VEPR: VN must strive for GDP growth rate target in 2020

VGP – Viet Nam needs to make greater efforts to fulfill the preset GDP growth rate goal of 6.8% and rein in inflation rate under 4% in 2020 as political uncertainties in the world would exert impacts on the country, according to the Viet Nam Institute for Economic and Policy Research (VEPR).

January 16, 2020 2:54 PM GMT+7

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The VEPR convened a seminar to publish the macro-economic performance report in Q4 and 2019 on January 16 in Ha Noi.

A working group of the VEPR forecast that the preset goals on GDP growth rate and inflation are feasible.

They forecast that economic growth rates would be 6.33% in Q1, 6.27% in Q2, 6.58% in Q3, 6.64% in Q4, and 6.48% in 2020.

Similarly, inflation rates would respectively be 4.88%, 4.49%, 4.13%, and 4.04% in Q1, 2,3 and 4./.

By Kim Loan