Viet Nam's economy poised for sustained growth despite global challenges: ADB Country Director
Hanoi, July 17 -- The ADB Country Director said, the strong performance was underpinned by broad-based drivers, including industrial production, exports, foreign direct investment (FDI), public investment, services and domestic consumption, reflecting the economy's continued growth momentum and resilience.
However, Chakraborty cautioned that the external environment has become increasingly challenging. As one of the world's most open economies, Viet Nam remains highly vulnerable to fluctuations in global trade, tariffs, energy prices, exchange rates and weakening demand in key export markets. Faster import growth than exports also indicates expanding production but highlights the country's continued dependence on imported inputs.
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