Vietnam’s GDP rises by 13.67 percent in third quarter: statistics office

Vietnam’s gross domestic product (GDP) grew by 13.67 percent in the third quarter, according to the General Statistics Office (GSO).
Vietnam’s GDP rises by 13.67 percent in third quarter: statistics office ảnh 1 All economic sectors have seen significant recovery. (Photo: SGGP)
The three months posted such high growth as the same period last year which saw the Covid-19 pandemic breaking out strongly and seriously affecting production and business activities.

With upbeat signs reported in almost all aspects between January and September, the GDP was estimated to rise 8.83 percent for the period, the highest nine-month growth recorded in 2011-2022.

In the context, the GSO also pointed out that the agro-forestry-fishery sector grew by 2.99 percent in the first nine months.

The industry and construction, meanwhile, increased by 9.44 percent, contributing 41.79 percent; and service rose by 10.57 percent.

Regarding GDP use, final consumption expenditure climbed 7.26 percent over the same period last year; accumulated assets rose by 5.59 percent; exports of goods and services up 8.94 percent; and imports of goods and services up 4.74 percent.

Head of the GSO Nguyen Thi Huong said in the period, ministries, sectors and localities have drastically implemented the Government’s resolutions serving the nation’s program for recovery and socio-economic growth.

As a result, macro-economy was stabilized, inflation put under control, major balances ensured, monetary and fiscal policies conducted flexibly and effectively, business investment environment improved positively, and social security guaranteed, she noted.

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