Bac Giang: 13.85%
According to the Bac Giang Provincial Statistics Office, in 2024, in addition to the main growth driver being the manufacturing and processing industry, unfavorable factors will simultaneously appear.
Specifically, unusual weather changes caused a failure of the lychee crop; agricultural production was directly affected by storm No. 3; construction activities seriously declined due to slow disbursement of public investment capital, low demand for housing construction among the population, and slow implementation of civil and specialized works...
However, the GRDP growth of this locality is still estimated at 13.85%, the highest growth rate in the country. Of which, the agriculture, forestry and fishery sector decreased by 3.32%; the industry and construction sector increased by 17.94%; the service sector increased by 6.83%; and product taxes minus product subsidies increased by 11.66%.
The industrial and construction sector continues to have the highest growth rate and contribution rate to the overall growth of the economy (contributing 12.93% %), being the main sector leading the economic growth rate of the province.
The agriculture, forestry and fishery sector this year faced many difficulties due to the loss of the lychee crop and the impact of storm No. 3 (which reduced the overall growth rate by 0.35 percentage points); the service sector maintained a fairly good growth rate (contributing 1.05 percentage points to the overall growth rate).
Despite achieving the highest economic growth rate in the country, according to the provincial statistics agency, Bac Giang's GRDP growth rate has been on a downward trend in recent years.
The economic structure continues to shift towards reducing the proportion of agriculture, forestry and fishery; increasing the proportion of industry and construction. However, the contribution of the service sector is not commensurate with the growth of the industrial sector and has not yet achieved a modern economic structure.
Thanh Hoa: 12.16%
At the conference on implementing the socio-economic development tasks of Thanh Hoa province in 2025 held on December 30, 2024, Thanh Hoa Provincial Party Secretary Nguyen Doan Anh said that the province's economy maintained high growth, with positive changes in each field. The growth rate of total product in the area in 2024 is estimated at 12.16%, exceeding the plan and ranking second in the country.
In particular, in 2024, Thanh Hoa's state budget revenue is estimated to reach VND 54,341 billion (exceeding 52.8% of the estimate, up 25.9% over the same period), the highest ever, ranking first in the North Central region and 8th in the country.
The province sets a target of GRDP growth rate of 11% or more by 2025, GRDP per capita reaching 3,750 USD or more (this income level of Thanh Hoa people in 2024 is 3,360 USD).
Thanh Hoa also sets high targets for other important macroeconomic indicators, including total export value reaching 8 billion USD or more; total mobilized development investment capital reaching 140,000 billion VND or more; and state budget revenue reaching 45,492 billion VND or more.
Ba Ria Vung Tau: 11.72%
By the end of 2024, the gross regional domestic product (GRDP) of Ba Ria – Vung Tau reached its highest level in the past 10 years. This information was published in the Ba Ria – Vung Tau Newspaper , while the Department of Statistics of this province has not yet published the report on its website.
In 2024, the province will achieve and exceed 36/37 socio-economic targets. GRDP (excluding oil and gas) increased by 11.72%, higher than the estimate and the highest increase in the past decade. Average income per capita is more than 9,000 USD/year.
By the end of 2024, Ba Ria - Vung Tau attracted a total investment capital of more than 93,000 billion VND, of which FDI capital was more than 2 billion USD and domestic capital was 42,000 billion VND, more than double that of 2023.
The project investment rate of this province is said to be the highest among the top 5 provinces and cities in the country in attracting investment. With nearly 490 FDI projects, the total registered investment capital is more than 33.3 billion USD, an average of 1 project has a capital of about 68 million USD. The value of industrial production excluding crude oil and gas increased by 12.91%. In particular, the processing and manufacturing industry continues to play a driving role in economic growth.
Hai Phong: 11.01%
The growth rate of gross regional domestic product (GRDP) in 2024 of Hai Phong City is estimated at 11.01%, the 10th consecutive year of maintaining double-digit growth.
The economic scale is increasingly expanding, marking the first year the city has entered the group of 5 provinces and cities with the largest economic scale in the country (including Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai, Hai Phong). Many major socio-economic indicators were completed earlier than expected, exceeding the set plan, the material and spiritual life of the people continued to improve.
The total product in the city is estimated at 288,492 billion VND. The processing and manufacturing industry accounts for 45.12% of GRDP, continuing to be the growth driver of the city's economy with a growth rate of 14.84%, contributing 7.1 percentage points.
The scale of GRDP (at current prices) in 2024 is estimated at 445,995 billion VND (equivalent to 18,362.8 million USD), ranking 5th in the country. The economic structure by sector is as follows: Agriculture - forestry - fishery accounts for 3.15%, industry - construction accounts for 53.08%, trade - services accounts for 38.52%.
Ha Nam: 10.93%
According to the announcement of the Ha Nam Provincial Statistics Office, in 2024, the province's socio-economic situation will continue to achieve important results. GRDP is estimated at more than 56,116 billion VND, an increase of 10.93% compared to 2023, the second highest in the Red River Delta region, after Bac Giang.
The industrial and construction sector, which accounts for a large proportion of the economy, continued to grow well, contributing 8.77 percentage points to GRDP growth, in which the industrial sector played a leading role with a growth rate of 15.02%, contributing 8.4 percentage points to GRDP growth.
GRDP per capita in 2024 (at current prices) is estimated at 109.8 million VND, an increase of 12.5% compared to 2023. The economic structure in 2024 continues to shift towards increasing the proportion of industry - construction and reducing the proportion of agriculture and services.
Development investment capital in the province is estimated at more than 45,678 billion VND, an increase of 7.2% compared to 2023. State budget revenue in 2024 is estimated at 16,958.1 billion VND, an increase of 21.3% compared to the previous year and equal to 105.5% compared to the local estimate. Total retail sales of goods and service revenue is estimated at 54,503 billion VND, an increase of 15.4% compared to 2023...
Lai Chau: 10.52%
According to the Lai Chau Provincial Statistics Office, 2024 is a year with many advantages for this locality. The locality's advantages have brought about increased electricity resources, good inflation control, promoting economic development; social security is well implemented, people's lives are more stable; national defense and security are maintained, and foreign relations and international cooperation are expanded.
Estimated GRDP in 2024 (at 2010 comparative prices) is 15,038 billion VND, the growth rate is estimated at 10.52%, the highest increase in the period 2020-2024. Lai Chau's growth ranks 2nd out of 14 provinces in the Northern Midlands and Mountains region.
Lai Chau's economic growth rate of 10.52% in 2024 is mainly from the electricity production and distribution industry, accounting for 31.99% of the total product in the area, an increase of 29.92% over the same period last year.
In the past year, Lai Chau had 11 new hydroelectric plants completed and put into operation with a total installed capacity of 188.3 MW. Along with the rainy weather conditions that increased electricity output, it created conditions for electricity production and distribution activities to grow strongly compared to the previous year.
In addition, the production of other non-metallic mineral products increased quite high, up 269.03% over the same period last year. Some industries with large proportions such as agriculture, forestry and fishery accounted for 14.82% of GRDP, up 4.69%; education accounted for 8.01% of GRDP, up 5.27%.
Besides the industries with large and increasing proportions, the construction industry accounts for 9.54% of GRDP, down 6.65% compared to the previous year due to prolonged rainy weather for many months and slow disbursement progress.
Hai Duong: 10.2%
According to the assessment of the Hai Duong Provincial Statistics Office, in 2024, despite having to bear the direct impact of storm No. 03 (super typhoon Yagi) and many other unfavorable factors, it is expected that this province will still have 13/15 targets achieved and exceeded the set plan.
Hai Duong province's economic growth in 2024 is estimated at 10.2%; the 3rd highest out of 11 in the Red River Delta region (after Hai Phong; Ha Nam).
The province's economic scale is estimated at 212,386 billion VND, continuing to rank 11th nationwide. The province's average GRDP per capita is estimated at 107.4 million VND/person (equivalent to 4,456 USD/person); ranking 8th/11 in the Red River Delta.
Contributing to the overall growth of 10.20%, the agriculture, forestry and fishery sector contributed 0.2 percentage points; industry and construction contributed 7.21 percentage points; services contributed 1.98 percentage points; taxes and product subsidies contributed 0.81 percentage points.
The Provincial People's Committee has developed a scenario of GRDP at comparable prices in 2025 reaching 132,632 billion VND, an increase of 12% compared to 2024. Total state budget revenue reaches 31,900 billion VND. Total social investment capital reaches 80,850 billion VND, an increase of 25.7%.
The local target of attracting FDI this year is from one billion USD or more. Construction of 20 key and important projects has started; 7 social housing development projects (equivalent to 4,515 apartments).
Khanh Hoa: 10.16%
According to the announcement of the representative of Khanh Hoa Provincial People's Committee, in 2024, 22/22 socio-economic targets of the province all met and exceeded the plan set out in the resolution of the Provincial People's Council, which is the third consecutive year that Khanh Hoa province is in the group of provinces and cities achieving "double-digit" economic growth rate.
Of which, GRDP increased by 10.16% compared to 2023, ranking 2nd in the North Central and Central Coast regions.
State budget revenue completed the plan 2 months ahead of schedule with total revenue reaching VND 20,443.2 billion, up 13.6% compared to 2023 and exceeding the plan by 22.5%.
The province's key sectors all achieved impressive growth rates, such as: Industrial production increased by 27.15%; consumer services increased by 13.3%; export turnover increased by 16.5% over the previous year.
In particular, the tourism industry grew strongly with 10.8 million visitors, including about 4.7 million foreign visitors. Total tourism revenue reached VND 53,151 billion, an increase of 56.4% compared to 2023.
In addition, key national and provincial projects and works have been directed to accelerate progress; public investment disbursement has been resolutely implemented, focusing on resolving problems related to land and site clearance, etc.
Khanh Hoa provincial leaders said that the province aims to achieve a growth rate of 10-10.5% in 2025 - a year of acceleration, breakthrough, entering a decade of "double-digit" growth; striving to achieve the highest results of the targets of the 5-year plan 2021-2025.
Tra Vinh: 10.06%
According to information from the Tra Vinh Provincial Statistics Office, in 2024, the locality's GRDP is estimated to increase by 10.04% compared to 2023, increasing in all three regions.
Of which, the agriculture, forestry and fishery sector increased by 4.15%, contributing 1.26 percentage points; the industry - construction sector increased by 20.23%, contributing 6.56 percentage points; the service sector increased by 6.46%, contributing 2.05 percentage points.
The high growth of the industrial and construction sector and the electricity production industry mainly determines the growth rate of the entire industry and greatly affects the growth rate of the entire economy.
The total added value of the entire industry in 2024 increased by 22.89% over the same period last year, contributing 6.89 percentage points to the total added value growth of the entire economy. The electricity production industry is the growth driver of the entire economy with a growth rate of 27.1%, contributing 5.69 percentage points.
Regarding the economic structure of Tra Vinh in 2024, the agriculture, forestry and fishery sector accounts for 27.31%; the industry and construction sector accounts for 38.6%; the service sector accounts for 29.03%; product taxes minus product subsidies account for 5.06% (The corresponding structure in 2023 is 28.34%; 35.92%; 30.31%; 5.43%).
The province's GRDP scale at current prices in 2024 is estimated at VND 96,623 billion. GRDP per capita in 2024 at current prices is estimated at VND 94.37 million/person, an increase of VND 12.04 million compared to 2023.
Nam Dinh: 10.01%
According to Mr. Le Manh Hong, Director of the Department of Statistics of Nam Dinh province, the socio-economic situation of Nam Dinh province in 2024 will remain stable and develop.
The total product in the area in 2024 at 2010 comparative prices is estimated to reach 61,222 billion VND, an increase of 10.01% compared to 2023, a high increase in the region (ranked 4th out of 11 provinces) and the whole country.
The economic scale of Nam Dinh province in 2024 at current prices is estimated to reach 113,329 billion VND, an increase of 14.78% compared to 2023. GRDP per capita at current prices is 59.83 million VND/person, an increase of 14.35% over the previous year.
In terms of economic structure, the agriculture, forestry and fishery sector accounts for 17.7%; the industry and construction sector accounts for 43.5%; the service sector accounts for 35.68%; product taxes minus product subsidies account for 3.12%.
The industrial production index of the whole province in 2024 is estimated to increase by 14.56%; Realized investment capital in the area is estimated at 62,420 billion VND, up 18%. Total retail sales of goods and service revenue is estimated at 78,080 billion VND, up 13.8%.
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