Vietnam: Growth in GDP level in Q2
June 29, 2015
In Q2 2015, GDP expanded 6.4% over the same period last year, according to data released by the General Statistics Office (GSO) of Vietnam. This marked an improvement over Q1’s 6.1% expansion.
In the first six months up to June, GDP expanded 6.3% over the same period last year. At the sector level, agriculture expanded 2.3% over the same period last year (Jan-Jun 2014: +3.0% year-on-year). In addition, services rose 5.9% in the six months up to June, which was slightly below the 6.0% increase observed in the same period last year. Conversely, industry expanded 9.1% (Jan-Jun 2014: +5.5% yoy).
Author: Robert Hill, Economist