Vietnam remains a bright spot in Asian regional economic slow down
(VOVWORLD) - Fitch Solutions has released a report on Asian economic growth in the context of trade war.
 (Illustrative photo) |
The report attributed US China trade tension to less positive business and economic growth in Asia as most economies’ exports fell in the first half of this year.
However, Vietnam’s exports still grew at 25% with an economic growth projected at 6.5% this year.
Fitch Solutions predicts Vietnam and Thailand are the biggest beneficiaries from the production facilities movement out of China to other Asian countries.