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Economy, jobs and prices in Ho Chi Minh, Vietnam: official figures

Gross regional domestic product (GRDP) per person in Ho Chi Minh City was 170.6 million dong at current prices in 2023 (4th highest of 63 provinces and cities); the national figure was 102.9 million dong.

What is labour productivity in Ho Chi Minh City?

Labour productivity in Ho Chi Minh City was 345.7 million dong per worker at current prices in 2023 (4th highest of 63 provinces and cities); the national figure was 201.2 million dong per worker.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How big is the labour force of Ho Chi Minh City?

Ho Chi Minh City had a labour force aged 15 and over of 4,915.1 thousand people in 2024 (average over the year, whole city), compared with 52,942.3 thousand people across Viet Nam.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many people are employed in Ho Chi Minh City?

Ho Chi Minh City had 4,754.3 thousand people in employment in 2024 (average over the year, preliminary), compared with 51,860.3 thousand people across Viet Nam.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What is the unemployment rate in Ho Chi Minh City?

Ho Chi Minh City had an unemployment rate of 3.42% among people of working age in 2024 (9th highest of 63 provinces and cities); the national rate was 2.24%.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What is the underemployment rate in Ho Chi Minh City?

Ho Chi Minh City had an underemployment rate of 1.07% in 2024 (18th lowest of 63 provinces and cities); the national rate was 1.85%.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What share of workers in Ho Chi Minh City are in informal employment?

45.6% of employed people in Ho Chi Minh City were in informal employment in 2024 (4th lowest of 63 provinces and cities); the national figure was 64.5%.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What share of workers in Ho Chi Minh City are trained?

37.5% of the labour force aged 15 and over in Ho Chi Minh City had received training in 2024 (6th highest of 63 provinces and cities); the national figure was 28.4%.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What is the average monthly income in Ho Chi Minh City?

Average monthly income per employee in Ho Chi Minh City was 9,843 thousand dong in 2024 (3rd highest of 63 provinces and cities); the national average was 7,713 thousand dong.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many businesses are there in Ho Chi Minh City?

Ho Chi Minh City had 273,071 active enterprises on 31 December 2023 (the highest of 63 provinces and cities); Viet Nam had 921,372.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many businesses per 1,000 people are there in Ho Chi Minh City?

Ho Chi Minh City had 28.9 active enterprises per 1,000 residents on 31 December 2023 (the highest of 63 provinces and cities); the national figure was 9.2.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many new businesses were set up in Ho Chi Minh City?

Ho Chi Minh City saw 48,664 newly established enterprises in 2024 (the highest of 63 provinces and cities); Viet Nam had 157,240.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many people work for enterprises in Ho Chi Minh City?

Active enterprises in Ho Chi Minh City employed 2,872,436 people on 31 December 2022 (the highest of 63 provinces and cities); the national total was 15,341,632 people.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What is the average monthly pay at enterprises in Ho Chi Minh City?

Employees of active enterprises in Ho Chi Minh City earned an average compensation of 13,968 thousand dong a month in 2022 (the highest of 63 provinces and cities); the national average was 11,499 thousand dong.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What is the business turnover of Ho Chi Minh City?

Active enterprises in Ho Chi Minh City had net turnover of 8,121,198 billion dong in 2022 (the highest of 63 provinces and cities); the national total was 35,961,881 billion dong.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How fast is industry growing in Ho Chi Minh City?

Ho Chi Minh City's index of industrial production for 2024 was 107.3 (previous year = 100) (joint 20th lowest of 63 provinces and cities); the national index was 108.2.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many foreign investment projects are there in Ho Chi Minh City?

Ho Chi Minh City had 13,620 foreign direct investment (FDI) projects still in effect on 31 December 2024, the highest of 63 provinces and cities; Viet Nam had 42,002.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How much foreign investment has Ho Chi Minh City attracted?

Foreign direct investment projects in effect in Ho Chi Minh City on 31 December 2024 had total registered capital of US$ 58,957.0 million, the highest of 63 provinces and cities; the national total was US$ 502,820.9 million.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many new foreign investment projects did Ho Chi Minh City get in 2024?

Ho Chi Minh City licensed 1,416 new foreign direct investment projects in 2024, the highest of 56 provinces and cities with projects; Viet Nam licensed 3,375.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many supermarkets are there in Ho Chi Minh City?

Ho Chi Minh City had 273 supermarkets in 2024 (the highest of 62 provinces and cities); Viet Nam had 1,293.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many passengers are carried in Ho Chi Minh City?

Transport firms in Ho Chi Minh City carried 1,509.2 million passenger trips in 2024, 2nd highest of 63 provinces and cities; the national total was 5,409.8 million passenger trips (all modes).

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What share of people in Ho Chi Minh City use the internet?

92.9% of people in Ho Chi Minh City used the internet in 2024 (3rd highest of 63 provinces and cities); the national figure was 84.2%.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

How many households in Ho Chi Minh City have a computer?

40.4% of households in Ho Chi Minh City had a computer in 2024 (3rd highest of 63 provinces and cities); the national figure was 23.4%.

Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

What is the average wage in Ho Chi Minh City?

Wage workers in Ho Chi Minh City earned an average of 9,966 thousand dong a month from their main job in 2024 in the Labour Force Survey (2nd highest of 63 provinces and cities); the national average was 8,674 thousand dong.

Source: National Statistics Office of Viet Nam · saved copy

How much less do women earn than men in Ho Chi Minh City?

In Ho Chi Minh City, male wage workers earned 10,581 thousand dong a month and female wage workers 9,237 thousand dong in 2024, so women earned 87.3% of what men earned (national: 89.0%).

Source: National Statistics Office of Viet Nam · saved copy

Do rural workers in Ho Chi Minh City earn less than urban workers?

Wage workers in urban parts of Ho Chi Minh City earned an average of 10,240 thousand dong a month in 2024, against 9,042 thousand dong in its rural parts.

Source: National Statistics Office of Viet Nam · saved copy

What share of people in Ho Chi Minh City are in the labour force?

The labour force participation rate of people aged 15 and over in Ho Chi Minh City was 63.1% in 2024 (men 70.4%, women 56.4%) in the Labour Force Survey, 10th lowest of 63 provinces and cities; the national rate was 68.8%.

Source: National Statistics Office of Viet Nam · saved copy

What is the employment rate in Ho Chi Minh City?

61.0% of people aged 15 and over in Ho Chi Minh City were in work in 2024 (employment-to-population ratio; men 68.0%, women 54.6%), 8th lowest of 63 provinces and cities; the national ratio was 67.4%.

Source: National Statistics Office of Viet Nam · saved copy

How Ho Chi Minh compares with other cities in Vietnam

GRDP per person at current prices (million dong) (2023)

Ho Chi Minh ranks 2 of 5, highest first.

RankCityGRDP per person at current prices (million dong)
1Hai Phong187.9
2Ho Chi Minh170.6
3Ha Noi150.3
4Da Nang107.8
5Can Tho94.8
Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

Unemployment rate of working-age labour force (%) (2024)

Ho Chi Minh ranks 2 of 5, highest first.

RankCityUnemployment rate of working-age labour force (%)
1Can Tho3.82%
2Ho Chi Minh3.42%
3Hai Phong2.15%
4Da Nang1.86%
5Ha Noi1.77%
Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

Informal employment (% of employed people) (2024)

Ho Chi Minh ranks 4 of 5, highest first.

RankCityInformal employment (% of employed people)
1Can Tho69.8%
2Ha Noi51.8%
3Da Nang50.3%
4Ho Chi Minh45.6%
5Hai Phong43.1%
Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

Average monthly income per employee (thousand dong) (2024)

Ho Chi Minh ranks 2 of 5, highest first.

RankCityAverage monthly income per employee (thousand dong)
1Ha Noi10,815
2Ho Chi Minh9,843
3Hai Phong9,080
4Da Nang8,857
5Can Tho7,519
Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

Active enterprises per 1,000 inhabitants (2023)

Ho Chi Minh ranks 1 of 5, highest first.

RankCityActive enterprises per 1,000 inhabitants
1Ho Chi Minh28.9
2Ha Noi22.4
3Da Nang20.7
4Hai Phong10.0
5Can Tho8.3
Source: National Statistics Office of Viet Nam (formerly General Statistics Office) · saved copy

Average monthly earnings of wage workers, Labour Force Survey (thousand dong) (2024)

Ho Chi Minh ranks 2 of 5, highest first.

RankCityAverage monthly earnings of wage workers, Labour Force Survey (thousand dong)
1Ha Noi11,253
2Ho Chi Minh9,966
3Da Nang9,224
4Hai Phong9,218
5Can Tho7,201
Source: National Statistics Office of Viet Nam · saved copy

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Sources

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