Vietnam's GDP growth in Q1 highest over 10 yearsVietnam’s Gross Domestic Product (GDP) in the first quarter of 2018 is forecasted to exceed 7%, the highest figure recoded over the recent 10 years. 01/NQ-CP on major tasks and solutions guiding the implementation of the socio-economic development plan and State budget plan in 2018 and forecasts on economic development in 2018. Deputy Minister of Planning and Investment Le Quang Manh announced that the industry-construction was the main force for economic development, setting the growth of 11% in the first three months of 2018. The Foreign Direct Investment (FDI) capital realization obtained US$176.25 billion, equal to 55% of the valid capital. In the first quarter, the total newly-registered and additional FDI was US$5.8 billion while the realized FDI capital was US$3.88 billion, up 7.2%.

Source: VietNamNet News March 28, 2018 07:07 UTC