Quang Tri: economy grows faster than forecast in Q1 2026

In the first months of 2026, Quang Tri maintained a stable growth pace, with the industrial-construction sector and services recording solid gains. Investment indicators, state budget revenue collection, and tourism also showed positive results.

On the afternoon of April 3, the Quang Tri provincial People’s Committee held its March regular meeting and the first-quarter 2026 session to review the province’s economic and social situation and set key tasks for the period ahead.

Q1 2026 growth and sector performance

In Q1 2026, Quang Tri’s Gross Regional Domestic Product (GRDP) is estimated to grow by 8.02%, exceeding the planned scenario. By sector, agriculture-forestry-fishery rose by 3.83%, industry-construction increased by 9.15%, and services grew by 8.45%, indicating a relatively balanced recovery across the economy.

Industrial production and energy project progress

The industrial sector remained a bright spot. Industrial production value continued to rise, particularly in processing and manufacturing, which increased by 12.22%. Major energy projects are also being implemented, with the Quang Tri I Power Plant reaching basically over 98% of overall progress.

Retail, services, and tourism recovery

Commerce, services, and tourism activities showed clear improvement. Retail sales of goods and services revenue increased by 10.7% year-on-year. The province welcomed nearly 2 million tourist arrivals, up 13%, while tourism revenue reached about 2,255 billion VND, up 27.4%.

Investment, budget collection, and key figures

State budget revenue in Quang Tri as of March 31, 2026 reached 3,180 billion VND, equivalent to about 25% of the year’s estimate. Total social investment capital reached 14,382 billion VND, up 19.9% year-on-year.

Limitations and policy focus

Alongside the achievements, the meeting highlighted limitations, especially the low disbursement rate of public investment, currently about 5.25% of the plan. This was identified as a bottleneck that needs to be addressed soon to support growth in the coming quarters.

Directives for the remainder of 2026

Chairman Lê Hồng Vinh of the Quang Tri People’s Committee requested ministries, sectors, and localities to continue implementing the 2026 growth scenario with proactive and flexible management. The province was urged to focus on removing difficulties for enterprises and promoting production and business.

In particular, the chairman emphasized accelerating the progress of implementing and disbursing public investment, describing it as a central and urgent task linked to leadership accountability. The meeting also called for strengthening revenue management and curbing revenue leakage, closely monitoring market developments, and ensuring supply-demand balance for essential goods.

Localities were asked to proactively review and promptly resolve existing problems, improve coordination and administrative discipline, and ensure effective execution of assigned tasks to help achieve the 2026 growth target of 10.6%.