“Statistics collected since 1991 showed that the economy had never seen such a low first-half GDP growth rate,” Hung said.
Annual percentage growth rate of GDP at market prices based on constant local currency. In the first six months, Vietnam’s GDP growth was roughly 1.81 percent, the lowest since 2011. The respective figures for industry – construction are 2.98 percent and 73.14 percent, and the services sector 0.57 percent and 14.97 percent.GSO Deputy General Director Nguyen Thi Huong said facing complex developments of COVID-19 that have negatively affected all socio-economic aspects, the whole political system, the Government and the Prime Minister have given the top priority to the pandemic fight and showed the determination to protect people’s health and lives, even at the expense of economic benefits.This is the solid foundation for the Vietnamese economy to sustain growth and avoid contraction, she said, adding that the data show all-level authorities, enterprises and people’s success in concurrently combating the coronavirus, maintaining production and business activities, and gradually bringing the economy to the pre-pandemic status./.The ASEAN Online Sale Day (AOSD), an initiative of Vietnam within ASEAN’s cooperative framework, is to take place on e-commerce platforms on August 8,In the wake of Vietnam’s first ever National Energy Summit in July 2020, Swedish ambassador Ann Måwe reflects over Sweden’s journey, and areas where the two countries can cooperate in the development of renewable energy.Vietnam and New Zealand have agreed to facilitate border clearance of agricultural, forestry and aquatic products through the use of electronic certification (e-Cert).The Ho Chi Minh City Securities Center (the forerunner of the Ho Chi Minh City Stock Exchange, or HoSE) held its first trading session in July 2000, marking the birth of Vietnam’s securities market.Vietnam’s economic growth rate this year would reach 3.8% if there is no second COVID-19 outbreak in the second half of the year and economic activities gradually resume.Once the proposal of the Ministry of Industry and Trade (MoIT) is approved, the petrol and oil trading scene may see more foreign players.Vietnam is expected to continue witnessing massive difficulties in boosting exports in the second half of 2020 due to its key markets suffering from a decline in consumption, leading to a drop in demand for imports.Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Viet Nam Free Trade Agreement (EVFTA) takes effect.Vietnam may not reach its pepper export goal for this year due to many difficulties, according to the Viet Nam Pepper Association (VPA).Vietnam’s State budget has lost VND8.5 trillion each year due to tobacco smuggling, experts revealed at a seminar in Hanoi.No new airlines will be allowed to open in Viet Nam until 2022 at the earliest, Deputy Prime Minister Trinh Dinh Dung has announced.29/06/2020 Vietnam's GDP forecasted to reach 3.8% in 2020. License: CC BY-4.0 Line Bar Map. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. TEForecast Vietnam’s gross domestic product (GDP) increased by 1.81 percent during the first six months of 2020, the lowest first-half growth pace since 2011, according to the General Statistics Office, X. Vietnam economic growth for 2019 was $261.92B, a 6.81% increase from 2018. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. admin. Property; Finance; Life; Travel; Sports; Health; Tech; Business. It is calculated without making deductions for depreciation of fabricated assets or for … Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page.
Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Vietnam’s gross domestic product (GDP) increased by 1.81 percent during the first six months of 2020, the lowest first-half growth pace since 2011, according to the General Statistics Office (GSO).Addressing a press meeting held by the office on Monday morning, head of the GSO’s National Account System Department, Duong Manh Hung noted that the situation was attributed to the Covid-19 pandemic with social distancing measures. Finally, agriculture, forestry and fishing represent 22 percent of total output. The rate is already the highest the IMF has predicted for any Southeast Asian country this year, with the COVID-19 pandemic wreaking economic havoc around the world and threatening to drive the global economy … We have provided a few examples below that you can copy and paste to your site:Your data export is now complete.