The Government is aiming for an economic growth rate of 7 percent for 2024, surpassing the National Assembly’s target of 6-6.5 percent.
According to the latest update from the Ministry of Planning and Investment, several key economic indicators have exceeded the National Assembly’s goals despite domestic and global unpredictable developments.
The country’s gross domestic product (GDP) growth is projected at 6.8-7 percent in 2024, surpassing forecasts from international organizations.
The agro-forestry-fishery and service sectors have maintained strong growth, while industrial production has bounced back robustly.
The average consumer price index (CPI) during January-August stood at over 4 percent, and it is expected to remain below 4.5 percent for the whole year.
Furthermore, Vietnam also enjoyed positive growth in trade, retail sales, and services revenue, as well as production, business and investment activities.- (VNA/VLLF)
