Vietnam Economy 2001-2005 and Socio-Economic Development Plan 2006-2010

Dinh Van An
JEL codes: 
Central Institute for Economic Management Working Paper

In 2005, Vietnams GDP growth rate attained 8.4%, far exceeding the 2004 figure of 7.8%. This is the highest growth rate that Vietnam has experienced since 1997. Vietnam also scored the second highest growth rate (preceded by China) compared to other East Asian countries. High economic growth rate in 2005 enabled Vietnam to fulfill its targeted average growth rate of 7.5% per annum set in the 2001-2005 Five-year Plan.