Vietnam’s economy has grown positively but is the lowest in 10 years



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Intellectual people

In the complicated situation of the Covid-19 epidemic, many countries in the world had negative growth, Vietnam still achieved positive growth of more than 2.12%. However, this is the lowest level in the last 10 years.

This morning (September 29), the General Statistics Office held a press conference to release economic data for the third quarter and nine months of 2020. As a result, third quarter growth (GDP) was estimated to increase by 2.62% in the same period. last year. This is the smallest increase in the third quarter of the years in the period 2011-2020.

Vietnam's economy has grown positively, but its lowest level in the last 10 years - 1

According to the General Statistical Office, Vietnam’s economic growth reached a positive number of 2.12% in the context of the Covid-19 epidemic, but it is still the lowest compared to the last 10 years.

Because the Covid-19 epidemic was strictly controlled and the economy gradually returned to new normal conditions, GDP in the third quarter of 2020 grew prosperously compared to the second quarter of 2020, of which the agriculture and forestry industry and fishing increased 2.93%; industry and construction increased 2.95%; the service sector increased by 2.75%; Tax on products less subsidies on products increased by 0.70%.

GDP growth in 9 months of 2020 is estimated to increase by 2.12%, the lowest growth rate of 9 months of each year in the period 2011-2020. (The 9-month GDP growth rate in the 2011-2020 period is 6.03% specifically; 5.10%; 5.53%; 6.53%; 5.99%; 6.41%; 6, 96%, 7.04%, 2.12%.

According to the General Statistics Office, in the context of complicated developments in Covid-19, which negatively affect all socio-economic fields, the economy of our country continues to maintain positive growth, showing that of the device.

In addition to the problem of growth, the economic report of the General Statistical Office indicated that, due to the influence of the Covid-19 epidemic and coinciding with the “moving month”, in September 2020, the entire country had 10,300 companies. newly created. 23.1%.

Overall, in nine months, there were almost 99,000 companies registered, down 3.2%. If 34,600 start-ups are included, the total number of start-ups and start-ups in 9 months was 133,600, a 2.9% increase over the same period last year.

However, in 9 months, the number of companies that temporarily suspended their activity during a period was 38,600, 81.8% more than in the same period last year; 27,600 companies ceased operations pending dissolution procedures and almost 12,100 companies completed dissolution procedures; 36.5 thousand businesses do not operate at the registered address. The number of companies that suspended or dissolved businesses reached more than 78,300 companies

An Linh

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