Economics
Vietnam Economy Boosted by Lower Energy Costs, Latest Data Show
- Pledged foreign investment has increased 53% this year
- Full impact of yuan and dong devaluations may be seen later
This article is for subscribers only.
Vietnam’s economy is benefiting from cheap oil as disappearing inflation boosts domestic demand, early indicators of growth this quarter show. The impact of a weakened currency following China’s yuan devaluation is less clear.
Economic data this week show how lower energy costs are giving consumers and businesses breathing room: