Socio-economic situation in 2016

GDP in 2016 was estimated to grow by 6.21% compared with 2015, of which it increased by 5.48% in the first quarter; 5.78% in the second quarter; 6.56% in ther third quarter; and 6.68% in the fourth quarter.

Socio-economic situation in eleven months of 2016

As of mid-November, the whole country harvested 1240.5 thousand hectares of winter rice, accounting for 67.5% of the cultivated area and equaling 96.7% from the same period last year. The cultivated area of winter rice in the North reduced 14.7 thousand hectares compared with last year.

Socio-economic situation in nine months of 2016

GDP in nine months of 2016 was estimated to grow by 5.93% compared to the same period last year, continuing the trend that quarterly GDP growth is higher than GDP growth of the previous quarter (GDP grew by 5.48% in the first quarter; 5.78% in the second quarter; and 6.40% estimate in the third quarter), but it was lower than the growth rate of 6.53% in 2015’s same period.

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