Vietnam’s GDP up 5.03 Percent in 2012
Vietnam’s Gross Domestic Product (GDP) growth rate in 2012 increased 5.03 percent, lower than the plan set for the year (6 percent).
Vietnam's GDP growth rate in 2012 shows the State’s effective measures and solutions.
In the first quarter, the CPI rose 4.64 percent, the second quarter up 4.08 percent, third quarter 5.05 percent and fourth quarter 5.44 percent.
The agricultural, forestry and aquaculture sector increased 2.72 percent, industry and construction sector up 4.52 percent and service sector up 6.42 percent.
To achieve the development goal of 6.5-7 percent in 2011-2015, Vietnam has to reach the average GDP growth rate of 8-9 percent by 2014 and 2015.
According to the General Statistics, in the context of global economic crisis, the GDP growth rate of Vietnam has been improved in each quarter, showing the State’s effective measures and solutions.
VGP