Hai Phong's budget revenue increased by 44%, GRDP estimated to increase by 11% over the same period

Hai Phong's Political - Administrative Center and Conference - Performance Center in Thuy Nguyen City. Photo: Hai Phong Newspaper

This is a high growth rate compared to the national average, ranking 6th in the country and 2nd in the Red River Delta. The agriculture, forestry and fishery sector increased by 1.52%; the industry and construction sector increased by 12.74%; the service sector increased by 9.4%...

In the first quarter of 2025, the total budget revenue in Hai Phong City is estimated at 47,873.4 billion VND, an increase of 44.16% over the same period last year, equal to 40.83% of the central budget estimate and 40.54% of the city People's Council budget estimate. Of which, domestic revenue is over 28,537 billion VND, an increase of 48.2% over the same period, equal to 55.96% of the assigned budget estimate; revenue from import-export activities is over 18,742 billion VND, an increase of 44.04% over the same period, equal to 29.89% of the assigned budget estimate.

The gross regional domestic product (GRDP) of Hai Phong City in 2024 will reach VND445,995 billion, ranking 5th in the country. Meanwhile, the gross regional domestic product (GRDP) of Hai Duong in 2024 will reach VND212,386 billion, ranking 11th in the country.

It is expected that in the near future, Hai Phong City will merge with Hai Duong. At that time, the economic scale of the new administrative unit will be about 660,000 billion VND, ranking 3rd in the country, only after Ho Chi Minh City and Hanoi.

PV

Source: https://baohaiduong.vn/thu-ngan-sach-cua-hai-phong-tang-44-grdp-uoc-tang-11-so-voi-cung-ky-409933.html