Ministry estimates GDP lower than its low growth scenario | #AsiaNewsNetwork - News Summed Up

Ministry estimates GDP lower than its low growth scenario | #AsiaNewsNetwork


According to a report on the implementation of Government Resolution 1 and the socio-economic situation in the first two months of the year, the rate was below the level of the low growth scenario forecast in November last year. With this growth, the country’s GDP would be 6.55 per cent, 6.89 per cent and 6.4 per cent in Q2, Q3 and Q4, respectively. "To achieve the economic growth rate at the proposed low growth scenario, ministries, sectors and localities must make their utmost efforts and take advantage of every opportunity in the country and abroad,” the MPI said. Accordingly, GDP in Q2, Q3 and Q4 would be 6.77 per cent, 7.13 per cent and 6.7 per cent, respectively. In a report issued by Việt Dragon Securities Corporation (VDSC), GDP growth in Q1 was forecast to be lower than the same period last year.


Source: Viet Nam News March 11, 2019 04:30 UTC



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