GDP growth in Q3/2026 was 9.95%, and in the first nine months it was 9.01%.

According to data recently released by the General Statistics Office ( Ministry of Finance ), GDP in the third quarter of 2026 is estimated to increase by 9.95% compared to the same period last year, higher than the 8.15% increase in the first quarter and the 8.81% increase in the second quarter.

Specifically, the agriculture, forestry, and fisheries sector increased by 4.21%, contributing 5.14% to the overall increase in the added value of the entire economy . The industrial and construction sector increased by 12.50%, contributing 51.57%, while the service sector increased by 9.54%, contributing 43.29%.

In terms of GDP utilization, final consumption in the third quarter increased by 8.96% year-on-year; asset accumulation increased by 21.39%; exports of goods and services increased by 23.27%, while imports increased by 28.75%.

Overall, for the first nine months of 2026, GDP is estimated to have increased by 9.01% compared to the same period of the previous year.

Specifically, the agriculture, forestry, and fisheries sector increased by 4.02%, contributing 5.35%; industry and construction increased by 11.21%, contributing 49.62%; and services increased by 8.69%, contributing 45.03% to the overall increase in added value of the entire economy.

GDP in the third quarter of 2026 is estimated to increase by 9.95% compared to the same period last year, higher than the 8.15% increase in the first quarter and the 8.81% increase in the second quarter. (Illustrative image)

Industry continues to be a driving force for growth.

Over the past nine months, the agriculture, forestry, and fisheries sector has maintained positive growth momentum. Productivity and output of rice, fruit trees, livestock, and aquaculture have increased, meeting both domestic and export demands.

The added value of this sector increased by 4.02%. Of this, agriculture increased by 3.72%, forestry by 3.99%, and fisheries by 4.99%.

Notably, the industrial and construction sectors continue to play a crucial role in economic growth. Expanding drivers of growth, the commissioning of several large-scale projects, the recovery of export orders, and accelerated progress in public investment have created a ripple effect on manufacturing and construction.

The value added of the entire industrial sector increased by 11.02% in the first nine months, contributing 41.39% to the overall growth rate of the total value added of the entire economy.

Of these, the processing and manufacturing industry increased by 11.36%, contributing 33.85%; the construction industry increased by 12.22%, contributing 8.23%.

In the service sector, trade, transportation, tourism , and services supporting daily life continued to grow. The added value of this sector increased by 8.69% in the first nine months.

Several sectors recorded significant increases, such as transportation and warehousing (up 11.03%); wholesale and retail trade (up 9.85%); finance, banking and insurance (up 9.45%); and accommodation and food services (up 8.83%).

In terms of economic structure, the agriculture, forestry, and fisheries sector accounts for 10.65%; industry and construction account for 38.35%; services account for 42.97%; and product taxes less product subsidies account for 8.03%.

The Industrial Production Index (IIP) for the first nine months increased at its highest rate since 2019.

Industrial production continued to maintain double-digit growth. The Industrial Production Index (IIP) for the third quarter of 2026 is estimated to have increased by 14.8% compared to the same period last year.

Overall, in the first nine months, the Industrial Production Index (IIP) increased by 12.3%, the highest increase for the same period since 2019. Of this, the manufacturing sector increased by 12.9%.

In the third quarter, the processing and manufacturing industry increased by 15.3%; electricity production and distribution increased by 12.8%; water supply, waste management and wastewater treatment increased by 9.5%; and mining increased by 12.2%.

Several key industries experienced high growth rates in the first nine months, including metal production (up 25.5%); beverage production (up 17.4%); motor vehicle manufacturing (up 15.3%); and electronics, computer, and optical product manufacturing (up 15.2%).

The rubber and plastics manufacturing sector increased by 12.8%; the manufacturing of other transport equipment and food processing both increased by 12.5%; and the manufacturing of beds, cabinets, tables, and chairs increased by 12.4%.

Conversely, the production of leather and related products increased by 3.4%, while the extraction of hard coal and lignite only increased by 0.1%.

In the first nine months of 2026, the industrial production index (IIP) increased in all 34 localities compared to the same period of the previous year. Many localities recorded high growth rates thanks to the growth of the processing and manufacturing industries and the electricity production and distribution sector.

In the manufacturing industry, Ha Tinh leads with a 40% increase, followed by Quang Ninh with a 33.6% increase, Bac Ninh with a 29.3% increase, Nghe An with a 25.8% increase, and Thai Nguyen with a 23.7% increase.

For the electricity production and distribution sector, Quang Tri recorded the highest increase, reaching 109%. Other localities with notable increases include Ha Tinh (49.5%), Hung Yen (15.3%), and Phu Tho (13%).

In the first nine months of 2026, the industrial production index (IIP) increased in all 34 localities compared to the same period of the previous year. Many localities recorded high growth rates thanks to the growth of the processing and manufacturing industries and the electricity production and distribution sector. (Source: General Statistics Office)

Nearly 150,000 new businesses were established.

In September, nearly 11,600 new businesses were established nationwide with a registered capital of nearly 175,800 billion VND and nearly 75,500 registered employees.

Compared to August, the number of newly established businesses decreased by 4.9%, registered capital decreased by 7.2%, but the number of registered employees increased by 25%.

In the first nine months of the year, nearly 149,700 new businesses were registered nationwide, with a total registered capital of 1,884 trillion VND and over 733,100 registered employees.

Compared to the same period last year, the number of newly established businesses increased by 3.2%, registered capital increased by 32.7%, while the number of registered employees decreased by 16.1%. The average registered capital per business reached VND 12.6 billion, an increase of 28.5%.

In addition, nearly 74,300 businesses resumed operations, a 14% decrease compared to the same period last year. The total number of newly established and reactivated businesses reached over 223,900, averaging approximately 24,900 businesses entering the market each month.

Conversely, on average, approximately 19,100 businesses withdrew from the market each month during the nine months.

Registered FDI capital increased by over 76%.

As of September 30th, total registered foreign investment in Vietnam reached US$50.36 billion, an increase of 76.4% compared to the same period last year.

Of these, 3,108 new projects were licensed with a total registered capital of US$29.24 billion, representing a 6.2% increase in the number of projects and a 2.4-fold increase in capital compared to the same period last year.

The processing and manufacturing industry continued to attract the largest amount of new investment capital with $13.38 billion, accounting for 45.8% of total registered capital. This was followed by transportation and warehousing with $5.14 billion, accounting for 17.6%.

Singapore was the largest investor among the 79 countries and territories with newly licensed projects, with US$9.26 billion, accounting for 31.7% of the total newly registered capital. South Korea ranked second with US$5.70 billion, followed by Luxembourg, Hong Kong (China), China, and Japan.

Notably, realized FDI capital in Vietnam during the first nine months is estimated at US$21.07 billion, an increase of 12.1% compared to the same period last year. This is the highest realized FDI capital level for the first nine months in the past five years.

Of the total realized FDI capital, the processing and manufacturing industry reached US$17.40 billion, accounting for 82.6%; real estate business reached US$1.59 billion, accounting for 7.5%; and electricity, gas, hot water, steam and air conditioning production and distribution reached US$723.4 million, accounting for 3.4%.

Locally, 12 out of 34 provinces and cities achieved a GRDP growth rate of 10% or higher in the first nine months. Quang Ninh led with a growth rate of 12.54%, followed by Ha Tinh at 12.36%, Hai Phong at 12.08%, Bac Ninh at 11.81%, and Ninh Binh at 11.31%.

According to the data, high growth is concentrated mainly in localities with industrial foundations and large-scale manufacturing and processing, and is also driven by investment, exports, and the service sector.

According to VTC News