Gov’t convenes video-conference to review first half performance
09:01 | 02/07/2018

VGP – A video conference is underway in Ha Noi to review socioeconomic performance in the first six months and discuss ways to realize this year’s development goals.

Photo: VGP/Quang Hieu

Participants include Government leaders, ministers and leaders of all localities.

The first half witnessed a number of encouraging signals, including GDP growth of 7.08%, the highest first-half rate since 2011.

The growth was mainly buoyed by robust expansion of manufacturing and processing sector (13%), relatively high consumption goods demand, and rising exports.

However, more efforts are needed to reach growth of 6.53% and 6.36% in the third and fourth quarters in order to achieve the whole year’s goal of 6.7%, according to the Ministry of Planning and Investment.

Inflation is now under control but the consumer price index rose on month-to-month basis, from 0.55% in May and 0.61% in June. On such basis, it may be difficult to put the inflation rate under 4% as fixed by the National Assembly./.

By Ngoc Van

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