Vietnam Maps Out Plan to Keep a Tiger in the Economy’s Tank
- Government targets average annual expansion of as much as 7%
- Debt could breach ceiling of 65% of GDP as borrowing rises
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One of the few economies still enjoying old-fashioned export-propelled growth, Vietnam is drawing up policy plans for the next four years as threats to trade mount.
Lawmakers start a month-long session on Thursday to discuss policies that can help the government meet its goal of average annual expansion of as much as 7 percent until 2020. The National Assembly, composed of 496 members elected in May, will approve a number of targets for 2017, including on growth, inflation, exports, spending and the budget deficit. Here are some of the issues to watch.