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Vietnam’s Economy Stuns the World!
Despite facing a 20% tariff on exports to the United States since August 7, Vietnam’s economy has shown remarkable resilience, defying predictions with a strong growth rate of 8.23% in the third quarter. This growth is largely attributed to an increase in foreign investments, a significant rebound in tourism, and robust domestic consumer activity. While exports to the U.S. have been affected by the tariff, the overall trade balance has remained positive, reflecting the broader strength of the Vietnamese economy. Additionally, Vietnam’s retail sales and consumer lending have played a pivotal role in driving economic expansion during this period.Source: Travel and Tour World
