Bloomberg News

Vietnam Aims to Cut Budget Deficit to 4.5% of GDP by 2015

October 19, 2011

Oct. 20 (Bloomberg) -- Vietnam aims to reduce its budget deficit to 4.5 percent of gross domestic product by 2015, Prime Minister Nguyen Tan Dung said in the text of a speech at the National Assembly today.

The country wants to cut the budget deficit to 4.8 percent of GDP next year, from an estimated 4.9 percent this year, Dung said.

To contact the editor responsible for this story: Alan Soughley at asoughley@bloomberg.net


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