Making news

Quarter 3 sees bright economic picture: GSO

Vietnam posted an economic growth of 6.98% in the first nine months of this year. Experts said the result gives momentum for the economy to achieve its yearly target of 6.8 percent.

The General Statistics Office reveals that Vietnam’s economic picture in Quarter 3 was bright despite worrying global context. Specifically, processing and manufacturing sector recorded a year-on-year growth of 11.37%, 102 thousand new enterprises were established and inflation was lowest in three years from 2017 to 2019.

Statistics also show that the macro-economy was stabilised, with unemployment rate significantly decreasing while workers’ average income rising.

According to surveys by the Office, most enterprises rated their business outlook for quarter 3 as stable and better than the last three months.