According to a newly released report from the General Statistics Office, GDP in the third quarter of 2025 is estimated to increase by 8.23% over the same period last year. The growth rate in the third quarter of 2025 is only lower than the 14.38% increase in the same period in 2022 during the 2011-2025 period.
Overall, GDP in the first nine months of the year increased by 7.85% over the same period last year, only lower than the growth rate of 9.44% in the same period in 2022 in the 2011-2025 period.
Overall, GDP in the first nine months of the year increased by 7.85% over the same period last year, only lower than the growth rate of 9.44% in the same period in 2022 in the 2011-2025 period.
Of which, the agriculture, forestry and fishery sector increased by 3.83%, contributing 5.36% to the total added value of the whole economy ; the industry and construction sector increased by 8.69%, contributing 43.05%; the service sector increased by 8.49%, contributing 51.59%.
Notably, the industrial production index (IIP) in the third quarter of 2025 is estimated to increase by 10.0% over the same period last year; the total for the first nine months of 2025 is estimated to increase by 9.1% over the same period last year, of which the processing and manufacturing industry increased by 10.4%, the highest increase since 2020. Statistics show that the industrial production index in the first nine months of 2025 compared to the same period last year increased in all 34 localities.
“Enterprises stepping up production to serve export goods before the US applied higher tariffs, mining activities, and more active electricity production in recent months are the main reasons for the industrial production index in the third quarter of 2025 to achieve double-digit growth,” said Director of the General Statistics Office Nguyen Thi Huong.
Regarding business performance, 231,300 businesses registered for new establishment and returned to operation in the first 9 months of the year (up 26.4%). Of these, 145,000 businesses registered for new establishment; 86,400 businesses returned to operation. On average, 25,700 businesses were newly established and returned to operation per month.
In the opposite direction, 174,900 enterprises withdrew from the market. This includes 99,500 enterprises temporarily suspending business; 53,200 enterprises ceasing operations pending dissolution procedures and 22,300 enterprises completing dissolution procedures. On average, 19,400 enterprises withdraw from the market per month.
It is expected that in the fourth quarter of 2025, 40.8% of businesses will assess that the trend will improve compared to the third quarter of 2025.
The results of the survey on business trends of enterprises in the processing and manufacturing industry in the third quarter of 2025 showed that: 33.6% of enterprises assessed the production and business situation as better than in the second quarter of 2025; 44.2% of enterprises assessed the production and business situation as stable and 22.2% of enterprises assessed that they encountered difficulties.
“It is expected that in the fourth quarter of 2025, 40.8% of enterprises will assess that the trend will improve compared to the third quarter of 2025; 41.7% of enterprises believe that the production and business situation will be stable and 17.5% of enterprises predict more difficulties. Of which, the foreign-invested enterprise (FDI) sector is the most optimistic with 83.2% of enterprises predicting that the production and business situation in the fourth quarter of 2025 will be better and remain stable compared to the third quarter of 2025,” Director Nguyen Thi Huong informed.
Also according to the General Statistics Office, in the first 9 months of 2025, the total retail sales of goods and consumer service revenue at current prices is estimated at VND 5,176 trillion, up 9.5% over the same period last year (up 8.8% in the same period in 2024). This shows that the purchasing power of the economy continues to improve.
Regarding investment, the total registered foreign investment capital in Vietnam as of September 30, 2025, including: newly registered capital, adjusted registered capital and capital contribution and share purchase value of foreign investors, reached 28.54 billion USD, up 15.2% over the same period last year. Notably, the foreign direct investment capital realized in Vietnam in the first 9 months of 2025 is estimated at 18.80 billion USD, up 8.5% over the same period last year. This is the highest realized foreign direct investment capital in nine months in the past 5 years.
Trade balance of goods in the first 9 months of the year had a trade surplus of 16.82 billion USD
Regarding import and export, in the first 9 months of the year, the export turnover of goods reached 348.74 billion USD, up 16% over the same period last year. There were 32 items with export turnover of over 1 billion USD, accounting for 93.1% of total export turnover (there were 7 items with export turnover of over 10 billion USD). In the opposite direction, the import turnover of goods reached 331.92 billion USD, up 18.8% over the same period last year.
In the first 9 months, total import and export turnover of goods reached 680.66 billion USD, up 17.3% over the same period last year. The trade balance of goods had a surplus of 16.82 billion USD.
Source: https://vtv.vn/gdp-quy-iii-tang-823-10025100609352086.htm
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