Vietnam’s GDP up 5.64 percent in H1: GSO

Vietnam’s gross domestic product (GDP) expanded 5.64 percent in the first half of this year, the General Statistics Office (GSO) announced on June 29.

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The rate was higher than the figure of 1.82 percent recorded in the same period last year but lower than 7.05 percent and 6.77 percent in the corresponding periods of 2018 and 2019, respectively.

The agro-forestry-fishery sector increased 3.82 percent; industry and construction, up 8.36 percent; and services, up 3.96 percent, the office said.

In terms of economic structure in the first two quarters, agro-forestry-fishery made up 12.15 percent; industry and construction, 37.61 percent; and services, 41.13 percent.

The GDP growth reflected the drastic management of the Government and the Prime Minister, as well as the consensus of the entire political system, the business community, people nationwide and those working on the frontline of the COVID-19 combat./.

VNA