Vietnam's Q3 GDP growth projected at 6.5% as exports rebound and FDI inflows rise

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Vietnam's economy continued its expansion in early September 2026, with the Ministry of Planning and Investment forecasting a 6.5% YoY growth for Q3, driven by a strong recovery in manufactured exports and a surge in foreign direct investment, especially in high‑tech and renewable‑energy projects. Inflation remained moderate at 3.8% thanks to stable food prices and targeted subsidies, allowing the State Bank to keep the policy rate at 6.0%. However, the government faces pressure to balance growth with fiscal discipline as public debt edges toward the 65% of GDP ceiling. Overall sentiment is cautiously optimistic as Vietnam leverages its strategic location and trade agreements to attract deeper integration into global supply chains.

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The US Federal Reserve’s continued rate hikes and China’s slower growth weighed on global demand, while commodity prices stabilized, providing a mixed backdrop for Vietnam’s export‑driven economy.