HANOI, Dec. 29 (Xinhua) -- Vietnam posted a modest gross domestic product (GDP) growth of 2.58 percent in 2021 amid severe impacts of the COVID-19 pandemic, lower than the rate of 2.91 percent in 2020, the country's General Statistics Office announced Wednesday.
The sector of agriculture, forestry and fishery grew by 2.9 percent against the same period last year, while industry and construction grew 4.05 percent, and services up 1.22 percent. They respectively contributed 13.97 percent, 63.8 percent and 22.23 percent to the overall growth, said the office.
In the fourth quarter alone, the country's economy expanded 5.22 percent year on year, firmly bouncing back from the sharpest contraction ever of 6.17 percent in the third quarter as many major economic centers were hit by the COVID-19 pandemic.
In a report released October, the World Bank lowered Vietnam's economic growth forecast this year to 2-2.5 percent from the August projection of 4.8 percent, citing stringent social distancing rules and manufacturing facilities shutdown as the leading causes.
Vietnam will strive to achieve a GDP growth of between 6 and 6.5 percent in 2022 while effectively combating the COVID-19 pandemic, according to a plan recently adopted by its top legislature. Enditem
