HCM City sees strong economic momentum in 4M

by | May 10, 2026 | Asia

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The growth marked by a sharp rise in foreign direct investment (FDI), growing business activity, and sustained expansion in trade and tourism.

Ho Chi Minh City has posted encouraging economic results in
the first four months of 2026, marked by a sharp rise in foreign direct
investment (FDI), growing business activity, and sustained expansion in trade
and tourism.

According to Mr. Hoang Vu Thanh, Director of the city’s
Department of Finance, total FDI inflows—including newly registered capital,
capital contributions, share purchases, and acquisitions in domestic
firms—reached nearly $3.3 billion from the beginning of the year, accounting
for 30.2% of the annual target and surging 127.1% year-on-year.

The city’s total retail sales of goods and consumer service reached nearly VND639.3 trillion ($24.3 billion) in the first four
months, representing a 13.2% increase year-on-year. 

Tourism remained a bright spot in the 4-month period, with  international arrivals reaching nearly 4.78 million, fulfilling 43.5% of the annual target, and domestic tourist numbers hitting around 19.2 million, or 38.4% of the yearly goal. Total
tourism revenue climbed to approximately VND172 trillion ($6.54 billion),
completing 52.1% of the annual target.

Meanwhile, the city’s export turnover in April was estimated
at $8.5 billion, up 8.79% year-on-year, bringing the four-month total to around
$30.91 billion, a 4.25% increase.

VnEconomy-Thanh Thủy

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Written by Albert Pham, News Curator and Blogger

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