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Vietnam’s gross domestic product (GDP) is estimated to rise 7.72 per cent year-on-year (YoY) in the second quarter (Q2) of this year. This is higher than the country’s growth during the same period between 2011 and 2021.
Vietnam has experienced growth in various industries including manufacturing, retail and processing in the last 6 months of 2022, said Vietnamese media reports quoting Nguyen Thi Huong, general director of General Statistics Office (GSO).
Vietnam’s gross domestic product (GDP) is estimated to rise 7.72 per cent year-on-year (YoY) in the second quarter (Q2) of this year. This is higher than the country’s growth during the same period between 2011 and 2021. Vietnam has experienced growth in various industries including manufacturing, retail and processing in the last 6 months of 2022.
The country’s final consumption expenditure rose by 7.32 per cent, accumulated assets grew by 4.57 per cent, imports went up by 4.88 per cent, while exports were up by 12.33 per cent during Q2 2022 as compared to the same period last year.
The GDP of Vietnam was up to 6.42 per cent in the first six months of 2022, as compared to 2.04 per cent in January-July 2020 and 5.74 per cent in January-July 2021.
Fibre2Fashion News Desk (KD)
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