June 28, 2019 / 2:24 AM / 4 months ago

Vietnam Q2 GDP growth at 6.71% y/y vs 6.82% expansion in Q1

HANOI, June 28 (Reuters) - Vietnam posted gross domestic product growth of 6.71% in the second quarter this year, slower than an expansion of 6.82% in the first quarter, the General Statistics Office (GSO) said on Friday.

The processing and manufacturing industry grew 9.14% in the April-June period from a year earlier, while the services sector rose 6.85% and the agricultural sector was up 2.19%, the GSO said in a statement.

The GSO revised up first-quarter GDP growth to 6.82% from 6.79%.

The Southeast Asian country posted GDP growth of 7.08% last year, the quickest pace since 2011 and faster than an expansion of 6.81% in 2017.

Vietnam targets economic growth of between 6.6% and 6.8% this year. (Reporting by Khanh Vu and Phuong Nguyen; Editing by Stephen Coates)

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