HANOI, Dec. 29 (Xinhua) -- Vietnam posted a gross domestic product (GDP) growth of 8.02 percent in 2022, much higher than the rate of 2.56 percent in 2021, the country's General Statistics Office said on Thursday.
This is the highest growth recorded in the 2011-2022 period thanks to the strong economic recovery from the pandemic.
The sector of agriculture, forestry and fishery grew by 3.36 percent against the same period last year, while industry and construction rose by 7.78 percent, with services up 9.99 percent.
They contributed 5.11 percent, 38.24 percent and 56.65 percent to the overall growth, respectively, said the office.
In the fourth quarter alone, the country's economy expanded 5.92 percent year-on-year, higher than that of the same periods in 2020 and 2021 but lower than that in the 2011-2019 period.
British multinational investment bank HSBC has recently raised Vietnam's growth forecast from 7.6 percent to 8.1 percent this year but revised down the forecast for next year to 5.8 percent from 6 percent, citing the fading effects of reopening and more vivid impacts of high inflation.
Vietnam will strive to achieve a GDP growth of 6.5 percent next year, according to a resolution on the socio-economic development plan for 2023 approved by its top legislature. ■