On the morning of October 6th, the Statistics Bureau held a press conference to announce the economic and social statistics for the third quarter and the first nine months of this year.
Ms. Nguyen Thi Huong, Director of the Statistics Bureau, reported that in the first nine months of this year, the GDP is estimated to have increased by 7.85% compared to the same period last year, second only to the 9.44% growth rate of the same period in 2022 during the 2011-2025 period.
Ms. Nguyen Thi Huong, Director of the Statistics Bureau.
In the service sector, domestic tourism has seen a significant surge, particularly during the celebrations of major national holidays, with the trade and service industry showing remarkable growth. This sector contributed the most to the economy’s added value, accounting for nearly 51.6%.
In the industrial and construction sectors, production in many key industries has increased significantly, making a substantial contribution to the overall economic growth. The added value of the entire industrial sector in the first nine months of 2025 increased by 8.55% compared to the same period last year, contributing over 35% to the growth rate of the total added value of the economy.
Despite adverse effects from storms and floods, the agriculture, forestry, and fisheries sectors have maintained stability due to timely implementation of response measures and disaster recovery efforts.
The added value of the agriculture, forestry, and fisheries sectors in the first nine months increased by 3.83%, second only to the growth rates of the same periods in 2011, 2018, and 2021 during the 2011-2025 period.
GDP in the first nine months increased by 7.85%, second only to the record year of 2022.
The Consumer Price Index (CPI) in September increased by 0.42% compared to the previous month. The average CPI for the third quarter of 2025 increased by 3.27% compared to the third quarter of 2024. On average for the first nine months, CPI increased by 3.27% compared to the same period last year; core inflation increased by 3.19%.
Within the 0.42% increase in CPI in September compared to the previous month, 10 groups of goods and services saw price increases, while the price index for the culture, entertainment, and tourism group decreased.
“The economic and social achievements in the third quarter and the first nine months of our country have been very positive, with each month and quarter showing improvement over the previous ones, despite the many uncertainties in the global and regional economies,” Ms. Huong commented.
The agriculture, forestry, and fisheries sectors continue to be a strong pillar of the economy, with stable growth ensuring the supply of food, essential goods, and enhancing exports; industrial production maintains its growth momentum.
The growth rate of total social investment capital is significantly higher than the same period last year. Average monthly income of workers has increased, while unemployment and underemployment rates among the working-age population have decreased; social welfare has received timely and widespread attention.
However, the Director of Statistics also emphasized that in the last three months of the year, the economy and society will continue to face numerous challenges due to the economy’s high openness, global fluctuations, unpredictable diseases, and natural disasters. To achieve the 2025 growth target, the key solutions are: maintaining macroeconomic stability, accelerating public investment disbursement, attracting large and high-tech projects; promoting innovation, e-commerce, export promotion, and enhancing productivity in advantageous sectors; focusing on disease safety, sustainable agricultural development, tourism product innovation, ensuring social welfare, and developing high-quality human resources.
These are critical tasks to both address difficulties and lay the foundation for long-term growth.
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