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Vietnam’s 2021 GDP growth far below target

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Hanoi

Vietnam is estimated to post a gross domestic product (GDP) growth of between 3 percent and 3.5 percent in 2021, far below the target of around 6 percent set earlier by the National Assembly (NA), Vietnamese Prime Minister Pham Minh Chinh said Wednesday.

Chinh made the remarks when presenting a government report at the second session of the 15th NA of Vietnam, which opened on Wednesday.

Due to the severe impacts of the ongoing COVID-19 infection wave, Vietnam reported a GDP growth of just 1.42 percent in the first nine months of this year as businesses and people, especially those in epidemic hotspots, faced many difficulties.—Xinhua

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