Vietnamese PM Says Steps Will Be Taken to Meet GDP Goal

The transcript discusses Vietnam's economic outlook, with Prime Minister Xuan Phuc expressing confidence in achieving a 6.7% growth target despite a slowdown. Strategies include enhancing exports, FDI, and agricultural production. Inflation control remains a priority, with a target of 0.9% in the first quarter. The government is also focusing on banking sector reforms, allowing foreign investors to take over commercial banks and addressing toxic debt issues.

What growth rate does the Prime Minister of Vietnam aim to achieve despite the economic slowdown?

• 6.0%

• 7.2%

• 6.7%

• 5.5%

Which sectors showed a strong pickup in April and May, according to the Prime Minister?

• Real Estate and Construction

• Technology and Retail

• Exports, FDI, and Agriculture

• Tourism and Manufacturing

What is the inflation target that Vietnam aims to maintain?

• 2.0%

• 0.9%

• 1.5%

• 1.2%

What is one of the key reforms in Vietnam's banking sector?

• Reducing the number of banks

• Allowing foreign investors to take over commercial banks

• Increasing interest rates

• Nationalizing all banks

What is the government's plan for commercial banks with significant state stakes?

• To close them down

• To merge them with foreign banks

• To invite strategic investors

• To privatize them completely