All economic sectors in Vietnam have gained higher growth rates against last year, making the country’s GDP grow 6.78% in 2010, according to the Ministry of Planning and Investment (MPI).
The latest report published by the MPI on December 29 says that the country has surpassed the National Assembly’s growth target of 6.5%.
Though the global market and national economy encountered difficulties in the post-financial crisis and economic recession period, Vietnam has quickly rebounded and gained relatively robust growth rates in 2010.
In the first quarter, GDP rose 5.84%, then 6.44% in Q2, 7.18% in Q3, and roughly 7.34% in Q4. The last quarter’s growth rate is the highest one since Q2 in 2008.
Sectors recorded high growth include industry and construction with 7.7%, followed by services, 7.52%, and agro-forestry-fishery sector 2.78%./.