Vietnamese export recovery gains momentum: VinaCapital

Economy Vietnamese export recovery gains momentum: VinaCapital Wednesday, 11:51, 21/02/2024 VOV.VN – Rising confidence among consumers in the United States is anticipated to help new Vietnamese export orders as they continue to increase over the months ahead, according to investment management firm VinaCapital The first two quarters of 2023 saw Vietnam record negative export growth for the first time since the global financial crisis in 2008-2009. However, exports resumed growth in the fourth quarter of 2023 before surging by 42% in January 2024. Michael Kokalari, chief economist at Vinacaptial, described January export growth as impressive, although the high January growth rates were boosted by the low base set by a drop in Vietnamese exports in early 2023. He attributed this…

Source: VOV - VOV Online Newspaper
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