HCMC – Prime Minister Pham Minh Chinh chaired a Government meeting on November 9, where GDP growth is targeted at 7.5% in the final quarter of this year as part of the country’s 2024 socioeconomic development objectives.
In urging a strong year-end push, Chinh described the fourth quarter as critical, saying it would make sure the country can achieve annual growth of over 7%.
He noted that Vietnam’s target growth is nearly double the projected average for ASEAN and global economies. To achieve this, Chinh highlighted the need for breakthrough policies, innovation, and new growth drivers.
Senior Government officials reviewed Vietnam’s performance over the first 10 months and outlined priorities for the final two months. Chinh acknowledged global challenges affecting Vietnam’s economy, including geopolitical tensions, fluctuating commodity prices, and sluggish global economic recovery.
The meeting also addressed prepared proposals for the ongoing eighth session of the 15th National Assembly, which will include discussions on key legislation such as the investment policy for the North-South high-speed railway project.
