The GDP in 2016 was estimated to increase by 6.21% compared to 2015, of which quarters’ growth rate was 5.48%, 5.78%, 6.56%, and 6.68%, respectively. This year’s overall growth rate was lower than the increase of 6.68% in 2015 and did not reach the target of 6.7%.
As of mid-November, the whole country harvested 1240.5 thousand hectares of winter rice, accounting for 67.5% of the cultivated area and equaling 96.7% from the same period last year. The cultivated area of winter rice in the North reduced 14.7 thousand hectares compared with last year.
As of mid-October, the Northern provinces harvested 810.9 thousand hectares of winter rice, accounting for 70.4% of the cultivated area and equalling 96.8% from the same period last year, of which the Red River Delta harvested 400.3 thousand hectares, accounting for 73% of the cultivated area and equalling 94.7%.
GDP in nine months of 2016 was estimated to grow by 5.93% compared to the same period last year, continuing the trend that quarterly GDP growth is higher than GDP growth of the previous quarter (GDP grew by 5.48% in the first quarter; 5.78% in the second quarter; and 6.40% estimate in the third quarter), but it was lower than the growth rate of 6.53% in 2015’s same period.
The gross domestic product (GDP) in 9 months of 2016 was estimated to increase 5.93% over the same period last year, continuing to maintain the GDP growth rate of the next quarter higher than the previous quarter.
As of August 15, the whole country cultivated 1352.0 thousand hectares of winter rice, equaling 98.9% from the same period last year, of which Northern provinces cultivated 1127.1 thousand hectares, equaling 98.6% from the same period last year; Southern localities cultivated 224.9 thousand hectares, equaling 100.4% from the same period last year.
As of July 15, the whole country cultivated 997.1 thousand hectares of winter rice, equaling 91.5% from the same period last year, of which Northern provinces cultivated 850.6 thousand hectares, equaling 91.8%. As of mid-July, the whole country cultivated 2094.1 thousand hectares of summer-autumn rice, equaling 100.1% against the similar period last year
GDP in six months of 2016 was estimated to grow by 5.52% compared to the same period last year. The growth in six beginning months of this year was higher than the growth in the same period of years 2012-2014, but there were signs of a slowdown compared with the increase of 6.32% in the same period of 2015.
Generally, in five beginning months of the year, the country had 44740 enterprises registered for new establishment with a total registered capital of 349.5 trillion dongs, an increase of 24.1% in the number of businesses and an increase of 59.3% in the registered capital against the same period in 2015.
The gross domestic products (GDP) in 2019 witnessed an impressive result with a growth rate of 7.02%, exceeding the National Assembly's target of 6.6% - 6.8% .
