Vietnam is booming GDP this year is positive 2.9%, even if it looks less than ten years – can break through the COVID crisis
Vietnam is booming Dec 28 Xinhua Vietnam’s National Statistical Office (GSO) reported that Vietnam’s gross domestic product, or GDP, grew 2.91 percent in 2020 amid the impact of the novel coronavirus outbreak. (Covid-19)
The office said the figure was the lowest growth in the past decade. But still considered “Great success” of the country
Clothing stores in Hanoi Vietnam Capital, Aug.8, 2020 / Xinhua
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Vietnam economy expanded by 4.48 percent in the fourth quarter (Oct.-Dec) year-on-year. Partly due to the COVID-19 control measures Effective And a free trade agreement with the European Union (EU), which came into effect in August.
Agriculture, forestry and fisheries sector grew by 2.68 percent compared to the same period last year. While the industrial and construction sectors grew 3.98 percent
Vietnam’s Prime Minister Nguyen Xuan Phuc is pictured on the screen (R) as he addresses his counterparts during the 4th RCEP Summit at the ASEAN summit being held online in Hanoi on November 15, 2020. (Photo by Nhac NGUYEN / AFP)
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The service sector grew by 2.34 percent, all of which contributed to the overall growth of 13.5 percent, 53 percent and 33.5 percent, respectively.
Vietnam’s GDP grew by 7.02 percent in 2019, exceeding the annual target set by 6.6-6.8 percent.
A recent World Bank report predicted that the Vietnamese economy would grow approximately 6.8 percent in 2021 and remain stable at 6.5 percent thereafter.
Photo taken on June 7, 2019 shows a train during the operational drill of Cat Linh-Ha Dong urban railway project in Hanoi, capital of Vietnam. (Xinhua/Wang Di)
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A plan recently approved by the senior Vietnamese legislature It said Vietnam will aim to achieve GDP growth of around 6 percent by 2021 and combat the COVID-19 outbreak. Efficiently
The office added that despite the COVID-19 outbreak Will affect world trade But Vietnam had trade income of US $ 5.43 billion, or about 16.38 trillion baht, an increase of 5.1 percent from the previous year and a trade surplus of US $ 1.91 billion. Which is the highest since 2016
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Read related news: Vietnam, the only country in ASEAN The economy grows the most In the midst of COVID
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