In the first quarter of 2026, Ho Chi Minh City achieved a remarkable economic growth of 8.27 percent, marking its highest performance for this timeframe in five years. This achievement underscores the city's resilience and ability to rebound amidst global economic challenges such as higher logistics expenses and energy costs.
The growth was predominantly fueled by the service sector, which expanded by 8.91 percent and accounted for more than half of the city’s economic contributions. Key sectors like transportation, logistics, and e-commerce have significantly enhanced their activity, with transport and warehousing seeing an impressive growth of over 12 percent.
Investment momentum also surged, as foreign direct investment (FDI) reached nearly 2.9 billion US dollars, reflecting an impressive rise from the previous year. The city has drawn considerable investments in technology, manufacturing, and digital services, affirming its status as a vital economic center in the region.
As the city looks forward, it aims to sustain this promising growth trajectory by prioritizing infrastructure advancements, fostering the digital economy, and promoting innovation. Authorities have set an ambitious goal of over 10 percent economic growth for 2026, backed by strategic policy reforms and developmental initiatives.
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