Vietnam targets 8.4% economic growth in the last quarter of the year to boost economic recovery.

Arabian Sea Newspaper - Special

**Arab Sea - Follow-ups:** Vietnam's Prime Minister Pham Minh Chinh said on Saturday that Vietnam's economy must grow by at least 8.4 percent in the last quarter of the year to meet the government's 2025 target of expanding by more than 8 percent. Chinh said during the monthly cabinet meeting that the country's traditional economic drivers of attracting large-scale projects funded by foreign investment, exports, and domestic consumption are not meeting expectations, according to a post on the government's website, Bloomberg reported on Saturday. He added that US tariffs have slowed exports, domestic consumption through October is still behind the government's target of 12 percent for the year, and public investment disbursement is still behind schedule. He added that the government is in advanced negotiations on trade agreements with the Southern Common Market "Mercosur," a trade bloc in South America, and the Gulf Cooperation Council.