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Vietnamese PM urges ministries to strive for 6.5-7% GDP growth in Q3

09 Jul '24
1 min read
Vietnamese PM urges subordinates to strive for 6.5-7% GDP growth in Q3
Pic: Adobe Stock

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  • Vietnamese Prime Minister Pham Minh Chinh has urged ministries and officials to double efforts to achieve a GDP growth of 6.5-7 per cent in the third quarter (Q3) this year.
  • Growth in the country accelerated to 6.93 per cent in Q2 2024 from 5.66 per cent in Q1.
  • In the first half this year, GDP grew by 6.42 per cent compared to 3.84 per cent during H1 2023.
Vietnamese Prime Minister Pham Minh Chinh recently urged ministries and officials to double efforts to achieve a gross domestic product (GDP) growth of 6.5-7 per cent in the third quarter (Q3) this year.
 
Growth in the country accelerated to 6.93 per cent in Q2 2024 from 5.66 per cent in Q1, according to the general statistics office.
 
In the first half (H1) this year, the country's GDP grew by 6.42 per cent compared to 3.84 per cent during H1 2023, a domestic news outlet reported.
 
Agriculture saw a growth of 3.38 per cent, while in the industry and construction sector, growth was up by 7.51 per cent. Agriculture and industry-construction sectors respectively make up 11.55 per cent and 36.44 per cent of the country's GDP.
 
The consumer price index in June rose by 0.17 per cent from May and by 4.08 per cent in H1 2024.

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