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Economy, jobs and prices in Vinh Phuc, Vietnam: official figures

Gross regional domestic product (GRDP) per person in Vinh Phuc was 141.1 million dong in 2024 at current prices (preliminary), 9th highest of 63 provinces and cities; the national figure was 113.6 million dong. In 2020 it was 105.9 million dong.

How fast did the economy of Vinh Phuc grow in 2024?

The economy of Vinh Phuc (GRDP at constant 2010 prices) grew by 7.61% in 2024 (preliminary), 24th highest of 63 provinces and cities; national GDP grew by 7.04%.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is the average monthly income in Vinh Phuc?

Average monthly income per person in Vinh Phuc was 5,844 thousand dong in 2024 at current prices, 13th highest of 63 provinces and cities; the national average was 5,415 thousand dong.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is the average monthly salary in Vinh Phuc?

Average monthly income per employed person in Vinh Phuc was 8,719 thousand dong in 2024 (preliminary), against 7,713 thousand dong nationally.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is the unemployment rate in Vinh Phuc?

The unemployment rate of the working-age labour force in Vinh Phuc was 1.71% in 2024 (preliminary), 20th lowest of 63 provinces and cities; the national rate was 2.24%.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What share of workers are in informal jobs in Vinh Phuc?

53.2% of workers in Vinh Phuc were in informal employment in 2024 (preliminary), compared with 64.5% nationally; in 2020 the figure was 63.1%.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is labour productivity in Vinh Phuc?

Each worker in Vinh Phuc produced 286.0 million dong of output in 2024 (labour productivity at current prices, preliminary), against 221.9 million dong nationally.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How many people are in the labour force in Vinh Phuc?

Vinh Phuc had 614,100 people aged 15 and over in the labour force in 2024 (preliminary).

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How many new businesses were registered in Vinh Phuc in 2024?

1,511 new enterprises were established in Vinh Phuc in 2024, against 1,523 in 2023 (national total 157,240 in 2024).

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How much foreign investment did Vinh Phuc attract in 2024?

Foreign direct investment licensed in Vinh Phuc in 2024 came to 33 projects with registered capital of 248.2 million US dollars (national total: 3,375 projects, 38,226.2 million US dollars).

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How large are retail sales in Vinh Phuc?

Retail sales of goods and services in Vinh Phuc were 81.55 trillion dong in 2024 (preliminary, current prices), 25th highest of 63 provinces and cities.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is the Human Development Index of Vinh Phuc?

The Human Development Index (health, education and income combined) of Vinh Phuc was 0.783 in 2024 (preliminary), 8th highest of 63 provinces and cities; the national index was 0.752.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How many people use the internet in Vinh Phuc?

89.3% of people in Vinh Phuc used the internet in 2024, against 84.2% nationally.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What share of workers in Vinh Phuc have a vocational or university qualification?

37.3% of the labour force aged 15 and over in Vinh Phuc had a vocational or higher qualification in 2024 (preliminary), against 28.4% nationally.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How Vinh Phuc compares with other provinces

GRDP per person, 2024 (million dong, current prices) (2024)

Vinh Phuc ranks 9 of 63, highest first. Preliminary figures

RankRegionGRDP per person, 2024 (million dong, current prices)
6Ha Noi162.9 million dong
7Bac Ninh159.1 million dong
8Dong Nai142.3 million dong
9Vinh Phuc141.1 million dong
10Da Nang City119.3 million dong
11Hung Yen117.7 million dong
12Thai Nguyen114.5 million dong
Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

Unemployment rate of the working-age labour force, 2024 (2024)

Vinh Phuc ranks 44 of 63, highest first. Preliminary figures

RankRegionUnemployment rate of the working-age labour force, 2024
41Da Nang City1.86%
42Binh Duong1.81%
43Ha Noi1.77%
44Vinh Phuc1.71%
45Hung Yen1.66%
46Thai Nguyen1.66%
47Lao Cai1.60%
Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

Average monthly income per person, 2024 (thousand dong) (2024)

Vinh Phuc ranks 13 of 63, highest first.

RankRegionAverage monthly income per person, 2024 (thousand dong)
10Quang Ninh5,900 thousand dong
11Hai Duong5,881 thousand dong
12Hung Yen5,867 thousand dong
13Vinh Phuc5,844 thousand dong
14Bac Ninh5,751 thousand dong
15Ba Ria - Vung Tau5,704 thousand dong
16Thai Binh5,700 thousand dong
Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

More on Vinh Phuc: overview · health · education and schools · poverty and living standards · government budget · Vietnam

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