1,737.71VN-Index · Friday, Oct. 2 close · −0.66%

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26,170USD/VND · Vietcombank selling rate · updated 11 p.m. on Oct. 4
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, MON., OCT. 5, 2026No. 1 · Morning, 6:00 a.m. ICT6 a.m. ICT
VN-Index1,737.71▼0.66%10/2USD/VND26,170.00▼0.06%10/4S&P 5007,722.72▲0.73%10/2WTI$91.11▼1.90%10/2Gold$4,162.30▼1.00%10/2
Economy · VietnamPress ✓ 6 outlets · figures from the Statistics Office

Q3 GDP grows 9.95%, the fastest in four years; nine-month growth is 9.01%, and reaching 10% for the year requires a very strong fourth quarter

The industry and construction sector led growth, and exports of goods and services rose by more than 23%. The statistics agency says that for the full year to reach 10%, the fourth quarter needs about 12.5%.

The Statistics Office (Ministry of Finance) announced on the morning of Saturday, Oct. 3 that gross domestic product (GDP) grew 9.95% in Q3 2026 from a year earlier, higher than Q1 (8.15%) and Q2 (8.81%), according to VOV, CafeBiz and Công Thương. For the first nine months combined, GDP grew 9.01%. Some outlets describe this as the highest in the past four years, behind only Q3 2022.

The industry and construction sector grew 12.5% and contributed about 51.6% of the increase, services grew 9.54%, and agriculture, forestry and fisheries grew 4.21%. On the demand side, final consumption grew 8.96%, capital formation grew 21.39% and exports of goods and services grew 23.27%, according to outlets citing the statistics agency’s figures.

The full-year growth target is reported as 10% or higher. With 9.01% after the first nine months, many outlets calculate that Q4 needs about 12.5% growth to meet the target, and the statistics agency calls that a fairly big challenge. This is a target figure, not a result that has happened.

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By the numbers
9.95%Q3 2026 GDP from a year earlier (Statistics Office)
9.01%GDP for the first nine months
~12.5%what Q4 needs for the full year to reach 10%, according to the outlets
Markets · VietnamPress ✓ 5 outlets · figures from Vietstock, Nhân Dân, Công luận

VN-Index falls for a fifth straight session to 1,737.71 points as foreign investors sell more than VND 3,300 billion on net

The VN-Index closed Friday’s session on Oct. 2 at 1,737.71 points, down 11.59 points (0.66%), according to Vietstock, Nhân Dân and Công luận. On HOSE, 216 stocks fell and 90 rose; matched trading value was about VND 19,176 billion. Banking and brokerage shares came under selling pressure, while VIC rose 1.82%.

Foreign investors’ net selling topped VND 3,300 billion, concentrated in PNJ and HDB. Over the week, the index lost more than 47 points (2.65%), its second weekly decline in a row. The brokerage ACBS said the index had lost the 1,740 level and could test the support zone of 1,700 to 1,720 points. This is one firm’s assessment, not a general forecast for the market.

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Word of the day
Net sellingMarkets

A situation in which investors sell more than they buy in one session or over a period; often used when talking about foreign investors.

Economy · PricesPress ✓ 5 outlets · figures from the Statistics Office

September CPI rises 5.08% from a year earlier; nine-month average is 4.52%, above the 4.5% target

According to a release from the Statistics Office, the consumer price index (CPI) in September rose 0.62% from the previous month and 5.08% from a year earlier, mainly because domestic fuel prices were adjusted in line with world prices and because of new tuition fees at some schools. Compared with December 2025, CPI rose 4.20%.

On a nine-month average, CPI rose 4.52% and core inflation rose 4.26%. VOV observed that 4.52% is already above the 4.5% target set for the whole year. In the same release, the statistics agency said total goods trade turnover for the nine months reached $888.02 billion, up 30.4%.

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World · EnergyPress ✓ 6 outlets · oil prices from Bnews

Iran: Strait of Hormuz stays closed until the US accepts a seven-day plan; Brent stands at $102.25

Iranian Parliament Speaker Mohammad Baqer Qalibaf said on Sunday, Oct. 4 that the Strait of Hormuz will remain closed until Washington accepts Tehran’s seven-day plan, according to Al Jazeera, Arab News and Reuters. Foreign Minister Abbas Araghchi said the seven-day period for reopening the strait only starts counting once the US agrees. The US replied through Qatar as an intermediary; according to the outlets, the main disagreement is over the sequence of steps, not their content.

On the market, Brent crude closed Friday’s session on Oct. 2 at $102.25 a barrel, down 6 cents, while WTI fell 1.9% to $91.11 a barrel, according to Bnews. For the week, Brent rose a slight 0.11% while WTI fell 1.6%. European countries agreed to release more diesel from strategic reserves to cool fuel prices.

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World · EconomyPress ✓ 4 outlets · figures from CNBC, Kalshi

US adds only 29,000 jobs in September, and the chance of a Fed rate hike this month drops sharply

The US economy added 29,000 nonfarm jobs in September, far below forecasts of about 84,000 to 90,000, and the unemployment rate rose to 4.2% from 4.1%, according to CNBC and market analysis sites. July jobs were revised to a loss of 10,000, and August was revised down from 162,000 to 133,000.

After the report, the probability that the US Federal Reserve (Fed) raises interest rates at its Oct. 28 FOMC meeting fell from about 65% to 70% to about 14% to 22%, depending on the source. The market still prices in the possibility of a rate hike in December. The S&P 500 still rose 0.73% to 7,722.72 points in Friday’s session.

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In brief
  • VN-Index closes at 1,737.71 (−0.66%), a fifth straight decline; foreign investors net sell more than VND 3,300 billionVietstock, Nhân Dân
  • USD selling rate at Vietcombank is VND 26,170; central exchange rate is about VND 25,636vietnam.vn, Vietbao
  • Brent $102.25 (−6 cents), WTI $91.11 (−1.90%) in Friday’s session on Oct. 2Bnews
  • World gold $4,162.3 an ounce (−1.0%) in Friday’s sessionmarket data
  • S&P 500 rises 0.73% to 7,722.72 after weak jobs reportCNBC
  • Government issues Decree 381: civil service allowance at commune level to 55%Báo Chính phủ
  • Hanoi and the North get cold air from the night of Oct. 4VTV, Dân trí
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Unverified — what we could not confirm

“Q3 GDP grew 12.5%.” The 12.5% figure is what Q4 needs for the full year to come to exactly 10%, not the Q3 result. The Q3 result is 9.95% (VOV, CafeBiz, Công Thương).
“The Strait of Hormuz will reopen within seven days.” Foreign Minister Araghchi said the seven-day period only starts when the US accepts the plan; Parliament Speaker Qalibaf said the strait remains closed (Al Jazeera, Arab News). There is no confirmation of a reopening.
“Nine-month inflation has already exceeded 5%.” 5.08% is September’s rise from a year earlier. The nine-month average is 4.52% (Statistics Office release).
Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.
INSIDEQ3 GDP grows 9.95%, the fastest in four years; nine-month growth is 9.01%, and reaching 10% for the year requires a very strong fourth quarterEconomy · VietnamVN-Index falls for a fifth straight session to 1,737.71 points as foreign investors sell more than VND 3,300 billion on netMarkets · VietnamSeptember CPI rises 5.08% from a year earlier; nine-month average is 4.52%, above the 4.5% targetEconomy · PricesIran: Strait of Hormuz stays closed until the US accepts a seven-day plan; Brent stands at $102.25World · EnergyUS adds only 29,000 jobs in September, and the chance of a Fed rate hike this month drops sharplyWorld · Economy