The sector of agriculture, forestry and fishery rose by 3.93%, contributed 9.7% to the general growth rate; the sector of industry and construction grew by 9.07%, contributed 48.9%; the service sector expanded by 6.90%, contributed 41.4%.

The sector of agriculture, forestry and fishery in six months of this year reached the highest increase in the period 2012-2018, of which the agriculture continued to show a clear recovery trend with a rise of 3.28%, contributing 0.45 percentage point to the growth rate of the total added value of the whole economy; the fishery achieved good results with an increase of 6.41%, also the highest growth rate in 8 years, contributing 0.21 percentage point; the forestry jumped up by 5.12%, higher than the growth rate of 4.31% in the same period last year but low propotion, contributing only 0.04 percentage point.

In the industrial and construction sector, the industry increased by 9.28%, much higher than the growth rate of 7.01% and 5.42% in the same period of 2016 and 2017 respectively, contributing 3.05 percentage points to the growth rate of the total added value of the entire economy. The highlight of this sector was the strong growth of the manufacturing with 13.02% (this is the highest growth rate in 7 years), contributed 2.63 percentage points. Meanwhile, the mining and quarrying still reached the negative growth (down 1.3%), reduced 0.1 percentage point of the increase rate of the first six months of the year, but the decline rate narrowed considerably against the 7.8% decrease in the same period last year. The construction in the first half of the year maintained a relatively high growth rate of 7.93%, contributing 0.48 percentage point.

The service sector in the first six months of the year increased by 6.90%, the highest growth rate in 7 years. In the service sector, the contribution of a number of industries with a large share to the overall growth rate as follows: Wholesale and retail sales increased by 8.21% over the same period last year, this was the industry with the highest growth rate in the service sector and the largest contribution to the growth rate of the total added value of the entire economy (0.86 percentage point); Financial, banking and insurance activities rose by 7.58%, contributing 0.35 percentage point; Accommodation and catering services grew by 7.02%, contributing 0.33 percentage point; Transportation and warehousing climbed by 7.67%, contributing 0.25 percentage point; Real estate business moved up by 4.12%, contributing 0.25 percentage point.

About economic structure in the first six months of this year, the sector of agriculture, forestry and fishery made up 14.15% of GDP; the sector of industry and construction accounted for 33.78%; the service sector represented 41.82%; the taxes less subsidies on production took 10.25% (the corresponding structure in the same period of 2017 was 15.06%; 32.75%; 41.82%; and 10.37%).
In terms of GDP use in the first half of the year, final consumption rose by 7.13% from the similar period in 2017; accumulated assets grew by 7.06%; export of goods and services increased by 15.72%; import of goods and services grew by 14.83%.

Source: The General Statistics Office