Where Money Moves

Thanh Hoa Thanh Hóa

Thanh Hoa ranks 29th of 34 Vietnamese provinces on momentum. Its strongest lens is enterprise revenue growth (+20.4%, 2nd); its weakest is population growth (+0.2%, 33rd). More people moved out than in during 2025, a net loss of 2.8 per 1,000 residents.

Unchanged by the 2025 merger.

People

#33 of 34

+0.2%average population, 2024 to 2025 (preliminary)

Population
3,771,770
Five-year change
+2.9%
Net migration
−2.8 per 1,000 (2025)
Average population
3.4M3.6M3.7M201020132016201920222025

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

Jobs

#33 of 34

+0.0%employed workers, 2024 to 2025 (preliminary)

Employed workers
1,958,890
Employed workers
2.0M2.1M2.2M20182019202020212022202320242025

Businesses

#23 of 34

+0.4%newly registered enterprises, 2023 to 2024

New enterprises
3,684
Active enterprises
16,836 (+1.3%, 2024)
Newly registered enterprises per year
1.7K2.7K3.6K20162018202020222024

Money

#2 of 34

+20.4%enterprise net revenue, 2023 to 2024

Net revenue
603 trillion dong
Enterprise net revenue, nominal
₫180.0T₫371.3T₫562.5T201520172019202120232024

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

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