GDP growth in the third quarter is estimated at 8.22%.

(Chinhphu.vn) – On the morning of October 5, speaking at the regular Government meeting in September 2025, Minister of Finance Nguyen Van Thang said that GDP growth in the third quarter is estimated at 8.22% over the same period. If excluding 2022 with the recovery growth rate due to the COVID-19 pandemic, this is the highest growth rate in the same period since 2011.

Regular Government meeting in September 2025 - Photo: VGP/Nhat Bac

Many positive and outstanding results despite many difficulties

According to the Ministry of Finance 's report, the world situation continues to fluctuate in a complex manner, with many difficulties, major challenges, and risk factors. Domestically, opportunities, advantages, difficulties, and challenges are intertwined, but there are more difficulties and challenges, especially in the face of increasing unfavorable factors from the outside.

In the third quarter alone, our country had to endure 8 storms; in September alone, there were 4 consecutive major storms, especially storm No. 10 with very strong winds, wide range of influence, long duration of the storm, accompanied by heavy rain, causing severe damage, the total estimated damage is incomplete at over 16.5 trillion VND.

In that context, the Government, the Prime Minister , ministries, branches and localities have completed a large amount of work; the whole system has made great efforts, proactively responded promptly and effectively to the situation and sudden problems that arose, completing a very large and complicated amount of work in a very short time. The socio-economic situation in the first 9 months continued to grow positively, achieving many important, outstanding and comprehensive results.

In the 8.22% growth of GDP in the third quarter, the growth of added value of the agriculture, forestry and fishery sector was 3.74%, the industry and construction sector was 9.46%, and the service sector was 8.54%.

GDP growth in the first 9 months reached 7.84% over the same period, in which the growth of the 3 regions was 3.83%, 8.69% and 8.48% respectively; closely following the 8% growth scenario for the whole year when synchronously implementing the set solutions.

Production and business, growth drivers continue to be promoted and renewed, maintaining positive growth momentum. Agricultural and service growth maintained a good growth momentum in the context of being affected by natural disasters, storms and floods, especially in September and the third quarter. The mining industry in the third quarter tended to recover, increasing by 9.8%; the processing and manufacturing industry continued to be the driving force for growth, increasing by about 10% in the third quarter, increasing by 9.92% in 9 months, reaching the scenario (9.9%).

CPI in September increased by 3.38% over the same period, 9 months increased by 3.27%; supply and prices in areas affected by natural disasters were well controlled. Credit growth was high, new lending interest rates continued to decline. The stock market and corporate bonds continued to develop vigorously. State budget revenue in 9 months reached 1.92 million billion VND, equal to 97.9% of the estimate, up 30.5% over the same period.

The number of newly registered and re-operated enterprises in September reached 27,500, up 55.6% over the same period; in 9 months, it reached over 231,300 enterprises, up 26.4%, the total additional capital of operating enterprises was 3.3 million billion VND, up 186.5%.

Along with that, the good implementation of the 3 strategic breakthroughs, the breakthrough resolutions of the Politburo and the promotion of new growth drivers have achieved many clear results. The fields of culture, society, social security and environmental protection continue to be focused on. National defense, security, social order and safety are maintained; the operation of local governments at 2 levels is closely monitored. Information and propaganda work is deployed synchronously, effectively, innovatively, richly and diversely in both form and content, especially policy communication and major events, contributing to creating consensus and arousing development aspirations in the whole society.

In addition to the achieved results, the socio-economic situation faces a number of difficulties, such as: The 2025 growth task still faces many challenges, the macro-economy is under a lot of pressure from the outside; new growth drivers are in the early stages, needing time to create changes; institutional and legal improvements have been directed with attention, but there are still problems, not keeping up with development requirements; natural disasters occur continuously on a large scale, causing heavy damage in many localities, and are forecast to have complicated developments in the last months of the year, especially the phenomenon of natural disasters overlapping natural disasters.

Key task groups in the coming time

Forecasting many new issues, ministries, branches and localities are required to continue to comprehensively and effectively implement resolutions and conclusions of the Party, the National Assembly, breakthrough resolutions of the Politburo, and directions of the Government and the Prime Minister; strive to "achieve and exceed any targets that are expected to be achieved, approximately achieved, and the operating scenario". Accordingly, the Ministry of Finance noted and proposed a number of groups of tasks.

Firstly, carefully and thoroughly prepare draft laws, resolutions, and contents to be submitted to the National Assembly at the 10th Session; do a good job of receiving, explaining, creating high consensus, and organizing implementation immediately after being approved by the National Assembly.

Monday, Resolutely and effectively implement Conclusion 195, conclusions and directions of the Politburo, Secretariat, Central Steering Committee, Government, Prime Minister on reorganizing apparatus, public service units, state-owned enterprises, implementing the 2-level local government model, especially tasks and work with deadlines to be completed in October.

Tuesday, promote exports, develop harmonious and sustainable trade.

Fourth, continue to improve institutions, laws, and reform administrative procedures.

Fifth, promote investment, stimulate consumption and strongly develop new growth drivers, science and technology, innovation and digital transformation.

At the same time, continue to focus on maintaining macroeconomic stability; developing culture and society, preventing natural disasters, protecting the environment; promoting information and communication, improving the effectiveness of mass mobilization work.../.

Minh Ngoc

Source: https://baochinhphu.vn/tang-truong-gdp-quy-iii-uoc-dat-822-102251005090235898.htm