Gross domestic product (GDP) grew by an estimated 8.39% year-on-year in the second quarter, reflecting broad-based momentum across the economy.

This is the highest Q2 growth rate since 2011.

The growth was supported by all three major economic sectors. The agriculture, forestry and fisheries sector continued to provide a stable foundation, with value added increasing 3.87%, contributing 5.66% to overall economic growth. Within the sector, agriculture expanded 3.57%, forestry grew 3.98%, while fisheries posted the strongest performance with growth of 4.88%.

Industry and construction remained a key growth driver, benefiting from a rebound in export orders and the spillover effects of major public investment projects. The sector's value added rose 9.86% in the first half, accounting for 40.35% of total economic growth.

Manufacturing continued to lead industrial expansion, with value added increasing 10.23%, contributing 33.07% to overall GDP growth.

The services sector also delivered robust performance as stronger consumer spending, vibrant domestic trade and a sustained tourism recovery boosted activity. Value added in services increased 8.09% during the first six months of the year, making the largest contribution to overall growth at 47.14%.
Anh Nhi
Source: https://en.vneconomy.vn/