallet and buy-now-pay-later credit packages with banks, alongside major music and entertainment events. He said hotels, shops and food stalls at Bến Thành Market have grown busier, though no detailed statistics are yet available, and many large hotels will cut room rates until year-end. The city is auctioning land plots worth over VND 90,000 billion but will hold off on sales if prices fall short of expectations, saving resources for 2027 and beyond. It is also speeding up public investment disbursement and capital for BT projects.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Bí thư TP.HCM: Khuyến khích doanh nghiệp thưởng Tết ngay trong tháng 11, 12
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public spendingVietnamreal estateGDP growth
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/16/2026 | 1,705.91 |
| Change that session | +0.45% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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