Vietnam expects 6.2 pct GDP growth in 2015, says 2014 targets in sight

AFP

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Vietnam's Prime Minister Nguyen Tan Dung (R, bottom, on stage) speaks at the opening ceremony of the National Assembly's 2014 autumn session at the new Ba Dinh hall in Hanoi October 20, 2014. Photo: Reuters Vietnam's Prime Minister Nguyen Tan Dung (R, bottom, on stage) speaks at the opening ceremony of the National Assembly's 2014 autumn session at the new Ba Dinh hall in Hanoi October 20, 2014. Photo: Reuters

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Vietnam expects faster economic growth next year of 6.2 per cent, picking up from a targeted 5.8 per cent this year, Prime Minister Nguyen Tan Dung said on Monday.
The Southeast Asian nation plans to keep inflation next year at five per cent, compared with a government projection of "below five per cent this year", Dung told the National Assembly in its opening session broadcast nationwide.
After growing 5.42 per cent in 2013, Vietnam's economy has been expanding faster this year, with the third quarter's annual growth quickening to 6.19 per cent, from 5.42 per cent in the second quarter and 5.09 per cent in the first three months, government data show.
The consumer price index in September rose 2.25 per cent from December 2013, the slowest year-to-date pace in a decade, Dung said.
Parliament will discuss and may approve the government's socioeconomic targets for 2015 during its autumn session due to end in late November.
Vietnam's stock market gained slightly on Monday after Dung released positive assessments for economic performance in 2014 and targets for 2015. The VN-Index rose 0.83 percent to 590.15 points by 09:24 a.m. after six straight sessions of falls.

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