Labour productivity of the entire economy at current prices is estimated at 199.3 million VND (8,380 USD) per worker in 2023, up 274 USD than the 2022 figure (Photo: VNA) Specifically, the economy is estimated toexpand 6.72% year-on-year in the fourth quarter, higher than the 3.41% of thefirst quarter, the 4.25% of the second quarter, and the 5.47% of the thirdquarter.
In the year, the agriculture, forestry andfishery sector is estimated to grow by 3.83%, contributing 8.84% to the economy’stotal added value, while the industrial and construction sector is estimated toincrease by 3.74%, contributing 28.87%, and the service sector by 6.82%, and62.29%.
In Q4, final consumption expenditure rose by an estimated 4.86% over the same period last year, contributing53.18% to the overall growth rate of the economy. The figures are 6.21% and44.18% for asset accumulation. Meanwhile, the export and import of goods andservices are estimated to rise by 8.68% and 8.76%, respectively. The tradesurplus is estimated to contribute 2.64% to the overall growth rate of theeconomy.
The export and import of goods and services are estimated to rise by 8.68% and 8.76% (Photo: VNA) Labour productivity of the entire economy atcurrent prices is estimated at 199.3 million VND (8,380 USD) per worker, up 274USD than the 2022 figure. Labourproductivity based on comparative prices rose 3.65% thanks to improved qualifications of workers. Therate of trained workers with degrees or certificates this year is estimated to reach27% of the workforce, 0.6 percentage point higher than in 2022.
The GSO forecast that Vietnam continues toface many difficulties and challenges in 2024.
In order to achieve socio-economicdevelopment targets next year, GSO General Director Nguyen Thi Huong stressed the needfor the engagement of the Government, the business community and people nationwide.
Ministries and agencies should improve forecasts,and take flexible and appropriate measures in the new situation toeffectively and concertedly implement socio-economic recovery and developmentsupport policies, she added./.
VNA
