This is the assessment of many international newspapers. This helps improve the assessments of international institutions on Vietnam’s economic prospects.

Vietnam’s economy grew strongly in the third quarter, reversing earlier predictions that Typhoon Yagi would disrupt business activity, according to Nikkei. The newspaper cited S&P Global’s assessment that Vietnam’s exports increased 15.8% compared to the same period last year.

When analyzing Vietnam’s growth momentum, the South China Morning Post said that Vietnam’s third-quarter growth increased thanks to exports and investment. In particular, Vietnam is a regional production center for multinational corporations and has attracted a stable flow of foreign investment . Foreign investment in Vietnam in the first nine months of this year increased by 8.9% compared to the same period last year, reaching 17.3 billion USD.

“Vietnam is benefiting from the global production shift wave. We believe that this trend will continue to boost Vietnam’s FDI as well as boost Vietnam’s import and export in the coming time and support economic growth,” said Mr. Hoang Huy – Director of Research and Analysis Department, Institutional Clients Division, Maybank Investment Bank.

Yahoo Finance published an article by Bloomberg, stating that Vietnam’s economy has shown resilience this year as the government pledged to cut logistics costs, improve infrastructure, and help attract investment, especially in technology.

Ms. Vivie Wei – Country Director of Dezan Shira & Associates Consulting Company Vietnam commented: “Vietnam continues to be an attractive destination for foreign investment in the technology sector. Vietnam ranks third in the number of investment deals and regains third place in total investment capital in startups in Southeast Asia. The government has introduced favorable policies and incentives to attract technology and innovation.”

Regarding the outlook, the ASEAN+3 macroeconomic research office AMRO commented that Vietnam’s economy continues to regain growth momentum with positive prospects, led by the recovery of export demand and strong foreign direct investment flows.