{"version":"1","article":{"id":"vietnam-q3-nine-month-2026-economy","slug":"vietnam-q3-nine-month-2026-economy","language":"en","url":"https://haberpaper.com/en/news/vietnam-q3-nine-month-2026-economy","api_url":"https://haberpaper.com/api/v1/articles/vietnam-q3-nine-month-2026-economy?lang=en","title":"Vietnam economy grows 9.95% year over year in third quarter","summary":"Growth reached 9.01% over nine months, with industry and construction and services accounting for most of the increase in value added.","category":"economy","region":"world","topics":[],"published_at":"2026-10-04T13:00:07+03:00","modified_at":"2026-10-04T13:00:07+03:00","publication_basis":"publication-record","event_period":"2026-09","event_period_basis":"event-or-reference-period","sources":[{"name":"General Statistics Office of Vietnam","url":"https://www.nso.gov.vn/bai-top/2026/10/bao-cao-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/","publishedAt":"2026-10-03","checkedAt":"2026-10-04"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/vietnam-q3-nine-month-2026-economy","api_url":"https://haberpaper.com/api/v1/articles/vietnam-q3-nine-month-2026-economy?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/vietnam-q3-nine-month-2026-economy","api_url":"https://haberpaper.com/api/v1/articles/vietnam-q3-nine-month-2026-economy?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/vietnam-q3-nine-month-2026-economy","api_url":"https://haberpaper.com/api/v1/articles/vietnam-q3-nine-month-2026-economy?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/vietnam-q3-nine-month-2026-economy","api_url":"https://haberpaper.com/api/v1/articles/vietnam-q3-nine-month-2026-economy?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/vietnam-q3-nine-month-2026-economy","api_url":"https://haberpaper.com/api/v1/articles/vietnam-q3-nine-month-2026-economy?lang=es"}],"data_types":["metrics"],"data":{"version":1,"blocks":[{"id":"growth-and-activity","type":"metrics","title":{"tr":"Büyüme göstergeleri","en":"Growth indicators","ar":"مؤشرات النمو","fr":"Indicateurs de croissance","es":"Indicadores de crecimiento"},"description":{"tr":"Vietnam Genel İstatistik Ofisinin üçüncü çeyrek ve dokuz aylık 2026 ulusal hesap tahminleri.","en":"Vietnam General Statistics Office national-accounts estimates for Q3 and the first nine months of 2026.","ar":"تقديرات الحسابات القومية الصادرة عن المكتب العام للإحصاء في فيتنام للربع الثالث والأشهر التسعة الأولى من 2026.","fr":"Estimations des comptes nationaux de l’Office général des statistiques du Vietnam pour le T3 et les neuf premiers mois de 2026.","es":"Estimaciones de cuentas nacionales de la Oficina General de Estadística de Vietnam para el T3 y los primeros nueve meses de 2026."},"methodology":{"tr":"GSYH büyüme oranları kaynakta tahmin olarak yayımlanmıştır. Üç aylık ve dokuz aylık dönemler ayrı gözlemlerdir; sektör katkı payları büyüme oranlarıyla karıştırılmaz.","en":"GDP growth rates were published as estimates. Quarterly and nine-month periods remain separate observations; sector contribution shares are not conflated with growth rates.","ar":"نُشرت معدلات نمو الناتج المحلي كتقديرات. وتظل فترتا الربع والأشهر التسعة ملاحظتين منفصلتين، ولا تخلط حصص مساهمة القطاعات بمعدلات النمو.","fr":"Les taux de croissance du PIB sont publiés comme estimations. Les périodes trimestrielle et de neuf mois restent distinctes ; les parts de contribution sectorielle ne sont pas confondues avec les taux de croissance.","es":"Las tasas de crecimiento del PIB se publicaron como estimaciones. Los periodos trimestral y de nueve meses se mantienen separados; las contribuciones sectoriales no se confunden con las tasas de crecimiento."},"sourceUrls":["https://www.nso.gov.vn/bai-top/2026/10/bao-cao-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/"],"updatedAt":"2026-10-04T09:10:10Z","items":[{"label":{"tr":"GSYH yıllık büyümesi, 2026 üçüncü çeyrek","en":"GDP year-over-year growth, Q3 2026","ar":"نمو الناتج المحلي الإجمالي سنوياً، الربع الثالث 2026","fr":"Croissance annuelle du PIB, T3 2026","es":"Crecimiento interanual del PIB, T3 de 2026"},"value":9.95,"unit":"percent","period":"2026-09","basis":"estimate","measure":{"id":"vietnam-gdp-growth-yoy","unitCode":"percent","geography":"vietnam","frequency":"irregular","aggregation":"rate","periodRole":"reference-period"},"periodStart":"2026-07"},{"label":{"tr":"GSYH yıllık büyümesi, 2026 dokuz ay","en":"GDP year-over-year growth, nine months 2026","ar":"نمو الناتج المحلي الإجمالي سنوياً، الأشهر التسعة 2026","fr":"Croissance annuelle du PIB, neuf mois 2026","es":"Crecimiento interanual del PIB, nueve meses de 2026"},"value":9.01,"unit":"percent","period":"2026-09","basis":"estimate","measure":{"id":"vietnam-gdp-growth-yoy","unitCode":"percent","geography":"vietnam","frequency":"irregular","aggregation":"rate","periodRole":"reference-period"},"periodStart":"2026-01"}]}]},"data_compilations":[{"id":"growth-and-activity","creator":{"@type":"Organization","@id":"https://haberpaper.com/#organization","name":"Haber Paper","url":"https://haberpaper.com/"},"license":{"@type":"CreativeWork","@id":"https://haberpaper.com/en/data-terms/v1#license","name":"Haber Paper Original Data Compilation License 1.0","url":"https://haberpaper.com/en/data-terms/v1"},"rights_scope":"Haber Paper original data arrangement, labels and methodology notes only; underlying source rights and permissions remain separate.","source_license_url":null}],"data_downloads":[{"id":"growth-and-activity","formats":{"json":"https://haberpaper.com/api/v1/articles/vietnam-q3-nine-month-2026-economy/data/growth-and-activity?lang=en&format=json","csv":"https://haberpaper.com/api/v1/articles/vietnam-q3-nine-month-2026-economy/data/growth-and-activity?lang=en&format=csv"}}],"content":{"paragraphs":["Vietnam’s General Statistics Office estimated that gross domestic product (GDP) grew 9.95% year over year in the third quarter, in its 3 October 2026 report on the quarter and first nine months. Growth had been reported at 8.15% in the first quarter and 8.81% in the second. The estimate for January to September as a whole was 9.01%. These are national-accounts estimates available at the report date, not a final full-year result or a forecast for the fourth quarter.","In the third quarter, value added in agriculture, forestry and fishing rose 4.21%, contributing 5.14% of total value-added growth. Industry and construction expanded 12.50% and accounted for 51.57% of the contribution; services grew 9.54% and accounted for 43.29%. Contribution shares describe each sector’s part in overall value-added growth, while sector growth rates describe the change in that sector’s own value. They should not be read as the same type of measure.","The sector pattern was similar over nine months, though that period includes the first three quarters rather than a single quarter. Agriculture, forestry and fishing grew 4.02% and contributed 5.35% to total value-added growth. Industry and construction expanded 11.21%, accounting for 49.62% of the contribution, while services increased 8.69% and accounted for 45.03%. The composition of nine-month growth can differ from one quarter; replacing a quarterly figure with the nine-month total, or describing either as a full-year rate, would misstate the period.","Expenditure components pointed to different sources of demand. In the third quarter, final consumption rose 8.96% year over year and asset accumulation increased 21.39%. Exports of goods and services grew 23.27%, while imports increased 28.75%. Across the first nine months, final consumption rose 8.51%, asset accumulation 17.88%, exports 21.29% and imports 27.19%. With exports and imports both growing rapidly, the export rate alone does not show the contribution of net external demand; national-accounts volume and contribution calculations are also needed.","The office reported that agriculture, forestry and fishing represented 10.65% of the economy’s structure over nine months; industry and construction represented 38.35%; and services 42.97%. Taxes on products less subsidies on products accounted for 8.03%. These shares describe the nominal composition of value added and should not be confused with sector growth rates or real contributions to total output. In the same period a year earlier, the respective shares were 11.33%, 37.47%, 43.05% and 8.15%.","Within services, transport and storage grew 11.03% over nine months, wholesale and retail trade 9.85%, finance, banking and insurance 9.45%, and accommodation and food services 8.83%. These subgroup rates show different paces behind the 8.69% increase in services overall. The source also said trade, transport, tourism and services for daily life continued to expand, with domestic demand for goods, services and tourism remaining high. It did not link these observations to a specific price, employment or corporate-profit outcome.","Trade figures also showed expanding nominal flows. September merchandise exports were US$59.48 billion and imports US$58.21 billion. For January to September, exports reached US$434.30 billion and imports US$453.72 billion. Exports rose 24.5% year over year, while imports grew 36.7%. The arithmetic difference in nine-month merchandise trade was US$19.42 billion in favour of imports; it excludes trade in services, income flows and balance-of-payments financing. Dollar-denominated nominal trade values can also reflect prices and exchange rates.","Registered foreign investment as of 30 September totalled US$50.36 billion, combining new registrations, adjusted registered capital, and capital contributions or share purchases; the total was 76.4% higher year over year. The report’s measure is registered foreign investment, which should be distinguished from capital actually disbursed. Faster import growth than export growth, higher investment registrations and a strong GDP estimate are indicators of expanded activity, but do not by themselves establish sustainability, productivity or future growth.","The report covers the third quarter and first nine months of 2026. GDP and many activity indicators are estimates and can change through national-accounts revisions. Agriculture, industry, services, trade and registered investment are separate measurement areas and should not be combined as if they had the same scope. Sector contributions, growth rates and trade values are reported for the periods defined in the source. Later releases will show how estimates are updated and how the final quarter shapes the full-year result."],"key_points":[],"sections":[]},"text":"Growth reached 9.01% over nine months, with industry and construction and services accounting for most of the increase in value added.\n\nVietnam’s General Statistics Office estimated that gross domestic product (GDP) grew 9.95% year over year in the third quarter, in its 3 October 2026 report on the quarter and first nine months. Growth had been reported at 8.15% in the first quarter and 8.81% in the second. The estimate for January to September as a whole was 9.01%. These are national-accounts estimates available at the report date, not a final full-year result or a forecast for the fourth quarter.\n\nIn the third quarter, value added in agriculture, forestry and fishing rose 4.21%, contributing 5.14% of total value-added growth. Industry and construction expanded 12.50% and accounted for 51.57% of the contribution; services grew 9.54% and accounted for 43.29%. Contribution shares describe each sector’s part in overall value-added growth, while sector growth rates describe the change in that sector’s own value. They should not be read as the same type of measure.\n\nThe sector pattern was similar over nine months, though that period includes the first three quarters rather than a single quarter. Agriculture, forestry and fishing grew 4.02% and contributed 5.35% to total value-added growth. Industry and construction expanded 11.21%, accounting for 49.62% of the contribution, while services increased 8.69% and accounted for 45.03%. The composition of nine-month growth can differ from one quarter; replacing a quarterly figure with the nine-month total, or describing either as a full-year rate, would misstate the period.\n\nExpenditure components pointed to different sources of demand. In the third quarter, final consumption rose 8.96% year over year and asset accumulation increased 21.39%. Exports of goods and services grew 23.27%, while imports increased 28.75%. Across the first nine months, final consumption rose 8.51%, asset accumulation 17.88%, exports 21.29% and imports 27.19%. With exports and imports both growing rapidly, the export rate alone does not show the contribution of net external demand; national-accounts volume and contribution calculations are also needed.\n\nThe office reported that agriculture, forestry and fishing represented 10.65% of the economy’s structure over nine months; industry and construction represented 38.35%; and services 42.97%. Taxes on products less subsidies on products accounted for 8.03%. These shares describe the nominal composition of value added and should not be confused with sector growth rates or real contributions to total output. In the same period a year earlier, the respective shares were 11.33%, 37.47%, 43.05% and 8.15%.\n\nWithin services, transport and storage grew 11.03% over nine months, wholesale and retail trade 9.85%, finance, banking and insurance 9.45%, and accommodation and food services 8.83%. These subgroup rates show different paces behind the 8.69% increase in services overall. The source also said trade, transport, tourism and services for daily life continued to expand, with domestic demand for goods, services and tourism remaining high. It did not link these observations to a specific price, employment or corporate-profit outcome.\n\nTrade figures also showed expanding nominal flows. September merchandise exports were US$59.48 billion and imports US$58.21 billion. For January to September, exports reached US$434.30 billion and imports US$453.72 billion. Exports rose 24.5% year over year, while imports grew 36.7%. The arithmetic difference in nine-month merchandise trade was US$19.42 billion in favour of imports; it excludes trade in services, income flows and balance-of-payments financing. Dollar-denominated nominal trade values can also reflect prices and exchange rates.\n\nRegistered foreign investment as of 30 September totalled US$50.36 billion, combining new registrations, adjusted registered capital, and capital contributions or share purchases; the total was 76.4% higher year over year. The report’s measure is registered foreign investment, which should be distinguished from capital actually disbursed. Faster import growth than export growth, higher investment registrations and a strong GDP estimate are indicators of expanded activity, but do not by themselves establish sustainability, productivity or future growth.\n\nThe report covers the third quarter and first nine months of 2026. GDP and many activity indicators are estimates and can change through national-accounts revisions. Agriculture, industry, services, trade and registered investment are separate measurement areas and should not be combined as if they had the same scope. Sector contributions, growth rates and trade values are reported for the periods defined in the source. Later releases will show how estimates are updated and how the final quarter shapes the full-year result.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"economy","url":"https://haberpaper.com/assets/illustrations/economy-1536.webp","width":1536,"height":1024,"alt":"Symbolic trading harbour with a cargo ship, containers and a bridge.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"economy","url":"https://haberpaper.com/assets/illustrations/economy-1536.webp","width":1536,"height":1024,"alt":"Symbolic trading harbour with a cargo ship, containers and a bridge.","language":"en"}}}