Vietnam's growth in 2016 projected at only 6%
Vietnam's economy is expected to expand by 6% or less in 2016, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR).
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Vietnam's economy is expected to expand by 6% or less in 2016, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR).
Prime Minister Nguyen Tan Dung suggested Cabinet members raise the national GDP growth rate target from 6.7 percent to 7 percent in 2016.
The 13th People's Council of Ninh Binh province convened its15th meeting from December 8 to 10, reviewing socio-economic performance in 2015 and deciding tasks for 2016. During the sesssion, it passed14 important Resolutions that could help the locality achieve stronger and more sustainable growth. Secretary of the Ninh Binh provincial Party Committee Nguyen Thi Thanh, Chairman of the People's Council Nguyen Tien Thanh, and Chairman of the provincial People's Committee Dinh Van Dien attended the session.
Over the past 9 months, Vietnam's GDP growth rate stood at 6.5%, the highest rate in recent, which shows the national economy has maintained its momentum.
President of the Vietnam Fatherland Front Central Committee Nguyen Thien Nhan expressed his belief that the Party Committee and people of Ninh Binh province will drive the locality into a new development period with higher and more sustainable economic growth, improved living standards and a strengthened political system.
Ninh Binh province has so far licensed 542 projects with a total registered capital of 105 trillion VND (4.6 billion USD), said Nguyen Cao Son, Vice Director of the Department of Planning and Investment.
Vietnam's economic growth in 2015 is forecast to reach 6.4 percent, according to the Ministry of Planning and Investment.
Gross domestic product (GDP) growth rate was estimated at 6.11 percent in the first half of 2015, compared to the 5.18 percent in the same period last year, statistics revealed at a meeting on June 24.
Prime Minister Nguyen Tan Dung has called for efforts to exceed the growth target of 6.2% for the whole year, as economic expansion in the first quarter beat expectations.
The Vietnamese economy grew 6.03 percent within the first quarter compared to that of 2014, the highest figure in a positive Q1 growth trend maintained from 2011 through 2014, unveiled the General Statistics Office (GSO) on March 26.
Ninh Binh's GDP growth will reach 9.83% in 2014, according to a report released during a meeting of the Ninh Binh Provincial People's Committee on November 21 presided over by Dinh Van Dien, Deputy Secretary of provincial Party Committee, who is also Chairman of the People's Committee.
The Ninh Binh province's National Assembly Deputies' group on September 22 had a meeting with representatives of the local banking sector. It was attended by provincial Party Committee's secretary Nguyen Thi Thanh.
Vietnam can be on par with regional economies such as the Republic of Korea and Taiwan (China) if it records annual growth of 9% over the next 20 years, the World Bank (WB) has said.
The Ninh Binh Provincial People's Committee on Setember 8 held a conference to build socio-economic development and public investment plans for the 2016 - 2020 period.
Cabinet members called for maximum efforts in achieving this year's economic growth target of 5.8 percent in their August 27-28 meeting in Hanoi.
The national consumer price index (CPI) this month increased by 0.22 percent over that of last month and 1.84 percent over that of the end of last year.
Dubbed as "Ha Long Bay on land", the Trang An landscape complex, a cradle of civilization of ancient Vietnamese, is the first in Vietnam to have been recognized by UNESCO as a world natural and cultural heritage site. The title creates a chance to heighten Vietnam's image in the eye of foreign friends.
The exports of garment and steel in the first quarter of 2014 achieved remarkable growth rates.
Businesses that struggled to survive between the years 2011 and 2013 are now leaders in terms of both business administration and independent business strategy.
Vietnamese and foreign experts shared experience in economic reform to achieve inclusive and sustainable growth at an international conference in Hanoi on March 24.
Economists predict the Vietnam economy will experience positive growth in 2014 on the back of an increasing global demand and much improved world economic environment.
The future is looking brighter for Viet Nam as the country begins the Year of the Horse, economists say.
Vietnam's export revenue from agriculture, forestry and fishery in December totalled over US$2.3 billion, bringing the aggregate sectoral export revenue in 2013 to US$27.4 billion, up 0.7% over 2012.
2013 is set to be a bumper year for the tourism sector as it has already welcomed 6.8 million visitors in the first eleven months so far, which represents an increase of 10.2 percent over the same period last year, says Nhan Dan Online.
Nearly 100 domestic and foreign experts shared experience in drawing up and implementing a new growth strategy in Vietnam.