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

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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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. 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...

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.

 

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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