Vietnam's 2023 GDP to grow by 6.47%, inflation by 4.08%, projects CIEM

The GDP grew at 8.02 per cent in 2022, the highest in the 2011-2022 period, outpacing the target of 6.5 per cent set by the National Assembly, and inflation was curbed at 3.15 per cent—below the 4 per cent projected earlier, CIEM director Tran Thi Hong Minh was quoted as saying by a news agency.

CIEM said the economy will be more affected this year with tight monetary policies adopted by major economies in response to inflationary pressures, rising geopolitical competition and the Russia-Ukraine war.

Fibre2Fashion News Desk (DS)