Vietnam’s economy to grow 5.8 per cent in 2014, PM says

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PV02RGDT5CVietnam’s economy is expected to expand 5.8 per cent in 2014, in line with a government target and faster than last year, Prime Minister Nguyen Tan Dung said on October 20.

The Southeast Asian country is expected to keep annual inflation at a rate below 5 per cent, or about 2 percentage points below a government target, 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 annualised 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 September’s consumer price index rose 2.25 per cent from December 2013, the slowest year-to-date pace in a decade, Dung said.

 

 

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Reading Time: 1 minute

Vietnam’s economy is expected to expand 5.8 per cent in 2014, in line with a government target and faster than last year, Prime Minister Nguyen Tan Dung said on October 20.

Reading Time: 1 minute

PV02RGDT5CVietnam’s economy is expected to expand 5.8 per cent in 2014, in line with a government target and faster than last year, Prime Minister Nguyen Tan Dung said on October 20.

The Southeast Asian country is expected to keep annual inflation at a rate below 5 per cent, or about 2 percentage points below a government target, 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 annualised 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 September’s consumer price index rose 2.25 per cent from December 2013, the slowest year-to-date pace in a decade, Dung said.

 

 

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