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HANOI, Dec. 24 (Xinhua) -- Vietnam has achieved macro-economic stability in 2014 and the government has improved the standard of living of the Vietnamese people but more efforts are needed to have a sustainable economic development.
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Kimura said that 2014 is the third consecutive year when Vietnam showed consistent positive macro-economic indicators with inflation kept very low, foreign exchange rate stable, and foreign exchange reserves substantial.
In a report on socio-economic situation in 2014 and targets for 2015 delivered at the yearend meeting of the National Assembly (NA) in Hanoi Authentic Ryan Ramczyk Jersey , Vietnamese Prime Minister Nguyen Tan Dung said the country's gross domestic product (GDP) is estimated to grow by 5.8 percent this year, which is higher than the 5.42 percent GDP growth in 2013.
In 2014, the country's total export earnings could post a year- on-year increase of 12.1 percent (surpassing the set target of 10 percent), bringing the country's exports receipts to about 148 billion U.S. dollars.
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Kimura said that Vietnam's central bank has provided sufficient liquidity that has stimulated economic activities and led to good GDP growth ratio as well as improved credit growth.
According to a government report Authentic Marcus Davenport Jersey , credit growth has improved during recent months, staying at over 10 percent as of the end of November, the same rate in December 2013.
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