GSO: Q1 GDP highest over three years

VGP – Viet Nam’s Gross Domestic Product (GDP) in the first quarter of 2015 reached 6.03%, the highest figure recorded in the same period over the past three years (4.76% in 2013 and 5.06% in 2014), according to the General Statistics Office (GSO).

March 27, 2015 11:13 AM GMT+7

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The industry and construction sector witnessed the highest growth rate of 8.35%, accounting for 34.8% of the nation’s GDP. It was followed by the service sector with 5.82% and agriculture-forestry-aquaculture with 2.14%.

Deputy Minister of Planning and Investment Dao Quang Thu asserted that the economy has developed and gained a number of positive signs in comparison with the same period some years ago, especially in terms of industry.

He forecasted that the nation’s GDP in 2015 may reach 6.2% or higher.

In the first quarter of the year, the State budget gained VND180,400 billion, equal to 20% of the estimates.

By Thuy Dung