HANOI, April 14 (Reuters) – Vietnam’s government said it will target annual gross domestic product growth of 7% during the 2021-2025 period, even as the COVID-19 pandemic threatens to derail global trade and production.
The Southeast Asian country’s economy grew at its slowest pace in the first quarter of this year, at 3.8%, as the new coronavirus outbreak hit economic output.
The government said in a statement posted on its website late Monday that it will continue to improve its business environment and infrastructure, expand its export markets, apply advanced technologies and promote the development of the private sector over the next five years.
Vietnam, which has one of the fastest growing economies in Asia backed by robust exports and foreign investment, has this year struggled to maintain growth momentum due to the virus, which has halted business operations.
The government has recently announced relief packages, including tax holidays and cutting electricity prices. The central bank has also cut its policy rates to prop up economic activities.
Vietnam has so far reported 265 coronavirus cases and no deaths. (Reporting by Khanh Vu; Editing by Sam Holmes)
Đăng bởi Trần Đình Hoành
I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn.
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I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC.
I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters.
I have founded and managed businesses for me and my family, both law and non-law.
I have published many articles on national newspapers and radio stations in Việt Nam.
In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship.
Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam.
I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN.
I study and teach the Bible and Buddhism. In 2009 I founded and still manage dotchuoinon.com on positive thinking and two other blogs on Buddhism.
In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development (cvdvn.net).
I study the art of leadership with many friends who are religious, business and government leaders from many countries.
I have written these books, published by Phu Nu Publishing House in Hanoi:
"Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống) (Oct. 2011)
"10 Core Values for Success" (10 Giá trị cốt lõi của thành công) (Dec. 2013)
"Live a Life Worth Living" (Sống Một Cuộc Đời Đáng Sống) (Oct. 2023)
I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.
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CVD 