Vietnam’s economic growth of 5.05% this year is below the government’s target

This post is also available in: 简体中文 (Chinese)

Vietnam’s economic growth slowed to %下降至5.05% in 2023 from 8.02 last year due to weak global demand, intensified anti-corruption efforts and stagnant public investment, official data showed. This growth rate is lower than the government’s target of 6.5 %目标和过去10年平均增速5.87%

。 Vietnam is a regional manufacturing hub, but exports fell by 4.4 %,至3555亿美元,智能手机出货量更下降8.3% Although below the government’s target, the General Statistics Office of Viet Nam considers this to be a positive achievement, making Viet Nam one of the fastest-growing economies in the region and globally.

(Source: Oriental Daily Picture source: freepik)

Leave a Reply

Your email address will not be published. Required fields are marked *