Over the next five years, Vietnam will strive for a 7% average GDP growth and a US$5,000 per capita income.
Commercial banks are trying to boost individual consumer loans, especially to home and car buyers, since credit growth had slowed due to low capital demand from businesses.
Hanoi has targeted economic growth of at least 5% in the fourth quarter of this year, to ensure its annual growth is 1.3 times higher than in the country’s average, Vice Chairman of the municipal People’s Committee Nguyen Doan Toan has said.
Total social investment in the first nine months of this year increased just 4.8% year-on-year to VND1,445 trillion, the lowest pace during the 2016-2020 period, the General Statistics Office (GSO) revealed on September 29.
Vietnam maintained its upwards trend in exports at a time when COVID-19 has ravaged international trade, with year-on-year growth of 4.2% posted in the first nine months of 2020, according to the General Statistics Office (GSO).
The consumer price index (CPI) climbed 3.85% year-on-year between January and September, the highest nine-month CPI growth over the last five years, the General Statistics Office reported.
The expanded road transport network with the building of expressways in Vietnam has contributed to the country’s noted economic growth over the past 15 years, heard a forum in central Khanh Hoa province on September 28.
Vietnam will focus on solutions to spur growth towards sustainability amidst the impact of COVID-19 during the 2021-2025 period, Minister of Planning and Investment Nguyen Chi Dung said on September 29.
The expanded road transport network with the building of expressways in Vietnam has contributed to the country’s noted economic growth over the past 15 years, heard a forum in central Khanh Hoa province on September 28.
VOV.VN - The country’s gross domestic product (GDP) is expected to record an annual increase of 2.12% during the opening nine months of the year, according to the General Statistics Office (GSO) September update.