Government seeks to achieve growth of 6.2% in 2015

Prime Minister Nguyen Tan Dung has issued a resolution on measures to implement the socio-economic development plan and budget for 2015 with the aim of achieving 6.2% growth.

Illustration photo (Photo: Thai Thien)

Under Government Resolution 01/NQ-CP, Vietnam is aiming to reach an export growth of 10%, keep inflation at around 5%, reduce the poverty rate by 1.7-2%, bring the bad debt ratio down to less than 3% and create 1.6 million jobs in 2015.

The Prime Minister called on ministries and agencies to carry out flexible monetary policy, tight fiscal policy and other measures to achieve the above targets.

In 2014, the Vietnamese economy grew by 5.98% and 12-month average inflation fell to 4.09% compared with 6.6% in 2013.

Total export revenue in 2014 was estimated US$150 billion, up 13.6% from the previous year.

Last December, the Prime Minister said, at a conference with international development partners, that the Vietnamese Government will continue to pursue institutional reform to facilitate business activities.

He also expected Vietnam to finalise negotiations of trade pacts with several trading partners in early 2015, which will act as a catalyst for further growth.

(Source: nhandan.org.vn)