Vietnam's Economic Growth Outlook

HANOI (Reuters) – Vietnam aims for an economic expansion of 7.6% to 8% in Q4 2024 while maintaining a full-year growth target of 7% following positive results in Q3, according to the planning minister.

The Gross Domestic Product (GDP) increased by 7.4% year-on-year in the third quarter, surpassing the revised 7.09% growth from the second quarter. This growth occurred despite the challenges posed by natural disasters in the previous month.