HANOI, Oct. 8 (Xinhua) -- Nine Vietnamese provinces and cities need to achieve gross regional domestic product (GRDP) growth of over 15 percent in the fourth quarter for the country to meet its double-digit economic growth target this year, local daily VnExpress reported Wednesday.
Under a resolution adopted at the government's regular meeting in September, the northern province of Lang Son needs to achieve the highest growth rate, at 18.41 percent, in the final quarter. Other localities required to post growth of over 15 percent include Vinh Long, Thanh Hoa, Ca Mau and Tuyen Quang.
The capital, Hanoi, needs to achieve GRDP growth of 16.55 percent in Q4 to reach its full-year target of 11 percent, while the southern hub of Ho Chi Minh City is required to post growth of 13.23 percent in Q4, after its GRDP expanded by 9.06 percent in the first nine months of the year.
According to the National Statistics Office, 12 of Vietnam's 34 provinces and cities recorded GRDP growth of over 10 percent year on year in the first nine months.
Vietnam's gross domestic product (GDP) grew by 9.01 percent year on year in the nine-month period, with growth in the third quarter reaching 9.95 percent, putting pressure on localities to maintain strong growth in the final three months to help meet the country's overall growth target.
The government said that GDP needs to grow by 12.5 percent in the fourth quarter for the full-year growth rate to reach 10 percent, the report added.
Vietnam is seeking to achieve an average annual GDP growth rate of at least 10 percent in the 2026-2030 period under the resolution of the 14th National Party Congress, according to the Vietnam News Agency. ■
