Vietnam Records High Economic Growth in First Quarter
Vietnam has seen high economic growth in the first quarter this year with gross domestic product (GDP) growth estimated to hit 7.7 per cent, the highest since 2001, state media said.
The previous GDP growth record was the first quarter of 2005, at 7.3 per cent.
In the first three months, some key economic sectors attaining high growth rates are agro, forestry and fisheries at 2.3 per cent, and industry and construction at 9.3 per cent.
Industrial production increased strongly by 16.6 per cent on-year, valued at VND130 trillion (US$8.1 billion).
Export turnover is estimated to reach US$10.48 billion, 18 per cent higher than last year.
Crude oil still makes the largest contribution to total export value, but decreases 14.6 per cent compared to the same period last year.
The consumer price index decreased 0.22 per cent in March, but the figure over three months rose 3.02 per cent. (VNA)
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