Vietnam’s GDP growth expands by 3.72% in H1
The services sector has been a driver of economic support, with policies aimed at stimulating domestic consumption and promoting tourism to sustain growth in this sector.
The services sector has been a driver of economic support, with policies aimed at stimulating domestic consumption and promoting tourism to sustain growth in this sector.
The banking sector should provide sufficient capital for the economy, particularly in priority areas and other growth drivers such as consumption, investment, and exports.
The US remained Vietnam’s largest export market, with a revenue of $7.6 billion, while China was the top supplier of imported products at $8.1 billion.
The country recorded a trade surplus for the seventh consecutive year of almost US$11 billion.
This showed a big leap in Vietnam’s trade performance over the past two decades, starting at a modest $30 billion in turnover in 2001.
The country has posted a trade surplus of nearly $11 billion.
By 2030, it is expected that Vietnamese goods would be available at both traditional and online distribution networks in all countries having free trade agreements (FTAs) with Vietnam.
The utilization of a diversified network of free trade agreements continues to support Vietnam’s trading performance despite the unfavorable global economic environment.
Vietnam currently stands 12th globally and third in ASEAN in electronics exports.
A diversified network of free trade agreements (FTAs) that Vietnam is a part of serves as a significant boost for the country's exports.