According to data from the Statistics Department (Ministry of Finance) and Provincial Statistics, Hung Yen's GRDP in the first quarter of 2026 increased by 10.62%, 0.62 percentage points higher than the operating scenario of the Provincial People's Committee.
In the second quarter, growth continued to reach about 10.81%, exceeding 0.21 percentage points compared to the target. Accumulated in the first 6 months of the year, GRDP increased by 10.72% compared to the same period in 2025, putting Hung Yen ranked 5th in the country in terms of economic growth rate.
According to Hung Yen Provincial People's Committee, this result reflects the effectiveness of drastic direction and administration to realize the double-digit growth target right from the beginning of the year. In the GRDP structure, the industrial and construction sector continues to be the main driving force, accounting for 53.9%.
The investment environment continues to improve when 2,870 new businesses were established in the first 6 months of the year, an increase of 20.7% compared to the same period. These businesses are expected to supplement production capacity, create more jobs and contribute to local economic growth.
According to the Provincial People's Committee, the growth results also come from the advantage of a new development space after arranging administrative units. On that basis, the province focuses on effectively exploiting the marine economy, rationally developing river and coastal resources, and promoting maritime, seaport, river port, inland port and logistics services associated with regional and global supply chains.
To complete the double-digit growth target in 2026, Chairman of the Provincial People's Committee Nguyen Manh Quyen said that Hung Yen continues to take industry as the main driving force, while developing services, logistics and the marine economy.
The province sets a target to establish 6-8 more industrial parks, complete site clearance of over 1,000 hectares, invest in infrastructure of over 500 hectares and achieve an additional production value of enterprises inside and outside the industrial park of about 94,560 billion VND.
Hung Yen also sets a target to disburse 100% of public investment capital in 2026, creating added value of over 80,000 billion VND; and at the same time review and cut about 30% of medium-term public investment projects to focus resources on key projects, strengthen inter-regional connectivity and promote sustainable growth.
