Vietnam’s GDP increases 1.81% in 2020’s first half

 

  Vietnam’s GDP has risen by 1.81% in the past six months, the lowest year-on-year growth in the 2011-2020 period, according to the General Statistics Office (GSO). 

It is a positive signal given the COVID-19 outbreak which has spread globally, taking a heavy toll on major economies, including the US, Japan, and the EU.

Duong Manh Hung, Head of the GSO’s National Account System Department, told reporters that according to international organizations, COVID-19 has resulted in the worst world economic crisis in the past 80 years.

“Vietnam’s growth recorded in this year’s first half, though the slowest in the past three decades, is still a bright star in the dark sky of negative growth between -7 and -4.9%,” said Hung.

Vietnam is adapting to the “new normal” with both challenges and opportunities. As the pandemic still ravages the rest of the world, Vietnamese leaders are resolved to prevent a second wave of coronavirus infections and rejuvenate socio-economic activities.

 

 

Source: VOV5

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