Ho Chi Minh City's economy expanded 8.55% in the first half of 2026, its strongest first-half growth in 10 years and above the national average, according to city officials.
However, the southern city missed its double-digit threshold.
Mr. Hoang Vu Thanh, Director of the city's Department of Finance, said the local economy maintained solid momentum during the first six months of the year, with most key indicators meeting or exceeding planned targets.
The city's gross regional domestic product (GRDP) at current prices was estimated at VND1.55 quadrillion ($59.2 billion).
Industrial production remained a key growth driver, with the Index of Industrial Production (IIP) rising 11.1%, including an 11.5% increase in the manufacturing and processing sector. Retail sales of goods and consumer service revenue climbed 13.2% year-on-year to VND967.5 trillion ($36.7 billion).
The services and tourism sectors also posted robust gains. Tourism revenue surged 63.9% to nearly VND214 trillion ($8.13 billion), while international visitor arrivals reached 6.39 million and domestic tourist numbers totaled 27.31 million.
Exports increased 5% to $47.61 billion, while imports rose 9.79% to $53.08 billion.
The city's investment climate continued to improve, attracting more than $7.5 billion in foreign direct investment during the period, an increase of nearly 90% compared with the first half of 2025.
