> Exports led, rising 15.8% since the third quarter of 2023, even though Typhoon Yagi contributed to September factory activity contracting for the first time since March, according to S&P Global Market Intelligence.
> Forecasts were low ahead of the announcement, with Standard Chartered predicting 5.1% quarterly growth. Agriculture did take the biggest hit from the cyclone, the statistics office said, growing 2.58% compared with 3.34% in the previous quarter
> Longer term, the statistics office said GDP rose 6.82% in the first nine months of the year, approaching Vietnam’s pre-Covid growth of 7.3%.
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> Exports led, rising 15.8% since the third quarter of 2023, even though Typhoon Yagi contributed to September factory activity contracting for the first time since March, according to S&P Global Market Intelligence.
> Forecasts were low ahead of the announcement, with Standard Chartered predicting 5.1% quarterly growth. Agriculture did take the biggest hit from the cyclone, the statistics office said, growing 2.58% compared with 3.34% in the previous quarter
> Longer term, the statistics office said GDP rose 6.82% in the first nine months of the year, approaching Vietnam’s pre-Covid growth of 7.3%.
!ping SEA
Nice