The southern city targeting an annual growth of 10% in 2026.

Ho Chi Minh City recorded positive economic growth in the
first month of 2026, showing a stronger recovery compared to the same period
last year, according to the municipal People’s Committee.

Total retail sales of goods and consumer service revenue
were estimated to rise 16.4% year-on-year, reflecting a rebound in purchasing
power and domestic consumption, supported by targeted promotional programs and
a stable macroeconomic environment.

Industrial production also posted robust gains, with the Industrial
Production Index (IIP) climbing 29.6% over the same period last year. The manufacturing
sector led the surge, expanding 34.5%.

Meanwhile, import-export activities showed solid momentum,
with export turnover reaching $8.1 billion, benefiting from international
economic agreements and preferential tariff schemes.

In terms of foreign investment, the city attracted $372.8
million in registered capital, a decline of 62.1% year-on-year.

Business formation remained vibrant, with 5,045 newly
established enterprises in January, up 50.6% from a year earlier. Total newly
registered capital reached VND36.15 trillion ($1.38 billion), an increase of 55.9%.

The city targets an economic growth of 10% in 2026.

VnEconomy-Thanh Thủy