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Last updated: Tuesday, February 09, 2010
Vietnam National Assembly Approves 6.5% GDP Growth Target for 2010
Posted: Tuesday, November 10, 2009
Vietnam’s National Assembly, the country’s top legislative body, approved late last week a resolution on a 6.5% GDP growth target for 2010, the Vietnamese government announced.
The assembly approved other targets including a 6% growth of exports, a 7% growth of construction and production, a 7.5% growth of services, and total development investments accounting for 41% of GDP and inflation of 7% at most next year.
It also passed the targets of generating 1.6 million jobs and curbing poverty reduction rate to below 10%, the resolution said.
The assembly allowed setting up an economic stimulus fund to serve medium and long-term growth targets, it added. (Local sources)
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