Want to be in the loop?
subscribe to
our notification
Business News
QUẢNG NGÃI LEADS IN GRDP GROWTH IN FIRST HALF OF 2025
Quảng Ngãi Province achieved the highest gross regional domestic product (GRDP) growth in Việt Nam in the first half of 2025, reaching a record 11.51 per cent.

An oil refinery in Quảng Ngãi Province. The province recorded the highest GRDP growth rate in Việt Nam in the first half of the year. — Photo thanhnien.vn
QUẢNG NGÃI — Quảng Ngãi Province achieved the highest gross regional domestic product (GRDP) growth in Việt Nam in the first half of 2025, reaching a record 11.51 per cent.
At current prices, the province’s GRDP was estimated at around VNĐ67.4 trillion (approximately US$2.6 billion).
Industry and construction accounted for the largest share, followed by services and agriculture.
Under its former boundaries prior to the merger with Kon Tum Province, the growth rate was even higher, at 12.4 per cent.
The industry and construction sector of the new Quảng Ngãi Province served as the main growth driver, expanding by 21.38 per cent.
Industry grew by 22.59 per cent, driven by oil and steel production.
Several industrial sectors, including clothing production, metal manufacturing, electricity supply, and wastewater treatment, saw strong growth.
The services sector also rose by 8.6 per cent.
Tourism, accommodation, food services and private healthcare and education were promoted by events such as Quảng Ngãi Tourism Week, street festivals and the 80th anniversary of the historical Ba Tơ Uprising.
Despite the impacts of climate change, the agriculture, forestry and fisheries sector still posted growth of nearly three per cent, mainly from stable aquaculture and seafood output.
The results stem from the province's efforts to streamline administration, address investment challenges, expedite public capital disbursement, and support business expansion.
With the national GDP growth estimated at 7.5 per cent in the first half of the year—the highest rate in 15 years—the province’s top ranking underscores its growing role in the economic landscape of central Việt Nam and the country as a whole.
Bùi Thị Quỳnh Vân, secretary of the Provincial Party Committee, said that the province would build on this momentum to reach its annual targets.
“The province would continue to improve the investment environment, upgrade transport infrastructure and speed up key projects,” she said. VNS
Source: VNS
Related News
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS
Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.
HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH
From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
























