"Vietnam certainly faces some serious challenges, not least the ailing domestic sector and over-reliance on the [foreign direct investment] sector, but compared to other Southeast Asian countries, its economic prospects remain bright," said Nguyen Khac Giang, pointing to the country's ability to adapt and thrive amidst regional economic shifts.
"I think Vietnam can maintain its growth momentum due to its domestic advantage of a 100-million population with a rising middle class, while also optimizing the benefits of its geopolitical position in the great power competition between China and the US," argued Nguyen Khac Giang, emphasizing the significance of Vietnam's demographic and geopolitical strengths.
#vietnam-economy #world-bank-forecast #foreign-direct-investment #southeast-asia #manufacturing-exports
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