HANOI: Vietnam is targeting economic growth of between 6.6% and 6.8% in 2019, Prime Minister Nguyen Xuan Phuc said on Monday.
In a speech to the National Assembly, Phuc said foreign direct investment inflows into Vietnam this year will likely reach a record US$18 billion.
He also said the Southeast Asian country will aim to keep the inflation rate at 4% for 2019.
"(Vietnam) will continue to consolidate its macro-economy, keep inflation under control, further improve its business environment and boost growth," Phuc said.
This year's growth will likely be above 6.7%, while inflation will likely remain below 4%, Phuc said.
However, he said there is pressure on Vietnam's inflation rate due to higher prices for crude oil and electricity as well as education and healthcare services.