Vietnam PM seeks GDP growth above 12.5 per cent in fourth quarter
Ministries and local authorities were urged to disburse their full public investment allocations as Vietnam pursues double-digit growth for 2026.
Finance stories about Vietnam.
Ministries and local authorities were urged to disburse their full public investment allocations as Vietnam pursues double-digit growth for 2026.
Growth over the first nine months of 2026 reached 9.01 per cent, the strongest performance for that period in 15 years.
Industry and construction contributed 49.62 per cent of the increase, while the statistics agency raised its growth estimates for the first two quarters.
Economic growth accelerated to 9.95% in the third quarter, while imports outgrew exports and the merchandise trade deficit reached US$19.42 billion.
Pledged foreign investment reached US$50.4 billion over nine months, while September inflation was 5.1 per cent.
Vietnam’s trade deficit with Malaysia reached US$5.25 billion, increasing 39.1% from the same eight-month period in 2025.
The Petrovietnam-owned power project in Can Tho will have a capacity of 1,155 megawatts, with completion targeted for 2030.
The expanded Vietnamese facility is targeted to begin operating in June 2030, supplying global demand for semiconductor packaging substrates.
The agreement supports research into new capital-market products, while regulators also discussed oversight of digital-asset markets.