Photo: PV
In 2025, budget revenue is expected to reach over 59,529 billion VND.
According to Ho Ky Minh, Standing Vice Chairman of the People's Committee of Ho Chi Minh City, in 2025, in implementing the policy of merging administrative boundaries and deploying a two-tiered local government model, the People's Committee of Ho Chi Minh City will focus intensely on managing and directing agencies, units, and localities to effectively carry out assigned tasks according to plan and ensure the smooth operation of the local administrative apparatus in the new phase.
To date, the city's key economic sectors have maintained positive growth momentum, people's lives are stable, social security is ensured, and administrative reform and digital transformation continue to be promoted, contributing to ensuring the growth scenario is met.
The city's GRDP growth rate in 2025 is estimated at 9.18%. Value added in the service sector is projected to increase by 9.34%; industry and construction by 12.07%; agriculture, forestry, and fisheries by an estimated 3.27%; and GRDP per capita will reach US$4,392.
State budget revenue in the city in 2025 is estimated at 59,529.2 billion VND. The GRDP (at current prices in 2025) is estimated at 316.1 trillion VND, an increase of 35.5 trillion VND compared to 2024.
On a national scale, Da Nang city's GRDP in 2025 will continue to maintain its 13th position out of 34 provinces and centrally-governed cities, contributing approximately 2.5% to the country's GDP.
The city's economic structure in 2025 will be oriented towards services - industry - agriculture, with services accounting for 54.89%; industry and construction 25.99%; agriculture, forestry and fisheries 6.86%; and product taxes (excluding product subsidies) 12.25%.
From January 1, 2025 to November 20, 2025, the city will attract US$502.88 million in FDI capital, a 5.6% increase compared to the same period in 2024. It will complete 100% of the target for constructing and repairing 12,301 temporary and dilapidated houses as per Directive No. 42/CT-TTg; and simultaneously implement 5 social housing projects with a total of 2,983 apartments.
The goal is to achieve a GRDP growth rate of 11% or higher in 2026.
According to Ho Ky Minh, Standing Vice Chairman of the People's Committee of Ho Chi Minh City, 2026 is a pivotal year for implementing the major orientations of the term, while many new mechanisms and policies following the merger and reorganization of the two-tiered local government model are in the process of being finalized and put into operation.
Setting a reasonable growth target will create conditions for macroeconomic stability, ensure the overall balance of the economy, and maintain the confidence of investors and the business community.
The fundamental factors for high growth include: disbursement of public investment, attracting large-scale FDI, recovery of international tourism, structural shift in the labor force, and increased productivity in the manufacturing sector…
Therefore, choosing the appropriate scenario allows the city to have flexible operational room, avoiding risks that could put pressure on the supply and demand of capital, prices, labor, and socio-technical infrastructure. Thus, the city proposes a scenario where the GRDP growth rate at constant prices in 2026 is estimated to reach 11% or higher.
The value added of the service sector increased by approximately 11.5 - 12.5%, continuing to play a leading role; the industrial and construction sector increased by approximately 12.5 - 13.5% (of which industry increased by 10.5 - 11.5%, construction increased by 19 - 20%); and the agriculture, forestry, and fisheries sector increased by approximately 3-3.5%.
The economic structure is structured with the service sector accounting for 56-56.5%; the industrial and construction sector accounting for 26-27%; the agriculture, forestry, and fisheries sector accounting for 6-6.5%; and product taxes less subsidies reaching 11.5-12%.
The estimated GRDP (at current prices) in 2026 is over 367,000 billion VND. GDP per capita is approximately 4,900 - 5,000 USD/person. Total implemented investment (at current prices) is approximately 106,000 billion VND, equivalent to 26-27% of GRDP.
According to the economic growth scenario for 2026, some socio-economic targets set for 2026 include: estimated increase of 10% in state budget revenue; industrial production index (IIP) in 2026 increasing by 9-10% compared to 2025; projected increase of 11-12% in merchandise exports compared to 2025; projected increase of 7-8% in merchandise imports compared to 2025...
Source: https://baodanang.vn/nam-2026-da-nang-phan-dau-tang-truong-kinh-te-dat-11-tro-len-3314397.html
Comment (0)