Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and also voted in favour of major infrastructure projects, including the country's first nuclear power plants and a rail link to China.

HO CHI MINH CITY] Vietnam’s parliament on Wednesday (Feb 19) voted to revise the country’s official growth target for 2025 to at least 8 per cent, from the range of 6.5 to 7 per cent approved last November.

On the morning of February 19, the National Assembly passed a resolution supplementing Vietnam’s 2025 economic and social development plan, setting an ambitious target of at least 8% GDP growth.

Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and backed major infrastructure projects, including a rail link to China and the construction of the country's first nuclear power plants.

The Vietnam National Assembly on Wednesday gave a near-unanimous approval to a railway bill that allows the country to utilize Chinese loans for the construction of a new $8.3 billion link aimed at improving transport connections between the two neighboring countries.