The figures are 6.83 per cent, 3.69 per cent, 8.43 per cent and $8.15 billion respectively under the second scenario.
Vietnam’s Central Institute for Economic Management (CIEM) foresees two scenarios for its economy this year. Under the first, the national gross domestic product (GDP) will grow at 6.47 per cent, inflation at 4.08 per cent, export at 7.21 per cent, and export-import revenue is projected at $5.64 billion, a recent workshop in Hanoi was told.
CIEM director Tran Thi Hong Minh said the GDP grew at 8.02 per cent last year, the highest in the 2011-2022 period, outpacing the target of 6.5 per cent set by the National Assembly, and inflation was curbed at 3.15 per cent, below the 4 per cent projected earlier.
Nguyen Anh Duong, head of the CIEM’s general research department, said the economy would be affected more this year, according to domestic media reports.
Fibre2Fashion News Desk (DS)