Vietnam Economy Grows Nearly 7% on Trade War Tailwinds (Nikkei Asian Review)

Vietnam’s real gross domestic product rose 6.71% on the year in the April-June quarter, marking one of the highest growth rates among key Southeast Asian economies as it shapes up into an alternative export hub to China.

Shipments from Vietnam to the U.S. are on the rise as companies move production here from China. But the trend could widen Vietnam’s trade surplus with America, possibly drawing the ire of President Donald Trump. READ MORE

Similar Posts:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Visit Us On TwitterVisit Us On FacebookVisit Us On LinkedinCheck Our FeedVisit Us On Instagram