growth

Vietnam Benefits and Challenges to Join TPP

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According to experts, Vietnam will enjoy a series of advantages from joining the Trans-Pacific Partnership (TPP). When joining TPP, estimated exports of Vietnam in 2025 is expected to increase by 28.4%, reaching USD 307 billion. The growth would be contributed by exporting more manufactured goods (34% more), import and processing of consumer goods (27% more). … Read more

Vietnam Trims Growth Forecast

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HANOI—Vietnam trimmed its economic growth forecast and sharply raised inflation expectations, as the government battles to restore economic stability. The country is now targeting gross domestic product growth of 6.5% this year, from an initial target range of 7%-7.5%, Minister of Planning and Investment Vo Hong Phuc said Tuesday at an annual meeting of the … Read more