Vietnam's Economic Surge: GDP Growth and Debt Control

Vietnam's economy is forecasted to expand by 6.8%-7.0% in the coming year, according to Prime Minister Pham Minh Chinh. The nation's public debt remains well managed and under the legislative limit established by the National Assembly, as discussed during a parliamentary session in Hanoi.


Devdiscourse News Desk | Hanoi | Updated: 21-10-2024 08:31 IST | Created: 21-10-2024 08:31 IST
Vietnam's Economic Surge: GDP Growth and Debt Control
  • Country:
  • Vietnam

Vietnam's economic outlook remains optimistic, with Prime Minister Pham Minh Chinh predicting a gross domestic product growth of 6.8%-7.0% this year.

Addressing the parliament in Hanoi, Chinh emphasized that the country's public debt is firmly under control, resting comfortably below the cap set by the National Assembly.

This projection and fiscal stability reflect a robust economic strategy aimed at fostering sustainable growth and maintaining financial prudence.

(With inputs from agencies.)

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