Raising tariffs without violating WTO commitments and thorough border
checks are among measures suggested by Deputy Minister of Finance Do
Hoang Anh Tuan to reduce imports and ease the mounting trade deficit.
The country's economy outlook continued its rapid recovery in the first
half of this year with positive trends in two key economic indicators,
gross domestic product and consumer price index, reported the Ministry
of Planning and Investment.
Vietnam 's industrial production
reached 64.7 trillion VND (3.4 billion USD in May, up 13.8 percent
over the same period last year, according to the General Statistics
Office (GSO).
Industrial production in November
surged 3.6 percent month-on-month, lifting the growth rate for the
first 11 months to 7.3 percent over the same period last year, the
General Statistics Office said.
Revenues of supermarkets and plazas
increased by 200 to 300 percent during National Day, contrary to a
previous forecast that purchasing power during the holiday was not
likely to be strong.
Vietnam posted an increase of 5.6
percent in its industrial production value to top 443 trillion VND in
the past eight months of this year, according to the General Statistics
Office (GSO).
XIII National Congress of Communist Party of Vietnam
