SUMMARY
 
Vietnam's GDP in Q3/2022 was announced impressively with an increase of 13.67% over the same period last year, significantly higher than previous forecasts of experts (10-11%). Accordingly, in 9M/2022, the economy grew by 8.83%, the highest level since 2011 until now.
 
Immediately after the Q3 GDP was announced, Vietnam's economic growth prospects for 2022 were highly appreciated, and many international organizations raised their GDP growth forecasts for 2022. Specifically, HSBC raised its forecast to 6.9%, and IMF to 7-7.5%. In addition, the World Bank previously gave a forecast of 7.5%, and Vietnam was upgraded by S&P and Moody's credit rating to BB+ and Ba2 respectively with a stable long-term outlook.
 
However, it should be noted that the strong growth of Q3 was mainly due to the negative growth of Q3/2021. And in addition to domestic consumption, a number of manufacturing and export industries are showing signs of slowing down since the beginning of Q3 amid uncertainties in the world economy.
 
TABLE OF CONTENTS
 
A. OVERVIEW
General perception
Overview of macroeconomic indicators
Brief review of some industries
 
B. VIETNAM MACROECONOMICS
Consumer Price Index (CPI)
Domestic production
Retail & Consumption
Import and export
Foreign Direct Investment (FDI)
Business registration status
State budget
Investment capital from the State Budget
 
C. FINANCIAL MARKET
Credit system
Government Bonds
Corporate Bonds
Stock market
 
D. UPDATE OF SOME KEY INDUSTRIES
Insurance
Tourism
Transportation
Aviation
Steel
Cement
Oil and Gas
Electricity
Textile, Garment and Footwear
Seafood
Rubber
Fertilizer
Wooden products
Animal feed
Agricultural products
 
E. COMMODITY PRICE
Crude oil price movements and currencies
Price movements of some commodities
Freight rates for some main routes