GDP growth in the first quarter of 2026 was 7.83%.

This information was announced by the General Statistics Office (Ministry of Finance) at a press conference on the socio-economic statistics for the first quarter of 2026, held on the morning of April 4th.

According to Nguyen Thi Huong, Director General of the General Statistics Office, the gross domestic product (GDP) in the first quarter of 2026 is estimated to increase by 7.83% compared to the same period last year (the first quarter of 2025 increased by 7.07%).

Nguyen Thi Huong, Director of the General Statistics Office, provided information at the press conference. Photo: HT

The agriculture, forestry, and fisheries sector maintained stable growth, with a good yield of perennial crops, continued recovery in pig farming, and a significant increase in aquaculture production thanks to the application of science and technology. The added value of the agricultural sector in the first quarter of 2026 increased by 3.36% compared to the same period last year, contributing 4.01% to the overall increase in added value of the entire economy; the forestry sector increased by 3.22%, contributing 0.21%; and the fisheries sector increased by 4.51%, contributing 1.38%.

In the industrial and construction sector, industrial production maintained a positive growth trend, and construction activities flourished thanks to the accelerated disbursement of public investment capital. The added value of the entire industrial sector in Q1/2026 increased by 9.01% compared to the same period last year (Q1/2025 increased by 7.63%), contributing 38.34% to the overall increase in added value of the entire economy .

The manufacturing industry is the driving force of the entire economy's growth, with a growth rate of 9.73% (9.36% in Q1 2025), contributing 32.52%; the electricity production and distribution industry increased by 6.54%, contributing 3.78%; the water supply, waste management and wastewater treatment industry increased by 8.58%, contributing 0.63%; the mining industry increased by 5.42%, contributing 1.41%; and the construction industry increased by 8.36%, contributing 5.74%.

In the service sector, increased consumer demand during the Lunar New Year holiday and the influx of international tourists to Vietnam contributed to the growth of the trade and service industries.

The contributions of several market service sectors to the overall increase in the added value of the entire economy in the first quarter of this year are as follows: Wholesale and retail trade increased by 9.62% compared to the same period last year, contributing 14.52%; transportation and warehousing increased by 8.95%, contributing 6.95%; financial, banking and insurance activities increased by 7.70%, contributing 5.09%; information and communication increased by 7.65%, contributing 4.21%; accommodation and food services increased by 7.49%, contributing 2.89%.

The industrial and construction sector accounted for 37.15% of the economy's structure in the first quarter. (In the photo: Electronic component production at Katolec Vietnam Co., Ltd. (Quang Minh Industrial Park). Photo: Do ​​Tam)

In addition, service sectors primarily funded by the State budget also saw significant growth, such as: activities of the Communist Party, socio-political organizations, state management, national security and defense, and compulsory social security, which increased by 9.62% compared to the same period last year, contributing 2.53%; education and training increased by 8.25%, contributing 4.05%; and health and social assistance activities increased by 6.90%, contributing 2.18%.

Regarding the economic structure in the first quarter of 2026, the agriculture, forestry, and fisheries sector accounted for 10.89%; the industry and construction sector accounted for 37.15%; the service sector accounted for 43.45%; and product taxes less product subsidies accounted for 8.51%.

Regarding GDP utilization in Q1 2026, final consumption increased by 8.45% year-on-year, asset accumulation increased by 7.18%, exports of goods and services increased by 19.85%, and imports of goods and services increased by 24.27%.

Source: https://hanoimoi.vn/gdp-quy-i-2026-tang-7-83-743053.html