Vietnam targets 6.7% expansion
Vietnam’s National Assembly has just adopted a resolution on its socioeconomic development plan for 2017, targeting a gross domestic product growth rate of about 6.7 percent. Some 85 percent of assembly deputies approved the resolution at the ongoing second session of the country’s 14th assembly held in Vietnam’s capital Hanoi, reported local Vietnam News on Tuesday. The plan also targets a rise of 6 to 7 percent in export-import revenues, and a trade deficit accounting for some 3.5 percent of the total trade turnover in 2017. The consumer price index is expected to increase at around 4 percent, while total social development investment is expected to reach 31.5 percent of GDP.