GRDP of the first quarter of the year reaches over VND 37 trillion

30/03/2019 08:26

(BNP) - According to the Statistics Bureau's report, the province's Gross Regional Domestic Product (GRDP) in the first quarter at 2010 comparative price is estimated at VND 37,131.3 billion, down 5.6% compared to same period last year.

The growth of the construction sector increases by 3.9%.

In particular, the agriculture, forestry and fishery sector increased by 1.3% and contributed 0.03 percentage point of growth, mainly due to the increase in food crops. The Industry - construction sector felled by 8.8% and reduced 6.95 percentage points. In particular, the industry decreased by 9.4%, the construction industry increased by 3.9%. While the service sector increased by 7% and contributed 1.33 percentage points

It is forecasted that in the second quarter of the year, the economy will regain high growth momentum, because the electronic manufacturing industry with two main products, namely telephone, and OLED screen, will rise sharply when officially being delivered from mid-week of March.