The General Statistics Office of Vietnam said that gross domestic product (GDP) was estimated to increase 2.91 percent compared to the previous year in a regular press conference held on December 27 in Hanoi.

The General Statistics Office of Vietnam has just announced that the consumer price index in October this year has the same increase of 0.09 percent compared to the previous month and December last year, the lowest level in the period from 2016 to 2020.

Despite the disruption of supply chains, Vietnam's gross domestic product (GDP) still rose by 3.68 percent in the first quarter. In the second quarter, the economy nosedived with the growth rate merely at 0.39 percent. In the third quarter, GDP growth recovered to 2.62 percent, sending the three-quarter growth rate to 2.12 percent.

The socio-economic report drafted by the Ministry of Planning and Investment (MPI) states that with the annual growth rate estimated at over 2 percent, aiming to reach about 3 percent, Vietnam is the country with the highest positive growth rate among five major economies in Southeast Asia (ASEAN-5). And it is one of the 16 most successful emerging economies in the world. 

Consumer price index (CPI) in August 2020 slightly increased by 0.07 percent compared to the previous month and decreased by 0.12 percent compared to December last year, the lowest levels in the same month in the period from 2016 to 2020.

The consumer price index (CPI) in June this year edged up 0.66 percent compared to the previous month, the highest level of June in the period from 2016 to 2020, but still dropped by 0.59 percent compared to that in December last year.

The consumer price index (CPI) in January this year jumped by 1.23 percent compared to December last year, the highest level in the past seven years, and soared by 6.43 percent over the same period last year, according to the General Statistics Office of Vietnam.

2019 is the second consecutive year that the economic growth of Vietnam was above 7 percent since 2011. Particularly, the gross domestic product (GDP) of Vietnam grew 7.02 percent while the consumer price index (CPI) merely rose 2.79 percent.

Mr. Nguyen Bich Lam, general director of the General Statistics Office of Vietnam (GSO), said at the press conference held on September 28 that gross domestic product (GDP) of Vietnam in the first nine months of this year was estimated to rise by 6.98 percent over the same period last year, the highest level in the past nine years.

Figures released by the General Statistics Office of Vietnam on July 29 showed that consumer price index (CPI) in July edged up by 0.18 percent compared to the previous month.