Vietnam must accelerate growth in Q4 to realize whole year's target: ministry-Xinhua

Vietnam must accelerate growth in Q4 to realize whole year's target: ministry

Source: Xinhua

Editor: huaxia

2024-10-07 20:36:45

HANOI, Oct. 7 (Xinhua) -- Vietnamese Minister of Planning and Investment Nguyen Chi Dung said that the country must strive to achieve gross domestic product (GDP) growth of 7.6 percent to 8 percent in Q4 to realize the whole year's target of 7 percent or more.

He was speaking at a monthly government meeting on Monday.

He emphasized that the two major cities of Hanoi and Ho Chi Minh City need to further promote their leading role and strive to achieve higher growth rates in Q4 to help the country's growth exceed 7 percent for the whole year.

The ministry proposed 10 groups of key tasks and solutions to accelerate growth, including production and business recovery, after Typhoon Yagi, grabbing opportunities from year-end and Lunar New Year shopping trends.

According to the General Statistics Office, Vietnam's GDP posted a 7.4 percent year-on-year growth in Q3 and a 6.82 percent growth in the first nine months of this year.