Chart: Ngoc Thuy. Vietnam’s GDP growth in 2020 must reach 5 per cent, higher than the 2.7 per cent the International Monetary Fund (IMF) has forecast, Prime Minister Nguyen Xuan Phuc has said. A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung. Gross domestic product in the April-June period grew 0.36% from a year earlier, compared with an expansion of 6.73% in the same period last year, the government's General Statistics Office said in a statement on Monday. The severity of the novel coronavirus epidemic is likely to drag Vietnam’s GDP growth down to 5.96 percent this year. From 2017-2019, Vietnam’s annual GDP growth had exceeded 6.8 percent and was among the fastest growing economies in ASEAN. The International Monetary Fund forecast last month Vietnam's economic growth will slow to 2.7% in 2020, but Prime Minster Nguyen Xuan Phuc said his government will try to keep growth above 5%. Vietnam gov't mulls lowering 2020 GDP growth target to 4.5%. HANOI (Reuters) - Vietnam's economic growth in the second quarter fell to its slowest pace in decades due to the impact of the coronavirus pandemic. Vietnam’s GDP has expanded 1.81% year-on-year in the first half of 2020, the lowest six-month growth rate in the past 10 years, dragged down by the growing impacts of the Covid-19 pandemic and global uncertainties, the General Statistics Office (GSO) has announced. Leading international organizations have considerably lowered growth forecasts for Vietnam this year. Vietnam’s GDP growth in … dаta: GSO. The projected growth rate, lowest since 2013, assumes that the Covid-19 epidemic is contained in the second quarter, according to a report released by the Ministry of Planning and Investment Wednesday. Economic growth followed suit. Vietnam is estimated to gain a GDP growth of 3.82% in the first quarter of this year, the lowest in the 2011-2020 period, the country's General Statistics Office announced last Friday. Vietnam’s GDP has expanded 1.81% year-on-year in the first half of 2020, the lowest six-month growth rate in the past 10 years, dragged down by the growing impacts of the Covid-19 pandemic and global uncertainties, the General Statistics Office (GSO) has announced.
Vietnam’s GDP growth in 2020 must reach 5 per cent, higher than the 2.7 per cent the International Monetary Fund (IMF) has forecast, Prime Minister Nguyen Xuan Phuc has said. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Vietnam - Croissance du PIB. Since 2010, Viet Nam’s GDP growth has been at least 5% per year, and in 2017 it peaked at 6.8%. Local airlines have reported losses of VND10 trillion ($430.5 million) from over 400 weekly Vietnam-China flights being canceled, according to the Civil Aviation Authority of Vietnam. With such rapid economic growth, the country grew from one of the poorest countries in the world to a comfortably middle-income one. In the second quarter, the country’s GDP growth is also estimated at a 10-year low of 0.36%.
GDP Growth Rate in 2017 was 6.81%, representing a change of 11,179,225,876 US$ over 2016, when Real GDP was $164,104,855,205.

Vietnam’s economic growth slowed in the fourth quarter amid weakening global demand and U.S.-China trade tensions. Vietnam’s real gross domestic product (GDP) has been experiencing positive growth for the past ten years since 2009, and is projected to continue to do so through 2021.


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