Vietnam’s nine-month GDP growth reaches 9.01%

Vietnam recorded year-on-year economic growth of 9.01% over January–September 2026, the National Statistics Office (NSO) reported. Growth for the equivalent period in 2025 was 7.85%.

The quarterly expansion strengthened through the year: GDP grew 8.15% in the opening quarter, 8.81% in the second and 9.95% in the third. Across the nine-month period, industry and construction increased 11.21%, while services registered 8.69% growth. Agriculture, forestry and fisheries saw value added rise about 4.02%.

Economy-wide realised investment, measured at current prices, was about ₫3,110 trillion, a 15.1% increase. The non-state sector supplied 53% of the total. Investment funded by the state budget amounted to ₫661.8 trillion, up 19%, reaching 59.9% of the annual plan.

Foreign direct investment registrations totalled US$50.36 billion, increasing 76.4%. FDI disbursement rose 12.1% to US$21.07 billion, a five-year high for a nine-month period. More than 82% of that disbursement went into manufacturing and processing.

Goods exports were valued at US$434.3 billion, up 24.5%, against imports of US$453.72 billion, which increased 36.7%. The resulting US$19.42 billion deficit contrasted with a US$16.87 billion surplus a year earlier. September separately produced a US$1.27 billion surplus.

Average consumer prices were 4.52% higher over the nine months, with core inflation increasing 4.26%. Regional GDP growth exceeded 10% in 12 of the country’s 34 provinces and centrally administered cities. Quang Ninh recorded the highest rate, at 12.54%.

NSO head Nguyen Thi Huong cautioned that double-digit growth would remain difficult to achieve in the final quarter, citing exposure to shifting trade conditions, energy supplies and international transport costs. The agency called for quicker public investment disbursement and support for production, exports and consumer demand, alongside inflation control and macroeconomic stability.