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9-month GDP grows 6.5%

VGP - Việt Nam posted a GDP growth rate of 6.52% in the first 9 months of this year, according to the Ministry of Planning and Investment.

September 27, 2010 6:37 PM GMT+7

GDP growth rate is 6.52% in the first 9 months of 2010 – Illustration photo
In the reviewed period, agriculture grew 2.89%, industry 7.29%, and service 7.24%, all higher than the figures in the same period last year.

Meanwhile, the export turnovers rose 20.5% and the excess of imports over export accounted for 16.7% of the export turnover.

Goods and service sales stood at VND 1,146 trillion, up 25.4%. State budget collection reached 78.2% of the annualized plan.

However, the Ministry said prices of many goods and services tend to increase, lending interests rates and trade deficit rates are still high.

Economic indicators in 2010 and 2009

Key indicators

First 9 months of 2009

First 9 months of 2010

GDP growth rate (%), in which

4.59

6.52

Agriculture

1.57

2.89

Industry

4.48

7.29

Service

5.91

7.24

By Ngọc Vân