Prime Minister Nguyen Tan Dung revealed Vietnam’s target of 6.2-percent GDP growth for 2014 at the Vietnam Business Forum 2014, a dialogue channel between the Government and the business community in Vietnam, on Tuesday. The Vietnamese government leader also said Vietnam is striving to keep inflation rate at 5 percent and budget overspending rate at around 5 percent next year. In order to make these targets come true, the Government will complete the market economy mechanism, further improve laws and administrative procedures, and step up development of capital, monetary, labor and property markets, PM Dung said. At the same time, the Government will facilitate businesses in boosting their productivity and competitiveness, further improve the investment environment, and boost the fight against smuggling and counterfeiting of goods, he added. The Vietnamese leader also said Vietnam will take measures to make improvements in job creation, poverty reduction, healthcare services, and educational opportunities. The PM also highlighted the anti-corruption fight as a priority next year. At the forum, delegates discussed main issues including the public and bad debts, the development of the private sector, the privatization of State-owned-enterprises, administrative procedure reform, and issues arising after Vietnam joined joined international trade agreements. The co-chair of the forum, Virginia Foote, hailed Vietnam’s recent legislation performances, including the National Assembly’s adoption of the amendments to the Law on Enterprises and the Law on Investment.

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