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Update news economic growth rate
The economic growth projection for 2024 anticipates a steady increase of around 6 percent, without any sudden jumps. This is in line with established patterns and sets the momentum for the target year of 2025.
Despite difficulties, the government has been striving for a GDP growth rate of 7 percent, an inflation rate of below 4 percent and a credit growth rate of 14 percent this year.
Thu Duc City’s government must focus on implementing required tasks, especially proposing special mechanisms at the soonest to create advantages for the new city’s development.
Vietnam’s gross domestic product (GDP) increased 7.02 percent in 2019, marking the second straight year the economic growth rate topping 7 percent since 2011, according to the General Statistics Office (GSO).
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