(VOVWORLD) - Vietnam’s socio-economic development continued to improve in the past 10 months, according to the Government’s’ monthly meeting for October.
 Prime Minister Pham Minh Chinh chairs the Government’s’ monthly meeting for October, 2022. (Photo: VOV) |
Macro-economic stability and major economic balances were maintained, inflation was controlled, food security was ensure and total trade increased 14% to 616 billion USD, the Ministry of Planning and Investment reported.
GDP is forecast to reach between 7.5% and 8.2%, among the highest in Southeast Asia, the Ministry cited reports by several major financial institutions.
However Prime Minister Pham Minh Chinh said that there will be more challenges than opportunities in the near future and cabinet members should double their efforts to fulfill the set targets.