HANOI, June 21 (Reuters) - Vietnam's gross domestic product growth is expected to meet the government's target of 6.0%-6.5%, the country's central bank governor said on Friday.
"The domestic economy has seen positive signs of recovery," the State Bank of Vietnam governor Nguyen Thi Hong said in a statement.
Hong said industrial production and investment had seen significant growth, while the operations of the banking system were "stable".
Vietnam's GDP in the first quarter grew 5.66% from a year earlier, backed by robust exports, faster than an expansion of 3.41% in the same period last year, but slower than the 6.72% growth in the fourth quarter.
The Southeast Asian country, however, is facing upward pressure on inflation, leaving the central bank little room to boost credit growth to underpin growth.
The annual inflation rate edged up to 4.44% in May, nearing the government's target ceiling of 4.5% for the year. (Reporting by Khanh Vu Editing by Ed Davies)
