2017 first quarter experiences low economic growth

by VTV403 April 2017 Last updated at 13:51 PM

(Photo illustrated: Dan Tri)
(Photo illustrated: Dan Tri)

VTV.vn - Vietnam’s GDP posted 5.1 percent in the first quarter, lower than the corresponding periods of the two previous years.

Industry sector recorded 3.85 percent growth in the first quarter, the lowest level since 2011, attributing to diminishing the overall growth.

Experts say Vietnam should take a number of economic scenarios into account, given that world’s economies are projected to witness low growths in 2017, not including risks from financial market as well as protectionism.

During the process of economic restructuring, Vietnam has to suffer weaker growth in a short time before garnering a sustainable growth in the long run, experts say.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2017-06-22 21:07 UTC

WEATHER FORECAST

Today - Thursday Jun, 22
Thunderstorms
27/35
Friday Jun, 23
Thunderstorms
27/33
Saturday Jun, 24
Thunderstorms
27/32
Sunday Jun, 25
Thunderstorms
27/32
Monday Jun, 26
Thunderstorms
26/31
Tuesday Jun, 27
Thunderstorms
26/32
Wednesday Jun, 28
Thunderstorms
26/31
Thursday Jun, 29
Thunderstorms
26/33
Friday Jun, 30
Thunderstorms
27/32
Saturday Jul, 01
Thunderstorms
27/32