Government proposes revising up 2025 GDP growth to over 8%

(VOVWORLD) -The National Assembly Standing Committee on Monday basically agreed with the Government report which sets a GDP growth target of 8% or more this year.

Scene of the meeting. Photo: Doan Tan/VNA

2025 GDP size is projected to be over 500 billion USD, GDP per capita over 5,000 USD, and the average consumer price index (CPI) growth rate to reach 4.5-5%, according to the report.

At the Standing Committee’s 42^nd session on Monday, Chairman of the National Assembly's Economic Committee Vu Hong Thanh said the adjustment of this year's growth target reflects the Government's determination and efforts in achieving socio-economic development goals for the 2021-2025 period, creating a solid foundation to achieve double-digit growth over a long enough period of time to steer the country into an era of prosperous development.

The Standing Committee agreed to submit the Government's proposal to the 9th Extraordinary Session of 15th National Assembly, which will open on Wednesday.

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Government proposes revising up 2025 GDP growth to over 8%

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