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Can Vietnam Keep Its Growth Streak Alive?

Can Vietnam Keep Its Growth Streak Alive?

Published 1 month, 3 weeks ago
Description

Vietnam has reached a new milestone after being reclassified as an upper-middle-income economy, capping decades of rapid industrialisation and export-led growth. Despite a strong second quarter, the country is also contending with rising energy costs, a widening trade deficit, and uncertainty over US tariffs as it pursues an ambitious double-digit growth target. Can Vietnam sustain its remarkable momentum, or are signs emerging that its next phase of development will be more challenging?


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