In its recent report, the company wrote that Vietnam’s economy accelerated in the second quarter, as its GDP growth rose by 6.9%, with the industry and service sectors being the largest contributors.
The export sector continued its growth, supported by key sectors including smartphones, electronics, and textiles.
The report also highlighted that FDI achieved significant growth this quarter, further cementing Vietnam as a credible investment destination.
According to the firm, total FDI registered reached 15.2 billion USD in the first half of 2024, an increase of 13.1% over the same period last year.
The strong performance could spur the country’s economy in the immediate quarters, and it supports Vietnam’s position as an important investment destination for foreign businesses as they look to diversify their global supply chains, it stressed./.
