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Q3 GDP Grows Nearly 10%, Three Growth Drivers Expected in Q4

Vietnam's Q3 2026 GDP is estimated to have grown 9.95% year on year, lifting nine-month growth to 9.01%, above the 8.15% in Q1 and 8.81% in Q2, according to the General Statistics Office. Industry and construction rose 11.21% over nine months, driven by electronics, computers and tech exports benefiting from AI, data centres and semiconductors, along with demand for construction materials and electricity. September exports jumped 39.1% to a record near $60 billion, turning the monthly trade balance to a $1.27 billion surplus, though the nine-month trade deficit still stands at $19.42 billion. Public investment disbursement reached VND 642,900 billion, 62.9% of plan and up 12.9% year on year, while realised FDI rose 12.1%. S&I Ratings said large capital needs, inflation pressure and tighter global financial conditions are key challenges for Q4, but expects manufacturing, public investment and exports to keep supporting growth.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: GDP quý III tăng gần 10%, kỳ vọng ba động lực tăng trưởng trong quý IV

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