Vietnam Economy Unpredicted Grow Amid Pandemic

The economy of Vietnam grew in the quarter at The rate due to the pandemic in a decade, as exports slumped.

0.36 per cent rose from a year before, compared with a revised 3.68percent in the first quarter, the General Statistics Office said Monday at Hanoi.

Vietnam market is currently taking a knock Virus hurts need and disrupts supply chains, but is likely, to be among the actors in Southeast Asia this past year.

Prime Minister Nguyen Xuan Phuc said that the market could Sustain an increase of 4%-5% this year as the government appears to bring in more overseas investment from companies adjusting distribution chains.

Exports dropped 2 per cent in June than a year earlier, while imports rose to 5.3 per cent.

Consumer prices climbed 3.17percent in June from a year earlier, up from 2.4percent in May.

The government intends to limit inflation.

Vietnam submitted a trade surplus of $500 million compared with a $900 million deficit.

Danielle Sylvia
 

Danielle is working as the Reporter for General Shopping Store. She tries to find everything new going on in our Business world and provide it to our readers.

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