ỦY BAN GIÁM SÁT TÀI CHÍNH QUỐC GIA

Gross domestic product (GDP) in the third quarter of 2020 is estimated to increase by 2.62% over the same period last year, which is the lowest increase of every third quarter in the period 2011-2020[1]. The covid-19 epidemic was strictly controlled, the economy gradually returned to operation in new normal conditions, so GDP in the third quarter of 2020 grew prosperously compared to the second quarter of 2020, of which the agriculture and forestry sector and fishery increased by 2.93%; industry and construction increased by 2.95%; service sector increased by 2.75% and product tax minus subsidies on production increased 0.70%. Regarding the expenditure approach of the third quarter GDP this year, the final consumption increased by 1.19% over the same period last year; the capital formation increased by 5.79%; the exports of goods and services rose by 2.86%; the import of goods and services rose increased by 1.88%. Full Report: Social and economic situation in the 3rd quarter and 9 months of 2020.E