{"id":4959,"date":"2022-04-01T10:57:44","date_gmt":"2022-04-01T10:57:44","guid":{"rendered":"\/\/www.8xbethub.com\/?p=4959"},"modified":"2022-04-14T07:52:18","modified_gmt":"2022-04-14T07:52:18","slug":"gdp-growth-in-the-first-quarter-of-this-year-is-higher-than-in-2020-and-2021-but-still-lower-than-in-2019-when-covid-19-has-not-appeared","status":"publish","type":"post","link":"\/\/www.8xbethub.com\/2022\/04\/01\/gdp-growth-in-the-first-quarter-of-this-year-is-higher-than-in-2020-and-2021-but-still-lower-than-in-2019-when-covid-19-has-not-appeared\/?lang=en","title":{"rendered":"Q1 sees GDP increase by 5.03%"},"content":{"rendered":"\n

GDP growth in the first quarter of this year is higher than in 2020 and 2021 but still lower than in 2019, when Covid-19 has not appeared.<\/p>\n\n\n\n

This morning (March 29), the General Statistics Office published socio-economic data in the first 3 months of 2022. Gross domestic product (GDP) in the first quarter is estimated to increase 5.03% year-on-year, higher than the growth rate of 4.72% in the first quarter of 2021 and 3.66% in the first quarter of 2020.<\/p>\n\n\n\n

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In the first 3 months of the year, most of the sectors and sectors tend to recover and grow again. In particular, the agricultural, forestry and fisheries sector increased by 2.45% (contributing 5.76% to the overall growth). The industrial and construction sector increased by 6.38%, contributing 51.08%. Services increased by 4.58% (43.16% contribution).<\/p>\n\n\n\n

The manufacturing and processing industry continues to serve as a driving force for the economy’s growth with an increase of 7.79% year on year. In particular, the mining industry grew positively by 1.23% (coal mining increased by 3.2% and metal ore by 5%). The construction industry increased by 2.57%, lower than the 6.53% growth rate of the first quarter of 2021.<\/p>\n\n\n\n

The service sector flourished as the epidemic was under control, and more activity resumed. Some industries such as finance, banking and insurance increased by 9.75%; transportation and warehousing increased by 7.06%; wholesale and retail increased by 2.98%.<\/p>\n\n\n\n

The first quarter also recorded a recovery of exports and imports. The total import and export turnover of goods reached 176.35 billion USD, up 14.4% compared to the same period last year, in which exports increased 12.9%; imports increased 15.9%.<\/p>\n\n\n\n

However, the General Statistics Office also noted that Vietnam’s economy will face many difficulties in the second quarter. <\/strong>The reason is that Vietnam has a large economic expansion, while the geopolitical situation is complex, the world economy is slowing down, commodity prices are rising… Therefore, the agency assessed that achieving the 6.5% growth target is challenging.<\/p>\n\n\n\n

To achieve the growth target, the General Statistics Office believes that it is necessary to continue to implement Resolution 128 on safe adaptation; focus on disbursing all public investment capital. Vietnam also needs to maintain macroeconomic stability, market prices, constantly update inflation scenarios and monitor the price of essential commodities…<\/p>\n\n\n\n

In addition, the agency said that Vietnam needs to promote domestic production, control fuel supply, strengthen the domestic market, remove barriers to facilitate domestic consumption.<\/p>\n\n\n\n

Source: VnExpress<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"GDP growth in the first quarter of this year is higher than in 2020 and 2021 but still lower than in 2019, when Covid-19 has not appeared. This morning (March 29), the General Statistics Office published socio-economic data in the first 3 months of 2022. Gross domestic product (GDP) in the first quarter is estimated… View Article<\/a>","protected":false},"author":3,"featured_media":5033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[254,264,295],"class_list":["post-4959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-nganh","tag-mtavietnam-2-2","tag-mtavietnam2022-2-2","tag-mtavn-2"],"acf":{"ngay_dang":"","add_tag_small":"","must_read":"khong","img_thumbnail_post_home":false},"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\t\n