(Adds quote, details) HANOI, Oct 5 (Reuters) - Vietnam's government said on Sunday its economy grew at an annual rate of 8.22% in the third quarter, when a 20% tariff on U.S. imports of its products took effect, accelerating from growth of 7.96% in the second quarter. "It is the highest quarterly growth since 2011, excluding the surge in 2022 due to recovery post COVID-19 pandemic," the government statement said, citing Finance Minister Nguyen Van Thang. The third quarter was also marked by severe weather disruptions, with eight storms hitting the country, including Typhoon Bualoi, which caused an estimated 16.5 trillion dong ($625.5 million) in damage. Over the first nine months of the year, GDP grew 7.84% compared to the same period in 2024, according to the government. Vietnam is targeting gross domestic product growth of 8.3%-8.5% this year. That is faster than last year's 7.09% growth, and higher than World Bank's forecast of 6.6% and the International Monetary Fund's estimate of 6.5% growth. Consumer prices rose 3.27% year-on-year in the January–September period, with September inflation at 3.38%, the statement said. The National Statistics Office is expected to release a full set of economic data, including trade figures, on Monday. ($1 = 26,380.0000 dong) (Reporting by Phuong Nguyen; Editing by Jamie Freed and Lincoln Feast.) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
