Vietnam exceeds global forecasts with 8.23% GDP growth

  • Production of the 100% Taiwanese-invested Alivia Vietnam Footwear Co. Ltd at the Van Ha industrial cluster in the central province of Thanh Hoa. VNA Photo: Vũ Sinh
    Production of the 100% Taiwanese-invested Alivia Vietnam Footwear Co. Ltd at the Van Ha industrial cluster in the central province of Thanh Hoa. VNA Photo: Vũ Sinh
  • Production of the 100% Taiwanese-invested Alivia Vietnam Footwear Co. Ltd at the Van Ha industrial cluster in the central province of Thanh Hoa. VNA Photo: Vũ Sinh
    Production of the 100% Taiwanese-invested Alivia Vietnam Footwear Co. Ltd at the Van Ha industrial cluster in the central province of Thanh Hoa. VNA Photo: Vũ Sinh
  • Production of the 100% Taiwanese-invested Alivia Vietnam Footwear Co. Ltd at the Van Ha industrial cluster in the central province of Thanh Hoa. VNA Photo: Vũ Sinh
    Production of the 100% Taiwanese-invested Alivia Vietnam Footwear Co. Ltd at the Van Ha industrial cluster in the central province of Thanh Hoa. VNA Photo: Vũ Sinh
Despite mounting pressures from a trade protectionism policy spreading across the world, Vietnam’s economy recorded an impressive growth rate in the third quarter this year, with gross domestic product (GDP) expanding by 8.23% year-on-year. According to data from the National Statistics Office (NSO), cited by many international news outlets, this marks the highest growth rate since 2011, highlighting the country’s strong adaptability amid global uncertainties. Notably, this growth momentum continued even after the US officially imposed a 20% tariff on most imports from Vietnam starting August 7. VNA Photo: Vũ Sinh

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