Macro update - The National Assembly sets target of 6-6.5% GDP growth in 2024


On the basis of clearer recovery of the economy in all aspects of investment, consumption and export; the National Assembly (NA) on November 9 adopted a resolution on the socio-economic development plan for 2024, which sets targets of 6.0 - 6.5% GDP growth and 4-4.5% average CPI. In the resolution, the NA proposed the Government to (1) strive to reduce lending interest rates to increase ability to access capital, contributing to solving difficulties for businesses, people and the economy; (2) healthy corporate bond market on the basis of continuing to improve mechanisms, policies and regulations.


This is a challenging goal in the current difficult context of world economy, demonstrating the Goverment's determination to continue economic recovery and sustainable development.

Ly Bui

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