Business News

Vietnam’s gross domestic product (GDP) rose an estimated 8.22% in the third quarter against the year earlier, the highest growth rate for the period since 2011, excluding the post-pandemic rebound in 2022, the Ministry of Finance said. At a Government meeting on October 5, Finance Minister Nguyen Van Thang said the economy maintained growth momentum despite external risks and domestic challenges.

Bac Ninh Province attracted more than US$15.3 billion in investment in the first nine months of this year, the highest level of foreign direct investment (FDI) among Vietnam’s provinces, reported local media. The northern province licensed 162 new domestic projects with fresh capital of VND256.1 trillion and 262 FDI projects worth US$1.51 billion.

Vietnam is expected to be one of Southeast Asia’s fastest-growing resort markets this year, driven by a rebound in international arrivals, industry experts said at a recent hospitality conference. The Meet The Experts (MTE) conference, organized on October 1 by Savills Hotels, WeHub, and partners, is one of the region’s largest annual real estate and hospitality forums.

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

According to the Ministry of Industry and Trade’s online portal, after surging at the beginning of the month, global rubber prices fell sharply by month-end amid peak harvesting in Southeast Asia. In China, natural rubber prices dropped 5.6% to 14,490 yuan per ton. Over the first nine months, Vietnam exported 1.3 million tons of rubber worth US$2.32 billion, up 10.8% in value compared to the same period last year. 

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In the first six months of 2025, the region’s GDP saw a robust growth rate of 11.2 per cent, with the industrial sector surging over 12.8 per cent and services by 9.9 per cent. Cumulative FDI in post-merger Haiphong has now exceeded $50 billion, coming from 1,724 active projects, primarily in key sectors such as processing, manufacturing, and logistics.

According to Vietnam Customs, Vietnam’s tilapia exports (including red tilapia) reached over USD 63 million in the first 8 months of 2025, up 174% from the same period last year. This figure exceeded Vietnam’s tilapia export value over the past five years, since 2020. The US remained the largest importer, accounting for 62% of Vietnam’s tilapia exports.