Ho Chi Minh City’s gross regional domestic product (GRDP) is expected to grow 8.3% in 2025, according to the city’s latest socio-economic development report.
The city’s total GRDP this year is estimated at VND3.03 quadrillion (nearly $115 billion), accounting for 23.5% of the national GDP. Its GRDP per capita is projected to reach $8,944, about 1.7 times higher than the national average.
Its foreign direct investment (FDI) attraction in 2025 is estimated at $8.9 billion. In addition, the city saw the establishment of 59,750 new enterprises this year, with total registered and additional capital exceeding VND2 quadrillion ($76 billion).
Total retail sales of goods and consumer services are forecast to increase by 13.5% year-on-year, reflecting strong domestic demand. Meanwhile, the city’s Index of Industrial Production (IIP) is expected to rise by 8.3%.
Looking ahead, municipal authorities have set a target of achieving GRDP growth of 10% in 2026, with GRDP per capita projected to reach $9,800.
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