The press conference (Source: VNA) Hanoi (VNA) –Vietnam’s gross domestic product (GDP) in the first nine months of2017 grew about 6.41 percent as compared to the same period last year, reportedthe General Statistics Office (GSO).
GSO General Director Nguyen Bich Lam said at a press conference in Hanoi onSeptember 29 that the country’s GDP growth rate in the third quarter posted arecord high of 7.46 percent, while the figures in the second and first quarterswere 6.28 percent and 5.15 percent, respectively.
Lam said breakthroughs have been made in the processing and manufacturingsector and export activities. Besides, structural transformation in rural areas,forestry and fisheries sectors has proven effective, he added.
According to GSO, the nine-month GDP growth rate was mainly contributed by theagro-forestry-fishery sector, along with industry, construction, and services. Processingand manufacturing also made a big stride in the third quarter with a rise of16.63 percent, the highest level since 2011.
Pham Quynh Loi, Deputy Director of the Trade and Services StatisticsDepartment, said the country’s export turnover in the first nine months of thisyear was estimated at 154 billion USD, up 19.8 percent year-on-year.
The consumer price index (CPI) in September rose by 0.59 percent from theprevious month and by 3.4 percent over the corresponding time last year. Theaverage CPI in the nine months was up 3.79 percent as compared with the sameperiod of 2016.
The target ofcurbing inflation and keeping the CPI in 2017 below 4 percent is achievable, saidVu Thi Thu Thuy, Director of the Price Statistics Department.
Between Januaryand September, Vietnam attracted 25.5 billion USD in foreign direct investment(FDI), a rise of 34.3 percent year-on-year. Meanwhile, 12.5 billion USD of FDIcapital was disbursed in the reviewed period.
As many 93,967 enterprises registered to establish with a total registered capitalof 902.7 trillion VND (around 39.7 billion USD), up 15.4 percent in number and43 percent in capital. In addition, 21,100 businesses in the country resumedoperations, a year-on-year rise of 2.9 percent.
However, there remained limitations in State budget collection and spending,plus losses caused by natural disasters and complex developments of dengue,heard the conference.
In order to reach the growth target of 6.7 percent set for the whole year, itis a must to gain a growth rate of 7.31 percent in the last quarter, Lam said,noting that the goal is achievable thanks to the concerted efforts of thegovernment, ministries and sectors.-VNA
GSO General Director Nguyen Bich Lam said at a press conference in Hanoi onSeptember 29 that the country’s GDP growth rate in the third quarter posted arecord high of 7.46 percent, while the figures in the second and first quarterswere 6.28 percent and 5.15 percent, respectively.
Lam said breakthroughs have been made in the processing and manufacturingsector and export activities. Besides, structural transformation in rural areas,forestry and fisheries sectors has proven effective, he added.
According to GSO, the nine-month GDP growth rate was mainly contributed by theagro-forestry-fishery sector, along with industry, construction, and services. Processingand manufacturing also made a big stride in the third quarter with a rise of16.63 percent, the highest level since 2011.
Pham Quynh Loi, Deputy Director of the Trade and Services StatisticsDepartment, said the country’s export turnover in the first nine months of thisyear was estimated at 154 billion USD, up 19.8 percent year-on-year.
The consumer price index (CPI) in September rose by 0.59 percent from theprevious month and by 3.4 percent over the corresponding time last year. Theaverage CPI in the nine months was up 3.79 percent as compared with the sameperiod of 2016.
The target ofcurbing inflation and keeping the CPI in 2017 below 4 percent is achievable, saidVu Thi Thu Thuy, Director of the Price Statistics Department.
Between Januaryand September, Vietnam attracted 25.5 billion USD in foreign direct investment(FDI), a rise of 34.3 percent year-on-year. Meanwhile, 12.5 billion USD of FDIcapital was disbursed in the reviewed period.
As many 93,967 enterprises registered to establish with a total registered capitalof 902.7 trillion VND (around 39.7 billion USD), up 15.4 percent in number and43 percent in capital. In addition, 21,100 businesses in the country resumedoperations, a year-on-year rise of 2.9 percent.
However, there remained limitations in State budget collection and spending,plus losses caused by natural disasters and complex developments of dengue,heard the conference.
In order to reach the growth target of 6.7 percent set for the whole year, itis a must to gain a growth rate of 7.31 percent in the last quarter, Lam said,noting that the goal is achievable thanks to the concerted efforts of thegovernment, ministries and sectors.-VNA
VNA
