The gross domestic product rebounded significantly, expanding by nearly 7% in the second quarter and over 6.4% in the first half of 2024.
The GDP growth surpassed the previous year’s rate of 3.8%, and exceeded the government’s growth targets of 5.5% to 6%.
The consumer price index, meanwhile, went up over 4%, while core inflation stood at 2.7%. Energy and food security remained stable.
Exports continued to surge, with overseas shipments increasing by over 14%, while imports grew by 17%, resulting in a trade surplus of 11.6 billion USD.
The service and tourism sectors also saw strong recoveries. International arrivals exceeded 8.8 million in the first six months, up 58% year-on-year.
However, according to insiders, challenges remain, including inflationary pressures, foreign exchange rate volatility, and macroeconomic stability concerns.
Other obstacles include slow public investment disbursement, and the sluggish settlement of restrictions in the real estate market./.
