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Banking & Finance: Vietnam Seeks More Foreign Aid to Meet 2006-10 Development Plan.

Asia Africa Intelligence Wire

| December 02, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Vietnam News Briefs)

The Vietnamese government called for more assistance from international donors during the 12th Consultative Group Meeting in Hanoi yesterday to help the country achieve its development goals until 2010 including a target of reaching annual economic growth of 7.5-8.5% in the 2006-10 period.

"In the past four years, Vietnam has maintained a comparative high economic growth and is expected to grow at a high rate of 7.4% annually, (not meeting a planned target of 7.5%)" said Vietnam Deputy Prime Minister Khoan. "However, the country is facing risks of economic backwardness, and therefore rapid and sustainable growth will be our top …

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