Non-state Businesses Post Highest Growth in H1, GSO Director-General

Non-state enterprises were estimated to have posted the 20.5 per cent growth, the highest among other sectors which contributed to the country’s gross domestic product of 7.87 per cent growth in the first six months of this year, director general of the state-owned General Statistics Office, Le Manh Hung said.

 

Hung did not disclose the detail value, noting that the sector was followed by the foreign-invested and state-owned sectors with growth rates of 19.3 per cent and 8.5 per cent, respectively.

 

Vietnam’s GDP growth rate was based on rapid growth of construction and industry sectors and services with 9.88 per cent and 8.41 per cent, respectively, fuelled by foreign direct investments.

 

At the press conference, Hung warned that the consumer price indexes (CPI) soared 5.2 per cent, up 7.8 per cent on year and 25 per cent compared with that in December last year.

 

The country’s trade turnover was estimated to have reached roughly US$50 billion, up 25 per cent on year. However, the trade deficit reached US$4.78 billion, doubling that compared with that in 2006.

 

International tourist arrivals were estimated to have hit 2.11 million, up 14.7 per cent on year. (Youth Online)