What's new

Vietnam to revise up GDP size by 25.4%

. .
Reuters

Khanh Vu
August 28, 2019 4:34 AM ED


HANOI — Vietnam will revise up the size of its gross domestic product (GDP) by 25.4% for the 2011-2017 period, the head of General Statistics Office said on Wednesday, in a move that could impact the Communist-ruled country’s strictly controlled debt ceiling.


Earlier this month, Vietnam’s General Statistics Office said it was revising the way it measured GDP to meet international norms and better reflect the real size and structure of the economy.

“We have completed revising the size of the GDP for the 2011-2017 period and have submitted the revision result to Prime Minister Nguyen Xuan Phuc for approval,” Nguyen Bich Lam, Director of the General Statistics Office told Reuters. “It’s 25.4% higher on average.”

https://business.financialpost.com/...nam-to-revise-up-2011-2017-gdp-size-by-25-4-2
All it take is one more anti China riot that smashes up investor factories and beat down foreign investment mood to ruin Vietnam GDP ambition. China need to test vietnam limit by using 3901, 2901 giant coast guard to ram one of vietnam offshore rig in spratly island to spur up their anti-China riot that will spread like wild fire. :enjoy:
 
.
越南猴子在这里吹牛逼比阿三还厉害。
No matter how they brag, vn still has a GDP 1.8% and a manufacture capability of 1% that of China, and a smaller economy than one city or one company of ours. This is the hard fact...
 
.

Latest posts

Country Latest Posts

Back
Top Bottom