Key facts
- Vietnam's economy grew 8.39% year-on-year in the second quarter of 2026.
- This marks an acceleration from 7.83% growth in the first quarter.
- First-half growth for 2026 stands at 8.18%.
- Industry and construction saw a significant surge of 10.51% in the second quarter.
- Fixed investment experienced a substantial increase of 15.20% during the quarter.
Vietnam's economy demonstrated accelerated growth in the second quarter of 2026, expanding by 8.39% year-on-year. This figure represents an increase from the 7.83% growth recorded in the first quarter, bringing the total growth for the first half of the year to 8.18%. The strong performance was driven by robust gains across all sectors, with industry and construction surging by 10.51%, contributing over half of the total value added. Services also posted solid growth of 7.87%, while agriculture expanded by 4.06%.
On the expenditure side, final consumption rose by 8.15%, and fixed investment saw a significant surge of 15.20%. The trade front indicated strong domestic demand and external trade flows, with exports of goods and services climbing 20.18%, while imports outpaced this growth at 26.44%.
Despite the accelerating growth, the current pace puts pressure on the government to meet its ambitious 10% annual growth target for 2026.