VN economy faces tough future
Viet Nam’s economic growth in 2016 will be affected by many factors. General Director of the Viet Nam Statistics Office, Nguyen Bich Lam, speaks to business news website BNEWS. Social investment capital in the first six months of 2016 reached VND 618.2 trillion (US$27.71 billion), an increase of 11.7 percent compared with the same period last year, or equal to 32.9 percent of GDP. Generally speaking, our country’s socio-economic situation is still facing many difficulties and challenges, particularly in the sectors of agro-forestry and fishery; mineral extraction; transportation; and real estate. Our GDP for the first six months is likely lower than it was projected. That means it will impact on the economic growth rate for the whole year of 2016.
