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Vietnam grows fast, stably

In Uncategorized on December 16, 2010 at 9:35 am

After the global financial crisis, Vietnam has fast and stably grown, said Deepak Mishra, chief economic expert of World Bank (WB) in Vietnam in Hanoi on Tuesday.

Vietnam grows fast and stably (Photo: VnEconomy)

He was stating at a press conference held before the Consultative Group (CG) Meeting 2010, which will took place in the capital city on December 7 and 8.

Vietnam could hit the target of 6.5 percent in growth rate this year as schedule, he said. However, it will also meet a lot of challenges including the skyrocket of inflation and exchange rate in the year end.

As a result, Vietnam should have measures to reduce instability of the macro economy in the first quarter next year, according to WB. The country would achieve the GDP growth of about 7 percent next year, the organization forecasted.

Related article:
CG conference to discuss sustainable development

Source: SGGP

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