The National Assembly targets a growth rate of 6 - 6.5% for 2024. (Photo: VNA)He said that at its recent sixthsession, the National Assembly (NA) adopted a resolution on the socio-economicdevelopment plan for 2024. One of the most important targets is a growth rateof 6 - 6.5%.
Previously, keeping macro-economicstability was given higher priority than other tasks, but for 2024, the NAdecided to focus more on promoting economic growth ahead of macro-economicstability, reflecting the determination to accelerate growth and make up forthe declines caused by impacts of the COVID-19 pandemic and the global economyin 2023, Phuong noted.
Talking about opportunities for thethree growth drivers next year, he said export has been recovering with betterperformance recorded over months and its momentum gradually regained. Total retailsales of goods and consumer service revenue have increased by over 9% andapproximated double-digit growth.
The Government’s regular press conference on December 6 (Photo: VNA)Interms of private investment, despite numerous difficulties, capital, corporatebond, and stock markets are expected to show “relatively good” recoverycapacity next year, he went on.
Thedeputy minister said a growth rate of 6 - 6.5%, equivalent to the averagetarget for 2021 - 2025, is a difficult target since it is still unable topredict all difficulties awaiting in 2024. However, with the proposed measuresin Resolution No 01 that is being drafted and expected to be issued by theGovernment at the start of 2024, the ministry hopes to reach the set target./.
VNA
