Vietnam's economy grows 6.8 percent, highest in 10 years

HANOI, Vietnam — Vietnam says its economy grew 6.8 percent this year, its highest jump in 10 years, driven by increases in industrial output, the service sector, agriculture and fishery production, and tourism.

The General Statistical Office said in a statement Wednesday that industrial and construction output grew 8 percent, while the service sector expanded 7.44 percent. The country saw a record number of foreign arrivals of 12.9 million, an increase of 29 percent over last year.

The GSO said there was an increase in production in the agriculture, forestry and fishery industries.

It's the highest GDP growth since Vietnam's economy grew 8.5 percent in 2007.

The GSO said 389 people were killed or left missing by natural disasters in 2017, causing damage of $2.7 billion.

People also read these

Top Indonesia judge gets 8 years in prison for...

Sep 4, 2017

Indonesia's corruption court has sentenced one of the country's top judges to eight years in prison...

The Latest: Flights trickle from Bali after...

Nov 30, 2017

Bali's airport is operating at far from its usual capacity after reopening while ash from the Mount...

Indonesia politician's graft trial delayed by...

Dec 13, 2017

A top Indonesian politician accused of involvement in one of the country's biggest corruption...

AP Exclusive: Pulp giant tied to companies...

Dec 20, 2017

AP Exclusive: Indonesian paper giant Sinarmas is linked to opaque network of shell companies that...

Indonesia hard-line Muslims protest ban on...

Jan 12, 2018

Muslim hard-liners have protested in Indonesia's capital against Facebook's blocking of accounts...