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Ho Chi Minh City
Thursday, October 5, 2023

Consumption still weak

By Bui Trinh

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The socio-economic report for Q2 and the first half of 2023 indicates that the gross domestic product (GDP) in Q2 was estimated to increase by 4.14% against the same period last year, only higher than the 0.34% growth in Q2 2020 in the 2011-2023 period. The GDP in the first half grew 3.72% over the year-earlier period, only higher than the 1.74% growth in the first half of 2020 in the 2011-2023 period. In view of the GDP used in the first half of 2023, end-consumption increased 2.68% year-on-year, asset […]
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