Vietnam Underlines 8 Percent Growth Target

TEHRAN (ANA)- Vietnamese Prime Minister Pham Minh Chinh reaffirmed the country's commitment to achieving an economic growth rate of 8 percent or higher this year despite U.S. tariff challenges.
Speaking at the government's monthly meeting, the prime minister acknowledged that some export sectors, such as textiles and wooden furniture, have been adversely affected by the U.S. tariffs, while domestic consumer demand is recovering slowly.
Although meeting the growth target is challenging, he emphasized that this period presents an opportunity to restructure the economy, diversify markets and expand the range of export products.
The leader stressed that negotiations with the U.S. will be conducted with the goal of protecting Vietnam's legitimate rights and interests, fostering balanced and sustainable trade and ensuring compliance with all international agreements to which Vietnam is a party.
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