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Image : Cook 117, South Africa leads Sri Lanka by 432 in 1st test

Cook 117, South Africa leads Sri Lanka by 432 in 1st test

person Orange Themes access_time Dec 28,2016

Yahoo News PORT ELIZABETH, South Africa (AP) — Opener Stephen Cook made his second century in two tests and South Africa built a hefty 432-run lead over Sri Lanka by the end of Day 3 of the first test on Wednesday.

Image : Why Fewer Americans Say They Want to Lose Weight

Why Fewer Americans Say They Want to Lose Weight

person Orange Themes access_time Nov 23,2016

The reason for the findings is not clear, but Gallup also found that Americans' perception of their ideal weight is changing. Americans surveyed in the 1990s said that their ideal weight was 153 lbs., on average. "The benchmark for their ideal

Image : Afghan cave dwellers brace against a shifting landscape

Afghan cave dwellers brace against a shifting landscape

person Orange Themes access_time Nov 19,2016

BAMIYAN, Afghanistan (AP) — Marzia and her husband Qadeer thought themselves lucky when they moved into a 1,700-year-old Buddhist cave hand-carved into the side of a mountain in Afghanistan's central highlands — it was clean and dry, warm in the

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Vietnam's GDP forecast to expand 5.6% in Q2

access_time Apr 05,2017 chat_bubble_outline 27 views

Vietnam’s GDP in the second quarter of this year is forecast to expand some 5.6 per cent, higher than the 5.1 per cent rate in Q1.


Vietnam's GDP forecast to expand 5.6% in Q2



Dang Duc Anh, director of the Analysis and Forecast Department under the National Centre for Socio-Economic Information and Forecast, stated this at a discussion on macro economic forecast in Q2, held on Wednesday in Ha Noi.

Anh also forecast GDP growth for 2017 would be 6.2 per cent, the same as last year but lower than the 6.7 per cent target ratified by the National Assembly.

According to Anh, business confidence of domestic businesses is currently stable. More than 50 per cent of firms expects the number of their business contracts in Q2 would be higher than that of Q1.

He anticipated that investment by private and foreign direct investment firms would be better in Q2 thanks to the Government’s efforts in improving the business climate.

Processing and manufacturing industries in Q2 would grow higher than in the first quarter. Disbursement of State investment capital would be also higher, he said.

However, Anh said, the agriculture industry would still suffer negative impact in Q2 due to climate change.

According to the General Statistics Office (GSO), Viet Nam’s GDP growth in the first quarter of 2017 reached only 5.1 per cent, lower than the 6.72 per cent and 5.48 per cent expansion rates in the same period in 2015 and 2016, respectively.

Ha Quang Tuyen, head of GSO’s Department of National Accounts, said there were three reasons behind weaker than expected growth in the previous three months.

First, the lingering effects of drought and saltwater intrusion from last year led to a sharp reduction in rice growing areas, which in turn led to a contraction in the plant cultivation subsector.

Second, industrial growth slowed to 4.1 per cent against 7.4 per cent recorded in the first three months of 2016, mainly the result of a manufacturing slowdown. Notably, electronic production shrank 1 per cent compared with the 11.3 per cent growth last year due to Samsung’s poor performance.

Third, the mining sector was affected by the Government’s endeavour to balance growth and natural resource exploitation as part of a drive to restructure the economy and renew the growth model. 

VNS

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