Phu Tho province’s industrial recovery and expansion were clearly evident, particularly in major industrial parks. The industrial production index rose an estimated 26.8%, representing a significant breakthrough. Manufacturing and processing, the primary growth driver, increased 29.3%, reflecting the strong performance of FDI enterprises in electronics, precision engineering, and electrical equipment. Large projects such as Compal, Arcadyan, BH Flex, and Cammsys operated steadily and acted as anchors for growth, encouraging many supply chain companies to expand their investments.

Output of key products increased sharply, showing stable market demand and strong production capacity. Laptop output rose 32.3% and electronic components increased 21.5%, confirming that electronics remained a leading sector. Traditional industries such as cement and ceramic tiles also grew 19 to 25%, indicating renewed activity in the construction market. Meanwhile, automobile and motorcycle output declined slightly due to competition from electric vehicles and the saturation of motorcycle demand, reflecting shifts in consumer preferences.

The province’s agriculture, forestry, and aquaculture remained stable despite the impacts of natural disasters and disease, supported by timely provincial measures. Support for farmers to restore production, the expansion of high-technology applications, and the development of concentrated production zones helped major crops achieve yield increases. Rice, corn, vegetables, tea, grapefruit, and banana all grew by 2 to 8%, demonstrating the sector’s resilience. Livestock farming continued moving toward larger-scale operations with improved biosecurity. Although the pig herd declined due to disease, poultry and cattle increased slightly, ensuring supply. Aquaculture grew 5.3%, with output approaching 84,000 tons. Forest coverage reached 43.52%, keeping Phu Tho among the provinces with the highest forest cover in the region.

Phu Tho province’s trade and services continued to grow, keeping pace with rising consumer demand. Total retail sales and service revenue exceeded VND200,000 billion, up 14.8%, reflecting a strong recovery in purchasing power. Import and export activity remained stable, with export turnover reaching US$36.8 billion, up 5.1%, and imports at US$36.0 billion, up 3.7%, reflecting industrial expansion and increasing demand for input materials. Tourism also remained a highlight, with the province welcoming 14.5 million visitors, up 11%, and generating VND14,800 billion in revenue, up 11.1%, demonstrating the strong appeal of cultural and historical attractions and year-round events.

Phu Tho’s transport services grew steadily, generating revenue of nearly VND20,000 billion, up 18.7%. At the same time, slightly lower deposit and lending interest rates facilitated easier access to capital for businesses. Total mobilized capital reached VND320,000 billion, and outstanding loans reached VND340,000 billion, both recording double-digit growth.

With a stable foundation and positive growth indicators, Phu Tho continued to strengthen its position as an economic highlight in the midland and northern mountainous region in 2025.