April 09, 2026 | 14:05

HCM City posts GRDP growth of 8.27% in Q1

Thanh Thủy

The figure marking the highest rate for the period in the past five years.

HCM City posts GRDP growth of 8.27% in Q1

Ho Chi Minh City posted gross regional domestic product (GRDP) growth of 8.27% in the first quarter of 2026, the highest rate for the period in the past five years, according to the municipal Statistics Office.

Total retail sales of goods and services rose 13.7%, while the city welcomed 3.9 million international visitors and 15.4 million domestic tourists.

The Index of Industrial Production (IIP) expanded 11% during the period.

Foreign investment remained a bright spot, with total registered foreign direct investment (FDI) capital reaching nearly $2.9 billion, up 219% year-on-year.

The business environment also improved, with more than 12,500 new enterprises established in the first quarter, a 47% increase compared to the same period last year.

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