Ho Chi Minh City’s Gross Regional Domestic Product (GRDP) in 2025 is estimated to increase by 8.03%, reported Acting Director of the city Department of Finance, Mr. Hoang Vu Thanh, at a conference reviewing socio-economic development in 2025 and deploying tasks for 2026 on January 6.
The city's new GRDP per capita is estimated to reach $8,755.
In 2025, total retail sales of goods and consumer service revenue are estimated at over VND2.149 quadrillion ($81.6 billion), a 13.5% increase compared to the previous year.
Import-export activities continued to record positive signals. Export turnover is estimated at $95.8 billion, up 7%, while import turnover is expected to reach $98.2 billion, a 6.7% increase compared to 2024.
“The city's 2025 Industrial Production Index is estimated to increase by 8.9%, reflecting a trend of recovery and stable growth, driven primarily by rising domestic consumption in the early months of the year,” Mr. Thanh explained.
In 2025, taking into account both newly registered investment capital and capital contributions/share purchases in domestic enterprises, the city attracted approximately $8.166 billion in foreign investment. This represents a 15.8% increase in the number of projects and a 21.1% increase in total investment capital compared to the same period in 2024.
To achieve a GRDP growth target of over 10% in 2026, Chairman of the City People's Committee Nguyen Van Duoc stated that the city will continue to focus on three traditional growth drivers: production, consumption, and exports.
Additionally, the city will concentrate on developing three new drivers: an international financial center, a logistics seaport system, and innovation, including green and digital transformation.
Alongside these efforts, the city will undergo comprehensive replanning following its merger with former Ba Ria-Vung Tau and Binh Duong provinces, strictly adhering to the development orientation of “3 regions - 1 special zone - 3 corridors - 5 growth drivers.”
The city aims to increase budget revenue in 2026 by 10% compared to 2025, accelerate the disbursement of public investment, and prioritize site clearance as a top task.
Furthermore, all remaining stagnant projects must be fully resolved by the first quarter of 2026 (noting that 80% were addressed in 2025), with a particular focus on completing site clearance for the Thu Thiem New Urban Area to ensure its development as a world-class modern city center.
Mr. Duoc called for the focused implementation of key projects to transform the urban landscape and eliminate bottlenecks related to flooding, traffic congestion, and environmental pollution. Strategic infrastructure projects, including National Highway 22, National Highway 13, Ring Road 4, Can Gio Bridge, Thu Thiem Bridge, and various metro lines, must be executed on schedule while ensuring high-quality standards.
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