Vietnam Economy Records Strong Growth in the First Nine Months of 2026
Experiencing significant increases in GDP rates in the first nine months of 2026, the Vietnamese economy drew attention by achieving a rate of 9.95% in the third quarter.
While macroeconomic stability was maintained, it was announced that GDP growth and foreign direct investments reached significant levels in the first nine months of 2026.
Macroeconomic Momentum and General Situation
While the macroeconomic situation remains stable, inflation is kept under control at an appropriate level, and the supply and demand of basic goods are ensured.
While domestic consumption and tourism show an increase, the agriculture, forestry, and fisheries sector continues to be the mainstay of the economy with steady growth.
GDP Growth in the Third Quarter
Nguyen Thi Huong, Director General of the General Statistics Office, announced the socio-economic statistics for 2026 at a press conference held in Hanoi.
While GDP is estimated to increase by 9.95% year-on-year in the third quarter, this rate was realized as 8.15% in the first quarter and 8.81% in the second quarter.
Regional Development and Sectoral Increases
In some regions such as Quang Ninh, Ha Tinh, Hai Phong, Bac Ninh, and Ninh Binh, the growth rate reached 10% or higher.
It was stated that the industrial production index increased by 12.3% year-on-year in the first nine months of the year, recording the highest nine-month increase since 2019.
Foreign Direct Investment and Employment
Total registered foreign direct investment since the beginning of the year reached 50.36 billion US dollars, showing an increase of 76.4 percent.
Realized foreign direct investments reached 21.07 billion US dollars, the highest level of the last five years, and the number of newly established businesses reached approximately 149,700.