HANOI, July 8 (Xinhua) -- Vietnam's economy could beat all the forecasts to expand at 7 percent for the full year with a growth rate of 7.4 percent and 7.6 percent in the two last quarters, respectively, said the country's Ministry of Planning and Investment.
Providing updates for economic growth scenarios in the second half of this year, the ministry opted for the second scenario on the positive growth of economic sectors, more rapid recovery of private investment, and state-owned enterprises, positive growth momentum of foreign direct investment, robust export, improving tourism and consumption and new policies, Vietnam News Agency reported Monday.
Minister of Planning and Investment Nguyen Chi Dung said if the growth momentum was maintained, the Vietnamese economy could fulfill or even exceed the National Assembly's target of 6.5 percent.
The Vietnam's economy grew at 6.42 percent in the first half of this year, according to the General Statistics Office. ■