Vietnam targets fiscal deficit at below 4% of GDP in 2020
Vietnam continues to restructure the state budget and public debt management to ensure national financial security and sustainability .
Vietnam continues to restructure the state budget and public debt management to ensure national financial security and sustainability .
Total capital expenditure in the 2016 – 2020 period would exceed the target of VND2,000 trillion (US$86.45 billion), accounting for 27 – 28% of total spending.
A strong business community is an essential component of a prosperous country, said Prime Minister Nguyen Xuan Phuc.
Vietnam's economy is expected to grow 6.8% this year before slowing to 6.5% in the next few years.