THE SOCIALIST REPUBLIC OF VIET NAM
Government News
VN expects high economic growth in second half
VNGOP – According to the Ministry of Planning and Investment (MPI), in the remaining six months of 2007, Việt Nam will obtain a high economic growth rate. A GDP growth rate of 8.5 percent is estimated for the whole year of 2007.
August 16, 2007 7:07 AM GMT+7
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Those optimistic estimates are based on some factors: The mobilization of development investment capital to the end of the year is expected to reach over 41 percent of GDP, the registered FDI capital US$ 12-16 billion, and export growth rate 20 percent.
It is predicted that industrial sector will top in GDP (increasing by 10.5-11 percent), followed by services (8.7-9.1 percent), agro-forestry and fishery (3-3.5 percent).
By Hoàng Nguyên