Published • loading... • Updated
Vietnam Nears 10% Growth as Economy Surges; Posts Trade Surplus
Foreign investment and factory output helped Vietnam post its fastest quarterly growth since 2022, while the trade balance returned to a $1.27 billion surplus.
- On Saturday, the National Statistics Office in Hanoi reported that Vietnam's gross domestic product rose 9.95 per cent in the July to September period, beating the 8.7 per cent median estimate in a Bloomberg survey.
- Vietnam's economic surge is supported by rising foreign investment and factory output, positioning the nation to meet its government's target of at least 10 per cent expansion this year through a massive infrastructure investment campaign.
- Trade activity was particularly strong in September, with exports rising 39.1 per cent, far exceeding the 26.6 per cent estimate, while imports gained 45.8 per cent against expectations of 38.1 per cent.
- The nation's trade balance returned to a surplus of US$1.27 billion, reversing deficits recorded during the first eight months of this year.
- Consumer prices increased 5.1 per cent in September, matching estimates, though transport and construction costs remain elevated due to the Iran war, complicating the government's aim to cap annual inflation at 4.5 per cent.
Insights by Ground AI
9 Articles
9 Articles
Vietnam Growth Surges Toward 10% Goal, Trade Back in Surplus
·New York, United States
Read Full Article
Exports in September reached $59.48 billion, the highest ever, and exceeded imports by $1.27 billion. However, for the first nine months of the year, Vietnam still had a trade deficit of $19.42 billion, compared to a trade surplus of nearly $17 billion in the same period last year.
·Ho Chi Minh City, Viet Nam
Read Full Article
Vietnam returned to a trade surplus in September after nine consecutive months of trade deficit (since December 2025).
·Viet Nam
Read Full ArticleCoverage Details
Total News Sources9
Leaning Left0Leaning Right2Center2Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
Factuality
To view factuality data please Upgrade to Premium
