Vietnam PM: 2023 GDP growth below target due to external factors


HANOI (Reuters): Vietnam's economic growth is seen below target this year, mostly due to external factors, Prime Minister Pham Minh Chinh has announced.

Chinh said this year's gross domestic product growth is around 5%, below a target of 6.5% and down from 8.02% expansion last year, noting that firms are facing difficulties amid weak global demand.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
VIetnam , GDP , NOt High , As Expected , PM Statement

Next In Aseanplus News

Search for the wreckage of aviation pioneer Amelia Earhart's plane comes up empty
Singapore sets aside US$92mil for bio-based chemicals research
1MDB wins appeal for fresh hearing on US$3.78bil judgement against Jho low, father
Kenny: Pearly-Thinaah and Co play on despite pockets of unrest in France
Malaysia retains WHO validation for eliminating mother-to-child HIV, syphilis transmission
Indonesia goes nuclear, with reactors just 3,000km from KL
Philippines summons Chinese ambassador Jing Quan over 'threat'; local senators calling for his expulsion
Malaysia is back in business, Amir Hamzah tells IMF-World Bank meetings
Australian teens turn to AI chatbots more than authorities to disclose online sexual harm
Cops hunting scammer who posed as Selangor Raja Muda's aide

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read