AsemconnectVietnam - The first quarter of 2025 growth marked many localities, where industry became the main driving force, opening up expectations of realizing the 8% growth target.

The first quarter of 2025 ended with a bright growth picture in many localities. According to the General Statistics Office (Ministry of Finance), up to 43 localities had economic growth rates higher than the national average. Notably, the top 5 localities, Bac Giang (13.82%), Hoa Binh (12.76%), Nam Dinh (11.86%), Da Nang (11.36%) and Lai Chau (11.32%), all have one thing in common: Industry is the main driver of growth.
It is no coincidence that Bac Giang became the "bright spot" of the first quarter. With an industrial production index increasing by 26.58%, the added value of the industrial sector reaching 17.97%, the highest among the three regions, this province is affirming its role as an industrial pillar in the North. The leverage comes from a series of new factories coming into operation since the end of 2024, maintaining stable production, increasing revenue by 2.5-3 times compared to the same period.
Similarly, Hoa Binh rose to the second position in the country in terms of growth, with the main contribution from the industrial sector that the province is focusing on investing in. Nam Dinh also achieved an impressive growth rate of 11.86%, in which industry and construction contributed more than 7.3 percentage points, clearly demonstrating the spillover effect from industrial parks.
Da Nang, not only maintained its "form" in the fourth quarter of 2024, but also marked a leap in the first quarter of 2025 with a GRDP growth rate of 11.36%, the highest in the North Central and Central Coast regions. Industry and construction increased by 17.6%, services increased by 10.07%, showing that the city is gradually re-establishing a growth balance.
Lai Chau is a province in the Northern Midlands and Mountains region, the province's growth in the first quarter reached a high of 11.32%. To achieve a good growth rate, the province has focused on a number of key areas to promote economic development. In particular, it is necessary to pay attention to exploiting the potential of agriculture, forestry and fishery to achieve the growth target of this sector of about 5% in the period 2021-2025.
Thus, the localities leading the country in growth in the first quarter of 2025 such as Bac Giang, Hoa Binh, Nam Dinh, Da Nang and Lai Chau are not only "bright spots" in terms of growth, but also development models, regional linkage cores and pillars in the process of promoting the country's growth to achieve the target of 8% this year and reach double digits in the new era.
CK
Source: VITIC/congthuong.vn