Indicators
Vietnam Sees Tougher Final Quarter After GDP Growth Surprise
- Investment, manufacturing are “driving forces”: government
- Typhoon Yagi in September may have impact on full-year growth
This article is for subscribers only.
Vietnam’s economic growth unexpectedly accelerated last quarter, buoyed by manufacturing and exports before a super typhoon in September caused widespread damage and prompted warnings of a challenging end to the year.
Gross domestic product rose 7.4% in the three months ended September from a year earlier, the General Statistics Office said Sunday. That compares to a 6.1% median estimate in a Bloomberg survey and a revised 7.09% expansion for the second quarter.