Vietnam Govt Aims for 2011 GDP Growth of 7.5%
The Government of Vietnam targets a gross domestic product (GDP) growth of 7.5% next year, rising from an expected 6.7% this year.
The Southeast Asian country expects to keep trade deficit below 20% of the country’s total export revenues and consumer price index at 7% in 2011, the newspaper quoted an overall socio-economic development plan as saying.
The plan was discussed at the government’s regular meeting in Hanoi on Aug 30-31, where Prime Minister Nguyen Tan Dung has urged cabinet members to do its utmost to facilitate sustainable economic growth next year
Vietnam’s economic growth is likely to accelerate to 7.18% in the third quarter of this year from 6.4% in Q2, resulting in a full-year expansion of 6.7% versus the National Assembly target of 6.5%.
Quick recovery of domestic production sector and the global trade are expected to create a strong momentum for the country’s economic growth in the remaining months of 2010. (chinhphu.vn)
Vietnamese
