Vietnam Economy: Vietnam’s Q3 GDP grew 9.95% year-on-year, the fastest quarterly pace since COVID, driven by strong exports and infrastructure investment, while the full-year target of above 10% still looks tight. Trade & Prices: September exports rose 39.1% to $59.48b, imports climbed 45.8% to $58.21b, leaving a $1.27b trade surplus; for nine months, the trade deficit hit a record $19.42b as energy import costs stayed high. Hanoi Watch: Hanoi CPI rose 0.81% in September, with food prices up after heavy rains disrupted vegetable supply, and housing-related costs also climbing. Business Momentum: Vietnam added nearly 149,700 new enterprises in nine months (+3.2%), with registered capital up 32.7% to over 1.88 quadrillion VND, even as fewer firms resumed operations. FDI Update: Registered FDI surged to $50.36b in nine months (+76.4%), while disbursed FDI reached $21.07b, the highest in five years. Auto Demand: Toyota Vietnam sales jumped 45% month-on-month in September, with hybrid sales doubling year-on-year as fuel-efficient models gain traction. Energy Policy: The Ministry of Industry and Trade plans to revise the Law on Electricity to remove power-investment barriers and speed up grid and generation planning. Hanoi Culture: Hanoi kicked off the first Vietnam Culture Day with activities running through Nov. 24, spotlighting Thang Long-Hanoi’s thousand-year heritage.