Vietnam determined to reap GDP per capita of $960 in 2008
December 27, 2007 00:00:00
HANOI, Dec 26 (Xinhua): Vietnam is determined to post gross domestic product (GDP) per capita of 960 US dollars in 2008, up from estimated 723 dollars in 2007, the Pioneer newspaper today quoted Vietnamese Prime Minister Nguyen Tan Dung as saying.
The country will strive to achieve economic growth of more than 9 per cent next year, compared with the target of 8.5-9 per cent, he said at a meeting on the implementation of economic development resolutions of the National Assembly of Vietnam, the country's top legislature, ended today.
Vietnam will strive to fundamentally fulfil its 2006-2010 socioeconomic development target right in 2008, two years ahead schedule, Dung noted.
The Vietnamese government is asking local relevant agencies to improve the investment environment, ensure the macro-economy's stability, increase quality of human resources, and intensify administrative reform and anti-corruption campaign.
The country is set to record GDP growth of 8.44 per cent in 2007, up from 8.17 per cent in 2006.
Meanwhile, two-way trade through Mong Cai international border gate in Vietnam's northern Quang Ninh province bordering China was estimated at 2.4 billion US dollars this year, up 16 per cent against last year, local newspaper Vietnam Economic Times reported yesterday.
Vietnam mainly exports rubber, farm products, seafood, coal and cosmetics, while importing urea, equipment, consumer goods, agricultural machines, and automobile and motorbike parts via the border gate.
The border gate's Vietnamese management board has recently established a sub-border gate to facilitate export of local seafood. Now, some 40 Chinese companies and traders import 80-100 tons of the product via the sub-border gate each day, the newspaper said.
Trade between China and Vietnam grew to over 9.95 billion dollars in 2006 from 8.2 billion dollars in 2005, according to the Chinese Commercial Ministry. The figure is expected to reach 13-14 billion dollars in 2007, many Vietnamese trade experts predicted.
