Vietnam anticipates average 6.5-7% economic growth in 5 years
(VOVworld) – The National Assembly Standing Committee convened its 46th session on Monday. Deputies reviewed socio-economic development in 2015 and over the last 5 years and discussed development, financial, public investment, and land use plans until 2020.
Vietnam anticipates average 6.5-7% economic growth in 5 years |
A report by Minister of Planning and Investment Bui Quang Vinh said Vietnam anticipates an average economic growth rate of 6.5-7% over the next 5 years. Vietnam’s per capita income is expected to be 3.200 USD to 3.500 USD with a budget deficit of 4% of GDP by 2020.
Minister of Finance Dinh Tien Dung reported on the use of the state budget in 2015 and financial plans over the next 5 years. Minister of Natural Resources and Environment Nguyen Minh Quang reported on land use rights until 2020.
Deputies also commented on the government report.