Vietnam records significant socio-economic improvements in Q1
(VOVWORLD) - Encouraging progress was seen in almost every aspect in Vietnam's first quarter of this year, according to a report at the cabinet meeting on Monday.
PM Pham Minh Chinh speaks at the Government's meeting on April 4, 2022. |
GDP expanded 5.03% while many sectors’ growth neared the pre-pandemic rate, the report said. It noted that the Government’s economic recovery and development program is working well and the Asian Development Bank projected Vietnam’s GDP growth of 6.5% this year, the highest in ASEAN.
“We need to immediately tackle pending issues and flexibly and effectively respond to emerging ones. It’s crucial to make an accurate forecast to work out appropriate solutions,” said Prime Minister Phạm Minh Chinh.