The Vietnamese economy is continuing to encounter difficulties as it only expanded by estimated 3.72% in the first half of the year, according to statistics released by the General Statistics Office (GSO).Notably, the services sector secured the highest growth, at 6.33%, fueled by domestic consumption stimulation and tourism promotion policies. It was largely contributed by wholesales and retails sales (up 8.49%), transportation and logistics (up 7.18%), finance-banking services (7.18%) and lodging and catering services (up 15.14%).The services sector was followed by agro-forestry-fishery that grew by 3.07% thanks to high export earnings, and by industry that inched up by only 0.44%, the lowest growth in the 2011-2022 period.The GSO also announced that the local economy grew by 4.14% in the second quarter of the year, the lowest figure in the 2011-2022 period, except for the 0.34% rate attained in the same period of 2020.According to GSO general director Nguyen Thi Huong, the Vietnamese economy continued to be affected by unfavourable factors of the world economy in the second quarter of 2023 and the first 6 months of the year. The factors include the prolonged conflict in Ukraine and a tight monetary policy introduced by major economies that are Vietnam’s key trading partners. (ICE HO CHI MINH CITY)

Fonte notizia: VOV