ho chi minh city lacks international-scale private corporations, while small and medium-sized enterprises' expansion capabilities are "very weak", according to experts.
Ho Chi Minh City's gross regional domestic product (GRDP) in Q1 is estimated to have increased by 8.27% year-on-year, marking the highest growth in the past five years, according to the Ho Chi Minh City Statistics Office. This surge provides a crucial foundation for the city's economic acceleration throughout 2026.