Vietnam’s impressive growth in 3rd quarter

by VTV410 October 2017 Last updated at 06:00 AM

Vietnam’s impressive growth in 3rd quarter - Vietnam has taken a big stride towards achieving its 2017 economic growth target of 6.7% as the national economy grew by 7.46% in the third quarter, according to the General Statistics Office.

The robust economic performance in the third quarter has raised the nine-month GDP growth rate to 6.41%.

According to the Government Office, the third quarter result was not due to growth in mining but in the agricultural and industrial sectors. Agriculture grew by 2.78% in the nine-month period and manufacturing by 7.17%.

Foreign direct investment has increased by 30% to 14.5 billion USD. Exports of rice and vegetables grew by 50% year-on-year in the 3rd quarter.