Vietnam, Oct 3, 2026 (AFP)
Vietnam's quarterly growth surged to 9.95 percent in the July-September period, up from 8.81 in the previous three months and the fastest in four years, according to government data.
The country has long been a success story among Asian economies, and its communist government is targeting double-digit expansion over the next five years.
Growth for the first nine months of 2026 came in at 9.01 percent, the fastest for the period in 15 years, the National Statistics Office said.
Exports were up 24.5 percent year on year, while imports were up 36.7 percent.
Vietnam notched eight percent annual growth last year, among the highest in the world despite new tariffs from its largest export market, the United States.
Asia Development Bank late last month revised up its forecast for 2026 annual gross domestic product (GDP) growth to 7.8 percent, from 7.2 percent forecast in July.
This was "underpinned by continued expansion in manufacturing, buoyant domestic consumption, and sustained foreign direct investment", it said.
But it warned that weaker global demand and geopolitical uncertainty could weigh on growth.
In September, FTSE Russell upgraded Vietnam's stock market to secondary emerging market.

Sumber : AFP