Crippled exports slow Vietnam’s growth | The Malaysian Insight

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Crippled exports slow Vietnam’s growth

A street vendor selling flowers walks on a street in Hanoi, Vietnam, June 21, 2022. Vietnam’s 3.72% growth in exports from January-June is lower than the corresponding period in 2022. – EPA pic, June 29, 2023.

VIETNAM’S economic growth slowed in the first half of the year as exports were hit by a slump in demand, authorities said today. The Southeast Asian country, a global manufacturing hub for clothing, shoes and electronics, saw expansion of 3.72% in January-June, down from 6.42% in the same period of last year.

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