Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
ECB Rate Hike in Focus as Oil Tops $100 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Gold Prices Steady Ahead of U.S. Inflation Data and Fed Decision 
Norway Core Inflation Rises to 3% in August 
China Boosts Gold Reserves by 650,000 Ounces as Prices Rally 
Asian Stocks Fall as Oil Tops $100, Yields Rise 
Iraq Seeks 6 Million Bpd OPEC+ Oil Quota 
Asian Currencies Steady as Yen Holds Firm, Oil Tops $100 
Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate 
South Korea GDP Surges on Chip and AI Boom 
Asian Stocks Mixed as Korean Chipmakers Rally 
U.S. Stock Futures Steady as Oil Tops $100 Ahead of Inflation Data 
US Bans Canadian Alcohol, Motorcycles as Trade War Escalates 
Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets 
Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation 
Oil Prices Hold Near Highs as U.S.-Iran Conflict Escalates 
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Vietnam Sets Ambitious Economic Growth Target for Q4 2024
Vietnam is striving for robust economic growth in the final quarter of 2024, intending to expand its GDP by 7.6%-8%, according to the country's planning minister. This goal aligns with the government's commitment to maintain its full-year target of 7% growth.
Q3 Economic Performance Highlights Resilience
Government data released recently shows that Vietnam's Gross Domestic Product (GDP) grew by 5.33% year-on-year in the third quarter. This rate surpassed the 4.05% expansion of the second quarter, showcasing the country's resilience in the face of challenges, including natural disasters that impacted the economy last month.
Focus on Sustained Economic Momentum
The positive performance in Q3 strengthens confidence in meeting the 7% growth target for 2024. Despite external economic pressures and internal challenges, Vietnam's economy remains on a strong upward trajectory, contributing to its position as one of the fastest-growing economies in Southeast Asia.
Conclusion
Vietnam’s strategic focus on boosting economic growth is evident as it aims for a 7.6%-8% GDP expansion in Q4 2024, staying on track to meet the annual growth target. The Q3 growth demonstrates the country's resilience and continued economic momentum.
