The Finance Minister said GDP growth in the third quarter is estimated at 8.2% year-on-year – the highest growth rate in the same period since 2011.
On October 5, speaking at the regular Government meeting in September 2025, Minister of Finance Nguyen Van Thang said that 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.
The socio-economic situation in the first 9 months continued to grow positively, achieving many important, outstanding and comprehensive results.
Minister Nguyen Van Thang said that GDP growth in the third quarter is estimated at 8.2% compared to the same period last year. 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.
GDP growth in the first 9 months reached 7.84% over the same period, closely following the 8% growth scenario for the whole year when synchronously implementing the set solutions.
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%.
CPI in September increased by 3.38% over the same period last year, and by 3.27% in the first nine months; supply and prices in areas affected by natural disasters were well controlled. Credit growth was high, and new lending interest rates continued to decline.
The stock and corporate bond markets continue to develop vigorously. State budget revenue in the first 9 months reached 1.92 trillion VND, equal to 97.9% of the estimate, up 30.5% over the same period.
In the coming time, the Ministry of Finance will note and propose 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.
Second, resolutely and effectively implement Conclusion 195, conclusions and directions of the Politburo, Secretariat, Central Steering Committee, Government, and Prime Minister on reorganizing the apparatus, public service units, state-owned enterprises, and implementing the 2-level local government model, especially tasks and work with deadlines to be completed in October.
Third, promote exports and 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, and improving the effectiveness of mass mobilization work.
Lao Dong Newspaper| Pham Dong | Translated by VIFUCO admin | October 5, 2025
