SOCIAL AND ECONOMIC SITUATIONS IN THE FIRST 6 MONTHS OF 2015

Vietnamese socio-economy in the first 6 months of 2015 took place in the context that the world economy was forecasted to continuously recover but not sustainable with different growth rate among sectors, partly due to different impacts of reduced prices of oil and other goods on each sector. The US economy - the largest economy continued to strongly grow thanks to robust domestic market demand, especially consumer demand. Most emerging economies benefited from low oil prices, rise of global liquidity and the acceleration of the US and European economies.

Socio-economic situation in the first quarter of 2017

The GDP in the first quarter of 2017 was estimated to increase by 5.10% compared to the same period last year. The growth rate in the first quarter of this year was higher than the growth rate of the first quarter of 2012-2014, but lower than the growth of 6.12% of the same period in 2015 and the growth of 5.48% of the same period in 2016.

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