Current Affairs

Nghe An's economy is projected to reach US$9.4 billion by 2025.

Thanh Duy January 6, 2026 08:55

Nghe An's economy recorded a GRDP growth rate of 8.44% in 2025, higher than the national average growth rate (8.02%), ranking 3rd in the North Central region and 13th among all localities.

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GRDP growth figures for 34 provinces and cities in 2025. Source: General Statistics Office (Ministry of Finance). Graphics: Thanh Duy

According to statistics from Nghe An province, the local economy has shown significant improvement quarter by quarter. In the first quarter, GRDP increased by 6.95%; in the second quarter, it peaked at 10.03%; in the third quarter, it increased by 8.47%; and in the fourth quarter, it reached 8.05%.

In terms of contributions to overall growth, the industrial and construction sector was the main driver of economic growth with an increase of 13.35%. The industrial sector alone increased by 15.54% compared to the previous year; within this, the manufacturing industry continued to play a leading role with an increase of 10.87%.

The services sector continued to grow by 7.5%. Product taxes less product subsidies increased by 6.8%. Despite being significantly affected by adverse weather conditions, including severe cold spells at the beginning of the year and several major storms at the end of the year causing localized flooding, the agriculture, forestry, and fisheries sector still grew by 2.66%.

The economic structure continues to shift in a positive direction, gradually reducing the proportion of agriculture and increasing the proportion of industry, construction, and services. By 2025, the agriculture, forestry, and fisheries sector will account for 20.9%; industry and construction 30.89%; services 43.7%; and product taxes less product subsidies 4.51%.

From a regional perspective, the General Statistics Office (Ministry of Finance) reports that the GRDP of the North Central region is estimated to increase by 8.37% in 2025, contributing 6.47% to the overall national growth. The region's growth drivers mainly come from the processing and manufacturing industry, energy, and the recovery of tourism and services; with Nghe An and Thanh Hoa playing a prominent role. Nghe An alone, with a growth rate of 8.44%, will contribute approximately 1.17% to the national economic growth in 2025.

However, when viewed within the overall context of the Vietnamese economy, Nghe An's economic scale and per capita income still lag behind the general average.

Một góc xã Quỳnh Phú hôm nay. Ảnh: Xuân Hoàng
A view of Quynh Phu commune. Photo: Xuan Hoang

In 2025, the province's GRDP at current prices is estimated to reach approximately VND 236,500 billion, equivalent to USD 9.4 billion, accounting for about 1.8% of the national GDP (USD 514 billion). Meanwhile, Nghe An's GRDP per capita at current prices is estimated at VND 68 million (USD 2,689), approximately 53% of the national average of VND 125.5 million (USD 5,026).

To narrow the gap with the general average, Nghe An aims for an average GRDP growth rate of 12% or higher during the 2026-2030 period, with a target of achieving an average GRDP per capita of approximately 165-190 million VND by 2030. The Nghe An Provincial Party Committee recently issued an Action Program to implement the "double-digit" growth target for the 2026-2030 period and to continue rapid and sustainable growth until 2045.

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Nghe An's economy is projected to reach US$9.4 billion by 2025.
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