Vietnam likely to meet economic growth target of nearly 7%
Vietnam has overcome the negative impacts of the global financial crisis and become one of the most effective economies in the Asia-Pacific region.
This statement was made by delegates at the Consultative Group Meeting which opened in Hanoi on December 7.
The event was attended by Deputy Prime Minister Pham Gia Khiem, Minister of Planning and Investment Vo Hong Phuc, and Director of the World Bank in Vietnam Victoria Kwakwa as well as representatives from bilateral, multilateral and non-government organizations (NGOs) in Vietnam.
Addressing the meeting, Minister Phuc emphasized that donors and international communities have effectively cooperated with the Vietnamese government and people to help the country overcome difficulties in its process of renewal and international economic integration.
Mr. Phuc hoped that in the future, donors will continue to support Vietnam in implementing its ten-year strategy (2011-2020) and the socio-economic development plan (2011-2015) and help it make perfect the socialist-oriented market economy, and develop human resources, especially highly-qualified staff.
Participants agreed that Vietnam has overcome the impacts of the global financial crisis with a GDP growth rate of 6.5 percent in the first nine months, and 7.2 percent in the third quarter alone. Vietnam is likely to meet its economic growth rate target of nearly 7 percent this year.
Delegates also said that Vietnam should speed up reforms in state-owned enterprises and state investments as well as give priority to social, environmental and economic projects.
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