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Economy

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Vietnam's textile and garment industry hits the bottom of difficulty

The textile and garment industry's difficulties are almost over.

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Vietnam's trade surplus surpasses $16.25 billion by mid-August

In the first half of August, Vietnam's commerce with the rest of the world was assessed at $28.6 billion, with export value decreasing by 10.8 percent yearly.

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Exchange market pressure could be lower on rising foreign currency reserves

After six months of calm, there are still many risks that could put pressure on the exchange rate in the second half of 2023.

  • Optimistic signals from US market

    The US is currently Vietnam's second-largest trading partner. In 2022, Vietnam's export turnover to the US reached $109.38 billion, marking the first export market of surpassing $100 billion.