On the morning of January 6, 2025, the General Statistics Office held a press conference to announce socio-economic data for the fourth quarter and 2024. With more than 20 days left until the Lunar New Year of At Ty 2025, people's demand for flowers and ornamental plants is increasing. Overcoming the difficulties caused by the impact of storm No. 3 in early September, at this time, flower and ornamental plant villages in many localities in Quang Ninh province are bustling and busy preparing for the Tet flower season. On the afternoon of January 6, in Gia Lai, General Secretary To Lam - Secretary of the Central Military Commission, and the Central Working Group visited and worked with the 34th Army Corps and the 15th Army Corps (Ministry of National Defense). On January 6, 2025, the Investigation Police Agency (PC02) of Son La Provincial Police informed that the unit had prosecuted 2 cases, 2 defendants for the act of "Lending at high interest rates in civil transactions" in Yen Chau district (Son La). Every inch of land is soaked in the sweat of reclamation and conversion into production land; However, many families in the mountainous districts of Quang Ngai did not hesitate to donate thousands of square meters of land to build roads, contributing to the improvement of the rural and mountainous appearance of the province. With the encouragement and support of the Women's Union at all levels in the province, 4 Thai ethnic sisters in Na Luong village, Ang Nua commune, Muong Ang district, Dien Bien province boldly started a business and created the brand "Café Sisters". Up to now, the brand "Café Sisters" has had a revenue of 500 - 700 million VND/year. After the major restoration, with the thinking of heritage conservationists and the talented hands of artisans, Thai Hoa Palace - the architecture and culture of the Nguyen Dynasty is being "dressed in a new coat" with old patterns. The majestic and splendid works are promoting the city. Hue is moving towards new development. On a day at the end of December, we met teacher Ma Minh Anh, a Tay ethnic, a teacher at Hoanh Mo Secondary and High School. She is one of three teachers in Quang Ninh province honored to receive the "Outstanding Young Teacher" award at the Central level for the fourth time in 2024, presented by the Central Secretariat of the Ho Chi Minh Communist Youth Union. General news of the Ethnic and Development Newspaper. This afternoon's news on January 6, 2025, has the following notable information: The 5th Cinnamon Festival in Van Yen district. Purple color of Mua flowers on the Oolong tea farm. Young people "keep the fire" of traditional culture. Along with other current news in ethnic minority and mountainous areas. Lam Dong is a land in the South of the Central Highlands, with a large concentration of ethnic minorities. This land contains rich and diverse cultural sediments of local ethnic minority communities such as Co Ho, Chu Ru, Ma, Mnong, Raglay, Xtieng... with traditional rituals, festivals, customs, and practices imbued with national identity... Old age, weak health, tired legs, and no longer agile hands, but Meritorious Artisan Y Ber (Ba Na ethnic group - Jo Long branch) in Kon Sam Lu village, Dak To Re commune, Kon Ray district (Kon Tum) is still diligently preserving the pottery making profession. Her biggest concern now is that the traditional pottery making profession of the Ba Na people is at risk of being lost. With more than 20 days left until the Lunar New Year of At Ty 2025, people's demand for flowers and ornamental plants is increasing. Overcoming the difficulties caused by the impact of storm No. 3 in early September, at this time, flower and ornamental plant villages in many localities in Quang Ninh province are bustling and busy preparing for the Tet flower season. An Nhon town (Binh Dinh) is known as the "capital of yellow apricot in the Central region". Therefore, on this land, there are many artisans who devote their hearts to creating beautiful, unique and valuable apricot works. A typical example is Mr. Ngo Manh Tuan (39 years old) in Trung Dinh village, Nhon An commune. Mr. Tuan is successful with an artistic bonsai apricot tree. On January 6, Bat Xat district, Lao Cai province organized a meeting, provided information and commended the team of prestigious people in the area on the occasion of the New Year 2025.
Speaking at the Press Conference, Ms. Nguyen Thi Huong - General Director of the General Statistics Office, said: In the context of the unpredictable fluctuations in the world economic and political situation, with the participation of the entire political system, the timely, drastic and close direction and management of the Government, the Prime Minister and the efforts of all levels, sectors, localities, the business community and the people of the whole country, in 2024, our country's economy will achieve a growth rate of 7.09%, exceeding the set target of 6 - 6.5%.
Gross domestic product (GDP) in the fourth quarter of 2024 is estimated to increase by 7.55% over the same period last year, only lower than the fourth quarters of 2017 and 2018 in the period 2011 - 2024, maintaining the trend of each quarter being higher than the previous quarter (quarter I increased by 5.98%, quarter II increased by 7.25%, quarter III increased by 7.43%). Of which, the agriculture, forestry and fishery sector increased by 2.99%, contributing 4.86% to the total added value of the whole economy; the industry and construction sector increased by 8.35%, contributing 44.03%; the service sector increased by 8.21%, contributing 51.11%. Regarding GDP use in the fourth quarter of 2024, final consumption increased by 7.54% over the same period last year; asset accumulation increased by 7.98%; Exports of goods and services increased by 11.35%; imports of goods and services increased by 13.49%.
The agriculture, forestry and fishery sector in 2024 achieved a positive growth rate of 3.27% despite being affected by natural disasters and floods. In particular, the output of many agricultural products increased, livestock developed stably, and aquaculture output increased quite well. Specifically, the added value of the agricultural sector in 2024 increased by 2.94% over the previous year, contributing 0.26 percentage points to the total added value of the entire economy; the forestry sector increased by 5.03% but accounted for a low proportion, so it only contributed 0.03 percentage points; the fishery sector increased by 4.03%, contributing 0.10 percentage points.
In the industrial and construction sector, the industry recovered positively and grew strongly compared to 2023. The added value of the industry in 2024 increased by 8.32% over the previous year, only lower than the increase of 8.52% in 2022 in the period of 2019 - 2024, contributing 2.70 percentage points to the growth rate of total added value of the whole economy. Of which, the processing and manufacturing industry increased by 9.83%, lower than the increase in 2011, 2016, 2017, 2018 in the period of 2011 - 2024, contributing 2.49 percentage points. The water supply, waste and wastewater management and treatment industry increased by 9.43%, contributing 0.06 percentage points. The electricity production and distribution industry increased by 10.05%, contributing 0.37 percentage points. The mining industry decreased by 7.24%, reducing 0.21 percentage points. The construction industry increased by 7.87%, contributing 0.57 percentage points.
Trade and tourism activities maintained high growth momentum, contributing positively to the growth of the service sector. The added value of the service sector in 2024 increased by 7.38%, higher than the growth rate of 6.91% in 2023. Some market service sectors with large proportions made important contributions to the growth rate of total added value of the whole economy, such as: wholesale and retail increased by 7.96% over the previous year, contributing 0.80 percentage points; transportation and warehousing increased by 10.82%, contributing 0.68 percentage points; finance, banking and insurance activities increased by 7.11%, contributing 0.43 percentage points; accommodation and catering services increased by 9.76%, contributing 0.26 percentage points.
Regarding the economic structure in 2024, the agriculture, forestry and fishery sector accounts for 11.86%; the industry and construction sector accounts for 37.64%; the service sector accounts for 42.36%; product taxes minus product subsidies account for 8.14% (The corresponding structure in 2023 is 11.86%; 37.58%; 42.30%; 8.26%).
Regarding GDP use in 2024, final consumption increased by 6.57% compared to 2023; asset accumulation increased by 7.20%; exports of goods and services increased by 15.45%; imports of goods and services increased by 16.10%.
GDP scale at current prices in 2024 is estimated at 11,511.9 trillion VND, equivalent to 476.3 billion USD. GDP per capita in 2024 at current prices is estimated at 114 million VND/person, equivalent to 4,700 USD, an increase of 377 USD compared to 2023. Labor productivity of the whole economy in 2024 at current prices is estimated at 221.9 million VND/worker (equivalent to 9,182 USD/worker, an increase of 726 USD compared to 2023); at comparable prices, labor productivity increased by 5.88% due to improved qualifications of workers (the rate of trained workers with degrees and certificates in 2024 is estimated at 28.3%, 1.1 percentage points higher than in 2023).
The growth rate in 2024 is very positive, demonstrating the high determination, great efforts, drastic, timely and effective actions of the entire political system in directing, operating and implementing socio-economic development tasks in the face of rapid and unusual fluctuations in the region and the world, as well as in the face of damage caused by natural disasters, storms and floods causing great damage to production, business and people's lives in our country.
Source: https://baodantoc.vn/gdp-nam-2024-uoc-tinh-tang-709-so-voi-nam-truoc-1736147561757.htm
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