Vietnam's economic growth estimated at 7.7 pct in Q1

Vietnam is set to post gross domestic product (GDP) growth of 7.7 percent in the first three months of this year, a record high since 2001.

In the first quarter, the country's service sector is estimated to post growth of 7.8 percent, local newspaper Investment reported Wednesday.

Vietnam's GDP growth is forecast at 8.3 percent in 2007, and 8. 5 percent in 2008, according to the Asian Development Bank (ADB).

Last year, Vietnam's economic growth stood at 8.17 percent, according to the country's General Statistics Office.

Source: Xinhua