The "eagles" create growth levers for localities

The report on the socio-economic situation in the first 9 months of 2025, published by the General Statistics Office ( Ministry of Finance ) on October 6, shows that GRDP growth in many localities has maintained a positive recovery momentum, especially in key economic regions. However, development is still uneven, with a group of provinces and cities making strong breakthroughs thanks to processing industry, export and tourism, while another group is still facing difficulties due to dependence on agriculture and lack of investment motivation.

In the first 9 months of the year, 6/34 provinces and cities nationwide recorded GRDP growth rate of over 10%, including Quang Ninh, Hai Phong, Ninh Binh, Phu Tho, Quang Ngai and Bac Ninh .

According to the General Statistics Office, the success of these localities comes from the contribution of large investment projects, when the "eagles" have entered stable operation and created outstanding added value.

In Bac Ninh, the large-scale semiconductor component manufacturing, assembly and testing project of Amkor Technology Vietnam Co., Ltd. has become a new growth driver, helping the province maintain its position in the leading group.

In Hai Phong, VinFast Company Limited continues to expand export markets, launch new products, making important contributions to the city's industrial breakthrough.

The large-scale semiconductor component manufacturing, assembly and testing project of Amkor Technology Vietnam Co., Ltd. has become a new growth driver for Bac Ninh.

In Quang Ngai, two projects of Hoa Phat Dung Quat Steel Joint Stock Company are operating stably, creating a strong boost for the local economy. Ninh Binh also recorded progress when welcoming new enterprises such as XGIMI, QMH, Seiko Precision Parts, etc., contributing to expanding industrial production capacity.

In addition, the two largest economic centers in the country continue to affirm their leading role. Hanoi maintains stable growth with GRDP increasing by 7.92% in the first 9 months; in the third quarter alone, a series of events celebrating the 80th anniversary of National Day created a strong boost for services and tourism. Ho Chi Minh City after the merger continues to lead the country, accounting for about 23% of the national GRDP. The city's GRDP in the first 9 months is estimated to increase by 7.07%, contributing 22.73% to the overall growth rate.

Tourism is also a bright spot, with many localities recording impressive recovery rates, such as accommodation and food services in Da Nang increasing by 13.92%, Ninh Binh and Quang Ninh increasing by 14.51% and 12.72% respectively.

In contrast to the high growth group, some localities still face many challenges. Of which, the 5 provinces with the lowest GRDP growth rate in the country are Son La (6.26%), Vinh Long (6.33%), Lam Dong (6.42%), Cao Bang (6.52%) and Dien Bien (6.76%).

To promote even growth and complete the yearly target, the General Statistics Office proposed a number of key solutions for the fourth quarter of 2025 towards resolving bottlenecks, stimulating demand and improving capacity.

Solutions include accelerating the disbursement of public investment capital, focusing on key projects and removing obstacles in land clearance. Strengthening trade promotion, supporting the consumption of agricultural and local products. Supporting small and medium enterprises to access capital, technology, markets and promoting digital transformation.

In addition, it is necessary to proactively prevent natural disasters in the northern mountainous provinces to protect production and life. At the same time, it is necessary to review growth targets, reform administration, adjust targets in accordance with actual capacity, continue to digitize processes and improve the business environment.

Moonlight

Source: https://doanhnghiepvn.vn/kinh-te/nhung-dai-bang-tao-don-bay-tang-truong-cho-cac-dia-phuong/20251006025302976