Vietnam Expects Economic Growth to Reach 8.22% in Third Quarter

Vietnam’s economy likely expanded 8.22% from a year earlier in the third quarter, driven by 10% growth in the manufacturing sector, according to Finance Minister Nguyen Van Thang.

Growth in the January-September period is expected to be 7.84%, Thang said in a post on the government website. Consumer prices rose 3.38% in September, according to the minister’s estimates.

Vietnam’s mining industry has recovered and expanded 9.8% in the third quarter, while growth in services climbed 8.54%, according to the post.

The government has set an ambitious goal of 8.3% to 8.5% growth in 2025, despite the Trump administration’s imposition of ...