Vietnam eyes economic growth of 6.4 to 6.8 pct next year

Source: Xinhua| 2017-07-06 17:40:12|Editor: Yamei
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HANOI, July 6 (Xinhua) -- Under a directive on building a plan for socioeconomic development and state budget estimate in 2018 recently signed by the Vietnamese Prime Minister Nguyen Xuan Phuc, the Vietnamese economy is expected to grow 6.4-6.8 percent next year, Vietnam News Agency reported on Thursday.

Next year, revenue to the state budget will account for nearly 21 percent of Vietnam's gross domestic product (GDP), while budget collection from exports-imports will increase at least 5 to 7 percent against this year.

Also under the directive, in 2018, priority must be given to national target programs with a view to reducing poverty and developing agriculture, especially in mountainous and disaster-hit areas, as well as projects involving healthcare, education, information technology, and key infrastructure.

The directive targets ensuring 20 percent of the total state expenditure for education and training, and 2 percent for science and technology next year.

Vietnam, whose economy grew 6.21 percent last year, is determined to realize its 6.7 percent GDP growth target set for this year.

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