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2026-11-07T08:55:14.000Z

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Vietnam Needs Integration

Vietnam Needs Integration

Qatar National Bank expects Vietnam’s economy to continue growing after GDP rose 9.95% in the third quarter of 2026, bringing growth for the first nine months to 9.01%. However, it warned that sustaining this momentum depends on local companies benefiting more from the export boom and foreign investment. Registered foreign investment rose 76.4% to $50.4 billion, while exports and manufacturing remained concentrated among foreign-owned companies and local firms had limited links to supply chains. Imports also increased by 36.7%, compared with export growth of 24.5%. The report said stronger integration would require investment in skills, faster project implementation and greater capacity among local suppliers, as well as making use of new investment in technology and infrastructure and of domestic demand.

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