Dong Nai’s economic outlook for 2025: Confidence backed by numerous bright spots

The year 2025 holds particular significance for Dong Nai Province. It is the final year of the 2021–2025 socio-economic development plan, regarded as a year of acceleration and breakthrough aimed at achieving the highest possible results in line with the set targets, in celebration of Party congresses at all levels heading toward the 14th National Party Congress. At the same time, the province is actively preparing and consolidating the foundation needed to successfully implement the national 10-year Socio-Economic Development Strategy for 2021–2030, confidently entering a new era of strong, prosperous growth.

The Dong Xoai III Industrial Park (Binh Phuoc Ward) is currently a top choice for investors. Photo: Phu Quy

With this significance, under the leadership and directives of the Party and the State, the entire political system, business community, and citizens of the province have made concerted efforts to fulfill the year’s objectives, striving for breakthrough development and confident progress.

GRDP grows 9.63%, surpassing the Government’s target

On December 1, the General Statistics Office (Ministry of Finance) released preliminary GRDP data for the third quarter, the first nine months, and estimated figures for the fourth quarter and the whole year 2025 for Dong Nai Province. Accordingly, Dong Nai’s GRDP in Q4 is estimated to grow 10.73%, the highest in the Southeast region and ranking 4th among 34 provinces and cities. GRDP growth for the entire year 2025 is estimated at 9.63%, also the highest in the Southeast and ranking 7th nationwide.

According to the statistics agency, in 2025, the industrial–construction sector is estimated to grow by 11.52%; services by 9.39%; agriculture–forestry–fishery by 3.22%; and product taxes minus subsidies by 8.67%.

Thus, with a full-year GRDP growth rate of 9.63%, Dong Nai exceeds the government’s target by 1.13 percentage points (target: 8.5%), marking the highest growth rate in the country.

This impressive result reaffirms Dong Nai’s position as a key industrial–services hub, a regional economic engine, and one of the leading localities nationwide in adaptability and economic recovery speed.

According to the Provincial People’s Committee, these achievements stem from the firm, consistent direction of the Provincial Party Committee, the Standing Committee, and the Provincial People’s Committee, as well as close coordination among departments and agencies. Together, these bodies have proposed solutions to remove bottlenecks, support enterprises in restoring production, stimulate investment, and optimize resource use.

The province also established the Dong Nai Socio-Economic Advisory Group, comprising many leading experts, to advise the provincial government on medium- and long-term development strategies, annual socio-economic plans, public investment disbursement, and administrative reforms.

Information from the Provincial People’s Committee indicates that Dong Nai’s GRDP in 2025 is estimated to reach 690 trillion VND, with GRDP per capita estimated at 152.88 million VND.

The industrial sector remains the primary driver of Dong Nai’s economic growth, aligning with the province’s focus on industrialization and modernization. Industry accounts for approximately 50% of the province’s GRDP, with manufacturing and processing contributing the most to overall growth. The driving force behind this growth lies in stable macroeconomic conditions and the recovery of orders across various industries. Many enterprises have secured new contracts and expanded their markets, accelerating production throughout the year.

The services sector has undergone a significant transformation, expanding in both scale and diversity, particularly in areas such as transport, telecommunications, information technology, finance, banking, and tourism. These developments have played an essential role in advancing the province’s economic restructuring goals. The service sector’s share of the province’s total value added has increased year after year.

First year expected to surpass 100 trillion VND in state budget revenue

2025 is projected to be the first year Dong Nai reaches 100 trillion VND in state budget revenue. Of this, domestic revenue is estimated at over 77.7 trillion VND, equivalent to 147% of the 2025 target; revenue from import–export activities is expected to exceed 22.2 trillion VND, reaching 103% of the target.

According to Nguyen Toan Thang, Head of Dong Nai’s Tax Department, key contributors to domestic revenue include value-added tax and corporate income tax. Notably, successful land auctions for several projects have significantly boosted state budget collections.

Looking ahead, Dong Nai will continue to reinforce budget management measures to ensure it meets or surpasses its annual revenue targets.

On import–export activities, the Region XVIII Customs Sub-Department (Dong Nai) reports that several imported product groups have contributed to increased revenue. The taxable import value increased by nearly 559 million USD, raising state budget collections by more than 1.46 trillion VND compared to the same period in 2024.

Regarding investment attraction, Dong Nai has intensified efforts to attract domestic and foreign investment, as well as promote trade. By late November 2025, the province had attracted over 162 trillion VND in domestic investment and more than 3 billion USD in foreign direct investment (FDI), surpassing its 2025 investment targets.

According to Pham Viet Phuong, Acting Deputy Head of the Management Board of  Dong Nai Economic and Industrial Zones Authority, electronics, electronic components, and mechanical engineering are expected to remain key growth drivers in 2025. New investment projects are expected mainly in semiconductor manufacturing, electronic components, mechanical engineering, textiles, metal products, and related industries.

Transport infrastructure – a crucial growth engine

Construction is another major contributor to GRDP growth in 2025. The surge in public investment and the implementation of key infrastructure projects have strongly stimulated the construction sector.

General Secretary To Lam and the Central delegation inspect the progress of the Long Thanh International Airport Project on November 13, 2025. Photo: Cong Nghia

Several national infrastructure projects, including Long Thanh International Airport, the Bien Hoa–Vung Tau Expressway, the Ben Luc–Long Thanh Expressway, Ho Chi Minh City’s Ring Road 3, and many key provincial projects, are scheduled for substantial completion in 2025. To meet this target, investors and contractors have accelerated construction progress.

In addition to ongoing projects, numerous major provincial projects were newly launched in 2025, creating a strong multiplier effect for the construction industry.

During August and September 2025, numerous projects and works with a total investment of tens of trillions of VND were simultaneously commenced and put under construction across the province. And in December 2025 alone, the province plans to inaugurate, commence, and conduct the technical opening of 22 major projects and works in celebration of the 14th National Party Congress, with a total investment amounting to tens of trillions of VND.

In addition, thanks to the strong implementation of construction projects, the production of construction materials has likewise become more vibrant.

According to Provincial Party Committee member and Vice Chairman of the Dong Nai Provincial People's Committee Ho Van Ha, the province has determined that to achieve GRDP growth, public investment capital, particularly funding for transport infrastructure and basic construction projects, must be quickly allocated to projects and disbursed based on actual construction volume. Only when capital is effectively converted into construction output can it drive growth, especially in the construction sector, which serves as the “locomotive” pulling the development of many other sectors.

With these economic “bright spots,” Dong Nai is seizing a “golden opportunity” to accelerate its breakthrough growth toward the goals of green, prosperous, cultured, and modern development, ensuring that its people enjoy rising prosperity and well-being. The province has set a strong determination to basically meet the criteria of a centrally governed city by 2030. These achievements will form a solid foundation for maintaining sustainable growth momentum in the future and contribute significantly to the nation’s overall development.

By Ngoc Lien, Pham Tung, Ha Le – Translated by Trieu Ngan, Minho