The Vietnamese economy is expected to expand by 6.7% in 2018, according to an estimate by the Ministry of Planning and Investment (MPI). SEE MORE This would result in a state budget deficit of VND222 trillion (US$9.53 billion), or 3.6% of GDP, VnEconomy reported. SEE MORE Vietnam recorded budget overspending of VND1.7 trillion (US$72.69 million) by the end of August, compared to a year-to-date deficit of VND6 trillion (US$257.45 billion) recorded 15 days earlier. SEE MORE Vietnam’s industrial production index (IPI) rose 11.2 percent on-year in the first eight months of 2018, the General Statistics Office (GSO) has announced. SEE MORE Gross domestic product (GDP) growth this year may beat the 6.7% target, said Prime Minister Nguyen Xuan Phuc at a regular cabinet meeting on the socioeconomic performance of the country today, August 30, reported the Vietnam News Agency. SEE MORE