Vietnam To Target 6.5 per cent-7 per cent GDP in 2010

Vietnam To Target 6.5 per cent-7 per cent GDP in 2010 15/06/2009 09:48:00 888

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The government of Vietnam has just announced on its Website a plan to achieve GDP growth of 6.5 per cent-7 per cent next year...

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The government of Vietnam has just announced on its Website a plan to achieve GDP growth of 6.5 per cent-7 per cent next year.

 

The government said in a statement that it will target state budget incomes to account for 21 per cent of the country’s GDP, including 20 per cent of tax collection [excluding incomes from crude oil and land use rights], up 16 per cent-18 per cent on year from 2009.

 

The government said it will raise taxes to be imposed imports and exports by at least 5 per cent-7 per cent.

 

This year, the government has revised down GDP growth to 5 per cent from 6.5 per cent due to impacts of the global downturn.

 

(chinhphu.vn, Youth)