Conclusion No. 106-KL/TW of 15 October 2026, adopted at the fourth plenum of the 14th Party Central Committee and signed by General Secretary and State President To Lam on behalf of the Central Committee, sets 2027 GRDP growth targets for Vietnam's 34 provinces and cities, ranging from 8.7% to 13%. According to Thanh Nien and VnExpress, 30 of the 34 localities have targets of 10% or more.

The targets support the national goal: the National Assembly has passed its resolution on the 2027 plan, aiming for economic growth of at least 10%.

Growth leaders

Hai Phong has the highest target in the country at 13%, followed by Quang Ninh at 12%. Hanoi is in the group at 11% or above, alongside localities such as Da Nang, Dong Nai, Thanh Hoa and Phu Tho. Ho Chi Minh City has a target of 10.4%, according to Thanh Nien.

At the lower end, Son La's target is 9.3%, Quang Tri and Quang Ngai 9%, and Dong Thap 8.7%, the lowest among the 34 localities.

Built on nine-month 2026 results

According to Thanh Nien, national GDP grew 9.01% year on year in the first nine months of 2026, with industry and construction up 11.21%, services 8.69% and agriculture 4.02%. The nine-month GRDP leaders were Quang Ninh at 12.54%, Ha Tinh 12.36%, Hai Phong 12.08%, Bac Ninh 11.81% and Ninh Binh 11.31%.

These results show momentum in northern industrial and port hubs, which underpins their higher targets for next year.

Accompanying targets

Beyond GRDP, the 2027 plan targets GDP per capita of about US$6,100, industrial production index growth of 11.5-12.5%, an urbanisation rate of 54% and average life expectancy of 74.8 years.

Assigning specific targets to each locality creates constructive pressure for provinces and cities to speed up public investment disbursement, improve the business environment and attract capital to contribute to the national goal.

Key takeaways