FacebookInstagramTwitterContact

 

BORNEO HOUSING AGENCY: Terrace House in Bengkurong (B$190K, Property Chinese Owned) • Industrial Warehouse in Menglait, Gadong for Rent • Shop house in Gadong (Ground Floor) for Rent • Industrial Shops in Bunut for Sale • Land in Jerudong for Sale • Shop house in Kiulap for Sale (44 years lease, approx 5,000.00 per month rental) • Chempaka Terrace House for Rent (3 bedrooms, B$700.00 per month) • Shop house in Kiarong for Sale (B$380.00) • TEL: +6738732975, +6738839007           >>           Fully furnished office space for rent at Regus Brunei. Call +673-886-2879 or go to www.regus.com.bn           >>           Private Company Urgently Need Houses & Flats for Rent in Bandar Seri Begawan, Kindly Contact the ff. nos. for further information: 242-7623/+673 883-9007           >>           3rd Meeting Of The Executive Committee For The Golden Jubilee Celebration Of His Majesty's Accession To The Throne           >>           Presentation Of Donations From The Proceeds Of Charity Polo Day 2017           >>           Israk Mikraj Celebration Full Rehearsal           >>           Kids Athletic Event           >>           Auxiliary Police Officers Passing Out Parade           >>           Which Galaxy S8 Unlock Option Is The Most Secure?           >>           Establishment And Appointment Of Nationwide School Leaders Executive Committee           >>           Cygnus Cargo Ship S.S. John Glenn Arrives At Space Station           >>           Youtube Fixes Restricted Mode Issue Censoring Lgbtq+ Videos           >>           Michael Kors Taps Your Instagram Feed To Beautify Your Smartwatch           >>          

 

SHARE THIS ARTICLE




REACH US


GENERAL INQUIRY

[email protected]

 

ADVERTISING

[email protected]

 

PRESS RELEASE

[email protected]

 

HOTLINE

+673 222-0178 [Office Hour]

+673 223-6740 [Fax]

 



Upcoming Events


DARe (How to Start Business - Food Industries)
April 19th, 2017 | 20:00 PM





Prayer Times


The prayer times for Brunei-Muara and Temburong districts. For Tutong add 1 minute and for Belait add 3 minutes.


Imsak

: 04:42AM

Subuh

: 04:52AM

Syuruk

: 06:11AM

Doha

: 06:34AM

Zohor

: 12:20PM

Asar

: 03:33PM

Maghrib

: 06:26PM

Isyak

: 07:37PM

 



The Business Directory


 

 



Vietnam


  Home > Vietnam


At 6.21 Per Cent, Country’s GDP Below Govt Target


A worker by the production line at the Hà Nam Textiles Company, Hà Nam Province. — VNA/VNS Photo Trần Việt

 


 December 29th, 2016  |  07:48 AM  |   977 views

HÀ NỘI

 

Việt Nam’s gross domestic product (GDP) rate in 2016 was 6.21 per cent, predictably below the set growth target of 6.7 per cent.

 

The General Statistics Office of Việt Nam (GSO) released the figures in a report on the national socio-economic development in 2016 at the year-end press conference on Wednesday morning.

 

The GDP this year was also lower than 2015’s 6.68 per cent.

 

The GSO believes that one of the key reasons for such a disappointing economic performance is because of the agricultural sector’s modest growth of 1.36 per cent, a  six-year record low.

 

The agricultural economy was battered by repeated natural disasters such as flooding in the central region, severe drought in the Central Highlands and saltwater intrusion in the south. The Formosa toxic spill, which contaminated seawater in four central provinces, also had a drastic impact on the region’s economic growth.

 

Poor performance of the mineral resources sector, a drop of 4 per cent compared to last year, also affected the GDP, the GSO said. The decline of oil prices in the global market hit Việt Nam’s crude oil production this year, which is down by 1.67 million tonnes, and coal production fell by 1.26 million tonnes compared to 2015.

 

The GDP per capita in 2016 was estimated at around VNĐ48.6 million (US$2.215), a rise of $106 compared to last year, while unemployment rate was at 2.3 per cent.

 

Việt Nam kept inflation under check as the average Consumer Price Index (CPI) was 2.66 per cent, GSO General Director Nguyễn Bích Lâm said. It was well within the red line of 5 per cent set by the National Assembly.

 

"The government actively adjusted the petrol price - eleven times up and ten times down this year - in tandem with the global price which helped to keep the inflation rate in control,” he said.

 

Việt Nam also scored a goods trade surplus of around $2.6 billion, an improvement over a trade deficit of around $3.5 billion in 2015.

 

The number of newly established businesses in 2016 climbed to a record high, the GSO said. Around 110,100 new companies were formed this year, a 16.2 per cent increase to last year, with a total investment of VNĐ891.1 trillion ($39.6 billion). — VNS

 

 

 

 


 

Source:
courtesy of VIET NAM NEWS

by Viet Nam News

 

If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]

 

Related News


Prosperous Program For 30 Sabah Villages

 2017-04-23 08:37:48

Mazar-E Sharif Attack: Afghanistan Mourns Deadly Taliban Assault

 2017-04-23 08:58:26

Malaysia Reaches Deal On $2.5 Billion Of 1MDB Bonds

 2017-04-23 09:36:47