In the first two months of 2026, Thanh Hoa province in central Vietnam recorded many positive signals as industrial production, trade-services, and budget revenue all grew compared to the same period last year, creating strong momentum to achieve the year’s development goals.
In the import-export sector, Thanh Hoa’s export value for February is estimated at $509.2 million, up 14.3% year-on-year, while import value reached $792.5 million, down 11.9%. Cumulatively for the first two months, export value exceeded $1.1 billion, a 16.7% increase, and import value reached over $1.6 billion, up 0.5% compared to the same period in 2025.
Total retail sales of goods and services in February were estimated at VND23.4 trillion ($895 million), a 39.3% increase year-on-year. For the first two months of the year, this figure reached approximately VND43.9 trillion (nearly $1.7 billion), up 20.1%, reflecting sustained positive purchasing power in the market.
In February 2026, industrial production in the province continued to maintain steady growth. The Index of Industrial Production (IIP) rose by 2.06% compared to February 2025. Overall, for the first two months of 2026, the IIP surged by 16.07% year-on-year, indicating a clear recovery and expansion within the industrial sector.
Out of 19 major industrial products, 13 recorded increases compared to the same period last year. Significant growth was seen in several items, including iron and steel (up 11.7%), animal feed (up 8.5%), construction bricks (up 6.7%), electricity generation (up 6.8%), paraffin wax (up 23.6%), and benzene (up 12.1%). These key product groups play a vital role in the industrial and construction supply chains, contributing to the province's overall growth.
Additionally, the power supply remained stable, meeting both production and domestic needs. Commercial power output in February was estimated at 586.8 million kWh, a 7% increase compared to the same month last year.
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