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Economy

Vietnam seeks 6.5% growth through 2025 after missing current goal

Hanoi eyes regional supply chains after pandemic derailed GDP target for 2016-20

Vietnam illustrates an economy led by manufacturers and digital elements. (Source photo by Reuters) 

HANOI -- Vietnam looks to propose a five-year economic plan targeting growth of 6.5% to 7% for 2021-25, aiming to boost per-capita GDP to $4,700 from this year's estimate of $2,750.

The plan will be finalized when the Communist Party of Vietnam holds a convention in January, at which party members will confirm a new leadership lineup and an economic growth strategy for the next five years.

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