Vietnam grapples with shrinking exports, power crunch

Economists downgrade forecasts, saying country 'not out of woods yet'

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Textile and apparel companies display goods at a trade show in Ho Chi Minh City: Manufacturers are grappling with weaker foreign demand and domestic turmoil. (Photo by Lien Hoang)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- The Vietnamese economy is facing multiple headwinds, including shrinking exports and frequent blackouts, raising concerns over the outlook for Southeast Asia's rising manufacturing hub.

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