The GDP in the first quarter of 2017 was estimated to increase by 5.10% compared to the same period last year. The growth rate in the first quarter of this year was higher than the growth rate of the first quarter of 2012-2014, but lower than the growth of 6.12% of the same period in 2015 and the growth of 5.48% of the same period in 2016.
Gross retail sales of consumer goods and services in February were estimated at 309.3 trillion VND, going down by 6.5% over the previous month and going up by 7.2% over the same period last year.
The realized investment of State budget in January was estimated at 15,203 billion VND, equivalent to 5.3% of the yearly plan and an increase of 1.9% compared to the same period in 2016.
As of January 15, 2018, the country cultivated 1,807.1 thousand hectares of winter-spring paddy, an equal to 99% compared with the same period last year.
In February, the index of industrial production (IIP) was estimated to decrease by 17.1% over the previous month and increase 8% year on year, mainly due to February this year coinciding with the Lunar New Year holiday therefore the number of working days less than other months.
GDP in the 1st quarter of 2018 was estimated to increase by 7.38%, which was the highest rate of the 1st quarter in the last 10 years, compared to the same period last year, confirming the timeliness and efficiency in the issuance of solutions and drastic direction of the Government to all levels, sectors and localities to make efforts from the first days and months of 2018.
Gross retail sales of consumer goods and services in April 2018 were estimated at 350.5 trillion VND, an increase of 1.7% over the previous month and an increase of 9.5% over the same period in 2017.
Fishery production in May was estimated at 654.3 thousand tons, grew up 6.7% compared with the same period last year, that included fish reached 483.6 thousand tons, grew up 7.2%; shrimp reached 70.2 thousand tons, rose by 11.3%; other fisheries reached 100.5 thousand tons, rose by 1.5%.
Gross Domestic Products (GDP) Growth GDP in the first [...]
Gross domestic product (GDP) in the first 6 months of 2018 was estimated to increase 7.08% compared to the same period last year, the highest increase of 6 months from 2011 onwards, affirming the timeliness and efficiency of the drastic direction of the Government to achieve the economic growth target in 2018.
