Nine localities record over 10 per cent GRDP growth in six months

Jul 3rd at 08:04
03-07-2018 08:04:11+07:00

Nine localities record over 10 per cent GRDP growth in six months

 Nine localities recorded over 10 per cent growth in gross regional domestic product (GRDP) in the first sixth months of this year, reported the General Statistics Office (GSO).

 

The central province of Ha Tinh topped the list. It was followed by the northern provinces of Bac Ninh, Hai Phong, Thai Binh, Bac Giang, Quang Ninh and Lao Cai, and southern provinces of Ninh Thuan and Long An.

According to the GSO, many other localities achieved high GRDP growth of between 8-10 per cent, including Thai Nguyen, Ha Nam, Ninh Binh, Dak Nong, Quang Ngai, Kien Giang, Hai Duong, Lam Dong, Binh Thuan, Dong Thap and Hau Giang.

However, Ba Ria-Vung Tau, Hoa Binh, Lai Chau and Cao Bang were among localities with low growth in the reviewed period.

Although in the leading group, Ha Noi and HCM City saw a GRDP expansion of more than 7 per cent.

In terms of economic regions, the Red River Delta Region took top position with 12.02 per cent, followed by the Northern Central and Central Coastal Region with 8.61 per cent.

Major reasons behind the large gap in GRDP growth between the two regions were the stronger development of industry and construction in some northern and central localities such as Vinh Phuc, Bac Ninh, Hai Phong, Quang Ninh, Thai Binh, Ha Tinh and Quang Ngai.

Lowest growth was recorded in the southeast region at only 4.17 per cent.

The northern midland and mountainous region recorded growth of 8.43 per cent, followed by the Mekong Delta region (7.61 per cent) and the Central Highlands region (7.28 per cent).

bizhub



NEWS SAME CATEGORY

Masan Consumer and Jinju Ham form strategic partnership

Saigon Nutri-food JSC, a wholly owned subsidiary of Masan Consumer Corporation - one of Vietnam’s largest branded food and beverage companies, has just formed a...

Quang Binh seeks $4b from investors

The central province of Quang Binh hopes to grant investment licences and sign commitments to implement projects with a total investment capital of up to US$4...

Agro-forestry-fishery posts highest GDP growth in decade

The gross domestic product (GDP) value of agriculture, forestry and fishery is estimated to expand from between 3.95 per cent to 4.05 per cent in the first six...

Vientiane conference links VN, Lao firms

Nearly 100 businesses from Viet Nam and Laos gathered at a conference in Vientiane on Friday to seek partnership opportunities, an activity within the framework of...

Vietnam sees strong H1 economic growth, expects H2 growth to slow

Vietnam’s economy is estimated to have grown 7.08 percent over January-June this year, the fastest first-half growth since 2010, the General Statistics Office (GSO)...

Vietnam reports first billion-dollar FDI projects of 2018

Soaring foreign investment in the M&A sector may turn the tides of continuously decreasing FDI inflows in the first six months of the year, especially with the...

Overseas Vietnamese businesses contribute to development, says deputy PM

More than 300 overseas Vietnamese businesspeople from 25 countries and territories met in HCM City yesterday to take part in the Business Association of Overseas...

January-June GDP reaches 8-year high

Viet Nam’s gross domestic product (GDP) expanded 7.08 per cent in the first half of the year, marking the highest rate since 2010, fueled by robust expansion of the...

3,000 cases of smuggling, fake goods in City in 2018

 The HCM City Market Management Department carried out 10,560 raids in the first half of the year and uncovered 3,037 cases of smuggling, trade fraud and fake goods.

EVFTA a ’golden’ opportunity

The tax incentive mechanism of the EU-Viet Nam Free Trade Agreement (EVFTA) will bring great benefits to Vietnamese industries and products, according to Minister...


MOST READ


Back To Top