World Economy

Vietnam Predicts GDP Growth at 6.8 Percent

Vietnam Predicts GDP Growth at 6.8 PercentVietnam Predicts GDP Growth at 6.8 Percent

The Vietnamese government will strive for gross domestic product growth of 6.8% in 2019, according to a direction signed by Prime Minister Nguyen Xuan Phuc this week, VNA reported. Based on the gross regional domestic product in the first six months of this year, localities are required to estimate the figure for the whole year and forecast development prospects to identify a rational GRDP for 2019. To reach the goal, the government will boost administrative reforms and build a modern and professional administrative system to serve national development. Meanwhile, salary reform will be accelerated in line with the resolution adopted at the 7th plenary session of the 12th Communist Party of Vietnam Central Committee. The reform must ensure that payrolls encourage investment in human resources and greater labor productivity. Regarding the settlement of complaints and denunciations, and corruption prevention, inspections should be enhanced in high-risk fields like land management, public assets and construction using state funds.


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