The country's gross domestic product (GDP) in the first quarter of the year is estimated to hit 7.7%, the highest level since 2001. GDP of 7.3% in the same period of 2005 was the highest previously.
The achievement is attributed to high growth rates of key economic sectors. Noteworthy are agro, forestry and fisheries (2.3%) and industry and construction (9.3%).
Industrial production value is estimated at 130 trillion VND (8.1 billion US$), a year-on-year increase of 16.6%.
Export turnover is estimated to reach 10.48 billion US$, 18% increase year-on-year. Crude oil still makes the largest contributions to the total export value, but decreases 14.6% in compared to the same period last year.
March consumer price index decreases 0.22%, pulling the figure of three months to a growth rate of 3.02%.
Source: VNA
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