A pedestrian walks past a Phuong Dong Bank banner.

Vietnam’s economy may grow between 7 percent and 8 percent annually from 2011 to 2015, according to a statement on the government’s website that cited draft measures from the ministry of planning and investment.

Vietnam also forecast exports to rise 12 percent a year in the 2011-2015 period, according to the statement. It didn’t say what measures would be implemented to meet the goals.

In the 2006-2010 period, the country “basically stabilized the macro economy and maintained growth,” the ministry of planning and investment said, according to the statement.

Source: Bloomberg