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Economy

Vietnam determined to pursue GDP growth of 6.7 pct in 2017

May 22, 2017


Abstract : The Vietnamese government is determined to realize the target of 6.7 percent economic growth set for this year, the Vietnamese permanent deputy prime minister said here on Monday when the country' top legislature convened.

HANOI, May 22 (Xinhua) -- The Vietnamese government is determined to realize the target of 6.7 percent economic growth set for this year, the Vietnamese permanent deputy prime minister said here on Monday when the country' top legislature convened.

Permanent Deputy Prime Minister Truong Hoa Binh made the statement at the opening ceremony of the third session of the 14th National Assembly, Vietnam's top legislative body.

To attain the GDP target, Vietnam will focus on stabilizing macro-economy, controlling inflation, recovering tax arrears, attracting more foreign investment, accelerating administrative reforms, and boosting tourism development, he said.

According to the Economic Commission under the Communist Party of Vietnam Central Committee, the GDP grew only 5.1 percent in the first quarter of this year, so the country has to register an economic growth of over 7 percent, on average, in the remaining quarters to realize the target.

At the ongoing parliamentary session, lawmakers will consider adopting 13 bills and five draft resolutions, and give comments on five other bills.

The question time during the session will increase to three days from 2.5 days in the previous session.

The session will last till June 21.

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Keyword: Vietnam GDP Vietnam-economy GDP-growth

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