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Press release socio-economic situation in the fourth quarter and 2020

Gross domestic product (GDP) in 2020 was estimated to increase by 2.91% over the last year, although being the lowest increase of the period 2011-2020, but in the context of the Covid-19 pandemic, negatively affecting all socio-economic fields, this is a great success for Vietnam with the growth rate in 2020 among the highest in the world.

Socio-economic situation in the fourth quarter and 2020

2020-The year of significant importance, the last year of the five-year socio-economic development plan 2016-2020 implementation. The results of production and business activities in 2020 are the basis and motivation for the formulation and implementation of the socio-economic development plan in 2021-the first year of the socio-economic development plan 5 years 2021-2025.

Socio-economic situation in the first quarter of 2014

GDP in the 1st quarter of 2014 was estimated to grow 4.96% from the same period in 2013, of which the sector of agriculture, forestry and fishery increased by 2.37%; industry and construction by 4.69%; service by 5.95%.

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