Vietnam's Ministry of Planning and Investment targets the economy to grow 7% next year, flat from 7% estimated for this year, state-owned Vietnam News Agency reported Wednesday.
The country's gross domestic product for 2008 is forecast at dong 1.82 trillion (US$106 billion), with income per capita reaching US$1,200, the agency said.
The forecasts are based on the country's economic performance in the first nine months of this year, it said. MPI officials are preparing the country's development targets for 2009 to submit to lawmakers, who will discuss them later this month in a National Assembly meeting, the agency said.
Vietnam reported 6.5% GDP growth in the first nine months of this year, compared with 8.2% growth a year earlier.
In 2009, the country is expected to have total exports of US$76.7 billion, up 18%, and total investment of 725 trillion dong, or 40% of GDP, the MPI said.
Vietnam's consumer price index is forecast to rise less than 15% next year, the agency said. The CPI rose 27.9% from a year earlier in September and analysts forecast an inflation rate of between 27% and 28% for the year.
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