Vietnam per capita GDP up 8 pct from 2012

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Vietnam's GDP per capita climbed to US$1,890 this year, up 8 percent from last year, an official from the General Statistics Office has said.

Ha Quang Tuyen, chief of the General Statistics Office (GSO)'s National Account System Department, provided the figure at a press conference December 23.

But he said this was lower than the $1,960 that Prime Minister Nguyen Tan Dung announced early this month due to the GSO's adjustments in GDP calculation.

The corresponding figures had been $1,749 and $1,517 over the past two years, according to GSO data.

Tran Dinh Thien, head of the Institute of Economics, told news website Saigon Times that this year's increase in GDP per capita was a result of the stable dong-dollar exchange rates inthe presence of inflation.

But the government's tight measures to stabilize the dong might harm the economy, he warned.

The central bank set a rate of 21,100 dong to the dollar on December 24. It devalued the dong by 1 percent in June, the first time since December 2011.

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