Arab Today, arab today vietnam curbs inflation but gdp declines in 2012
Last Updated : GMT 04:07:06
Arab Today, arab today
Arab Today, arab today

Vietnam curbs inflation, but GDP declines in 2012

Arab Today, arab today

Arab Today, arab today Vietnam curbs inflation, but GDP declines in 2012

Hanoi - Xinhua

Vietnam has curbed inflation in 2012 to a single-digit level targeted by the government. The December CPI grew 6.81 percent year-on-year compared with 18.13 percent growth in the same period of last year, official figures showed. However the country\'s gross domestic product (GDP) growth therefore declined to 5.03 percent, below the expected goal of 5.2- 5.5 percent set by the government, and lower than last year\'s 5. 89 percent. Insiders said the lower consumer price index (CPI) was attributed to the government\'s efforts in strengthening price administration and stabilization. However, the average CPI for the whole year increased 9.21 percent over the average index of 2011. Prices of educational goods and services posted the highest increase of over 17 percent, followed by medicine and healthcare services with 16.34 percent rise. If the two groups are excluded, the country\'s CPI rose by only 3 percent throughout the year, according to the General Statistics Office (GSO). Meanwhile, insiders said although the GDP growth slowed down, it was acceptable as it gradually rose quarter by quarter amid the global economic downturn and efforts in curbing inflation and stabilizing the economy. Accordingly, the country\'s GDP rose by 4.64 percent in the first quarter, 4.8 percent in the second, 5.05 percent in the third, and 5.44 percent in the fourth quarter. Of the total GDP growth, the agricultural, forestry and seafood sector contributed 0.44 percent, the industry and construction sector with 1.89 percent, and the service sector with 2.7 percent. Experts predicted Vietnam\'s GDP to rise by 5.68 percent and inflation by 7.1 percent in 2013.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vietnam curbs inflation but gdp declines in 2012 Arab Today, arab today vietnam curbs inflation but gdp declines in 2012

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vietnam curbs inflation but gdp declines in 2012 Arab Today, arab today vietnam curbs inflation but gdp declines in 2012

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday