Want to be in the loop?
subscribe to
our notification
Business News
QUẢNG NGÃI LEADS IN GRDP GROWTH IN FIRST HALF OF 2025
Quảng Ngãi Province achieved the highest gross regional domestic product (GRDP) growth in Việt Nam in the first half of 2025, reaching a record 11.51 per cent.

An oil refinery in Quảng Ngãi Province. The province recorded the highest GRDP growth rate in Việt Nam in the first half of the year. — Photo thanhnien.vn
QUẢNG NGÃI — Quảng Ngãi Province achieved the highest gross regional domestic product (GRDP) growth in Việt Nam in the first half of 2025, reaching a record 11.51 per cent.
At current prices, the province’s GRDP was estimated at around VNĐ67.4 trillion (approximately US$2.6 billion).
Industry and construction accounted for the largest share, followed by services and agriculture.
Under its former boundaries prior to the merger with Kon Tum Province, the growth rate was even higher, at 12.4 per cent.
The industry and construction sector of the new Quảng Ngãi Province served as the main growth driver, expanding by 21.38 per cent.
Industry grew by 22.59 per cent, driven by oil and steel production.
Several industrial sectors, including clothing production, metal manufacturing, electricity supply, and wastewater treatment, saw strong growth.
The services sector also rose by 8.6 per cent.
Tourism, accommodation, food services and private healthcare and education were promoted by events such as Quảng Ngãi Tourism Week, street festivals and the 80th anniversary of the historical Ba Tơ Uprising.
Despite the impacts of climate change, the agriculture, forestry and fisheries sector still posted growth of nearly three per cent, mainly from stable aquaculture and seafood output.
The results stem from the province's efforts to streamline administration, address investment challenges, expedite public capital disbursement, and support business expansion.
With the national GDP growth estimated at 7.5 per cent in the first half of the year—the highest rate in 15 years—the province’s top ranking underscores its growing role in the economic landscape of central Việt Nam and the country as a whole.
Bùi Thị Quỳnh Vân, secretary of the Provincial Party Committee, said that the province would build on this momentum to reach its annual targets.
“The province would continue to improve the investment environment, upgrade transport infrastructure and speed up key projects,” she said. VNS
Source: VNS
Related News
SENTRYSAFE CHW20201 - EFFECTIVE WATER RESISTANCE, MAXIMUM PROTECTION
In unexpected flooding situations, the most important thing is to keep your valuables dry and intact. SentrySafe CHW20201 is specially designed with superior water-resistant capabilities, helping protect documents, cash, and important belongings even when fully submerged. Proven in real testing: After water submersion, the documents inside remain dry - undamaged.
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.






















