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Vietnam aims for 7pc GDP growth, 15pc inflation next year

September 07, 2008 00:00:00


HANOI, Sept 6 (Xinhua) The Vietnamese government has targeted gross domestic product (GDP) growth of seven per cent and an inflation rate of 15 per cent next year, local newspaper Young People reported Friday, citing a government official as saying. brThe figure was made in a proposal by the government scheduled to be submitted to the National Assembly of Vietnam for approval, said Nguyen Xuan Phuc, chairman of the government office. brVietnam will continue to prioritise inflation reduction next year, striving for an ideal inflation rate of 12 per cent, said Phuc. brThe country will work hard to post a single-digit inflation rate in December 2009 or January 2010, helping to ensure macroeconomic stability and social welfare improvement, said Phuc. brThe inflation in the first eight months this year went up 22.14 per cent year-on-year in Vietnam, according to the general statistics office.

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