Global Headwinds Hinder Vietnam Hitting 2023 Growth Target
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Vietnam, facing continued global economic headwinds, will struggle to hit the year’s growth target of 6.5%, National Assembly Chairman Vuong Dinh Hue told a Hanoi economic forum.
“It will be very hard for Vietnam to meet its GDP growth target this year,” he said. The export-reliant country has been unable to gain economic momentum as global demand for products manufactured in Vietnam has waned and major markets such as China, the US, South Korea and Japan are enduring slowdowns, Hue said.