Ninh Binh’s GRDP expands to reach 10.65% in 2025

In the 2025, the province’s gross regional domestic product (GRPD) was estimated to reach 187 trillion VND (8,2 trillion USD), up 10.65% from the previous year and rising to third place among the country’s 34 provinces and cities in terms of growth.

In which, the industry and construction sector was the main driver of economic growth with an increase of 13.7%. The economic scale was expanded; and GRDP per capita hit 89.2 million VND, up 13%.

The economic structure has shifted positively, with industry and construction accounting for 47.05% and services for 34.39%. Industry grew by 14.7%, continuing to be the main driver of growth.

In 2025, the province's state budget revenue reached approximately 78 trillion VND (over 2.96 billion USD), exceeding the targets set by the Government and the Provincial People's Council, thus contributing to ensure resources for investment development and social welfare.

Industrial production maintains high growth rate with the year-on-year increase of 22.77%.

Numerous key industrial production enjoyed sound growth, thus contributing to the overall economic growth.

The trade and service sector has witnessed strong performance. Total retail sale and service saw an increase of 18.9%.

The tourism witnessed impressive growth with the number of tourist arrivals up 26.6% against same period last year and earned 21 trillion VND in revenue, posting a year-on-year of 36.7% and exceeding yearly plan of 18%.

Culture, social welfare have been ensured while political security, social order have been maintained.

Ninh Binh targets to reach economic growth rate at least at 11% in 2026 and following years.