Growth target

Update news Growth target

BUSINESS IN BRIEF 5/4

 Vietnam reaffirms no pangasius dumping, says spokesman; Oman recognises Viet Nam's market economy; PVEP starts producing oil commercially in Peru; Cambodia legislature passes investment protocol with Vietnam

NA considers lowering 2014 growth target

To avoid a potential return to high-inflation and macro-economic instability, some lawmakers suggested the 2014 growth target should drop to a more moderate 5.5 per cent, cutting half a percentage point from the original target of 6 per cent.

Vietnam may hit 2013 growth target

A social survey released by the UNESCAP has revealed that Viet Nam may reach its target for 5.5 per cent growth this year, but only if the country can successfully restore confidence in its stuttering economy.