On the afternoon of January 5th, the Department of Statistics (Ministry of Finance) released the 2025 Gross Regional Domestic Product (GRDP) growth results for 34 provinces and centrally-governed cities.
According to the statistical agency, amidst the country’s impressive 8.02% GDP growth in 2025, local GRDP growth generally followed the national economic trend, continuing its recovery and expansion. However, growth rates varied across regions.
 Top 5 localities with the highest GRDP growth in 2025. Source: Department of Statistics |
Estimates show GRDP growth rates ranging from 5.84% to 11.89%. Most localities achieved growth above 7% (only 5 provinces fell below 7%). Despite challenges, no locality experienced stagnant growth.
Six out of 34 provinces and cities achieved growth exceeding 10%, led by Quang Ninh and Hai Phong with impressive rates of 11.89% and 11.81%, respectively. This highlights their effective utilization of investment capital, particularly FDI, and the strong performance of their industrial and service sectors.
Twenty-three out of 34 provinces and cities exhibited stable growth between 7% and 10%.
 2025 GRDP growth rates and contributions to national growth by locality. Source: Department of Statistics |
A standout feature of the 2025 economic landscape was the remarkable GRDP growth in certain localities. Leading the nation were Quang Ninh, Hai Phong, Ninh Binh, Phu Tho, and Bac Ninh, with growth rates ranging from 10.27% to 11.89%, significantly surpassing the national average.
This exceptional growth is closely linked to the operation of large-scale industrial complexes and FDI projects, such as the Quang Yen Coastal Economic Zone and the Thanh Cong Viet Hung Automobile Industrial Complex in Quang Ninh, FDI projects in the Dong Mai and Hai Ha Industrial Zones in Quang Ninh, the Dinh Vu – Cat Hai Economic Zone, the VinFast automobile manufacturing complex, and LG Group’s FDI projects in Hai Phong, as well as automobile and supporting industry clusters, and the Khanh Phu and Gian Khau industrial zones in Ninh Binh.
Source: Department of Statistics
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Alongside the high-growth localities, Hanoi, Ho Chi Minh City, Hai Phong, Dong Nai, and Bac Ninh remain the pillars of the national economy, contributing the most to overall GDP growth. These five localities, with the largest economies in the country, accounted for 55.4% of national growth in 2025.
Hanoi and Ho Chi Minh City achieved GRDP growth rates of 8.16% and 7.53%, respectively, contributing 12.94% and 23.11% to national growth.
While some localities achieved high growth, others experienced GRDP growth rates below the national average, including Vinh Long, Thai Nguyen, and Tuyen Quang, with growth ranging from 5.84% to 6.4%.
According to the Department of Statistics, in the short term, local economic growth will continue to be influenced by a mix of favorable and unfavorable factors. Maintaining macroeconomic stability while fostering new growth drivers is crucial.
The agency emphasizes the need to accelerate public investment disbursement, address business challenges, stimulate domestic consumption, and effectively leverage existing growth potential.
By Nguyen Le
– 21:32 05/01/2026
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