Vietnam turns challenges into opportunities: World Bank
Hanoi, April 10 -- Hanoi (VNS/VNA) - As growth across East Asia and the Pacific slows amid mounting global uncertainty, Vietnam continues to stand out for its ability to adapt and turn challenges into opportunities for reform, according to the World Bank. In its regional economic update released on April 8, the World Bank said the region faces increasing pressure from global uncertainties, including an energy shock linked to tensions in the Middle East, rising trade barriers and policy volatility worldwide. These factors are expected to weigh on growth in East Asia and the Pacific in the coming years. The World Bank forecasts regional growth will ease from 5% in 2025 to about 4.2% in 2026, largely due to a weaker global environment and a ...
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