Trade turnover nears $500 billion in first nine months
Vietnam's trade with the rest of the world reached nearly $500 billion in nine months through September, according to the General Department of Customs.
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IMF maintained forecast for Vietnam’s GDP growth at 4.7% in 2023 but expressed their optimism about the medium-term prospects, with GDP growth predicted to reach 5.8% in 2024 and 6.9% in 2025.
Fitch Solutions recently lowered real GDP growth forecasts for Vietnam to 4.7% for 2023 and 5.5% in 2024 (previously 5.0% and 6.0%, respectively).
Viet Nam appears to be on track for a robust recovery, noted HSBC in its recent report Viet Nam at a glance released on October 12.
Vietnam's trade with the rest of the world reached nearly $500 billion in nine months through September, according to the General Department of Customs.
Vietnam will not be able to materialise its desired economic growth this year because of massive snags which have hurt the nine-month growth.
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