According to data released by the General Statistics Office of Vietnam (GSO), GDP expanded 4.0% in the first three months of 2012, which marked a moderation compared to the 6.1% increase recorded in the previous quarter and the 5.6% expansion recorded in the same period last year. At the sector level, the result was driven by a moderation in all the three main sectors. In particular, industry and construction experienced the strongest deceleration, expanding 2.9% over the same period of the previous year (Jan-Mar 2011: +5.7% year-on-year). Services slowed from a 5.9% expansion in the first three months of 2011 to a 5.3% rise and, finally, agriculture rose 2.8%, down from the 3.6% increase recorded in the January-March period in 2011. According to the GSO, GDP growth could reach between 6.0% and 6.5% in 2012.
GDP growth moderates in first quarter
March 30, 2012
Looking for forecasts related to GDP in Vietnam? Download a sample report now.
Vietnam Economic News
October 3, 2016
In Q3 2016, GDP expanded 6.4% over the same period of the previous year, according to data released by the General Statistics Office (GSO) of Vietnam.
October 3, 2016
The Nikkei manufacturing Purchasing Managers’ Index (PMI) increased from August’s 52.2 to 52.9 in September and reached a 16-month high.
September 29, 2016
In September, industrial output rose 7.6% over the same month last year, which was above the 7.3% rise recorded in August.
September 1, 2016
The Nikkei manufacturing Purchasing Managers’ Index (PMI) climbed up from July’s 51.9 to 52.2 in August, reflecting a modest improvement in the operating conditions in the manufacturing sector.
August 29, 2016
In August, industrial output rose 7.3% over the same month last year, which was just a notch above the 7.2% rise recorded in July.