In the first four months of 2025, northern Ninh Binh province's industrial production has shown steady recovery, while trade and services have experienced strong growth, with tourism remaining a key pillar of the province’s economy.
According to data from the Ninh Binh Provincial Statistics Office, the Industrial Production Index (IIP) of the province in April 2025 is estimated to increase by 12.02% compared to the same period last year.
The trade and services sector has recorded robust momentum, with total retail sales reaching VND32.78 trillion ($1.26 billion), reflecting a 24.2% increase compared to the same period last year.
The accommodation and food services sector has also flourished, generating VND4.1 trillion ($158 million) in revenue, marking a 33.6% increase year-on-year in the first four months of 2025.
Tourism remains a bright spot, with nearly 5.6 million visitors, an 13.6% increase against the same priod last year. Of the visitors, more than 775,000 were foreign tourists, increasing by 51.2% year-on-year,
Total tourism revenue in the four-month perios exceeded VND6 trillion ($231 million), up 31% year-on-year.