Want to be in the loop?
subscribe to
our notification
Business News
Q3 GDP GROWS 8.22%
Finance Minister Nguyen Van Thang speaks at a Government meeting on October 5 - PHOTO: VGP
HCMC – Vietnam’s gross domestic product (GDP) rose an estimated 8.22% in the third quarter against the year earlier, the highest growth rate for the period since 2011, excluding the post-pandemic rebound in 2022, the Ministry of Finance said.
At a Government meeting on October 5, Finance Minister Nguyen Van Thang said the economy maintained growth momentum despite external risks and domestic challenges.
GDP expanded 7.84% in the first nine months of 2025, keeping pace with the Government’s full-year growth target of around 8%.
The agriculture, forestry and fishery sector grew 3.74% in the third quarter, industry and construction rose 9.46%, and services increased 8.54%. Over the nine-month period, the three sectors expanded 3.83%, 8.69%, and 8.48%, respectively.
Manufacturing continued to lead growth, rising nearly 10% in the third quarter and 9.92% in the first nine months. The mining sector rebounded with a 9.8% increase.
Inflation remained under control, with the September consumer price index (CPI) up 3.38% year-on-year and the nine-month average up 3.27%.
State budget revenue in the first nine months reached VND1.92 quadrillion, equivalent to 97.9% of the full-year target and up 30.5% year-on-year.
About 27,500 businesses were newly established or resumed operations in September, up 55.6% from a year earlier. In January-September, more than 231,000 companies were newly registered or returned to business, up 26.4%. Additional registered capital reached VND3.3 quadrillion, up 186.5%.
Vietnam was hit by eight storms in the third quarter, including four in September, with Storm Bualoi causing estimated damage of over VND16.5 trillion.
The Finance Ministry warned of ongoing risks to growth, including global uncertainty, slow institutional reforms, and the impact of natural disasters. It called for stronger legal reforms, improved administrative efficiency, and policies to boost exports, investment, and domestic consumption.
Source: The Saigon Times
Related News
MEMBER CORNER / PROMOTIONS
VIETNAM RISING STAR: CONNECTING GLOBAL CAPITAL TO VIETNAM'S HIGH-GROWTH FRONTIERS
Vietnam stands at a pivotal inflection point as global supply chains reconfigure and capital seeks resilient, innovation-driven markets. HKBAV is proud to support the exclusive Inbound Investment Forum "Vietnam Rising Star: Connecting Global Capital to Vietnam's High-Growth Frontiers", bringing together global investors, corporate decision-makers, and financial experts to unlock the next wave of foreign direct investment and strategic M&A opportunities in Vietnam!
MEMBER CORNER / PROMOTIONS
VIETNAM GO GLOBAL: MASTERING OUTBOUND INVESTMENTS & EXPANSION FROM LOCAL TO GLOBAL
Vietnamese enterprises are increasingly looking beyond domestic borders to scale on the international stage. HKBAV is proud to support the exclusive Outbound Investment Forum "Vietnam Go Global - Mastering Outbound Investments & Expansion from Local to Global", bringing together influential corporate decision-makers, global investors, and financial experts to navigate the practicalities of cross-border expansion!
MEMBER CORNER / PROMOTIONS
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
VIETNAM ECONOMY INVESTMENT
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
VIETNAM ECONOMY INVESTMENT
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
Events Sponsors
