Vietnam PM says economy recovering



Vietnamese Prime Minister Nguyen Tan Dung is upbeat that his country can achieve its economic targets and plans this year, with the economy “gradually recovering” from its troubles.


“The economy is recovering, the macro-economy is stabilizing, and GDP growth is also increasing,” the premier said as he chaired a meeting to recap macro-economic management in the first quarter of 2015 in Hanoi on Monday.


PM Dung said the 6.03 percent growth in the first quarter is evidence for his remark.


He also listed many other good signs, including growing industrial production, stable foreign exchange rates, enlarged foreign reserves, and ensured public welfare and security.


The ‘victory’ gained in the first quarter adds ground to the belief that Vietnam will go on to achieve its full-year targets and plans for eco-social development in 2015, according to the premier.


The targets include a 6.2 percent growth rate, 10 percent increase in export turnover, controlled inflation, and stable foreign exchange rates, he elaborated.


The prime minister said the country can even surpass the 6.2 percent growth target.

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