Thursday, 24/06/2010 17:23

Vietnam Q2 GDP quickens to 6.2-6.4 pct

Vietnam's annual GDP growth accelerated in the second quarter to between 6.2 percent and 6.4 percent from 5.83 percent in the first quarter, a government report estimated on Thursday.

The pickup helped boost first-half GDP growth to between 6.0 percent and 6.1 percent over a year earlier, a Planning and Investment Ministry report said.

"The economy continued to recover relatively swiftly in the first six months of the year, with all sectors and fields reaching a higher growth rate than the same period last year", the report seen by Reuters said.

Prime Minister Nguyen Tan Dung said on June 6 the economy was expected to grow between 6.5 percent and 7 percent this year, after expanding 5.32 percent in 2009.

The government has targeted 2011 growth of between 7.0 percent and 7.5 percent next year.

vietnews, Reuters

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