News · VnExpress

Deputy PM: Economy growing fast but management pressures mounting

Vietnam's GDP grew 9.01% in the first nine months, but Deputy Prime Minister Pham Gia Tuc warned of mounting policy pressures and said Q4 growth must reach 12.5% to meet the full-year target while keeping inflation around 4.5%. 24 of 34 provinces posted nine-month growth below their full-year targets, with Hanoi needing 16.55% in Q4 and Ho Chi Minh City 13.23%. Other points include a trade deficit of 19.42 billion USD over nine months, average CPI up 4.52%, and public investment disbursement at 62.9% of plan. For 2027, the government targets GDP growth of 10% or more, with budget revenue rising about 9.1%, and savings of 5% of public investment and 10% of regular spending to fund priority projects and social security.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Phó thủ tướng: Kinh tế tăng nhanh nhưng áp lực điều hành ngày càng lớn

Read the original on VnExpress ↗

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