Amid the COVID-19 pandemic, the expected growth of 2.5-3 percent this year is still encouraging (Photo: VNA) Hanoi (VNA) – Vietnam’s 2021 economic outlookdepends on the domestic and global COVID-19 situation, but growth of 6 percentis an achievable target for next year, a lawmaker has said.
Talking to the press on November 3 on thesidelines of the 14th-tenure National Assembly’s 10th session, deputy DuongMinh Tuan of southern Ba Ria-Vung Tau province said amid the complex COVID-19outbreak and a global economic recession, although Vietnam has also sufferedfrom the pandemic’s socio-economic impacts like other countries, this year’sGDP growth of about 2-3 percent is encouraging.
Showing his support for the Government’s reportson socio-economic development and the State budget, he highly valued theCabinet’s efforts, attributing the stable economic development and GDP growthin 2020 despite COVID-19 to the whole political system’s engagement and theGovernment’s drastic directions.
Vietnam has been striving to minimise the pandemic’sconsequences and done a good job in COVID-19 prevention and control, he said.
Though export and import activities have been affected asthey are related to other countries, the realisation of targets set by the NAhasn’t been influenced much, Tuan said.
The legislator noted that the expected growth of2.5-3 percent this year is relatively low.
However, he held that the target of about 6percent for 2021 is feasible if the country can maintain anti-COVID-19 effortslike at present and successfully stimulate domestic demand.
The NA’s 10th session is scheduled to last for19 days with online meetings held from October 20 to 27 and face-to-facediscussions in Hanoi from November 2 to 17./.
VNA
