Vietnam's quarterly GDP grows fastest in 4 years as exports boom
Vietnam recorded a 9.95 percent gross domestic product growth rate in the third quarter of 2026 compared to the same period a year earlier, marking the fastest quarterly pace in four years. Government data released on Saturday showed economic expansion accelerated from a revised 8.81 percent increase in the second quarter, pushing the nine-month economic growth figure to 9.01 percent. The strong economic surge was fueled by an export boom and a trade surplus, prompting international financial institutions to upgrade their growth forecasts for the country.
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- ✓ Vietnam's gross domestic product grew 9.95 percent in the third quarter from a year earlier.
- ✓ The third-quarter growth rate is the fastest quarterly pace since the COVID-19 pandemic.
- ✓ Second-quarter economic expansion was revised to 8.81 percent.
- ✓ The nine-month economic growth reached 9.01 percent.
What changed
Government data released on Saturday confirmed the third-quarter gross domestic product expanded by 9.95 percent, accelerating from the second quarter.
Live updates
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Vietnam Q3 GDP Grows 9.95% as Exports Surge
Vietnam recorded a 9.95 percent gross domestic product growth rate in the third quarter of 2026 compared to the same period a year earlier, marking the fastest quarterly pace in four years. Government data released on Saturday showed economic expansion accelerated from a revised 8.81 percent increase in the second quarter, pushing the nine-month economic growth figure to 9.01 percent. The strong economic surge was fueled by an export boom and a trade surplus, prompting international financial institutions to upgrade their growth forecasts for the country.
Why it matters
The sharp economic acceleration highlights Vietnam's rising role as a key manufacturing and export hub in Asia. This growth outpaces many regional economies and reflects robust global demand for Vietnamese goods. Prime Minister has requested stronger efforts to continue tapping the nation's growth potential while ensuring benefits reach the people.
What is confirmed
- Vietnam's gross domestic product grew 9.95 percent in the third quarter from a year earlier.
- The third-quarter growth rate is the fastest quarterly pace since the COVID-19 pandemic.
- Second-quarter economic expansion was revised to 8.81 percent.
- The nine-month economic growth reached 9.01 percent.
What to watch next
- International financial institution adjustments to full-year 2026 economic forecasts
- Official government policy responses and directives from the Prime Minister to sustain export momentum
confidence 100%Sources used for this update (12)
- www.gulf-times.com — tag - Gulf Times
- Reuters — Vietnam's quarterly GDP grows fastest in 4 years as exports boom
- Bloomberg.com — Vietnam Nears 10% Growth as Economy Surges, Posts Trade Surplus
- Nikkei Asia — Vietnam's economy grew 9.95% in Q3, fastest pace in 4 years
- Thông tấn xã Việt Nam (TTXVN) — Prime Minister requests stronger efforts to tap growth potential
- Vietnam.vn — The message about high growth and benefits for the people.
- ca.marketscreener.com — Vietnam's quarterly GDP grows fastest in 4 years as exports boom | MarketScreener Canada
- en.vneconomy.vn — International financial institutions upgrade Vietnam 2026 GDP growth forecasts
- www.marketscreener.com — Taiwan foreign minister to visit Arizona to deepen economic ties, Bloomberg News reports | MarketScreener
- www.thestar.com.my — Vietnam’s quarterly GDP grows fastest in 4 years - The Star
- asia.nikkei.com — Vietnam's economy grew 9.95% in Q3, fastest pace in 4 years
- news.tuoitre.vn — Vietnam’s Q3 GDP growth hits highest level since 2022
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