Economic News > Vietnam economy > Macro-economic analyses and forecasts

GDP growth recorded highest in five years

Update at: 17/07/2015 09:12:45

The GDP growth rate over the first half of the year is expected to reach 6.11%, the highest level since 2010, according to the statistics of the Ministry of Planning and Investment.


The rate comes close to the target set for the year of 6.2%


Among key economic sectors, the industry and construction saw the highest increase of 8.36%, followed by services up 6.16% and agriculture-forestry-aquaculture up 2.16%.


The total retail sales and service revenue is estimated to rise 9.76% against the same period last year.


As many as 14,400 enterprises were established over the past six months with a total registered capital of nearly VND282,400 billion, a year-on-year increase of 20%.


The registered capital per enterprise averaged VND6.2 billion, up 0.5%.


The number of dissolved businesses in the period witnessed a year-on-year decrease of 0.9%. The number of enterprises, which had to stop operating, declined nearly 6%.


The Consumer Price Index in June augmented 0.35% compared to the previous month and up 0.55% against December last year./.

 

Source:VGP
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