AsemconnectVietnam - According to the report on the socio-economic situation in the second quarter and first six months of 2026 by the General Statistics Office on July 3rd, the gross domestic product (GDP) in the second quarter of 2026 achieved a fairly high growth rate, with an estimated growth rate of 8.39% compared to the same period last year.

Specifically, the agriculture, forestry, and fisheries sector increased by 4.06%, contributing 5.65% to the total value added of the entire economy; the industry and construction sector increased by 10.51%, contributing 50.07%; and the service sector increased by 7.87%, contributing 44.28%.
GDP in the first six months of 2026 increased by 8.18% compared to the same period last year (while the same period in 2025 only increased by 7.63%). In the overall increase in the total value added of the economy, the agriculture, forestry, and fisheries sector increased by 3.87%, contributing 5.66%; the industry and construction sector increased by 9.81%, contributing 47.20%; and the service sector increased by 8.09%, contributing 47.14%. According to the Director of the General Statistics Office, Nguyen Thi Huong, the driving force behind the 8.18% GDP growth in the first six months of the year came from Sector 2, alongside the sustained growth of Sector 1 sectors at a similar rate to the previous period.
“Sector 2 achieved a very impressive growth rate of 9.81%. The biggest contribution from Sector 2 was the very high growth rate of the manufacturing industry, with a growth rate of over 10.2%, and the IFP index increasing to 10.8%. This is the highest figure in the past 7 years. In addition, we must also mention the transportation sector, which grew by 10%. Thus, with two sectors growing by over 10% and accounting for over 30% of the total GDP, they have made a significant contribution to the growth rate of the second quarter as well as the first six months of the year,” Ms. Huong analyzed.
Against the backdrop of a continuing complex global situation, with prolonged armed conflicts in the Middle East negatively impacting supply chains, energy prices, commodities, transportation costs, and international trade, achieving double-digit growth requires all sectors to achieve comparable growth rates.
According to the Director General of the General Statistics Office, to achieve double-digit growth by 2026, the growth rate in the last six months of the year must reach approximately 11.7%. To achieve this goal, all sectors must strive for comparable growth rates, except for agriculture (sector 1) which needs to grow by over 4%, sector 2 which needs to grow by nearly 14%, and sector 3 which needs to grow by over 12%.
In addition, it is necessary to ensure the supply of essential food items to stabilize people's lives and avoid increasing inflationary pressure. Maintaining the supply of raw materials for public investment and key national investment projects is crucial.
Currently, the Government has decisively directed ministries, sectors, and localities to focus on implementing a comprehensive set of tasks and solutions to promote economic growth, striving to achieve double-digit growth in 2026.
In particular, the operation and organization of the two-tiered local government model, along with the continued improvement of institutions, the promotion of decentralization and delegation of power, and administrative procedure reform, have created conditions to enhance the effectiveness and efficiency of state management, while expanding the development space and strengthening regional linkages, contributing to the effective mobilization and utilization of resources for development.
CK
Source: VITICvneconomy.vn