Vietnam’s agriculture, manufacturing help drive GDP growth

Agriculture, seafood and forestry also posted strong growth in January-March, rising 4.05% from the same period last year.

HANOI: Vietnam’s economy posted its strongest first quarter growth in 10 years, expanding 7.38% annually in January-March and backed by strong growth in manufacturing and agriculture, the country’s statistics office said.

“The first quarter growth extended strong momentum in the second half of last year, and with the normally low basis of first quarter GDP, this year’s first-quarter growth posted a strong pace,” Nguyen Bich Lam, head of Vietnam’s General Statistics Office (GSO), told reporters.