GDP growth hits 5-year high of 6.68%

by VTV427 December 2015 Last updated at 14:55 PM

VTV.vn - Vietnam’s economy expanded 6.68%, beating the government’s target and climbing to the highest level in 5 years, according to new data released by the General Statistics Office in a press conference on the socioeconomic situation in 2015.

Vietnam’s GDP per capita this year reached US$2,109, up from $2,052 last year, the office said. Government leaders set a GDP growth target of 6.2 percent at the beginning of the year, after achieving a 5.98 percent expansion in 2014. They later adjusted the expectation to 6.5 percent, which was also the World Bank's forecast. Certain sectors, including industrial, construction, and services, with average growth rates of 10%, contributed greatly to the record.

Also in 2015, nearly 100 thousand enterprises were established with total registered investment up to 26.6 billion US dollars, up 40% year on year. This is seen as a sign of economic recovery.

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