Vietnam Economy

Over the past month, 10 out of 11 major consumer goods categories saw price increases.

Bilateral trade between the two countries amounted to US$38.6 billion in the first four months of 2024, with the US remaining Vietnam's largest export market.

Local lenders are encouraged to provide incentives and attract individuals to take out consumer loans.

Vietnam hopes to facilitate better business conditions for foreign companies, especially those from the US.

Bilateral trade between Vietnam and the UAE grew by 5.9% year-on-year in 2023.

Vietnam’s economy is forecast to recover by 6% in 2024, returning to its normal growth trend.

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Vietnam’s economic growth is expected to expand by 5.8% in 2023 and later rebound to 6.0% in 2024.

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