PM assigns GDP growth target of 6.7 percent in 2017

The Prime Minister has recently made a decision on socioeconomic targets next year, assigning to the Ministry of Planning and Investment 6.7 percent gross domestic product (GDP) growth rate and consumer price index of about 4 percent.

A medium sized plastic pipe company in Binh Thanh district, HCMC (Illustrative photo: SGGP)

According to the decision, the ministry has been tasked to reach the total social development capital of 31.5 percent GDP and 87 percent industrial parks and export processing zones having wastewater treatment system meeting environmental standards.

In addition, he entrusted the Ministry of Industry and Trade with 6-7 percent export import turnover, trade deficit of 3.5 percent of the turnover and GDP per unit of energy use reduction of 1.5 percent over 2016.

The Ministry of Agriculture and Rural Development has been assigned to increase forest coverage ratio to 41.45 percent, the Ministry of Health to raise the number of hospital beds to 25.5 beds per 10,000 citizens and the rate of health insurance attendees to 82.2 percent population.

By T. Trinh – Translated by Hai Mien

Other news

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SGN lists 24million shares on HOSE

 Saigon Ground Services JSC (under code: SGN) will list on the Ho Chi Minh City Stock Exchange (HOSE) 24 million shares for the first time starting on August 1st at a reference price of VND 140,000 per share.