Vietnam's GDP in 2024 rose by 7.09%, exceeding the government's expectations

On January 6th, Jinshi data reported that Vietnam's economy in the fourth quarter rose by 7.55% year-on-year, higher than expected. In 2024, the annual growth rate is 7.09%, significantly higher than the official target of 6.5%. The latest data shows that the country is in a favorable position to achieve Prime Minister Pham Minh Chinh's GDP growth target of 8% this year. Pham Minh Chinh urged to accelerate public investment to promote infrastructure construction and attract more investment. Vietnam's Consumer Price Index in December rose by 2.94% year-on-year, with the increase still under control.

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