Vietnam’s GDP increases an additional 25.4% per year

Vietnam's gross domestic product (GDP) increased an additional 25.4% per year during the 2010-2017 period, according to a review by the General Statistics Office (GSO). The revision will lead to changes in related indicators.

The GDP re-assessment based on a methodology recommended by the UN's statistics division incorporates new information that fully reflects economic activities in Vietnam. The GSO said the review was in line with international practices and did not change the calculation method. The re-assesment reveals opportunities to expand State revenues and Government spending. An increased total GDP and per-capita GDP could boost Viet Nam's contributions organisations it belongs to.

Source: VOV5