HANOI: Vietnam remains committed to achieving its economic growth target of 10 per cent this year despite global challenges, the Vietnam News Agency reported Wednesday (June 17).
The Ministry of Finance said at its regular press conference on the day that economic growth in the first five months of the year reached about 1.83 per cent, a positive result amid geopolitical tensions in the Middle East, oil price volatility and global inflationary pressure, but still below the planned trajectory, the report said.
The ministry is working with competent agencies to review growth scenarios to devise appropriate policy measures, supporting localities and businesses in meeting their assigned growth target.
Vietnam's total trade turnover rose 25 per cent year on year to US$445.1 billion in the January-May period, while its trade deficit stood at US$13.8 billion during the span and widened to US$15.36 billion as of June 7, according to the ministry's data. - Xinhua
