Vietnam GDP up 5% in nine months
Thứ Năm, 26/09/2013, 02:03
The country's Gross Domestic Product (GDP) rose 5.14 % in the first nine months of this year, according to a report released by the Ministry of Planning and Investment on September 24.
The report said that the trade and services industry posted the highest GDP growth of 6.25% year-on-year, followed by the construction industry with 5.02% and the agriculture, forestry and fisheries industry with 2.39%.
GDP growth was better than last year's 4.73 % and even slightly increased from quarter to quarter, rising from 4.89% in Q1 to 5% in Q2.
However, few experts expect the country to meet the initial target of 5.5% approved by the National Assembly. The Vietnam Academy of Social Sciences, for instance, predicted a modest growth of 4.92 %.
(Source: nhandannewspaperonline)
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