Sustainable Growth and Development

摘要

Vietnam's economy has attained impressive growth in 2007, with GDP up 8.48 per cent against 2006, ranking among the highest national economic growth rates in the region. According to an assessment by the Asian Development Bank (ADB), China's economy grew 11.2 per cent in 2007, Vietnam's 8.3 per cent, Singapore's 7.5 per cent, the Philippines' 6.6 per cent, Indonesia's 6.2 per cent, Malaysia's 5.6 per cent and Thailand's 4 per cent. In 2007, the country reported total investment of VND461.9 trillion for social development, accounting for 40.4 per cent of GDP (fulfilling the 40 per cent target), up 15.8 per cent on year. Of the total, the state-owned sector spent VND200 trillion, accounting for 43.3 per cent of the total volume and up 8.1 per cent on year; and the private sector spent VND187.8 trillion, representing 40.7 per cent and up 8.1 per cent. Meanwhile, the foreign-invested sector contributed VND74.1 trillion, making up 16 per cent of the total amount and up 17.1 per cent on year.