The Việt Nam Institute for Economic and Policy Research (VEPR) expects GDP growth in the fourth quarter of 2024 to reach 7.4 per cent, thereby reaching the 7 per cent target set by the Government.
The Ministry of Finance said a bad translation claiming that the
tax-rate-to-profit ratio in Viet Nam was high, accounting for nearly 40
per cent of profit and undermining competitiveness, caused
misunderstandings.
Viet Nam''s GDP grew 5.62 per cent in the first nine months of 2014,
along with accelerating foreign investment that increased exports and
manufacturing, according to a report released by CBRE Viet Nam.
The country''s foreign direct investment capital in the first two months
of the year declined more than 60 per cent to US$1.54 billion against
the same period last year.