Vietnam's economy grows 7.08 percent in 1st half of 2018

News Image

MG News | June 29, 2018 at 12:13 PM GMT+05:00

0:00

Vietnam is estimated to gain gross domestic product (GDP) growth of 7.08 percent in the first half of this year, the highest first-half growth rate since 2011, the country's General Statistics Office said on Friday.

Regarding economic structure in the six-month period, agriculture, forestry and fishery accounted for 14.15 percent of the GDP, industry and construction 33.78 percent, service 41.82 percent, and product taxes excluding subsidies 10.25 percent.

The agriculture, forestry and fishery grew 3.93 percent, contributing 9.7 percent to the whole economy's growth; industry and construction grew 9.07 percent, contributing 48.9 percent; and service grew 6.9 percent, contributing 41.4 percent.

Vietnam is taking synchronous measures to gain GDP growth of over 6.7 percent this year, according to a government report recently presented before the country's top legislature. The top legislature targeted GDP growth of 6.5-6.7 percent in 2018, compared with 6.81 percent in 2017.

Vietnam's economic prospects improve further, with GDP projected to expand by 6.8 percent in 2018, the World Bank in June stated in its latest economic update for the country.

APP

 

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,580.00 119,740.00
116,460.00
-1715.00
-1.45%
BRENT CRUDE 73.32 73.63
71.75
0.81
1.12%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.16 70.51
68.45
0.95
1.37%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg