Vietnam’s growth continues but will depend on stronger domestic economy’s integration: QNB

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Doha, Qatar: Vietnam s growth is set to continue, but its quality will depend on the domestic economy, Qatar National Bank (QNB) said in its weekly ec...

Doha, Qatar: Vietnam's growth is set to continue, but its quality will depend on the domestic economy, Qatar National Bank (QNB) said in its weekly economic commentary.

The export boom remains largely captured by foreign firms, while the new wave of technology investment and stronger domestic demand offer an opportunity to deepen local linkages. Seizing it will require investment in skills, faster project execution and stronger local suppliers.

Vietnam has become one of the standout growth stories of the global economy in recent years. In the third quarter of 2026, real GDP expanded 9.95% year-on-year, the fastest quarterly pace in four years, bringing growth for the first nine months to 9.01%. This acceleration builds on an expansion of 8.02% in 2025, already the strongest performance since 2011.

The momentum has been underpinned by a historic pipeline of foreign direct investment (FDI)…

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