May 10, 2026 | 13:00

HCM City sees strong economic momentum in 4M

Thanh Thủy

The growth marked by a sharp rise in foreign direct investment (FDI), growing business activity, and sustained expansion in trade and tourism.

HCM City sees strong economic momentum in 4M

Ho Chi Minh City has posted encouraging economic results in the first four months of 2026, marked by a sharp rise in foreign direct investment (FDI), growing business activity, and sustained expansion in trade and tourism.

According to Mr. Hoang Vu Thanh, Director of the city’s Department of Finance, total FDI inflows—including newly registered capital, capital contributions, share purchases, and acquisitions in domestic firms—reached nearly $3.3 billion from the beginning of the year, accounting for 30.2% of the annual target and surging 127.1% year-on-year.

The city’s total retail sales of goods and consumer service reached nearly VND639.3 trillion ($24.3 billion) in the first four months, representing a 13.2% increase year-on-year. 

Tourism remained a bright spot in the 4-month period, with  international arrivals reaching nearly 4.78 million, fulfilling 43.5% of the annual target, and domestic tourist numbers hitting around 19.2 million, or 38.4% of the yearly goal. Total tourism revenue climbed to approximately VND172 trillion ($6.54 billion), completing 52.1% of the annual target.

Meanwhile, the city’s export turnover in April was estimated at $8.5 billion, up 8.79% year-on-year, bringing the four-month total to around $30.91 billion, a 4.25% increase.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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