Where Money Moves

Lao Cai Lào Cai

Lao Cai ranks 22nd of 34 Vietnamese provinces on momentum. Its strongest lens is population growth (+1.2%, 7th); its weakest is job growth (+0.1%, 31st). More people moved out than in during 2025, a net loss of 6.3 per 1,000 residents. Of its former provinces, Yên Bái grew new business registrations fastest (−1.8%).

Formed on 1 July 2025 from Lào Cai and Yên Bái.

People

#7 of 34

+1.2%average population, 2024 to 2025 (preliminary)

Population
1,675,670
Five-year change
+6.2%
Net migration
−6.3 per 1,000 (2025)
Average population
1.4M1.5M1.6M201020132016201920222025

Net migration is people moving in minus people moving out, per 1,000 residents. Positive means the province is gaining people from elsewhere.

Jobs

#31 of 34

+0.1%employed workers, 2024 to 2025 (preliminary)

Employed workers
759,440
Employed workers
755.8K846.4K937.1K20182019202020212022202320242025

Businesses

#25 of 34

−1.9%newly registered enterprises, 2023 to 2024

New enterprises
1,008
Active enterprises
6,055 (+4.8%, 2024)
Newly registered enterprises per year
63781499120162018202020222024

Money

#15 of 34

+14.5%enterprise net revenue, 2023 to 2024

Net revenue
170 trillion dong
Enterprise net revenue, nominal
₫78.8T₫119.9T₫161.0T201520172019202120232024

Revenue of active enterprises with business results, by where the enterprise is registered. Nominal.

The provinces it was formed from

Each former province on its own, latest year on year.

Former province
Lào Cai801,480+1.2%+0.1%−2.0%+8.8%
Yên Bái874,190+1.1%+0.1%−1.8%+23.7%

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