HANOI, Oct 6 — Vietnam’s gross domestic product (GDP) grew 7.4 per cent year-on-year in the third quarter on the back of strong exports and industrial production, government data showed today.
Consumer prices in September rose 2.63 per cent from a year earlier, the General Statistics Office said in a report. Industrial production in the month rose 10.8 per cent and retail sales rose 7.6 per cent.
Third-quarter GDP showed the highest quarterly expansion in two years, despite the impact of Typhoon Yagi which hit the country last month.
Exports in September rose 10.7 per cent from a year earlier to US$34.05 billion (RM143.6 billion), while imports were up 11.1 per cent at US$31.76 billion (RM133.9 billion), the statistics office said. This resulted in a trade surplus of US$2.29 billion (RM9.66 billion).
— Reuters
