Vietnam wary of Trump tariff risks as PM eyes 8% GDP growth

Quick Summary:

Vietnam, Asia’s growth star whose economy surpassed all expectations in the fourth quarter, could face price pressures and challenges to the prime minister’s 8 percent expansion target on the Trump administration’s policies.

Double-digit growth in overseas sales, along with resilient foreign investments, helped support manufacturing activity.

Vietnam’s economy, where the value of exports is about the same size as its GDP, steadily recovered last year as global demand for its products picked up.

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Article Details

Author / Journalist: Nguyen Dieu Tu Uyen & Nguyen Xuan Quynh | Bloomberg

Category: BusinessStartups

Markets: PhilippinesVietnam

Topics: Vietnam Year Quarter Percent Fourth Statistics Prices Nguyen Growth Global Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 11:37:15 (3 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 651 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24915369

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 57 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 11 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #37

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