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Vietnam parliament sets 6.5%-7% GDP growth target for 2025

Published Tue, Nov 12, 2024 · 08:01 PM
    • Vietnam parliament said that the country would strive to reach above-target growth of 7 to 7.5 per cent next year.
    • Vietnam parliament said that the country would strive to reach above-target growth of 7 to 7.5 per cent next year. PHOTO: AFP

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    VIETNAM’S parliament on Tuesday (Nov 12) set a 6.5 to 7 per cent economic growth target for next year, above this year’s 6 to 6.5 per cent target.

    It also approved the goal to keep inflation at 4.5 per cent in 2025.

    The Communist-run state approves economic targets annually, similarly to China.

    In addition to setting the target, the parliament said in a statement that the country would strive to reach above-target growth of 7 to 7.5 per cent next year. REUTERS

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